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Series X Capital is a venture capital fund established in 2024 to support the spin-off and growth of companies emerging from Alphabet’s X Lab. The fund focuses on providing initial funding for new independent enterprises created from ambitious projects at the lab, such as Waymo and Verily. It has already invested in supply chain and telecommunications startups spun out of the lab and is evaluating further opportunities across various sectors. Alphabet remains a limited partner with minority stakes in these spin-offs. There are no clinical results or drug development programs associated with Series X Capital.
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