DCVC

DCVC (Data Collective) is a deep-tech venture firm founded in 2010 that backs applied deep technology across compute, energy, biology, space, and robotics. Its thesis sits squarely in the Physical AI universe: the firm invests in the companies building embodied intelligence, compute infrastructure, and industrial automation. In the PXS map, DCVC enters through a sourced, direct relationship with Emerald AI, the data-center power startup that raised $150M at a $1.05B valuation — a compute-infrastructure company mapped to the Physical AI layer. The research map records an attributed financing relationship, not a complete portfolio or a live ownership register. Only direct, sourced relationships to existing mapped companies are captured; the firm's wider portfolio of non-mapped holdings is intentionally not onboarded here. DCVC is most useful as a signal of which deep-tech capital networks are backing the compute-and-power foundation of the Physical AI universe, and coverage grows only through verified evidence. DCVC is among the longer-tenured deep-tech franchises in the map, and its position in Emerald AI — a data-center power company — ties it to the compute-and-power substrate that embodied intelligence depends on, rather than to a single application layer.