DCVC
Facts
- HQ
- United States
- Sectors
- Venture capital, Deep tech
- Founders
- Matt Ocko, Zachary Bogue, Dr. John Hamer, Dr. Kiersten Stead
Soteris Raises $8M+ Seed Round Led by Spider Capital to Offer Policy-Level Profitability AI for P&C Insurers
Soteris, a Y Combinator–backed machine-learning startup led by CEO Sunit Shah, raised over $8 million in seed funding led by Spider Capital to expand its AI product that identifies profitable and loss-making individual policies for property-and-casualty insurers. The platform analyzes policy-level combinations of characteristics to pinpoint risky or valuable policies without changing rates, forms, filings, or staffing.
Zap Energy Secures $130M Funding and Advances Century Fusion Power Plant Demo System
Zap Energy raised $130 million in funding and is progressing on its Century system, a demonstration of key technologies for fusion power plants aimed at producing 50 megawatts per module. The Century device integrates power-generation components while the core fusion reactor FuZE-Q continues development.
Zap Energy Secures $5M DOE Grant for Fusion Power Development with FuZE-Q Device Targeting 2030 Grid Integration
Zap Energy received a $5 million grant from the U.S. Department of Energy to support its development of fusion power using its fourth-generation Z-pinch device, FuZE-Q, aiming for commercial fusion energy by 2030. Despite challenges, the DOE funding serves as a significant national-level endorsement of Zap's work toward achieving fusion breakeven.
Proprio raises $23M Series A led by DCVC to commercialize 3D "X‑ray‑like" surgical navigation system
Seattle startup Proprio raised $23 million in a Series A led by DCVC to develop a hardware‑software surgical navigation system that fuses real-time camera views with preoperative imaging to give surgeons a 3D “X‑ray‑like” view without radiation.