# DCVC: portfolio, investments and team

> DCVC is a vc firm based in United States. 429 investments on record, 46 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# DCVC

Last cheque observed Oct 2026; 429 cheques on record.

Email

Deploying now New fund $654M, Oct 2026 VC firm Website unconfirmed

Growth Pre-seed Seed AI Compute & Quantum Computational Bio & Chem

Follow DCVC and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fdata-collective)

Deploying now

**96%** of best year **46** **cheques in 12 months**, 429 on record

Since the last cheque **1** days **00** hrs **00** min **00** sec

Median round **$29M** Cheque size, as they say **$1.0M – $15M** Rounds led **11 of 429** Sole investor **17 rounds** Exits **21 from the portfolio** Mostly in **United States, 85%**

Pitch DCVC

## DCVC highlights

- 01 46 cheques in the last 12 months
- 02 Mostly Seed and Series A: 60% of its rounds
- 03 Sole investor in 17 rounds, median $10M
- 04 21 exits from the portfolio

## What they do

- **Type:** VC firm
- **Cheque size:** $1.0M – $15M as they say
- **Stages:** Growth Pre-seed Seed Series A Series B
- **Sectors:** AI Compute & Quantum Computational Bio & Chem
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=data-collective).

## The record

Every round we can evidence, newest first **429 appearances**

- **2026** 37 rounds
- **Oct** **[Agility Robotics](https://millionrounds.com/company/agility-robotics)** US · Securities.io **$465M** With 7 others
- **Oct** **[TypeSafe AI](https://millionrounds.com/company/typesafe-ai)** Series A · US · Silicon Angle **$870M** With 2 others
- **Sept** **[Rainmaker](https://millionrounds.com/company/rainmaker)** Series B · US · TechStartups **$100M** With 6 others
- **Sept** **[Mach Industries](https://millionrounds.com/company/mach-industries)** Series C · US · Startups Magazine **$600M** With 7 others
- **Sept** **[Fervo Energy](https://millionrounds.com/company/fervo-energy)** Grant · US **$20M** With 4 others
- **Sept** **[TypeSafe AI](https://millionrounds.com/company/typesafe-ai)** Seed · US **$40M** Sole investor
- **Sept** **[Universal Quantum](https://millionrounds.com/company/universal-quantum)** Series A · GB · Tech.eu **$100M** *Led*
- **Sept** **[Soteris](https://millionrounds.com/company/soteris)** Seed · US **$8.0M** With 3 others
- **Sept** **[Twelve](https://millionrounds.com/company/twelve)** Debt · US **$45M** With 4 others
- **Sept** **[Reality Defender](https://millionrounds.com/company/reality-defender)** Venture · US **$86K** With 3 others
- **Sept** **[Shennon Biotechnologies](https://millionrounds.com/company/shennon-biotechnologies)** Venture · US **$12M** With 2 others
- **Aug** **[REGENT Craft](https://millionrounds.com/company/regent-craft)** Series B · US · Ventureburn **$240M** With 7 others
- **Aug** **[Emerald AI](https://millionrounds.com/company/emerald-ai)** Series A · US · QRM Capital **$150M** *Led*
- **Aug** **[Callosum](https://millionrounds.com/company/callosum)** Seed · GB · AlbionVC **$100M** With 4 others
- **Aug** **[unspun](https://millionrounds.com/company/unspun)** Venture · US **$10M** With 3 others
- **Jul** **[Syntax Bio](https://millionrounds.com/company/syntax-bio)** Series A · US · Firms' own news pages **$14M** With 3 others
- **Jul** **[Alchemab Therapeutics](https://millionrounds.com/company/alchemab-therapeutics)** Series A · GB **$34M** With 4 others
- **Jul** **[Sabanto](https://millionrounds.com/company/sabanto)** Series B · US **$17M** Sole investor
- **Jun** **[Subtle Medical](https://millionrounds.com/company/subtle-medical)** Growth · US · Ventureburn **$33M** With 8 others
