DCVC

DCVC, also known as Data Collective, is a prominent San Francisco-based venture capital firm renowned for its singular focus on "deep tech." The firm backs visionary entrepreneurs who leverage cutting-edge scientific and engineering breakthroughs—including artificial intelligence, advanced materials, robotics, and biotechnology—to address some of the world's most complex challenges. DCVC's investment thesis centers on the belief that these foundational technologies can not only generate substantial economic value but also significantly reduce the costs and multiply the benefits of capitalism for a broader societal impact. Their strategic approach involves identifying companies with proprietary technology that can disrupt established industries or create entirely new markets.

The firm typically invests across various stages, from seed to growth, often leading rounds for companies poised for significant scale. While specific check sizes can vary based on the stage and capital requirements of the deep tech venture, DCVC's initial investments generally range from a few million dollars for early-stage opportunities to upwards of $15 million for Series A or B rounds where they take a leading role. They are known for providing not just capital but also strategic guidance, leveraging their extensive network of technical experts and industry veterans to support portfolio companies through critical development phases.

DCVC has built a robust portfolio of companies that are pushing the boundaries of innovation in sectors such as climate technology, space exploration, healthcare, and enterprise software. The firm has demonstrated its significant financial firepower, having closed substantial funds like DCVC Fund V at $450 million and DCVC Opportunity Fund III at $400 million, both in 2021, contributing to an overall asset under management well over $2 billion. This capital allows them to make impactful initial investments and provide follow-on funding as their portfolio companies grow, solidifying their position as a key player in the deep tech investment landscape.