
Dell Technologies Capital
Palo Alto, California, United StatesFounded 2012
AICybersecurityData & AnalyticsDeveloper ToolsEnterprise SoftwareHardware & SemiconductorsInfrastructure & Cloud
Dell Technologies Capital is the corporate venture capital arm of Dell Technologies, investing in determined early-stage founders building enterprise technology. Since 2012, the team has invested more than $1.8B in companies across cybersecurity, AI/ML, data infrastructure, developer tools, and silicon.
Deal activity decreased year-over-year (7 deals in the last 12 months vs 15 prior). Average disclosed round size is $54.4M (across 182 rounds with reported amounts).
Portfolio
125
Fund Size
—
Top Stage
Series A
Last 12 Mo
7
Team
Nina Lu
Principal
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
200 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $20M | Aug 2026 | |
| Unknown | $100M | Jun 2026 | |
| Seed | $65M | Jan 2026 | |
| OOpenObserve | Series A | $10M | Jan 2026 |
| AAITAN | Unknown | $41M | Jan 2026 |
| Series A | $14M | Jan 2026 | |
| NNscale Global Holdings Limited | Series C | $433M | Oct 2025 |
| Series B | — | Sep 2025 | |
| Growth | $175M | Sep 2025 | |
| DDistyl AI | Unknown | $175M | Sep 2025 |
| Series A | $30M | Sep 2025 | |
| Growth | $20M | Jul 2025 | |
| Series B | $50M | Jun 2025 | |
| LLayerX Security | Series A | $11M | Apr 2025 |
| Series B | $93M | Apr 2025 | |
| Series A | $10M | Apr 2025 | |
| Seed | $7.8M | Mar 2025 | |
| Seed | $12M | Feb 2025 | |
| Series B | $38M | Feb 2025 | |
| AAuditoria.AI | Series B | $38M | Feb 2025 |
| Seed | $10M | Jan 2025 | |
| CCartesia AI, Inc. | Series A | $64M | Jan 2025 |
| AAuditoria.AI | Series B | $38M | Jan 2025 |
| Series A | $40M | Jan 2025 | |
| Series A | $30M | Jan 2025 |
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Top Co-Investors
Dell26 shared
Intel Capital23 shared
Lightspeed Venture Partners16 shared
83North15 shared
The Goldman Sachs Group, Inc.12 shared
GV12 shared
Coatue Management LLC12 shared
Sapphire Ventures11 shared
Salesforce Ventures10 shared
Sequoia Capital9 shared
Glynn Capital9 shared
Insight Partners9 shared
Bain Capital Ventures9 shared
Fidelity Investments8 shared
Andreessen Horowitz8 shared
Khosla Ventures8 shared
Samsung Next8 shared
Sanabil Investments8 shared
Icon Ventures8 shared
Y Combinator7 shared
Last updated: 7 October 2026