The Venture Codex Logo

The Venture Codex

Xquared

22, Teheran-ro 7-gil, Gangnam-gu 2nd floor, Seoul Startup Hub Scale-up Center, Seoul, Seoul-t'ukpyolsi, South Korea

Overview

Venture capital firm investing in early-stage small and medium companies.

Deals · 12mo

1

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

South Korea

Sector focus

—

Investment portfolio

2rounds
NAMEDATESIZE
CarbonSix
Jul 2026Participated
$40 MSeries A
CarbonSix
May 2025Participated
$4 MSeed
CarbonSix
Jul 2026Participated
$40 MSeries A
CarbonSix
May 2025Participated
$4 MSeed
2
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Xquared: 2 funding rounds are recorded in the selected participation categories.All available history.
Xquared: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A01

Monthly Deal Activity

Xquared: 2 deals are recorded across 18 months.All available history.
Xquared: 2 deals are recorded across 18 months. All available history
MonthDeals
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Xquared: Hardware & Robotics is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Xquared: Hardware & Robotics is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Hardware & Robotics2
Manufacturing2
AI & Machine Learning2

Deal Size Distribution

Xquared: 2 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Xquared: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M0
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Xquared: South Korea has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Xquared: South Korea has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
South Korea2
Xquared: 11 co-investors are shown, with Foothill Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Xquared: 11 co-investors are shown, with Foothill Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Foothill Ventures2
Storm Ventures2
Zeitgeist Capital2
ASQ1
CarbonBlack Fund1
Cortentia1
DSC Investment1
IMM Investment1
Korea Development Bank1
LB Investment1
SV Investment1

Investment Strategy

Xquared: Led accounts for 0% and participating for 100% of round participation.All available history.
Xquared: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating2100%
Xquared: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Xquared: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Kanghee Cho

CEO