What does Dcode Capital invest in?
Dcode Capital invests most often at Series B (100% of the rounds on record), in sectors such as Government Technology, Defense and National Security.

United States · Investor
Last cheque observed Sep 2026; 1 cheques on record.
VC firmDeploying nowLast fund $19M, Mar 2024
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1 cheques in the last 12 months
Mostly Series B: 100% of its rounds
We invest alongside leading venture firms in commercially-successful, high-growth technology companies that can dramatically improve our government.From their own website
Every round we can evidence, newest first1 appearances
1 round
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.
Named by the firm itself, on a filing, its Form ADV or its company registration3 named
From their own portfolio page (on their website)
AccordanceAcquiredAcquiredAcquiredHyperscienceMastreforestOnenavSlingshotaerospaceStardogTamrZerotierAcquiredAcquiredGreenroomroboticsHeospaceNucleussec
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Dcode Capital invests most often at Series B (100% of the rounds on record), in sectors such as Government Technology, Defense and National Security.
1 investments on record, 1 of them in the last 12 months. The most recent was in Sept 2026.
Its most recent investments on record: HEO Robotics (Series B, Sept 2026).
The median round it joins is $25M.
Yes: it is actively investing, with 1 investments in the last 12 months.
Dcode Capital is a VC firm based in Washington, United States.
Its latest fund filing with the SEC was in Mar 2024, reporting $19M raised.
Dcode Capital was founded in 2019.
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