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DCVC Bio

Venture capital

Palo Alto · Seed–Growth · 15 people tracked

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Investment thesis

DCVC Bio invests in founders marrying deep biological insight and engineering with large-scale computation to solve hard problems. Established in 2018, it backs foundational science and deep tech ventures across drug discovery (using synthetic biology, microfluidics, and machine learning to create novel therapies), agriculture (safer crop protection, reduced fertilizer use, renovated food systems), and bio-based alternative materials. The firm's team combines scientific expertise in genetics, chemistry, molecular biology, agriculture, industrial fermentation, and AI with decades of operational management experience, aiming to improve human health, make food production more sustainable, and slow climate change.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Palo Alto, US
Instruments
Equity
Founded
2018
AUM
$4B
Tracked investments
10

Team · 15 people

from the firm's website
Kiersten Stead· Managing Partner, DCVC Bio

Cofounder and Managing Partner of DCVC Bio.

Dr. John Hamer· Managing Partner, DCVC Bio
Dr. Kiersten Stead· Managing Partner, DCVC Bio
Dr. Adil Anjem· Entrepreneur In Residence, DCVC Bio
Dr. Andy May· Operating Partner, DCVC Bio
Richard Waines· Senior Associate, DCVC Bio

What they invest in

from 6 of 10 portfolio companies

Biotech ×4AI & Machine Learning ×2Deep Tech ×2Enterprise Software ×2Medical Devices ×2AgTech ×1Cleantech ×1Climate Tech ×1

HQs:United States×7

Investments · 10 tracked

founders shown can be your intro path
Fervo Energyfervoenergy.cominNASDAQ: FRVO

Fervo Energy develops next-generation geothermal technology using advanced drilling and sensing techniques to unlock carbon-free, 24/7 power generation in previously uneconomic locations.

CleantechClimate TechEnergyHouston, US

Tim Latimer(Founder & CEO)inJack Norbeck(Founder)inDavid Thomas Danielson(Director)Nicholas Walrod(Director)Ion Yadigaroglu(Director)

Avicenna Biosciencesbiocentury.comin𝕏SEC filingmedium confidence

BioCentury provides business intelligence, market analysis, and networking services for biotech and pharmaceutical industry leaders.

BiotechData & InfrastructureEnterprise SoftwareDurham, US

Pieter Burger(Executive Officer, Director)Thomas Kaiser(Executive Officer, Director)

BoardChristopher Meldrum(Executive Officer, Director)Dennis Langer(Director)

Board seatJohn Hamer· per SEC Form D · $70.7K raise · filed Oct 2025

ELO LIFE SYSTEMS, INC.SEC filingmedium confidence

Durham, US

Megan Phelan(Director)Stephen Van Helden(Director)Michele Fite(Executive Officer)Matthew Todd Rands(Executive Officer, Director)Chloe Pavely(Executive Officer)Paul Boyer(Executive Officer)

Board seatKiersten Stead· per SEC Form D · $25M raise · filed Jan 2024

Empirico Inc.SEC filingmedium confidence

San Diego, US

Board seatJohn Hamer· per SEC Form D · $55.2M raise · filed Mar 2023

Epsilon Holdings, Inc.SEC filingmedium confidence

Durham, US

Board seatKiersten Stead· per SEC Form D · $24.5M raise · filed Dec 2021

MycoWorksmycoworks.comin𝕏SEC filingmedium confidence

Emeryville, US

Michael Lindheim(Executive Officer)Kiersten Stead(Director)Thomas Grotkjaer(Director)Philip Ross(Director)Matthew Scullin(Executive Officer, Director)

Board seatKiersten Stead· per SEC Form D · $63.1M raise · filed Jun 2023

Umoja Biopharma, Inc.umoja-biopharma.comin𝕏

Umoja Biopharma develops in vivo CAR T cell therapies for cancer treatment using its VivoVec platform, which generates CAR T cells directly in patients' bodies.

BiotechDigital HealthMedical DevicesSeattle, US

Philip S. Low(Director)Irena Melnikova(Executive Officer)Anna French(Director)Robert Glassman(Director)John Hamer(Director)Luke Evnin(Director)

Board seatJohn Hamer· per SEC Form D

Unlearnunlearn.aiin𝕏SEC filingmedium confidence

Unlearn develops AI-powered digital twins and data analytics tools to optimize clinical trial design and execution for pharmaceutical companies.

AI & Machine LearningBiotechDeep TechEnterprise Software

Charles Fisher(Founder & CEO)inAaron Smith(Founder)

Board seatJohn Hamer· per SEC Form D · $50M raise · filed Apr 2022

AgZenagzen.comin

AgZen develops real-time monitoring technology for crop spraying, analyzing droplet behavior to help growers and agricultural equipment manufacturers optimize application efficiency.

AgTechAI & Machine LearningHardware

Vishnu JayaprakashKripa VaranasiMaher Damak

nChroma Bionchromabio.comin𝕏

nChroma Bio develops in vivo targeted delivery and genetic engineering technologies for genetic medicine applications.

BiotechDeep TechMedical Devices

Luke Gilbert, PhDKeith Joung, MD, PhDDavid Liu, PhDAngelo Lombardo, PhDLuigi Naldini, MD, PhDJonathan Weissman, PhD

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Fund performance · per public LP disclosures

as of Nov 2025
FundVintageCommittedNet IRRTVPIDPI
DCVC Bio II, L.P.LPs: Employees' Retirement System of Rhode Island20203.5%1.07x0.21x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does DCVC Bio invest at?
DCVC Bio invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does DCVC Bio focus on?
DCVC Bio focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Climate Tech, Cybersecurity, Deep Tech, Defense Tech, Energy, Fintech, FoodTech, InsurTech, Longevity, New Materials, Quantum Computing, Space Tech.
Where is DCVC Bio located?
DCVC Bio is headquartered in Palo Alto, US.

Images

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