FoundationX
Overview
FoundationX is a blockchain-focused venture capital firm based in Seoul, South Korea. Established in 2018 as a subsidiary of FuturePlay, it specializes in accelerating and investing in blockchain-based startups. The firm offers a range of services, including startup incubation, investment, and support for initial coin offerings (ICOs), aiming to build practical blockchain applications and business models that succeed in the market. The firm's investment strategy focuses on early-stage companies, particularly in the seed and Series B stages, with typical investment sizes ranging from $1 million to $5 million. FoundationX has a broad geographical focus, investing in regions such as South Korea, the United States, Singapore, Japan, China, India, Germany, the United Kingdom, France, Canada, Australia, Brazil, Mexico, South Africa, Russia, Turkey, Indonesia, Vietnam, Thailand, and Malaysia. FoundationX has a diverse portfolio, investing in various industries, including blockchain, fintech, supply chain, cybersecurity, digital identity, artificial intelligence, internet of things, healthcare, e-commerce, gaming, media, education, energy, logistics, and agriculture. Notable investments include TEMCO, a Bitcoin-based supply chain platform, and Cloudbric, a blockchain-based cybersecurity company. The firm continues to support and invest in innovative blockchain projects across multiple sectors and regions.
Investment Focus
- Blockchain-based startups
- Early-stage companies
- Seed and Series B stages
- Investment sizes between $1 million and $5 million
Portfolio Companies
Reach FoundationX directly
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Unlock full contacts →Frequently asked questions about FoundationX
What sectors does FoundationX invest in?
FoundationX invests in Healthcare, Energy, Media, Education, Agriculture and FinTech, and is based in Seoul, South Korea. FoundationX is listed as a venture capital in the ConnectSafely investor database.
What stage does FoundationX invest at?
FoundationX backs companies at Seed and Series B, writing cheques of 1M - 5M.
Which regions does FoundationX invest in?
FoundationX invests across United States, United Kingdom, Canada, Germany, Japan and Australia.
What companies has FoundationX invested in?
FoundationX's portfolio includes TEMCO and Cloudbric.
Last updated · Source: ConnectSafely investor database