- **Jun** **[REACH](https://millionrounds.com/company/reach)** Venture · US **Undisclosed** With 4 others
- **May** **[Quantum Motion](https://millionrounds.com/company/quantum-motion)** Series C · GB · TechStartups **$160M** *Led*
- **May** **[Latus Bio](https://millionrounds.com/company/latus-bio)** Series A · US · Ventureburn **$97M** *Led*
- **May** **[Kanvas Biosciences](https://millionrounds.com/company/kanvas-biosciences)** Series A · US · Firms' own news pages **$48M** With 6 others
- **May** **[BurnBot](https://millionrounds.com/company/burnbot)** Venture · US **Undisclosed** With 2 others
- **May** **[Latus Bio](https://millionrounds.com/company/latus-bio)** Series A · US **$43M** With 2 others
- **Apr** **[Sidewinder Therapeutics](https://millionrounds.com/company/sidewinder-therapeutics)** Series B · US · Ventureburn **$137M** With 8 others
- **Apr** **[Fortem Technologies](https://millionrounds.com/company/fortem-technologies)** Series B · US **$25M** With 1 other
- **Mar** **[Halter](https://millionrounds.com/company/halter)** Series E · NZ · Promus Ventures **$314M** With 9 others
- **Mar** **[Verdigris Technologies](https://millionrounds.com/company/verdigris-technologies)** Venture · US **Undisclosed** Sole investor
- **Mar** **[AgZen](https://millionrounds.com/company/agzen)** Series B · US **$10M** With 2 others
- **Feb** **[Chariot Defense](https://millionrounds.com/company/chariot-defense)** Series A · US **$34M** With 6 others
- **Feb** **[Lunar Energy](https://millionrounds.com/company/lunar-energy)** Series D · US **$102M** With 2 others
- **Feb** **[BEIT Inc.](https://millionrounds.com/company/beit-inc)** Venture · PL **$3.5M** With 4 others
- **Jan** **[Proxima Bio](https://millionrounds.com/company/proxima-bio)** Seed · US · AlleyWatch **$86M** With 1 other
- **Jan** **[Humans&](https://millionrounds.com/company/humans-and)** Seed · US · Crunchbase News **$480M** With 13 others
- **Jan** **[Proxima](https://millionrounds.com/company/proxima)** Seed · US · AlleyWatch **$80M** *Led*
- **Jan** **[Orca Bio](https://millionrounds.com/company/orca-bio)** Series F · US **$250M** With 4 others
- **2025** 46 rounds
- **Dec** **[Fervo Energy](https://millionrounds.com/company/fervo-energy)** Series E · US · TechCrunch **$462M** With 24 others
- **Dec** **[Unconventional AI](https://millionrounds.com/company/unconventional-ai)** Seed · US · TechCrunch **$475M** With 5 others
- **Dec** **[Curative](https://millionrounds.com/company/curative)** Series B · US · Ventureburn **$150M** With 7 others

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 **6 named**

JH **John Hamer** Managing Member of the Managing Member of the General Partner i Filing they signed

KS **Kiersten Stead** Managing Member of the Managing Member of the General Partner i Filing they signed

MO **Matthew Ocko** Managing Member of the Managing Member of the General Partner i Filing they signed

RT **Ryan T Ward** Chief Legal Officer i Form ADV

SC **Spencer Cochrane Punter** Chief Operating Officer i Form ADV

ZB **Zachary Bogue** Managing Member of the Managing Member of the General Partner i Filing they signed

We also hold **66** people 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$4.9B** gross assets of its funds, 2 advisers combined Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** DCVC Management Co, LLC
- **SEC number:** CRD 167441

## Exits from the portfolio

Companies it backed that were later bought or listed **21 in all**

**[BlueTalon](https://millionrounds.com/company/bluetalon)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jul 2019

**[Citus Data](https://millionrounds.com/company/citus-data)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jan 2019

