DCVC
US deep-tech VC; co-led Quantum Motion's Series C alongside Kembara.
Last refreshed: 13 May 2026 · Appears in 1 active topic
Timeline for DCVC
Co-led Quantum Motion $160m Series C alongside Kembara
UK Startups and Innovation: BBB puts £40m into quantum hardware- Who invested in Quantum Motion's Series C?
- DCVC and Kembara co-led the £40m Series C, with the British Business Bank's British Growth Partnership Fund also participating.Source: Lowdown uk-startups-and-innovation U#4
- What is DCVC and what does it invest in?
- DCVC (Data Collective) is a San Francisco deep-tech VC founded in 2012 focused on Quantum computing, AI infrastructure, biotech, and climate tech.Source: DCVC
- Why is DCVC backing UK quantum computing companies?
- DCVC's investment thesis holds that quantum hardware is the foundational compute layer for post-silicon systems; Oxford and UCL's silicon-spin qubit approach aligns with that focus.Source: Lowdown uk-startups-and-innovation U#4
Background
DCVC (Data Collective Venture Capital) co-led the £40m Series C for Oxford and UCL spin-out Quantum Motion in May 2026, alongside Kembara, with the British Business Bank's British Growth Partnership Fund also participating. The round will fund Quantum Motion's silicon-spin qubit fabrication programme; the company is a Stage B participant in DARPA's Quantum Benchmarking Initiative.
DCVC is a San Francisco-based deep-tech venture firm founded in 2012. It focuses on data-intensive and computationally demanding sectors: Quantum computing, AI/ML infrastructure, biotechnology, climate tech, and defence. Its limited partner base includes university endowments, foundations, and sovereign wealth-adjacent vehicles. DCVC has backed companies across quantum hardware, synthetic biology, and autonomous systems, and is known for writing technically diligent term sheets into pre-revenue deep-science companies.
The Quantum Motion co-lead reflects DCVC's consistent thesis that quantum hardware is the infrastructure layer for post-silicon compute. The BBB's co-participation alongside a US specialist firm reinforces the government's strategy of using public capital to crowd in deep-tech international capital into British quantum assets.