DCVC

DCVC is a venture capital firm based in Palo Alto, California, founded in 2010. The firm specializes in investing in seed and early-stage companies across various sectors, including artificial intelligence, exascale computing, climate technology, engineering, materials science, robotics, space, water, biology, defense, and security. With a team of experienced venture capitalists, technology entrepreneurs, and engineers, DCVC has a proven track record, having invested in over 150 companies and achieved 40 significant exits. In 2018, the firm expanded its focus with the launch of DCVC Bio, which invests in early-stage startups in computational biology. This branch targets innovations in synthetic biology, medicine, and agriculture, emphasizing teams that leverage advancements in genetic sequencing, artificial intelligence, and automation to drive transformative changes in the life sciences. Both divisions of DCVC are committed to supporting entrepreneurs who are advancing technology and creating impactful solutions in their respective fields.

Zachary Bogue

Co-Founder and Managing Partner

Chris Boshuizen

Operating Partner

Jack Buendorf

Associate

Kelly Chen

Partner

Alan Cohen

General Partner

Michael Driscoll Ph.D

Founding Partner

Anna Fokina

Investment Director

John Hamer

Managing Partner

MayC Huang

Investor

Gloria Lau

Equity Partner

Patrick Mccauley

Operating Partner

Matt O'Connell

Operating Partner

Matthew Ocko

Co-Managing Partner and Co-Founder

Joe Oleynik

Associate

Luca Parolari

Senior Associate, DCVC Bio

Jason Pontin

Partner

Spencer Punter

Partner, COO

Kristen Rocca

Principal

Monica Rogati

Equity Partner

Merline Saintil

Operating Partner

Richard Waines

Associate, DCVC Bio

Past deals in GreenTech

Twelve

Series B in 2022
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Zeno Power

Series A in 2022
They are developing a next-generation radioisotope power system that converts the heat from recycled nuclear waste into electricity.Their novel fuel and shielding design results in a system that is lightweight, cost-effective, and provides always-on, resilient power for years at a time.

Brimstone

Series A in 2022
Brimstone Energy is a hardware cleantech startup that aims to reduce CO2 emissions through innovative technologies.

TrustPoint

Seed Round in 2021
TrustPoint is developing a next-generation GPS signal processing technology to provide the performance and reliability required for safety-critical automation, vital infrastructure, and seamless augmented reality.

CH4 Global

Series A in 2021
CH4 Global Inc. is a holding company based in San Francisco, California, that specializes in producing seaweed bio-products aimed at reducing methane emissions from livestock. Founded in 2019, the company focuses on Asparagopsis armata, a seaweed supplement that has been scientifically proven to decrease methane emissions from ruminant animals such as cows, goats, sheep, and deer by up to 90%. By leveraging advanced aquaculture techniques, CH4 Global provides innovative solutions to mitigate greenhouse gases on a global scale, with its products offered through subsidiaries in the United States, Australia, New Zealand, and the Pacific. The company has attracted investment from family offices and private investors, as well as support from government organizations, to further its mission of addressing climate change while providing benefits like carbon credits for farmers and food producers.

Trident Desal

Seed Round in 2021
Developer of a desalination technique designed to solve the toxic brine problem that exists in desalination. The company's technology utilizes a solvent that, when heated attracts brine in high-salinity water separating it from freshwater, enabling organizations to reuse the solvent in subsequent cycles.

Twelve

Series A in 2021
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Gro Intelligence

Series B in 2021
Gro Intelligence is a data analytics platform focused on the global agriculture industry, utilizing artificial intelligence and machine learning to analyze a wide range of agricultural data. Founded in 2014 and headquartered in New York, with an additional office in Nairobi, the company aggregates and processes both structured and unstructured data from diverse sources, including satellite imagery and trade reports. By employing proprietary algorithms, Gro Intelligence generates predictive models that provide insights into weather patterns, trade flows, pricing dynamics, and production metrics. This enables financial institutions, corporations, and public sector entities to make informed decisions based on comprehensive and timely information. The company has attracted significant investment, raising $20 million to date from notable investors. With approximately 50 employees, Gro Intelligence aims to bridge data gaps within the agricultural sector, enhancing productivity and access to capital for stakeholders across the ecosystem.

