DCVC

Venture capital firm
Palo Alto, California, USAFounded 2010www.dcvc.comSee connections →

Deep tech venture firm backing companies in AI, quantum, biotech, cybersecurity, energy, and advanced manufacturing addressing global challenges.

At a glance

DCVC appears in 6 funding rounds tracked by ValueAddVC since 2022, leading 5. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was TypeSafe AI's $870M Series A round (Oct 9, 2026). It co-invests most often with Lowercarbon Capital. ValueAddVC also tracks 4 funds managed by DCVC.

Strategy

Stages
SeedSeries AGrowth
Sectors
AIQuantumBiotechCybersecurityEnergyAdvanced Manufacturing
Geographies
USAPalo Alto, California, USA
Check size
$1M-$25M

Recent changes

  1. Oct 9, 2026Follow-on: Invested in TypeSafe AI (Series A, $870M) TypeSafe AI
  2. Oct 8, 2026Invested in Universal Quantum (Series A, $100M+) Tech Funding News
  3. Sep 21, 2026Invested in Rainmaker (Series B, $100M) PR Newswire
  4. Sep 15, 2026Invested in TypeSafe AI (Seed, $40M) Yahoo Finance
  5. Sep 5, 2026Sectors updated: AI, Quantum, Biotech, Cybersecurity, Energy, Advanced Manufacturing dcvc.com
Earlier changes (7)
  1. Sep 5, 2026Stages updated: Seed, Series A, Growth dcvc.com
  2. Aug 25, 2026Invested in Emerald AI (Series A, $150M) Emerald AI
  3. May 1, 2025New fund: DCVC Fund VII (target $800M) SEC EDGAR Form D
  4. Apr 22, 2022Invested in Agility Robotics (Series B, $150M) TechCrunch
  5. Apr 8, 2022New fund: DCVC Fund VI (target $700M) SEC EDGAR Form D
  6. Apr 8, 2019New fund: DCVC V (target $750M) SEC EDGAR Form D
  7. Mar 16, 2017New fund: DCVC Opportunity Fund II ($144M) SEC EDGAR Form D

Funds

4
FundVintageSizeStrategySource
DCVC Fund VII2025target $800MFlagship
As of Oct 8, 2026SEC EDGAR Form D
DCVC Fund VI2022target $700MFlagship
As of Apr 7, 2023SEC EDGAR Form D
DCVC V2019target $750MFlagship
As of Sep 17, 2019SEC EDGAR Form D
DCVC Opportunity Fund II2016$144MOpportunity
As of Mar 16, 2017SEC EDGAR Form D

Portfolio

6 total

Recent Investment Activity

6

Track record: led 5 and participated in 1 of 6 tracked venture rounds · 5 in the last 12 months · led 2 Series A, 2 Series B, 1 Seed

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 9, 2026TypeSafe AISeries AParticipated$870M$7.5B
Andreessen HorowitzLeadTechCrunch · unverifiedSequoia CapitalTechCrunch · unverifiedDCVCTechCrunch · unverified
Pulse story
Oct 8, 2026Universal QuantumSeries ALed$100M+—
DCVCLeadunverifiedInvusPulse 2.0 · unverifiedFirgun VenturesEDBIArtalIntegral GlobalTech+6 more
Tech Funding News
Sep 21, 2026RainmakerSeries BLed$100M—
Upfront VenturesLeadDCVCLeadLowercarbon CapitalLeadNOA VCDream Ventures
PR Newswire
Sep 15, 2026TypeSafe AISeedLed$40M$200M
DCVCLeadunverified
Yahoo Finance
Aug 25, 2026Emerald AISeries ALed$150M$1.05 billionPulse story
Apr 22, 2022Agility RoboticsSeries BLed$150M—
DCVCLeadunverifiedPlayground GlobalLeadunverified
TechCrunch

Sector / Stage Activity

By sector (portfolio)
Robotics
1 · 17%
Quantum computing
1 · 17%
AI infra
1 · 17%
Climate tech
1 · 17%
AI
1 · 17%
Quantum Computing
1 · 17%
By stage (tracked rounds)
Series A
3 · 50%
Series B
2 · 33%
Seed
1 · 17%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Latest Pulse

  1. Emerald AI Hits $1.05B Making Data Centers Grid-FlexibleEmerald AI raised an oversubscribed $150 million Series A at a $1.05 billion valuation co-led by Energize Capital and DCVC for software that throttles data center power in response to grid conditions.→

DCVC FAQ

What is DCVC's latest fund?

DCVC Opportunity Fund II, closed at $144M (As of Mar 16, 2017; SEC EDGAR Form D).

What companies has DCVC invested in?

DCVC's portfolio includes Emerald AI, TypeSafe AI, Universal Quantum, Rainmaker, Agility Robotics, Atom Computing.

Who does DCVC co-invest with most?

In the rounds Value Add tracks, DCVC most often invests alongside Lowercarbon Capital (2 shared deals), NVentures (2 shared deals), Alumni Ventures (1 shared deal), Amazon Industrial Innovation Fund (1 shared deal), Andreessen Horowitz (1 shared deal).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction