Website: [dcvc.com](https://www.dcvc.com) ### Introduction DCVC (Data Collective Venture Capital) is a venture capital firm founded in 2011 by Matt Ocko and Zachary Bogue. Headquartered in Palo Alto, California, DCVC focuses on investing in early-stage and growth-stage companies that leverage deep technology, big data, and IT infrastructure to address global challenges in industries such as energy, climate, health, and industrial transformation. While specific employee counts are not publicly disclosed in the latest available data, the firm is known for its unique model that combines experienced venture capitalists with over 35 technology executives and experts from top technology companies and research institutions like Stanford and Berkeley ([dcvc.com](https://www.dcvc.com/about/)). DCVC is a private entity and does not have a public ticker symbol. The firm manages billions of dollars in assets and emphasizes long-term relationships with the founders it supports, often backing companies from seed through growth stages. Its mission is to invest in founders solving trillion-dollar global problems, creating wealth for stakeholders while making a significant positive impact on the world ([LinkedIn](https://www.linkedin.com/company/data-collective)). ### Key Products and Technology As a venture capital firm, DCVC does not develop its own products or technologies but invests in innovative startups across various sectors, including energy and compute infrastructure. Below are examples of key focus areas and representative portfolio companies or technologies DCVC supports, based on available information: - **Energy and Climate Solutions (e.g., Clean Energy Startups)** - **Type**: Investments in renewable energy, energy storage, and carbon capture technologies. - **Technical Specifications**: Varies by company; for instance, investments may target gigawatt-scale clean energy solutions like geothermal or advanced nuclear technologies. - **Fuel Type or Energy Source**: Renewable sources such as geothermal heat, solar, or novel nuclear designs. - **Key Differentiators**: Focus on scalable, deep-tech solutions to decarbonize industries and provide affordable, zero-carbon energy. - **Development Stage**: Portfolio companies range from early-stage R&D to commercial deployment. - **Target Customers**: Utilities, industrial sectors, and government entities seeking sustainable energy solutions ([dcvc.com](https://www.dcvc.com/companies/)). - **Compute Infrastructure (e.g., AI and Data Center Technologies)** - **Type**: Investments in hardware and software for AI, data centers, and high-performance computing. A recent example includes Mythic, which announced a $125M funding round led by DCVC for an analog compute architecture. - **Technical Specifications**: Mythic’s technology aims to be 100x more energy-efficient than traditional GPUs, scalable from small military systems to large data centers. - **Fuel Type or Energy Source**: Not applicable (focus on energy efficiency in compute). - **Key Differentiators**: Energy efficiency and scalability for AI applications, addressing power constraints in data centers. - **Development Stage**: Early to growth stage for many portfolio companies, with some nearing commercial rollout. - **Target Customers**: Data center operators, cloud service providers, military, and tech companies ([X post by Jason Pontin](https://x.com/jason_pontin/status/2001442796205420833)). DCVC’s investment strategy prioritizes deep-tech innovations that transform giant industries, often focusing on the intersection of energy and compute infrastructure to address global challenges. ### Regulatory and Licensing Status As a venture capital firm, DCVC itself is not subject to regulatory processes like NRC licensing for nuclear technologies. However, its portfolio companies in energy sectors (e.g., clean energy or nuclear startups) may face regulatory hurdles depending on their specific technologies. DCVC does not directly engage in regulatory filings for product development but may support portfolio companies navigating these processes. Information on specific regulatory milestones for portfolio companies is limited in public data and would require individual analysis of each startup. There are no SEC filings directly tied to DCVC’s operations in the context of energy or compute infrastructure beyond standard venture capital disclosures, and no specific timeline for commercial deployment applies to DCVC as an investor. ### Team and Leadership DCVC’s leadership team comprises experienced venture capitalists and technology experts. Key figures include: - **Matt Ocko, Co-Founder and Managing Partner**: A veteran investor with a focus on deep tech and transformative industries, Ocko has supported numerous successful startups over decades. - **Zachary Bogue, Co-Founder and Managing Partner**: Bogue brings expertise in technology and law, focusing on strategic investments in early-stage companies. - The broader team includes over 35 technology executives and advisors from leading institutions and companies, providing technical and strategic guidance to portfolio companies ([dcvc.com](https://www.dcvc.com/about/)). Specific X handles for leadership are not verified or widely publicized in the available data, so they are omitted here. ### Funding and Financial Position DCVC has raised significant capital to support its investment activities. In 2019, the firm announced the closing of DCVC-V, a $725 million fund to focus on deep tech addressing global challenges representing over $20 trillion in GDP opportunity ([X