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DCVC Deep Tech Oppor­tu­ni­ties Report 2025

Our third annual Deep Tech Oppor­tu­ni­ties Report explains the guiding principles behind our investing and outlines the areas we’re most excited about right now. This year, we focused on the prospect of an American industrial renaissance: we see great opportunity in revi­tal­izing domestic manu­fac­turing and supply chains; ensuring that our energy is secure, clean, and reliably distributed; and sparking new tech­no­log­ical innovation in our nation’s defense.

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