DCVC
About DCVC
DCVC, formerly Data Collective, was founded in 2011 by Matt Ocko and Zachary Bogue, who remain co-managing partners. The firm is based in Palo Alto and also has an office in San Francisco. DCVC Bio, its life sciences strategy, was founded in 2018 to back AI-enabled platforms for drug discovery and related biology. Crunchbase lists 14 funds. Flagship DCVC V closed at $725 million; the firm announced it in 2019 as its eighth fund overall. DCVC Bio II closed at $350 million in 2020, and DCVC Bio III closed at an oversubscribed $400 million in fall 2024. Third-party estimates put total assets under management near $4 billion. Public sources do not name a dedicated partner for AI investing.
DCVC backs founders who apply computational approaches, including AI and simulation, to hard problems in climate, health, industrial transformation and national security. Recent AI rounds include Emerald AI's $150 million Series A in August 2026, co-led with Energize Capital, for grid-responsive software for data centers. DCVC also led TypeSafe AI's $40 million seed round in September 2026. Callosum's $100 million seed round targets an orchestration layer for heterogeneous AI systems.
Trackers list Seed, Series A and Growth as DCVC's stages. Check size estimates from third-party directories vary. Several list $5 million to $25 million, one lists $1 million to $25 million, and one lists $1 million to $5 million for DCVC Bio. We found no check size published by the firm itself, so treat these as estimates.
- Emerald AI: grid-responsive software for data centers; Series A of $150 million, August 2026, co-led by DCVC
- TypeSafe AI: AI company; seed round of $40 million, September 2026, led by DCVC
- Callosum: orchestration layer for heterogeneous AI; seed round of $100 million
- humans&: seed round of $480 million, January 2026
- Soteris: seed round of $8 million, September 2026
- Mythic: analogue inference silicon for AI workloads
- dcvc.com/news-insights/dcvc-v
- pulse2.com/725-million-dcvc-v-fund
- dcvc.com/news-insights/dcvc-bio-iii-closes-at-400-million
- synbiobeta.com/read/dcvc-bio-closes-400-million-fund-iii-to-accelerate
- crunchbase.com/organization/data-collective
- app.dealroom.co/companies/data_collective
- linkedin.com/company/data-collective
- x.com/DCVC
Investing activity
DCVC appears in 5 AI deals tracked by the AI Lounge deals desk, rounds totalling $770M, and led 2 of them. The rounds are mostly Seed and Series A, with a median round size of $100M and the largest at $480M. The most recent are Soteris (Seed, $8M, Sep 2026), TypeSafe AI (Seed, $40M, Sep 2026) and Emerald AI (Series A, $150M, Aug 2026).
DCVC most often invests alongside Emerson Collective, Nvidia, Spider Capital and Webb Investment Network, and the companies it backs on AI Lounge are mostly in AI, AI data-center energy software and Digital Signage.
Deals
Frequently asked questions about DCVC
Does DCVC invest in AI startups?
Yes. DCVC backs founders who use computational approaches such as AI and simulation. Its recent AI rounds include Emerald AI, TypeSafe AI and Callosum.
What stages does DCVC invest in?
Trackers list Seed, Series A and Growth as the stages DCVC invests in. Stage focus can vary by sector.
How large are DCVC's checks?
The firm does not publish check sizes. Third-party directories estimate its checks at roughly $5 million to $25 million, so confirm terms directly with the firm.
What is DCVC's largest recent fund?
DCVC V closed at $725 million. DCVC Bio III, its life sciences fund, closed at an oversubscribed $400 million in 2024.
Where is DCVC headquartered?
DCVC is headquartered in Palo Alto, California, with an office in San Francisco.
What AI companies has DCVC invested in?
DCVC's AI investments include Soteris, TypeSafe AI, Emerald AI, Callosum and humans&. The 5 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is DCVC based?
DCVC is based in Palo Alto, US.
What stage does DCVC invest at?
In the rounds tracked on AI Lounge, DCVC has invested at Seed and Series A, with a median round of $100M. DCVC led 2 of those rounds.
Who does DCVC co-invest with?
DCVC's most frequent co-investors on AI Lounge are Emerson Collective (2 deals), Nvidia (2 deals), Spider Capital (1 deal), Webb Investment Network (1 deal) and Amplify Partners (1 deal).
How can founders reach DCVC?
Founders on AI Lounge can see DCVC's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add DCVC to their Investor Pipeline to track the conversation.