DCVC

Founded in 2011, DCVC is a venture capital firm based in Palo Alto, California. The firm invests in early-stage companies utilizing deep tech to solve complex problems across sectors such as artificial intelligence, exascale computing, climate, engineering, materials science, robotics, space, water, biology, defense, and security.

Chris Boshuizen

Partner

Alan Cohen

Partner

John Hamer

Managing Partner

James Hardiman

Partner

Justin Kern

Partner

Past deals in Utilities

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 for both military and commercial applications. Its flagship product, the Kaleidos microreactor, is designed to fit within a shipping container, allowing for transportation by air, ship, and road. This innovative microreactor serves as a zero-emissions power source, making it particularly suitable for remote locations and critical applications where traditional diesel generators are typically used.

ElectronX

Seed Round in 2024
ElectronX develops an energy exchange platform designed to stabilize short-term electricity pricing. It offers centrally cleared power derivatives, enabling utilities, traders, and independent power producers to effectively manage intraday price risks.

Equilibrium Energy

Funding Round in 2023
Equilibrium Energy specializes in optimizing energy consumption and reducing costs through its advanced energy management platform. The company aims to facilitate sustainable practices, enhance efficiency for power companies, and contribute positively to the environment.

Fourth Power

Series A in 2023
Fourth Power specializes in utility-scale thermal battery storage solutions. It converts renewable energy into a reliable on-demand power source, addressing grid needs while facilitating the transition to decarbonized infrastructure.

Virtual Power Systems

Series A in 2014
Virtual Power Systems, Inc., based in Milpitas, California, specializes in providing software-defined data centers. The company offers VPS ICE, a software suite that optimizes existing infrastructure to deliver power efficiently within data centers by making it a flexible resource. Additionally, Virtual Power Systems provides commercial off-the-shelf hardware that enables users to share power between racks, control power at IT nodes, and utilize various power sources. Their solutions include optimizing data center operations, managing power capacity, bursting power usage, peak shaving, and dynamic power management. The company was incorporated in 2012 and has developed a patent-pending technology for power system virtualization to create more flexible, mobile, scalable, and cost-effective data center architectures.
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