Good reporting from Marina Temkin (@MTemkin) at @TechCrunch.
Proud to have led @typesafeai's Series Seed less than a month ago and to have participated in the $870M @a16z-led A alongside @sequoia --prouder still to see the tremendous response from software developers around the world (TypeSafe's first model, Jev, has already been adopted by 1/3 of the @FortuneMagazine 500).
This is a team that gets it done 👇
A look at what @DCVC founders delivered /this week/: 💪 🚚
🧠 Major funding for machine-native AI: @typesafeai closed an $870M Series A led by @a16z at a $7.5B valuation—with DCVC participating alongside @sequoia —less than a month after emerging from stealth with a $40M Series Seed led by DCVC at a ~$200M valuation. 1/3 of the @FortuneMagazine 500 have already adopted their first model, Jev.
⚛️ Record-setting UK quantum milestone: @universalquant raised over $100M in Series A funding co-led by DCVC—the largest-ever Series A for a UK quantum firm—to scale its modular trapped-ion architecture into error-corrected quantum computers.
🏛️ @DARPA validated quantum scale: @Atom_Computing and @IonQ_Inc advanced to the final stage (Stage C) of DARPA’s Quantum Benchmarking Initiative—with both companies unlocking agreements worth up to $300M each in potential funding to build utility-scale quantum systems.
🌾 Award-winning AI agriculture: @verdantrobotics was named to @FastCompany's list of the Next Big Things in Food and Agriculture for its SharpShooter AI tech, which cuts pesticide application by up to 99%.
🛸 In-space operations & defense: @GoToImpulse (Impulse Space) reached the finals for the @SpaceNews_Inc Icon Awards after demonstrating autonomous proximity operations between two Mira spacecraft in LEO, while @FortemTech showcased its autonomous counter-drone radar integrated directly onto new unmanned ground platforms.
⚡ Grid flexibility & geothermal momentum: @EmeraldAi_'s flexible load coalition with @Google and @nvidia made @Reuters as a blueprinted fix for data center power bottlenecks, while @fervoenergy's record-breaking Cape Station launch continued making headlines across national energy press.
Onward!
.@WSJ's @ychernova asked a good question: "Should venture investors take board seats?" Matt Cheng, CEO of @DCVC-backed @kanvasbio, had this great answer: 👇
This kind of real-time intelligence, seamlessly available to democracies & their allies w/out bureaucracy & security delays, is why @DCVC backed transformative geospatial companies @planet and @capellaspace — helping save lives and push back on autocracies from Beijing to Moscow
"Ready to tackle the nightmare geologies": that's @DCVC-backed @we_are_petra, burying fire-prone utilities to keep communities lit, healthy, and connected.
We are building a safer method for #UndergroundingUtilities that de-risks #TrenchlessTunneling. We plan to end the era of projects being halted by ‘unexpected’ geologies - our platform can handle any geology.
#GoTrenchless
https://t.co/mklM29NUel
Welcome aboard, @natenickerson! Thank you for joining @dcvc to elevate the narratives of our portfolio companies and ourselves. I look forward to working together.
@DCVC is excited to expand its Communications Team with the addition of @natenickerson, previously VP of Communications at @Yale. As the Communications & Public Affairs Partner, we welcome Nate's engagement with the #DCVC companies & #DeepTech community. https://t.co/1uQ2tKupD6