We Are Impact Venture Capital Investors.
DBL Invests in companies that can deliver top-tier venture capital returns and enable social, environmental, and economic benefits. Our mission is to help create companies where top financial performance and positive social and environmental change are inherently connected.
Portfolio
Agtonomy
Agtonomy is pioneering physical AI solutions to transform agriculture and off-road industries, enabling autonomous operations for the largest equipment OEMs in the world.
Chestnut Carbon
Chestnut Carbon develops high-quality, nature-based carbon removal projects in the United States, including both afforestation and improved forest management.
Terram Lab
Terram Lab is building a waste-free world by eliminating plastic and harmful chemicals from packaging.
SpaceX
SpaceX designs, manufactures, and launches advanced rockets and operates Starlink, a global satellite communications network.
Airspace
Airspace is a technology-enabled logistics company focused on making the most urgent time-critical shipments more reliable and cost-effective.
Menlo Micro
Menlo Micro develops cutting edge electronic switches to create a more energy efficient and sustainable world.
BurnBot
BurnBot is revolutionizing wildfire prevention through mechanized vegetation management and prescribed fire technologies, dramatically increasing the pace and scale of wildfire and land management.
Pallet
Pallet is a social purpose company that manufactures rapid-response shelter products in Everett, Washington.
Mast
Mast is building a one-stop solution for biomass burial and reforestation on land that has been damaged by wildfire.
Rain
Rain Industries launched in 2019 to prevent catastrophic wildfires using a distributed network of autonomous aircraft located in high-wildfire-risk regions, which respond to ignitions within seconds and contain them within minutes.
Chestnut Carbon
Chestnut Carbon develops high-quality, nature-based carbon removal projects in the United States, including both afforestation and improved forest management.
Terram Lab
Terram Lab is building a waste-free world by eliminating plastic and harmful chemicals from packaging.
SpaceX
SpaceX designs, manufactures, and launches advanced rockets and operates Starlink, a global satellite communications network.
Andela
In the next ten years, there will be 1.3M software development jobs created and only 400,000 domestic computer science graduates to fill them.
As AI Strains the Grid, R-Zero Cuts Building HVAC Energy 20 to 40 Percent
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SAN FRANCISCO, June 23, 2026 R-Zero’s Physical AI platform uses real-time occupancy to reduce ventilation energy in existing buildings, with no capital investment and savings verified against utility bills. SAN FRANCISCO, June 23, 2026 /PRNewswire/…
Three-year agricultural loan program delivers environmental and financial benefits to farmers
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In 2022, Farmers Business Network (FBN), in collaboration with Environmental Defense Fund and Gradable, launched the Regenerative Agriculture Financing (RAF) Operating Line program. Results from the three-year program demonstrate the value of rewarding farmers for…