Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond with its range of world-class vehicles and mobility services available in more than 200 countries.
Portfolio
2
companies
Arrival
Arrival provides a financial platform that consolidates household utility bills and rent payments for tenants.
AppyParking
Kerbside management and mobility technology firm digitising parking for motorists and local authorities.
Yun-seong Hwang
Vice President
Hyundai and Kia led the investment round to support the joint development of commercial electric vehicles.
"Arrival has created a game changing product category – Generation 2 Electric Vehicles. Hyundai and KIA make world-class vehicles with uncompromising quality. This strategic partnership will empower our companies to scale Generation 2 Electric Vehicles globally"
West Hill Capital led the Series A round with backing from Hyundai, Sumitomo, Aviva Ventures, and Breed Reply to fund international growth and product development.
"Across the world 'Smart City' projects are underway to develop autonomous vehicle and intelligent mobility solutions to help save our cities from grinding to a standstill. The challenge is real and technological innovation is racing ahead of the legacy infrastructure in place to manage a key piece of city real estate – the kerb. By empowering local authorities with the tools that help them better manage and open up their kerbside, we’re helping them to address key issues like congestion and air quality, whilst also laying the future foundations for truly sustainable intelligent mobility. It’s a real achievement for the whole team to secure this investment and I’m extremely excited to have Hyundai and Sumitomo on board to support our mission. Work is already underway to take our mission global as we aim to make the humble kerb work for everyone, and help cities thrive."
