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DCVC

DCVC is a Palo Alto deep tech venture firm founded in 2011 by Matt Ocko and Zachary Bogue, backing companies that apply computation — AI, advanced computing, scientific tooling — to hard industries like climate, energy, biology, defence and manufacturing. It manages roughly $4 billion across 13 funds.

Health TechPalo AltoFounded 2011dcvc.com
~$4Bassets under management across 13 fundsDCVC about page / Crunchbase, read 2026-09-02
200+companies backed over the firm's history, including Square, Uber, Zoom, Fortinet and AngelListDCVC about page, read 2026-09-02
2011founded in Palo Alto by Matt Ocko and Zachary Bogue, as Data CollectiveCrunchbase company profile, read 2026-09-02

The people

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Matt OckoCo-founder & Managing Partnerprofile coming
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Zachary BogueCo-founderprofile coming

What they build

Deep tech venture investment — computational approaches to climate, energy, biology, defence, manufacturing, agriculture and materials
DCVC Bio — the firm's life sciences practice
Operating partners embedded with portfolio companies

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Working at DCVC

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About

DCVC, originally Data Collective, was built on a specific bet: that the industries hardest to disrupt — energy, agriculture, materials, biology, manufacturing, defence — would be opened by computational approaches rather than by software layered on top of them. Matt Ocko and Zachary Bogue founded it in 2011 in Palo Alto and still lead it.

The firm reports roughly $4 billion in assets under management across 13 funds, and more than 200 companies backed over its history — a portfolio that has included Square, Uber, Zoom, Fortinet and AngelList alongside its deep tech core.

Linda Maxwell is an operating partner at DCVC. A head and neck surgeon, she founded the Biomedical Zone, Canada's first hospital-embedded health technology incubator, as a partnership between Ryerson (now Toronto Metropolitan University) and St. Michael's Hospital, and profiled that work on TechTO's HealthTO stage in April 2017.

Backers

DCVC is itself an investor. It manages roughly $4 billion across 13 funds; its limited partners are not published.

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Quick answers

What does DCVC invest in?

Deep tech — companies using computation, AI and advanced computing to attack hard-to-disrupt industries: climate, energy, biology, defence, manufacturing, agriculture and materials.

Who founded DCVC?

Matt Ocko and Zachary Bogue, in 2011, originally under the name Data Collective. Both still lead the firm.

How large is DCVC?

Roughly $4 billion under management across 13 funds, with more than 200 companies backed.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 2, 2026