/Investor DB

ACTivate Capital

Venture capital

Canberra · Pre-Seed–Series A · 11 people tracked

Find your way into ACTivate Capital

Each arrow is one introduction. Sign up to fill in the first one.

701 people can intro you to James

Ask Murray Bleach to introduce you to James Palmer

You →Murray · together at Derwent Executive →James

497 people can intro you to Victor

Ask Jamie Chen to introduce you to Victor Pantano

You →Jamie · together at Liquid Instruments →Victor

312 people can intro you to Brian

Ask Sam Okafor to introduce you to Brian Schmidt

You →Sam · together at CIFAR →Brian

Sign up to find every way you can get introduced to ACTivate Capital

  • Your email: who you already know at ACTivate Capital, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the ACTivate Capital team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

ACTivate Capital focuses on the Canberra innovation ecosystem, backing early-stage founders with pre-seed, seed and Series A capital. Drawing on more than 20 years of local investing (formerly as Epicorp and ANU Connect Ventures), the firm leverages deep ties to regional institutions and networks such as the Canberra Innovation Network, plus access to national experts, to help startups grow with a global perspective. The team contributes international experience in building, scaling and raising capital for ventures across global markets. With the ACT Government as a cornerstone investor, the firm positions itself as a stable, long-term partner supporting founders throughout their growth journey.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
HQ
Canberra, ACT, AU
Instruments
Equity
Last 12 months
6 investments
Tracked investments
25
Unicorns
5

Team · 11 people

from the firm's website

What they invest in

from 24 of 25 portfolio companies

AI & Machine Learning ×11Enterprise Software ×9Energy ×7Cleantech ×6Climate Tech ×6Hardware ×6SaaS ×6Data & Infrastructure ×4

HQs:United States×15Canada×2Argentina×1Australia×1United Kingdom×1India×1

Investments · 25 tracked

founders shown can be your intro path

By year:2026 · 52025 · 32024 · 22023 · 32022 · 32018 · 420 dated

119119-website.netlify.appJul 2022 · $119M

119 is a patent-pending mobile and wearable system that acts as a modern medical ID, communicating a user's medical information to bystanders or first responders via QR code and guiding them through the appropriate emergency response.

Digital HealthHardwareHealthtech

Jen(Founder)

Co-investorsJumpStart EquityBlackRockFidelity InvestmentsLightrockPrologis VenturesRedpoint Ventures+2 more

Altanaacceldata.ioin

Acceldata provides a unified platform for building, governing, and scaling data and AI workloads with end-to-end observability across pipelines.

AI & Machine LearningData & InfrastructureEnterprise SoftwarePalo Alto, US

Rohit Choudhary(Executive Officer, Director)inAshwin Rajeeva(Executive Officer, Director)inSatish Krishnamurthy(Executive Officer, Director)Maram Nagendraprasad(Executive Officer, Director)Gaurav Nagar(Founder)in

BoardDev Khare(Director)in

Co-investorsDrive CapitalEMERGENT VENTURESFelicis VenturesFocal VenturesForesite CapitalGeneral Catalyst+22 more

Altana AIaltana.aiinJul 2024

Altana operates an AI-powered network platform that connects businesses, logistics providers, and government agencies to automate global trade compliance and supply chain visibility through a shared system of record for product information and value chains.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainBrooklyn, US

Evan Smith(Co-Founder and Chief Executive Officer)inRaphael Tehranian(Co-Founder and Chief Operating Officer)inPeter Swartz(Co-Founder and Chief Science Officer)inIan Cadieuin

BoardGaetano Crupi(Director)inKarim Faris(Director)in

Co-investors53 StationsACTIVATE CAPITAL PARTNERSAlleyCorpAmadeus Capital PartnersCollective LiquidityFloating Point+16 more

Costanoa Venturescostanoavc.com

Costanoa is a venture capital firm that invests in early-stage founders solving large, technically hard problems, with a focus on enterprise software companies.

Enterprise Software

Co-investorsBCIFoundryACME CapitalArcTern VenturesCherry VenturesCongruent Ventures+5 more

Crusoecrusoe.aiin𝕏Oct 2025

Crusoe builds energy-first AI infrastructure, using innovative and renewable energy sources to power hyperscale AI factories and a cloud platform for AI workloads.

AI & Machine LearningCloud ComputingData & InfrastructureEnergyDenver, US

Cully Cavness(Co-founder, President and Chief Strategy Officer)inChase Lochmiller(Co-founder, CEO and Chairman of the Board of Directors)inCharles Cavness(Executive Officer, Director)Matthew DeNezza(Executive Officer)inJamey Seely(Executive Officer)inMichael Gordon(Executive Officer)in

Co-investorsAbstract VenturesACTIVATE CAPITAL PARTNERSAdvaita CapitalAir Street CapitalAkkaAlkeon Innovation+67 more

Fictivfictiv.comin𝕏May 2022 · $100M

Fictiv provides a cloud-based platform for managing custom manufacturing parts, projects, and team collaboration, serving engineering and manufacturing teams.

Advanced ManufacturingEnterprise SoftwareHardwareLogistics & Supply ChainSaaSOakland, US

Nate Evans(Founder)inDave Evans(Co-founder & CEO)inNathan Evans(Co-founder & CXO)

Co-investors3Spoke CapitalAccelACTIVATE CAPITAL PARTNERSAdit Ventures Management, LlcCross Creek AdvisorsFJ Labs+7 more

Flexeflexe.comin𝕏Jul 2022

Flexe provides platform-based warehousing network management, handling implementation, onboarding, and operations across multiple locations for customers seeking to scale their logistics infrastructure.

