# dcbel funding: rounds and investors

> dcbel has raised $55M across 2 rounds since 2025. Investors include Coatue, Real Ventures and Investissement Quebec. Every round with its source.

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

Canada · [Venture startup](https://millionrounds.com/companies)

# Who invested in *dcbel*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$55M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Venture Sept 2025
- **Biggest round:** $55M Venture · Mar 2025
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$55M** Venture

**?** Venture

- **First round:** Venture, $55M
- **Biggest round:** $55M
- **Between rounds:** 6 months

## The rounds

- **Sept 2025** Venture **Amount undisclosed** *1 new* *3 returning* [Coatue](https://millionrounds.com/fund/coatue-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Source recorded
- **Mar 2025** Venture **$55M** *3 new* [Coatue](https://millionrounds.com/fund/coatue-management) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2025 **Venture** 2025 [Coatue](https://millionrounds.com/fund/coatue-management) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) [Fidelity](https://millionrounds.com/fund/fidelity)

## Everyone who backed them

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **2** rounds

[Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **2** rounds

[Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Investment firm **2** rounds

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dcbel).

## Also claim to have backed them

These 2 firms list dcbel as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Real Ventures](https://millionrounds.com/fund/real-ventures) VC firm Per its own site

[Rep Matters Angel Network](https://millionrounds.com/fund/rep-matters-angel-network) VC firm Per its own site

## Quick answers about dcbel

### Who invested in dcbel?

dcbel's investors include Coatue, Real Ventures, Investissement Quebec and Fidelity.

### How much has dcbel raised?

dcbel has raised $55M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did dcbel last raise?

dcbel's most recent round was a Venture in Sept 2025.

### What was dcbel's biggest round?

dcbel's largest round on record is $55M (Venture), in Mar 2025.

### Who backed dcbel first?

dcbel's first round on record, in Mar 2025, was backed by Coatue, Real Ventures and Investissement Quebec.

### What stage is dcbel at?

dcbel's latest named round is a Venture, in Sept 2025.

### Where is dcbel based?

dcbel is based in Canada.

## Companies like dcbel

In the same sector, and raised in the last eighteen months.

[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero)

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