post by DCVC](https://x.com/DCVC/status/1174308758060552194)). While more recent funding rounds specific to DCVC’s own capital raises are not detailed in the latest 2025 data, the firm manages billions in assets and continues to deploy capital into early and growth-stage startups ([dcvc.com](https://www.dcvc.com/about/)). As a private firm, DCVC does not report market cap or stock performance. Key institutional backers and limited partners are not publicly disclosed in the available information. Revenue status is not applicable in the traditional sense, as DCVC generates returns through equity stakes and exits from portfolio companies rather than direct sales or contracts. ### Recent News and Developments | Date | Event | Details | |---------------|--------------------------------|-----------------------------------------------------------------------------------------------| | Dec 18, 2025 | Mythic Funding Round | Mythic announced a $125M round led by DCVC for energy-efficient analog compute architecture for AI ([X post by Jason Pontin](https://x.com/jason_pontin/status/2001442796205420833)). | | Oct 23, 2025 | Investor Profile Update | Tracxn updated DCVC’s profile as a venture capital firm focused on multiple sectors ([Tracxn](https://tracxn.com/d/venture-capital/dcvc/__U-sTZv3lGW3JzbFd1B0t1odqvimUpz9FTj_iPpUWJcU)). | | Sep 27, 2025 | Top VC Firms List | DCVC recognized among the top 15 venture capital firms worldwide for 2025 ([dealroom.net](https://dealroom.net/blog/top-venture-capital-firms)). | | Feb 11, 2025 | Industry Trends | Posts on X highlight growing interest in decentralized VC and AI infrastructure, aligning with DCVC’s focus areas ([X post by CoinPapers](https://x.com/Coinpapersnews/status/1889351425320251803)). | | Jan, 2025 | General Sector Focus | Continued emphasis on deep tech, energy, and compute infrastructure as key investment areas based on web updates ([dcvc.com](https://www.dcvc.com)). | Note: Specific news events for 2025 are limited in the available data, and some entries reflect broader trends or updates rather than specific dated announcements. ### Partnerships and Collaborations DCVC does not form direct operational partnerships in the way product-based companies do but collaborates with portfolio companies and co-investors. Specific partnerships include: - **Mythic (Portfolio Company)**: DCVC led a $125M funding round to develop energy-efficient compute architecture for AI, showcasing strategic support for cutting-edge compute infrastructure ([X post by Jason Pontin](https://x.com/jason_pontin/status/2001442796205420833)). - **Various Deep Tech Startups**: DCVC partners with founders and co-investors across energy and climate sectors, providing not just capital but also access to its network of technical experts for strategic guidance ([dcvc.com](https://www.dcvc.com/companies/)). Information on utility agreements or government programs specific to DCVC is not publicly detailed, as its role is primarily financial and advisory. ### New Hampshire Relevance DCVC’s relevance to [[New Hampshire]] lies in its potential to fund and support energy and compute infrastructure startups that could align with the state’s needs. New Hampshire, with its existing nuclear infrastructure at [[Seabrook Station]] and connection to the ISO-NE grid, could benefit from DCVC-backed clean energy solutions such as advanced nuclear or renewable technologies for grid power. Additionally, the state’s growing data center presence could align with DCVC’s investments in energy-efficient compute architectures like Mythic’s. The technology readiness of DCVC’s portfolio companies varies, but some may be suitable for deployment within NH’s timeline, especially if aligned with legislative initiatives like HB 710 or SMR provisions promoting clean energy innovation. Potential applications include grid decarbonization, powering data center loads with efficient compute solutions, and supporting industrial heat needs through clean energy startups. While there is no direct evidence of DCVC or its portfolio companies expressing interest in the Northeast US or New Hampshire specifically, their focus on global-scale problems suggests potential applicability to regional energy and compute challenges ([dcvc.com](https://www.dcvc.com/companies/)). ### Competitive Position DCVC operates in a competitive venture capital landscape, focusing on deep tech and transformative industries. Compared to competitors like: - **Andreessen Horowitz (a16z)**: Known for a broad tech focus including crypto and AI, a16z competes with DCVC in compute infrastructure investments but may lack the same depth in energy and climate tech ([dealroom.net](https://dealroom.net/blog/top-venture-capital-firms)). - **[[Breakthrough Energy Ventures]]**: Backed by Bill Gates, this VC firm focuses heavily on clean energy, posing direct competition to DCVC’s energy investments but with less emphasis on compute infrastructure. - **Sequoia Capital**: A generalist VC with deep pockets, Sequoia competes across sectors but may not match DCVC’s specialized deep-tech expertise. DCVC’s unique advantage lies in its hybrid model of combining financial investment with technical expertise from industry veterans, though it faces risks from market volatility and the long gestation periods of deep-tech investments. ### Closing Note DCVC remains a leading venture capital firm with a strong focus on deep tech, poised for continued impact in energy and compute infrastructure through strategic investments and a robust expert network. *Report generated December 24, 2025*