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DHVC

North America, California, United States, Palo Alto

Description

DHVC, also known as Digital Horizon Ventures Capital, is a Palo Alto, California-based venture capital firm with a strategic focus on early-stage technology companies. Established to back innovative startups, DHVC primarily targets Seed and Series A rounds, aiming to identify and support disruptive ventures across several key sectors. Their investment thesis centers on empowering companies poised for significant growth and market impact.

The firm's investment mandate spans a diverse range of industries, including Enterprise, Consumer, FinTech, and Healthcare. Within these sectors, DHVC seeks out companies leveraging cutting-edge technologies such as artificial intelligence, SaaS, and biotechnology. They are known for their hands-on approach, providing not just capital but also strategic guidance and operational support to their portfolio companies. This collaborative model is designed to help founders navigate the challenges of early-stage development and accelerate their path to market leadership.

DHVC has demonstrated a consistent ability to raise capital and deploy it into promising startups. The firm successfully closed its third fund, DHVC Fund III, in 2021, securing $150 million in commitments to continue its investment activities. This follows earlier successful funds, including a $100 million Fund I in 2015 and a $100 million Fund II in 2018, underscoring their sustained presence in the venture ecosystem. For their initial investments, DHVC typically writes checks ranging from $1 million to $5 million, though this can vary based on the stage and specific needs of the company. Their portfolio includes companies that have gone on to achieve significant milestones and further funding rounds.

Investor Profile

DHVC has backed more than 205 startups, with 0 new investments in the last 12 months alone. The firm has led 27 rounds, about 13% of its total and boasts 36 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, China, Singapore.
  • Strong thematic focus on Software, Blockchain, Artificial Intelligence (AI).
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (35%)
  • Series A (27%)
  • Series Unknown (11%)
  • Series B (11%)
  • Series C (6%)
  • Series E (2%)
  • Initial Coin Offering (2%)
  • Convertible Note (1%)
  • Angel (1%)
  • Corporate Round (1%)

Country Focus

  • United States (77%)
  • China (12%)
  • Singapore (6%)
  • United Kingdom (1%)
  • Cayman Islands (1%)
  • Switzerland (1%)
  • Canada (1%)

Industry Focus

  • Software
  • Blockchain
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Information Technology
  • Health Care
  • Internet
  • Fintech
  • Cryptocurrency
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does DHVC frequently co-invest with?

Pear VC
North America, California, United States, Menlo Park
Co-Investments: 7
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 8
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 8
Fenbushi Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 8
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 10
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 12
AME Cloud Ventures
North America, California, United States, Palo Alto
Co-Investments: 10
DCM Ventures
North America, California, United States, Menlo Park
Co-Investments: 9
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 11
DCVC
North America, California, United States, San Francisco
Co-Investments: 7

Which angels does DHVC often collaborate with?

WG
North America, California, United States, San Francisco
Shared Deals: 6
FG
North America, New York, United States, New York
Shared Deals: 3
ZC
North America, California, United States, San Francisco
Shared Deals: 5
EK
North America, California, United States, San Francisco
Shared Deals: 2
JH
North America, California, United States, Palo Alto
Shared Deals: 2
AO
North America, California, United States, San Francisco
Shared Deals: 3
BF
North America, California, United States, San Francisco
Shared Deals: 3
NR
North America, California, United States, San Francisco
Shared Deals: 3
EC
North America, California, United States, Burlingame
Shared Deals: 2
Gang Wang
Asia, Zhejiang, China, Hangzhou
Shared Deals: 2

What are some of recent deals done by DHVC?

Ink Finance

Singapore, Central Region, Singapore

Ink Finance is a financial SaaS that supports on-chain issuance, settlement, clearing, and analysis of Non-Fungible financial products.

BlockchainFinancial ServicesFinTechMetaverseSaaSWeb3
SeedJun 7, 2024
Amount Raised: $5,000,000
Shentu Chain

Singapore, Central Region, Singapore

Shentu Chain is a software company that provides security insights and prevents attacks on cryptocurrency.

BlockchainCyber SecuritySoftware
SeedMar 12, 2024
SURGE Therapeutics

Cambridge, Massachusetts, United States

SURGE Therapeutics seeks to dramatically improve cancer patient survival by disrupting cancer immunotherapy is deployed.

BiotechnologyHealth CareLife Science
Series BJul 19, 2023
Amount Raised: $32,000,000
TensorOpera

Palo Alto, California, United States

TensorOpera is a scale-up AI platform that enables developers and enterprises to create and sell their own generative AI applications.

Generative AI
SeedJun 30, 2023
Amount Raised: $13,200,000
Lifeform

New York, New York, United States

Lifeform provides decentralized identity systems for Web3 avatars.

3D TechnologyIdentity ManagementInformation TechnologySoftwareWeb AppsWeb3
Series AFeb 27, 2023
Amount Raised: $5,000,000
Polyhedra Network

Singapore, Central Region, Singapore

Polyhedra Network is an infrastructure company that develops a Web3 infrastructure platform through zero-knowledge-proof protocols.

BlockchainInformation TechnologySoftwareWeb DevelopmentWeb3
SeedJan 21, 2023
Amount Raised: $10,000,000
Ping

Miami, Florida, United States

Ping provides international contractors and freelancers with access to a personal Dollar account in the United States.

CryptocurrencyFinancial Services
SeedNov 9, 2022
Amount Raised: $15,000,000
Bitquery

New York, New York, United States

Bitquery specializes in blockchain data problems solutions that offers Coinpath and digital assets.

AnalyticsBlockchainInternet
SeedSep 27, 2022
Amount Raised: $8,500,000
MachineFi Lab

Los Angeles, California, United States

MachineFi Lab operates as a designer for IoT and blockchain technologies.

BlockchainInternet of ThingsWeb Design
SeedJun 7, 2022
Amount Raised: $10,000,000
IoTeX

Houston, Texas, United States

IoTeX is a modular Web3 infrastructure platform connecting smart devices and real-world data to blockchains.

BlockchainCryptocurrencyDecentralized Finance (DeFi)Internet of ThingsWeb3
SeedJun 7, 2022
Amount Raised: $10,000,000