42dot Technologies - About the company
42dot Technologies is an acquired company based in South Korea, founded in 2019. It operates as a Developer of software-defined vehicle technology and autonomous mobility solutions. 42dot Technologies has raised $130M in funding from investors like Hyundai Motor Company, Kia and LG, with last known valuation of $*****. The company has 207 active competitors, including 61 funded and 32 that have exited. Its top competitors include companies like Waymo, Mobileye and Innoviz.
Company Details
Developer of software-defined vehicle technology and autonomous mobility solutions. The company develops software-defined vehicles that can be updated like smartphones. It also builds data platforms connecting vehicle, road, and transportation data. The company aims to popularize autonomous mobility services through its integrated mobility platform. Furthermore, it creates autonomous electric vehicles using its software-defined vehicle technology.
- Website
- 42dot.ai
- Email ID
- *****@42dot.ai
Key Metrics
Founded Year
2019
Location
Stage
Acquired
Total Funding
$130M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 15, 2022
Investors
Ranked
15th among 207 active competitors
Employee Count
890 as on Aug 31, 2026
Exit Details
Acquired by Hyundai Motor Company (Aug 15, 2022)
Legal entities associated with 42dot Technologies
42dot Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Forty to Dot Co., Ltd CIN: 734-86-01407 , South Korea, Active | Mar 07, 2019 | - | 524 (As on Dec 31, 2023) | - |
42dot Technologies's acquisition details
42dot Technologies got acquired by Hyundai Motor Company and Kia on Aug 15, 2022 at an acquisition amount of $*****.
Click here to take a look at 42dot Technologies's acquisition in detail
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42dot Technologies's funding and investors
42dot Technologies has raised a total funding of $130M over 4 rounds. Its first funding round was on Mar 2019. Its latest funding round was a Series A round on Nov 02, 2021 for $*****. 10 investors participated in its latest round. 42dot Technologies has 18 institutional investors.
Here is the list of recent funding rounds of 42dot Technologies:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 02, 2021 | 9965449 | Series A | 3899678 | 7605450 | 1839557 | 8909525 |
Jun 18, 2020 | 7565792 | Seed | 2417251 | 5942166 | 9088184 | 8428122 |
Oct 01, 2019 | 1175280 | Seed | 7030677 | 1016085 |
View details of 42dot Technologies's funding rounds and investors
42dot Technologies' founders and board of directors
Founder? Claim Profile42dot Technologies' employee count trend
42dot Technologies has 890 employees as of Aug 26. Here is 42dot Technologies's employee count trend over the years:
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42dot Technologies's Competitors and alternates
Top competitors of 42dot Technologies include Waymo, Mobileye and Innoviz. Here is the list of Top 10 competitors of 42dot Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Waymo 2009, Mountain View (United States), Series D | Provider of self-driving and autonomous vehicle solutions for safe and accessible transportation | $27.1B | 81/100 | |
2nd | Developer of automated driving systems and vehicle safety sensor technology | $530M | 80/100 | ||
3rd | Developer of LiDAR sensors and perception software for autonomous vehicles | $252M | 75/100 | ||
4th | Nuro 2016, Mountain View (United States), Series E | Developer of autonomous driving technology for automakers and mobility providers | $2.34B | 73/100 | |
5th | Pony.ai 2016, Fremont (United States), Public | The company specializes in developing autonomous driving technology for robotaxis, robotrucks, and POVs | $1.19B | 73/100 | |
6th | Wayve 2017, London (United Kingdom), Series D | Developer of embodied artificial intelligence software for autonomous vehicle systems | $2.61B | 73/100 | |
7th | May Mobility 2017, Ann Arbor (United States), Series D | Developer of autonomous vehicle technology using multi-policy decision-making artificial intelligence | $383M | 72/100 | |
8th | Zoox 2014, Foster City (United States), Acquired | Platform offering operator of autonomous vehicle passenger service designed for urban environments | $990M | 70/100 | |
9th | Cruise 2013, San Francisco (United States), Acquired | Platform offering solutions for autonomous car | $7.72B | 70/100 | |
10th | WeRide 2017, San Jose (United States), Public | AI-driven autonomous vehicle technologies | $1.09B | 68/100 | |
15th | 42dot Technologies 2019, South Korea, Acquired | Developer of software-defined vehicle technology and autonomous mobility solutions | $130M | 65/100 |
Looking for more details on 42dot Technologies's competitors? Click here to see the top ones
42dot Technologies's Investments and acquisitions
42dot Technologies has made no investments or acquisitions yet.
Reports related to 42dot Technologies
Here is the latest report on 42dot Technologies's sector:
News related to 42dot Technologies
Media has covered 42dot Technologies for a total of 3 events in the last 1 year, 3 of them have been about company updates.
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Hyundai's new autonomy chief vows to take on TeslaKorea Herald•Jan 22, 2026•42dot Technologies, Hyundai Motor Company, Tesla
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Hyundai’s self-driving unit lacks head as rivals advanceTech in Asia•Dec 19, 2025•Hyundai Motor Company, 42dot Technologies
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FortyTwoDot's New Round: Differentiating 'PleOS Connect' from Tesla is a TaskBloter•Aug 13, 2025•42dot Technologies
•
Hyundai's 42dot to raise ₩500B for in-vehicle software and autonomous mobilityTelematics Wire•Aug 11, 2025•Hyundai Motor Company, 42dot Technologies, Kia
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Geotab, Kia, and 42dot Join Forces to Drive the Future of Fleet ManagementGeotab•Sep 12, 2024•Geotab, Kia, 42dot Technologies, Hyundai Motor Group
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Hyundai and Kia invest $185 million in 42dot to boost software-defined vehicle strategyIHS Markit•Jun 19, 2024•Hyundai Motor Company, Kia, 42dot Technologies, Hyundai Motor Group
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Hyundai Motor’s units join hands for logistics solutionsKedglobal•Jan 24, 2024•42dot Technologies, Hyundai Glovis, Hyundai Motor Group
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Hyundai’s 42dot, Samsung to develop AI-powered SDV platformKedglobal•Jan 10, 2024•42dot Technologies, Samsung
•
42dot, Samsung to launch Exynos-based auto platformKorea Herald•Jan 10, 2024•42dot Technologies, Samsung
•
42dot to lead Hyundai Group's in-vehicle software R&DKedglobal•Dec 29, 2023•Hyundai Motor Group, 42dot Technologies
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