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 hardwareWho invested in Quantum Motion's Series C?
What is DCVC and what does it invest in?
Why is DCVC backing UK quantum computing companies?
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.
