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VC  · May 29, 2026

DCVC Energy & Climate II, L.P.

SEC Filing Record
Offering Amount
$500.0M
Strategy
VC
Exemption
06c
Date Filed
May 29, 2026
0002129288-26-000002
View on SEC EDGAR →
37A Read

This is the second vintage in the DCVC Energy & Climate series, indicating the managers have already deployed a predecessor fund and are returning to LPs with a follow-on vehicle—a structure that typically signals LP satisfaction with the first fund's progress and conviction in the strategy rather than a pivot or new mandate.

The absence of prior EDGAR filings from this manager suggests DCVC Energy & Climate I either closed before SEC filing became standard practice for this fund size, operated under a different entity name, or was structured to avoid public disclosure—making this vintage II filing the first window into how the partnership operates at scale with institutional capital.

A $500M target for a climate and energy venture fund filing in mid-2026 positions DCVC to capture deployment demand in a sector where policy stimulus (IRA implementation, grid modernization spending, corporate net-zero commitments) is actively moving capital allocation, and where competitor dry powder may be constrained by 2024–2025 market repricing.

Verify the GP commitment level and whether Bogue and Ocko carry formal key-man provisions—two-GP structures in climate tech investing often create execution risk if decision-making authority is unevenly distributed or if either GP has conflicting time commitments to other DCVC entities or portfolio company boards.

Full analysis (GP structure, exemption breakdown, and market context) is available to Pro members.

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Principals
General Partners & Executives
Zachary Bogue Matthew Ocko
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