DCVC

DCVC, established in 2010 and based in Palo Alto, California, is a venture capital firm focusing on early-stage investments in deep tech companies. The firm backs entrepreneurs leveraging advanced technologies to drive transformative change across various sectors, including artificial intelligence, manufacturing, and life sciences. DCVC's portfolio comprises companies that combine cutting-edge science and technology with unique computing and algorithmic advantages, aiming to reduce capital and operational expenses. DCVC Bio, a subsidiary founded in 2018 and based in San Francisco, specializes in investing in early-stage life science companies powered by deep tech approaches, targeting sectors such as therapeutics platforms, agriculture, and industrial biotechnologies. Both DCVC and DCVC Bio are registered investment advisers.

Chris Boshuizen

Partner

Jack Buendorf

Associate

Anna Fokina

Investment Director

John Hamer

Co-Founder and Managing Partner

James Hardiman

Partner

Justin Kern Ph.D

Partner

Andy May

Operating Partner

Patrick McCauley

Operating Partner

Matt O'Connell

Operating Partner

Joe Oleynik

Associate

Todd Papaioannou

Equity Partner

Luca Parolari Ph.D

Senior Associate

Jason Pontin

General Partner and Member of Investment Team

Spencer Punter

COO and Partner

Monica Rogati

Equity Partner

Stephen Seymour

Associate, Investments

Eric Shiozaki

Partner

Rachel Slaybaugh

Principal

Kiersten Stead

Managing Partner - DCVC Bio

Ali Tamaseb

General Partner

Past deals in Nuclear Energy

Radiant

Series C in 2024
Radiant is a clean energy startup based in Los Angeles, California, that specializes in the development of portable nuclear microreactors. Founded in 2019, the company aims to provide an alternative to fossil fuels through its innovative microreactor technology. Designed to fit within a shipping container, these reactors can be easily transported by air, ship, or road, making them suitable for both military and commercial applications. The Kaleidos microreactor, in particular, is notable for offering a zero-emissions power source, ideal for remote locations and critical power needs.

Zap Energy

Series D in 2024
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.

Zap Energy

Series C in 2022
Zap Energy, Inc., founded in 2017 and headquartered in Seattle, Washington, specializes in the design and manufacture of sheared-flow stabilized Z-Pinch fusion reactors for power generation. The company’s innovative technology utilizes electric currents to create magnetic fields that confine and compress plasma, enabling efficient energy production through nuclear fusion. This approach offers a low-carbon, cost-effective, and flexible power source while requiring less capital investment compared to traditional fusion methods. By focusing on compact and scalable fusion technology, Zap Energy aims to advance sustainable energy solutions and improve the economics of fusion energy.

Zeno Power

Series A in 2022
Zeno Power is a company that creates advanced power systems that use radioisotopes. The company intends to increase the production of small-scale nuclear batteries capable of powering spacecraft and undersea technologies for years. Zeno, founded in 2018 by three Vanderbilt University students, intends to be the first to enter the commercial market with a novel new combination of affordability and lightweight.

Terrestrial Energy

Series A in 2016
Terrestrial Energy Inc. is focused on developing and deploying nuclear reactors based on its proprietary Integral Molten Salt Reactor (IMSR) technology, which is designed for civilian applications. Founded in 2012 and headquartered in Oakville, Canada, the company’s molten salt reactors utilize a fluid fuel composed of molten fluoride or chloride salt, which serves as both the heat-producing fuel and the coolant. The IMSR technology offers significant advantages, including cost reduction, versatility, and the ability to provide zero-carbon, reliable, and low-cost high-temperature industrial heat and electricity. This positions IMSR plants for a dual-use role in various industrial applications, such as chemical synthesis and desalination. By extending nuclear energy's reach beyond traditional electric power markets, Terrestrial Energy aims to enhance industrial competitiveness and contribute to global decarbonization efforts. The company is actively engaging with regulators, suppliers, and industrial partners to build, license, and commission the first IMSR power plants in the early 2030s.
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