Xploration Capital

Igor Kim, the firm's founder and Managing Partner, leads all investment decisions. Kim sources deals personally across the firm's three hubs in London, São Paulo, and Tokyo. The lean team structure means investment committee decisions are concentrated with the managing partner.

No. Xploration operates on a deal-by-deal syndication model rather than raising traditional blind-pool funds. Capital is aggregated from a network of family offices, technology entrepreneurs, and institutional co-investors for each investment opportunity.

The firm has not publicly blacklisted any sector, but its portfolio is concentrated in enterprise software, AI/ML, mobility, fintech, and digital health. Hard-tech, deep-science, and capital-intensive cleantech requiring extensive physical infrastructure are conspicuously absent from its known investment history.

Series A and Series B are the firm's core stages. Xploration writes approximately $15 million checks, targeting companies that have achieved product-market fit in their home market and are preparing for international expansion.

The firm's tri-hub structure in London, São Paulo, and Tokyo provides on-the-ground origination in markets that are often overlooked by Silicon Valley-headquartered VCs. Kim's personal network across Latin America and East Asia, built over a decade of cross-border investing, drives proprietary and semi-proprietary sourcing.