Advano

Series A in 2020
Advano, operating under NanoStar, Inc., is a New Orleans-based company specializing in silicon nanotechnology. Founded in 2014, Advano develops and produces functionalized silicon nanoparticles and quantum dots for various applications. Notably, its products enhance the energy density of lithium-ion batteries by 30-40%, making them suitable for electric vehicles, consumer electronics, and IoT devices, all without compromising battery life or increasing costs. Additionally, Advano's technology is applied in CO2 carbon capture, super hydrophobic coatings, and printable electronics, serving industries such as telecommunications.

Pyka

Seed Round in 2019
Pyka, Inc. specializes in the development of autonomous electric aircraft, primarily aimed at the agricultural sector. Founded in 2016 and headquartered in Oakland, California, the company creates aircraft designed for the application and spraying of chemicals on agricultural lands. These planes are equipped with advanced technology, including autonomous flight controllers, onboard sensors, and systems for obstacle detection and path planning. This enables them to navigate various terrains and perform hyper-short takeoffs and landings from nearly any location. Pyka's aircraft are notable for being the first certified electric autonomous airplanes to operate commercially, providing an innovative and efficient alternative to traditional ground transit in agriculture.

Pyka

Seed Round in 2019
Pyka, Inc. specializes in the development of autonomous electric aircraft, primarily aimed at the agricultural sector. Founded in 2016 and headquartered in Oakland, California, the company creates aircraft designed for the application and spraying of chemicals on agricultural lands. These planes are equipped with advanced technology, including autonomous flight controllers, onboard sensors, and systems for obstacle detection and path planning. This enables them to navigate various terrains and perform hyper-short takeoffs and landings from nearly any location. Pyka's aircraft are notable for being the first certified electric autonomous airplanes to operate commercially, providing an innovative and efficient alternative to traditional ground transit in agriculture.

Verdant Robotics

Seed Round in 2019
Verdant Robotics, Inc. specializes in the development of artificial intelligence-based robotic solutions aimed at enhancing agricultural practices. Founded in 2018 and headquartered in Hayward, California, the company offers technology that digitally maps farms over time and space, allowing for the automatic tracking and treatment of individual plants. By utilizing robotics, computer vision, and machine learning, Verdant Robotics aims to improve grower profits through precise and efficient agricultural methods. In addition to its technological offerings, the company provides autonomous farming services to support modern agricultural needs.

Smartex

Seed Round in 2019
Smartex focuses on addressing significant challenges in the textile industry by leveraging advanced AI technology, specifically machine learning and computer vision. The company has developed a hardware-enabled software solution that detects textile defects and irregularities in real time. By implementing this innovative system, Smartex can halt production when defects are identified, thereby minimizing defective output and reducing textile waste. This proactive approach not only enhances production efficiency but also contributes to sustainability by lowering carbon dioxide emissions, energy consumption, and water usage. Moreover, Smartex provides factories with a user interface to monitor production statistics, further improving operational insights and decision-making capabilities.

Twelve

Seed Round in 2018
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Pyka

Pre Seed Round in 2017
Pyka, Inc. specializes in the development of autonomous electric aircraft, primarily aimed at the agricultural sector. Founded in 2016 and headquartered in Oakland, California, the company creates aircraft designed for the application and spraying of chemicals on agricultural lands. These planes are equipped with advanced technology, including autonomous flight controllers, onboard sensors, and systems for obstacle detection and path planning. This enables them to navigate various terrains and perform hyper-short takeoffs and landings from nearly any location. Pyka's aircraft are notable for being the first certified electric autonomous airplanes to operate commercially, providing an innovative and efficient alternative to traditional ground transit in agriculture.

Gro Intelligence

Series A in 2017
Gro Intelligence is a data analytics platform focused on the global agriculture industry, utilizing artificial intelligence and machine learning to analyze a wide range of agricultural data. Founded in 2014 and headquartered in New York, with an additional office in Nairobi, the company aggregates and processes both structured and unstructured data from diverse sources, including satellite imagery and trade reports. By employing proprietary algorithms, Gro Intelligence generates predictive models that provide insights into weather patterns, trade flows, pricing dynamics, and production metrics. This enables financial institutions, corporations, and public sector entities to make informed decisions based on comprehensive and timely information. The company has attracted significant investment, raising $20 million to date from notable investors. With approximately 50 employees, Gro Intelligence aims to bridge data gaps within the agricultural sector, enhancing productivity and access to capital for stakeholders across the ecosystem.

