Hyundai CRADLE invests in Netradyne for development of Level 3+ ADAS and autonomous driving
Two companies will collaborate to develop HD map for ADAS and autonomous driving vehicles
Hyundai CRADLE, the corporate venture capital (CVC) arm of Hyundai Motor Group (HMG), has invested in Netradyne, a US-based company specializing in fleet safety management software, the company said in a press release on 4 October. The strategic investment supports further development of Level 3+ advanced driver assistance systems (ADAS) and autonomous driving features that may be launched in production vehicles over the next few years.
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