Hyundai open call to startups

By CARSIFU | 16 November 2020


SEOUL: Hyundai Motor Group announces its 2020 ZER01NE Accelerator, an open innovation platform that facilitates collaboration among startups and Hyundai’s internal teams on various projects.

This program discovers valued startups and develops strategic usage possibilities of their innovative technologies.

A total of 50 ZER01NE Accelerator projects have been developed by various teams within the Group under 10 themes, including data, user experience, human machine interface, mobility, charging, robotics, smart factory, logistics, healthcare and materials.

hyundai


Applying startups can apply for only one among these projects. Teams responsible for technology developments will be directly involved in reviewing and recruiting startups for collaboration.

Selected startups will be provided with a budget for project development. The Group will also review potential equity investment into startups among those selected.

Since ZER01NE Accelerator’s introduction in 2018, eight affiliates of the Group and 54 startups have participated in the program, resulting in 48 collaborative projects and 35 equity investments to startups.

 

Keywords