Plenty

Series B in 2017
Plenty Unlimited Inc. is a vertical farming company based in South San Francisco, California, that specializes in producing fresh and nutritious fruits and vegetables. Founded in 2014, Plenty operates an indoor vertical farm that employs innovative farming techniques to cultivate crops without the use of pesticides or genetically modified organisms. The company's farming systems are designed to be highly efficient, using 99% less water compared to traditional farming methods while generating zero fertilizer runoff. Plenty is committed to delivering clean, healthy produce to consumers and distributes its products to local stores. Additionally, the company has a research and development farm located in Laramie, Wyoming, aimed at further enhancing its agricultural practices.

WaterFX

Seed Round in 2017
Manufacturer of sustainable solar desalination systems created to provide sustainable water. The company's desalination systems offer concentrated solar still technology which allows the production of freshwater from unusable salt water using any treatable source and through a peer-to-peer connected water network, enabling users to have a better, more reliable, ever sustainable water service for them.

Advano

Seed Round in 2017
Advano, operating under NanoStar, Inc., is a New Orleans-based company specializing in silicon nanotechnology. Founded in 2014, Advano develops and produces functionalized silicon nanoparticles and quantum dots for various applications. Notably, its products enhance the energy density of lithium-ion batteries by 30-40%, making them suitable for electric vehicles, consumer electronics, and IoT devices, all without compromising battery life or increasing costs. Additionally, Advano's technology is applied in CO2 carbon capture, super hydrophobic coatings, and printable electronics, serving industries such as telecommunications.

Verdigris

Series A in 2016
Verdigris Technologies, Inc. specializes in developing software solutions for electricity monitoring and management in commercial facilities. The company's primary product, Verdigris Energy Tracker, identifies operational inefficiencies, automates building management, and predicts demand peaks while detecting equipment failures. By utilizing wireless hardware, Verdigris collects and transmits electricity consumption data to the cloud, enhancing energy efficiency and facilitating smarter facility operations. Additionally, the company's Building.AI platform offers advanced analytics for enterprise facility managers, enabling real-time monitoring and optimization of power usage at the device level. This machine learning-based software provides critical insights that help organizations improve operational performance and reduce energy costs. Founded in 2010, Verdigris Technologies is headquartered in Moffett Field, California.

Terrestrial Energy

Series A in 2016
Terrestrial Energy Inc. is dedicated to the development and deployment of nuclear reactors utilizing its proprietary Integral Molten Salt Reactor (IMSR) technology, based in Oakville, Canada. Founded in 2012, the company focuses on creating advanced reactor power plants that employ molten salt as both fuel and coolant, enabling efficient heat generation. IMSR technology is designed to provide clean and cost-competitive heat for various industrial applications, extending the use of nuclear energy beyond traditional electric power markets to include processes such as chemical synthesis and desalination. This innovative approach aims to enhance industrial competitiveness and energy security while facilitating rapid global decarbonization by replacing fossil fuel combustion. Terrestrial Energy's IMSR power plants are positioned to enter the market within the 2020s, offering a safe and economically viable solution for harnessing clean energy.

Blue River Technology

Series B in 2015
Blue River Technology Inc. specializes in developing advanced computer vision and robotics for agricultural applications. Founded in 2011 by Stanford University alumni, the company is known for its innovative See & Spray machines, which utilize precise observation to selectively target and treat individual plants in a field. This technology allows for the targeted application of herbicides, significantly reducing chemical usage and enabling farmers to choose herbicides that suit their needs while enhancing economic efficiency. By offering an automated solution that is suitable for both organic farming and fields with chemical-resistant weeds, Blue River is transforming crop protection practices. The company is headquartered in Sunnyvale, California, with additional offices in Salinas and Yuma, and became a subsidiary of Deere & Company in 2017.

Blue River Technology

Series A in 2014
Blue River Technology Inc. specializes in developing advanced computer vision and robotics for agricultural applications. Founded in 2011 by Stanford University alumni, the company is known for its innovative See & Spray machines, which utilize precise observation to selectively target and treat individual plants in a field. This technology allows for the targeted application of herbicides, significantly reducing chemical usage and enabling farmers to choose herbicides that suit their needs while enhancing economic efficiency. By offering an automated solution that is suitable for both organic farming and fields with chemical-resistant weeds, Blue River is transforming crop protection practices. The company is headquartered in Sunnyvale, California, with additional offices in Salinas and Yuma, and became a subsidiary of Deere & Company in 2017.
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