**[Cask](https://millionrounds.com/company/cask)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** May 2018

**[Kaggle](https://millionrounds.com/company/kaggle)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Mar 2017

**[Fliptop](https://millionrounds.com/company/fliptop)** Bought by [LinkedIn](https://millionrounds.com/fund/linkedin) **Undisclosed** Aug 2015

**[Standard Treasury](https://millionrounds.com/company/standard-treasury)** Bought by Silicon Valley Bank **Undisclosed** Aug 2015

**[Compose](https://millionrounds.com/company/compose)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Jul 2015

**[Piston Cloud Computing, Inc.](https://millionrounds.com/company/piston-cloud-computing-inc)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Jun 2015

**[Timeful](https://millionrounds.com/company/timeful)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** May 2015

**[Clusterk](https://millionrounds.com/company/clusterk)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$35M** Apr 2015

**[Amiato](https://millionrounds.com/company/amiato)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Apr 2015

**[Authy](https://millionrounds.com/company/authy)** Bought by [Twilio](https://millionrounds.com/fund/twilio-fund) **Undisclosed** Feb 2015

**[Firebase](https://millionrounds.com/company/firebase)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Oct 2014

**[Space Monkey](https://millionrounds.com/company/space-monkey)** Bought by [Vivint](https://millionrounds.com/fund/vivint) **Undisclosed** Aug 2014

**[CardSpring](https://millionrounds.com/company/cardspring)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **Undisclosed** Jul 2014

**[Freshplum](https://millionrounds.com/company/freshplum)** Bought by [TellApart](https://millionrounds.com/fund/tellapart) **Undisclosed** Jul 2014

**[Appurify](https://millionrounds.com/company/appurify)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jun 2014

**[Impermium](https://millionrounds.com/company/impermium)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jan 2014

**[Morta Security](https://millionrounds.com/company/morta-security)** Bought by Palo Alto Networks **Undisclosed** Jan 2014

**[Locu](https://millionrounds.com/company/locu)** Bought by [GoDaddy](https://millionrounds.com/fund/godaddy) **$70M** Aug 2013

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$654M**

raised in Oct 2026

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

## The cheque

Growth Pre-seed Seed

Median round joined **$29M** the round, not its cheque Alone, median **$10M**

Led 11 of 429 rounds **3%**

- **Said size:** $1.0M – $15M
- **Sole investor:** 17 rounds
- **Last cheque:** Oct 2026
- **Exits:** 21 from the portfolio

Rounds by stage said on their site

- Seed said *111*
- Series A said *111*
- Venture *58*
- Series B said *56*
- Series C *33*
- Growth said *-*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 65
- [SV Angel](https://millionrounds.com/fund/sv-angel) 45
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 36
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 36
- [Google Ventures](https://millionrounds.com/fund/gv) 27
- [Lux Capital](https://millionrounds.com/fund/lux-capital) 25

**Pitching DCVC?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as DCVC. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **65** rounds together](https://millionrounds.com/fund/y-combinator)[**SV Angel** VC firm **45** rounds together](https://millionrounds.com/fund/sv-angel)[**Andreessen Horowitz** VC firm **36** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Khosla Ventures** VC firm **36** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Google Ventures** Corporate VC **27** rounds together](https://millionrounds.com/fund/gv)[**Lux Capital** VC firm **25** rounds together](https://millionrounds.com/fund/lux-capital)[**AME Cloud Ventures** VC firm **21** rounds together](https://millionrounds.com/fund/ame-cloud-ventures)[**Promus Ventures** VC firm **19** rounds together](https://millionrounds.com/fund/promus-ventures)[**Founders Fund** VC firm **17** rounds together](https://millionrounds.com/fund/founders-fund)[**CrunchFund** VC firm **15** rounds together](https://millionrounds.com/fund/crunchfund-3)[**General Catalyst** VC firm **15** rounds together](https://millionrounds.com/fund/general-catalyst)[**True Ventures** VC firm **14** rounds together](https://millionrounds.com/fund/true-ventures-2)

## Recently backed

The latest companies DCVC put money into.

