Series X Capital (SXC) is a venture fund founded in 2024 in partnership with Alphabet / Google that has exclusive rights to create independent companies from Google X’s rich and deep pipeline of technology innovations. Google X, the Moonshot Factory, is the world’s premiere deep tech innovation engine within Alphabet focused on solving the world’s hardest problems by creating radical new technologies, with the goal of delivering 10x impact to millions, if not billions, of lives. Moonshots born from Google X include several category-creating and industry-defining technologies and businesses, including Waymo, Verily, Wing, and Google Brain.
SXC is designed to be the last mile of incubation for X Projects, helping to transform the best Project technologies into commercial products and independent enterprises. SXC has invested in and spun out two game-changing Google X technologies already, creating the independent companies Taara, a next-generation, high-speed wireless communication technology using beams of light, and Chorus, an AI-powered supply chain and asset management orchestration platform leveraging revolutionary sensor technology.
SXC was founded by Gideon Yu, who brings 30+ years of finance, operating, and investing expertise to SXC. As CFO at YouTube, he oversaw its $1.65B acquisition by Google, and as pre-IPO CFO of Facebook, he led Microsoft's $375M investment at a landmark valuation. At Khosla Ventures and Sequoia Capital, Gideon developed a reputation for pairing financial acumen with operational excellence – most notably with Jack Dorsey’s Square. Backed by a strategic partnership with Alphabet and a seasoned team averaging 25+ years of experience in guiding companies to liquidity, SXC combines Gideon's investment and operational acumen with comprehensive expertise in GTM strategy, scaling, business development, leadership mentoring, and fundraising.