San Francisco–based venture capital firm DVC has successfully closed its new fund, DVC AI Fund I, raising $75 million to focus exclusively on Series A and B investments. The fund zeroes in on transformative AI sectors, including core AI infrastructure, vertical model stacks, and application-layer solutions.
This step marks a significant evolution in DVC’s approach as it builds on the success of over 120 startups through its AI-driven investment model.
DVC’s co-founders, Marina Davidova and Nick Davidov, have overturned traditional venture capital norms by eliminating the conventional analyst team. Instead, the firm uses proprietary AI agents to conduct preliminary deal sourcing and due diligence.


