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
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Forty To Dot Co., Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$127.61 M (USD)
in 4 rounds
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Latest Funding Round
$88.5 M (USD), Series A
Nov 02, 2021
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Investors
Kia
& 14 more
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Employee Count
Not available
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Acquired by
Hyundai Motor Company
(Aug 15, 2022)
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Products & Services of 42dot Technologies
42dot Technologies offers a comprehensive portfolio of products and services, including Software-Defined Vehicle, TAP!, and AEV.
Enables vehicle updates for safety and performance enhancements.
Provides integrated services for autonomous mobility solutions.
Develops electric vehicles with advanced software features.
People of 42dot Technologies
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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.
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.
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Investments in multiple sectors are handled by DA Value Investment.
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Investor details for 42dot Technologies
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Investments & Acquisitions by 42dot Technologies
Investment portfolio details for 42dot Technologies
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Financial Statements - 42dot Technologies
Detailed financials for 42dot Technologies
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42Dot Technologies Comparisons
Peer comparison for 42dot Technologies
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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.
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Technologies for self-driving vehicle transportation ecosystems are provided.
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Autonomous vehicle technology is provided for safety and mobility networks.
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Cloud-driven fleet optimization is provided for autonomous and human-driven vehicles.
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Fleet intelligence solutions for autonomous vehicles are developed and provided.
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Car sharing platform for self-driving fleets
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Autonomous vehicle fleets are managed and optimized using proprietary technology.
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Detailed competitors of 42dot Technologies
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Latest news on 42Dot Technologies
Complete news archive for 42dot Technologies
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Frequently Asked Questions about 42dot Technologies
42dot Technologies was founded in 2019.
42dot Technologies is headquartered in South Korea.
42dot Technologies is a funded company, having raised a total of $127.61M across 4 funding rounds to date.
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.
42dot Technologies offers Software-Defined Vehicle, TAP!, and AEV.
42dot Technologies has 15 investors. Key investors include Kia, Hyundai Motor Company, SK, LG, and Shinhan Bank.