Investor · 2 deals
Every published round Hyundai took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Car Next Door | Unnamed stage | 17 Sep 2019 | $6.2m | Participant | Startup Daily (Thu 20 Jan 2022), Startup Daily (Fri 4 Oct 2019), Startup Daily (Tue 17 Sep 2019), SmartCompany | |
| Car Next Door | Accelerator | 2018 | $2m | Participant | SmartCompany, Startup Daily (Fri 4 Oct 2019), Startup Daily (Tue 17 Sep 2019), Wholesale Investor |
Companies Hyundai has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Car Next Door | 2018, Accelerator | 2 | 0 |
Fund closes reported for Hyundai, as distinct from the investments it has made.
Companies Hyundai has backed that another company then bought. An exit for the holding, not a deal Hyundai did.
Stories naming Hyundai. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Arafura, partly owned by renewables critic Gina Rinehart, has finalised financing for its Northern Territory rare earths mine, with $1.2 billion in government support and wind turbine and EV makers as customers.
Arafura Rare Earths, part-owned by renewables critic Gina Rinehart, has locked in financing for its Nolans project, drawing roughly $1.2 billion in Australian and German government support despite her anti-net-zero campaigning.
Mobility newsletter roundup: Uber's robotaxi deal with Rivian, Nvidia's automaker partnerships, Advanced Navigation's Series C, other startup raises, and acquisitions including Amazon's purchase of robotics startup Rivr.
Dovetail Electric Aviation will integrate Hyundai's HTWO hydrogen fuel cell into ground testing ahead of planned flight trials, with regional airline Rex recalling its April purchase of a twenty per cent stake.
TechCrunch's Daily Crunch roundup covering Musk's Twitter purchase and Apple's fees, Zillow layoffs, LatticeFlow and OTI raises, Square Peg's fund close, and Argo AI's shutdown.
Also Startup Daily
Sydney dealership group Phil Gilbert partners with subscription platform Loopit, which also recently completed a 3.6 million dollar seed round led by Tidal Ventures with Upswell Ventures and Luxem participating.
Also Tidal Ventures portfolio·SmartCompany·SmartCompany·Australian FinTech·Australian FinTech
South Korean battery maker LG Energy Solution's shares nearly doubled in their Korean Stock Exchange debut, valuing the company near A$125 billion in Asia's second-largest IPO.
Car-sharing platform Car Next Door has been bought by Uber for undisclosed terms. The piece retraces the company's decade-long journey, including a 2016 Shark Tank pitch and backing from Hyundai, Caltex and Investible.
Uber has bought the decade-old Australian car-sharing marketplace Car Next Door for an undisclosed price. The startup's leadership stays on; Hyundai was its most recent backer with $6.2 million in 2019.
Also SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Wholesale Investor
Founders Will Wise, Tanvir Uddin and Tessa Fields launched Vyro, an online electric vehicle dealership with trade-in and financing features, after joining Antler's program, and plan to partner with The Good Car Co.
Skyfii has completed its acquisition of venue analytics startup Blix for $300,000 upfront plus an earnout, gaining CountSmart technology and customers, with four Blix staff let go and founder Tony Loxton staying as advisor.
Wholesale Investor profiles Car Next Door, an Australian car-sharing marketplace, detailing its Hyundai and Suncorp-backed Series C raise, earlier 2019 funding, Series A and B history, and expansion plans.
Hyundai has injected a further $6.2 million into car-sharing marketplace Car Next Door, having earlier joined Caltex in a raise, as the startup plans a nationwide subscription rollout.
Australian car-sharing platform Car Next Door has raised $6.2 million from Hyundai, after a recent $1.8 million round, with co-founder Will Davies discussing scaling pains and the coming shift to shared autonomous transport.
Also Startup Daily·Startup Daily·Startup Daily·Wholesale Investor