[**Agility Robotics** $465M · Oct 2026](https://millionrounds.com/company/agility-robotics)[**TypeSafe AI** $870M · Oct 2026](https://millionrounds.com/company/typesafe-ai)[**Rainmaker** $100M · Sept 2026](https://millionrounds.com/company/rainmaker)[**Mach Industries** $600M · Sept 2026](https://millionrounds.com/company/mach-industries)[**Fervo Energy** $20M · Sept 2026](https://millionrounds.com/company/fervo-energy)[**Universal Quantum** $100M · Sept 2026](https://millionrounds.com/company/universal-quantum)

## Books by the people here

One book written by people at DCVC: [Alan Cohen](https://millionrounds.com/person/alan-cohen).

- Prototype to Product: A Practical Guide for Getting to Market Alan Cohen · 2014 4.17 from 77 ratings on Goodreads About the book Product development is the magic that turns circuitry, software, and materials into a product, but moving efficiently from concept to manufactured product is a complex process with many potential pitfalls. This practical guide pulls back the curtain to reveal what happens--or… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## On podcasts

2 episodes naming DCVC in the title, and 4 more that mention it.

- [Inevitable](https://millionrounds.com/podcasts/inevitable) 17 Apr 2025 · 41 min How a $4 B Deep‑Tech Fund Tackles Emissions with DCVC Mentions [DCVC](https://millionrounds.com/fund/data-collective) Apple PodcastsShow page
- [Inevitable](https://millionrounds.com/podcasts/inevitable) 20 Jun 2022 · 1h 1m Episode 214: Rachel Slaybaugh, Principal at DCVC With [Rachel Slaybaugh](https://millionrounds.com/person/rachel-slaybaugh) Mentions [DCVC](https://millionrounds.com/fund/data-collective) Apple PodcastsShow page

### Mentioned in

- [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 20 Aug 2026 · 36 min Danyal Akarca, Co-founder at Callosum: BREAKING: Callosum raised $100m Seed Apple PodcastsShow page
- [Equity](https://millionrounds.com/podcasts/equity) 22 Apr 2026 · 34 min Fusion doesn't have a normal startup timeline, and investors are fine with that Apple Podcasts
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 7 Feb 2026 · 1h 9m $4.5B Brain-Inspired AI Chip Company Apple PodcastsShow page
- [Inevitable](https://millionrounds.com/podcasts/inevitable) 16 Sept 2025 · 54 min Why Circularity Fuels Started with Diamonds to Scale Sustainable Jet Fuel Apple PodcastsShow page

## Quick answers about DCVC

### What does DCVC invest in?

DCVC invests most often at Seed and Series A (60% of the rounds on record), in sectors such as AI, Compute & Quantum and Computational Bio & Chem.

### How active is DCVC?

429 investments on record, 46 of them in the last 12 months, and it led 11. The most recent was in Oct 2026.

### What has DCVC invested in recently?

Its most recent investments on record: Agility Robotics (Undisclosed round, Oct 2026), TypeSafe AI (Series A, Oct 2026) and Rainmaker (Series B, Sept 2026).

### How big are DCVC's cheques?

The median round it joins is $29M. It says it writes cheques of $1.0M to $15M.

### Does DCVC lead rounds?

Sometimes: it led 11 of its 429 investments on record (3%).

### Where does DCVC invest?

Most of the companies it backs are in the United States (85%) and the United Kingdom (10%).

### Is DCVC investing now?

Yes: it is actively investing, with 46 investments in the last 12 months.

### Who does DCVC invest alongside?

Most often Y Combinator (65 rounds together), SV Angel (45 rounds together) and Andreessen Horowitz (36 rounds together).

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