# Xtal: portfolio, investments and team

> Xtal is a vc firm based in United States. 3 investments on record, 1 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/xtal (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Xtal

Last cheque observed Oct 2026; 3 cheques on record.

Email

VC firm Deploying now New fund $25M, Feb 2026

Pre-seed Seed Series A Venture Capital & Private Equity

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Deploying now

**50%** of best year **1** **cheques in 12 months**, 3 on record

Since the last cheque **13** days **00** hrs **00** min **00** sec

Median round **$6.1M** Rounds led **1 of 3**

Pitch Xtal

## Xtal highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Pre-seed and Seed: 67% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 1 round
- **Oct** **[Coherence Neuro](https://millionrounds.com/company/coherence-neuro)** Series A · US · Google News search **$45M** With 18 others
- **2025** 2 rounds
- **Sept** **[Alloy](https://millionrounds.com/company/alloy)** Pre-seed · AU · Startup Daily **$4.5M** With 9 others
- **Sept** **[Icarus Robotics](https://millionrounds.com/company/icarus-robotics)** Seed · TechCrunch **$6.1M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

YL **Yuwei Leng** Managing Member of the General Partner and the Investment Manager i Filing they signed

We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**$25M**

raised in Feb 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$6.1M** the round, not its cheque

Led 1 of 3 rounds **33%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Pre-seed *1*
- Seed *1*
- Series A *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Xtal put money into.

[**Coherence Neuro** $45M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Icarus Robotics** $6.1M · Sept 2025](https://millionrounds.com/company/icarus-robotics)

## Quick answers about Xtal

### What does Xtal invest in?

Xtal invests most often at Pre-seed and Seed (67% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Xtal?

3 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Xtal invested in recently?

Its most recent investments on record: Coherence Neuro (Series A, Oct 2026), Alloy (Pre-seed, Sept 2025) and Icarus Robotics (Seed, Sept 2025).

### How big are Xtal's cheques?

The median round it joins is $6.1M.

### Is Xtal investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Xtal?

Xtal is a VC firm based in San Francisco, United States.

### Has Xtal raised a new fund?

Its latest fund filing with the SEC was in Feb 2026, reporting $25M raised.

### Where does this information on Xtal come from?

From 5 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=xtal) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=xtal)