About 42dot Technologies
42dot Technologies is a company based in South Korea founded in 2019 was acquired by Hyundai Motor Company in August 2022.. 42dot Technologies has raised $127.61 million across 4 funding rounds from investors including Kia, Hyundai Motor Company and SK. 42dot Technologies offers products and services including Software-Defined Vehicle, TAP!, and AEV. 42dot Technologies operates in a competitive market with competitors including RideOS, Goggo, Bestmile, Fleetonomy and Launch Mobility, among others.
- Headquarter South Korea
-
Sectors
Transportation, Automotive & LogisticsTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Forty To Dot Co., Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$127.61 M (USD)
in 4 rounds
-
Latest Funding Round
$88.5 M (USD), Series A
Nov 02, 2021
-
Investors
Kia
& 14 more
-
Employee Count
Employee Count
-
Acquired by
Hyundai Motor Company
(Aug 15, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of 42dot Technologies
42dot Technologies offers a comprehensive portfolio of products and services, including Software-Defined Vehicle, TAP!, and AEV. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables vehicle updates for safety and performance enhancements.
Provides integrated services for autonomous mobility solutions.
Develops electric vehicles with advanced software features.
Unlock access to complete
Funding Insights of 42dot Technologies
42dot Technologies has successfully raised a total of $127.61M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $88.5 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $88.5M
-
First Round
First Round
(01 Mar 2019)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - 42dot Technologies | Valuation | Hyundai Motor Company , Shinhan Financial Group | |
| Jun, 2020 | Amount | Seed - 42dot Technologies | Valuation | LIG Nex1 , KTB Network |
|
| Oct, 2019 | Amount | Seed - 42dot Technologies | Valuation | Kia |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 42dot Technologies
42dot Technologies has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Kia, Hyundai Motor Company and SK. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Financial group
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Investments in multiple sectors are handled by DA Value Investment.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by 42dot Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - 42dot Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
42Dot Technologies Comparisons
Competitors of 42dot Technologies
42dot Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RideOS, Goggo, Bestmile, Fleetonomy and Launch Mobility, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Technologies for self-driving vehicle transportation ecosystems are provided.
|
|
| domain | founded_year | HQ Location |
Autonomous vehicle technology is provided for safety and mobility networks.
|
|
| domain | founded_year | HQ Location |
Cloud-driven fleet optimization is provided for autonomous and human-driven vehicles.
|
|
| domain | founded_year | HQ Location |
Fleet intelligence solutions for autonomous vehicles are developed and provided.
|
|
| domain | founded_year | HQ Location |
Car sharing platform for self-driving fleets
|
|
| domain | founded_year | HQ Location |
Autonomous vehicle fleets are managed and optimized using proprietary technology.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about 42dot Technologies
When was 42dot Technologies founded?
42dot Technologies was founded in 2019.
Where is 42dot Technologies located?
42dot Technologies is headquartered in South Korea.
Is 42dot Technologies a funded company?
42dot Technologies is a funded company, having raised a total of $127.61M across 4 funding rounds to date. The company's 1st funding round was a Seed of $25.01M, raised on Mar 01, 2019.
What does 42dot Technologies do?
42dot provides a cloud-enabled mobility platform for autonomous transportation services. It develops UMOS which is a mobility and logistics platform that integrates services like e-hailing, fleet management, demand-responsive transport, logistics, and more. It offers solutions for self-driving ground and airborne vehicles. UMOS Algorithm determines traffic flow and optimizes control for routing and dispatching of fleets, UMOS Map gathers lane-level data and real-time traffic data to enable autonomous vehicles to recognize the surroundings. Also, UMOS Network integrates various transportation services to get accessible by users in a single platform and UMOS Connect enables people to manage and access various services like accommodation, food, entertainment, and more.
Who are the top competitors of 42dot Technologies?
What products or services does 42dot Technologies offer?
42dot Technologies offers Software-Defined Vehicle, TAP!, and AEV.
Who are 42dot Technologies's investors?
42dot Technologies has 15 investors. Key investors include Kia, Hyundai Motor Company, SK, LG, and Shinhan Bank.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.