Korea’s mobility software development received a significant boost as Hyundai Motor Group’s software arm, 42dot, announced a major funding plan. The company will raise 500 billion won through a rights offering to accelerate its technological capabilities. Hyundai Motor Company and Kia will participate as strategic investors, reinforcing their commitment to innovation in future mobility.
The investment aligns with Hyundai Motor Group’s three-year capital expansion plan approved last year. With the new capital, 42dot will focus on advancing software-defined vehicle (SDV) technologies, expanding agentic AI capabilities, and upgrading graphics processing infrastructure. The company will also use funds to recruit top global talent, ensuring leadership in next-generation mobility software.
In addition, 42dot plans to strengthen its SDV roadmap by completing the development of a new SDV next year. This vehicle will utilize its autonomous driving platform, Pace Car, and is scheduled for integration into mass production models in 2027. The fabless original equipment manufacturer model will provide an end-to-end process for designing, testing, and implementing SDV concepts.
Korea mobility software innovation will benefit from 42dot’s global research network. The company operates R&D centers in the United States, Poland, Australia, and China, alongside its headquarters in Korea. This global footprint supports collaboration across markets while accelerating the pace of technological development.
Furthermore, 42dot’s mid- to long-term strategy focuses on securing technological sovereignty in mobility software. The company aims to avoid reliance on external providers for critical components, ensuring that proprietary technology drives its competitive edge. Recruiting and retaining key global talent remains a top priority.
The new funding will also allow investment in infrastructure to support large-scale AI and SDV projects. With the mobility industry shifting toward autonomous and connected vehicles, the demand for advanced software solutions continues to grow rapidly. 42dot intends to position itself as a leader in this evolving sector.
Korea mobility software advancements like these signal a broader industry shift. Automotive companies worldwide are investing heavily in software as vehicles increasingly rely on advanced digital platforms. Hyundai Motor Group’s commitment through 42dot demonstrates a long-term vision for the mobility market.
A 42dot official stated that the company will remain an essential partner in future mobility innovation. The focus will be on sustainable growth while delivering cutting-edge solutions that redefine the driving experience.