B2B MarketplacesLogistics & Supply ChainSaaSSeattle, US

Karl Siebrecht(Co-founder & CEO)inEdmond Yue(Director)inFrancis Duong(Director)inCurt Anderson(CFO & COO)in

BoardMike Galgon(Director)

Co-investors137 VenturesAcequia Capital (AceCap)ACTIVATE CAPITAL PARTNERSAlumni VenturesBlue Ivy VenturesCollective Liquidity+10 more

Jetson Homejetsonhome.cominJan 2026 · $50M

Jetson helps North American homeowners replace fossil-fuel heating and cooling systems with electric heat pumps, handling the installation process directly rather than through traditional contractors.

CleantechClimate TechConsumerEnergyHardwareIoTNorth Vancouver, CA

Aaron Grant(Founder)inMatthew Bailey(Founder)inStephen Lake(Founder)in

Co-investorsACTIVATE CAPITAL PARTNERSAfore CapitalCarbon8VCActive Impact InvestmentsEclipse+1 more

Kin Insurancekin.comin𝕏Jan 2024

Kin is a home insurance provider that offers both self-service and agent-assisted policy purchase and management for homeowners.

ConsumerFintechInsurTechChicago, US

Sean Harper(Co-Founder and Chief Executive Officer)inLucas Ward(Executive Officer and Director)inSebastian VillarrealinBret Bret HarperinJason Heidkampin

BoardEric Carlborg(Director)in

Co-investors500 GlobalACTIVATE CAPITAL PARTNERSAlpha EdisonAugust CapitalAvanta VenturesBetter Tomorrow Ventures+26 more

Lightpoweredbylight.cominSep 2026 · $46M

Light is an API-first platform that lets companies offer their own branded, embedded electricity plans and virtual power plants without handling regulatory or operational complexity, acting as the regulated electricity provider and managing billing, support, and collections.

CleantechClimate TechEnergySaaSAustin, US

Baker Shogry(Co-founder)inAdam Compain(Co-founder)in

Co-investorsGigascale CapitalMatrixMischiefBoxGroupSpark Capital

Lunar Energylunarenergy.comin

Lunar Energy develops home energy technology that converts and stores solar power to provide continuous clean electricity for residential customers.

CleantechClimate TechEnergyHardwareMountain View, US

Mark Holveck(Founder)inKunal Girotra(Founder)in

Co-investorsACTIVATE CAPITAL PARTNERSAlumni VenturesB Capital GroupB4 CapitalDCVC (Data Collective)Energetik Ventures+7 more

Omnidianomnidian.comin𝕏Apr 2025 · $87M

Omnidian provides post-installation care and performance protection for solar and clean energy investments, focusing on the service experience after systems are installed.

AI & Machine LearningCleantechClimate TechEnergySaaSSeattle, US

Mark Liffmann(Founder & CEO)inMark Liffman(Executive Officer, Director)Caroline Bec Cox(Executive Officer)in

BoardRick Viton(Director)inTom Groos(Director)inAbe Yokell(Director)in

Co-investorsACTIVATE CAPITAL PARTNERSAlumni VenturesB Capital GroupB4 CapitalBlue Bear Capital PartnersBridges Fund Management Ltd.+13 more

Optimal Dynamicsoptimaldynamics.comin𝕏Apr 2026

Optimal Dynamics develops a Transportation Decision System that uses advanced analytics and AI to optimize operations and automate decision-making for enterprise trucking companies and carriers.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainPrinceton, US

Daniel Powell(Co-founder and CEO)inWarren Powell(Co-founder and Chief Innovation Officer)inTony Adams(Executive Officer)inChris Torrence(Executive Officer)inSam Woodward(Executive Officer)

BoardMichael Droesch(Director)in

Co-investorsACTIVATE CAPITAL PARTNERSBessemer Venture PartnersEmbark VenturesFitz Gate VenturesFraser McCombs CapitalFusion+5 more

Sarvam AIsarvam.aiin𝕏Aug 2026 · $75M

Sarvam AI develops a full-stack AI platform designed for India, providing foundational AI models and tools accessible to enterprises, governments, developers, and startups.

AI & Machine LearningCloud ComputingDeep TechDeveloper ToolsEnterprise SoftwareSaaSBengaluru, IN

Dr. Vivek Raghavan(Co-founder)Dr. Pratyush Kumar(Co-founder)

Co-investorsKhosla VenturesLightspeed Venture PartnersNewRadioVenturePeak XV PartnersAccelBessemer Venture Partners+2 more

Seitecseitec.com.au

Seitec builds Nightingale, a passive seismic and acoustic sensor network with on-device Edge-AI that detects, tracks, and classifies targets such as people, vehicles, aircraft, and ordnance without requiring line of sight.

AI & Machine LearningDefense TechHardware

Co-investorsBeaten Zone Venture PartnersDefence Trailblazer

Starfish Spacestarfishspace.comin𝕏Apr 2026 · $100M

Starfish Space develops Otter, an autonomous satellite servicing vehicle that uses electric propulsion to dock with satellites for life extension and disposal.

Deep TechHardwareSpace TechTukwila, US

Trevor Bennett(Co-founder)inAustin Link(Co-founder)in

BoardMorgan Beller(Director)inPeter Ortez(Director)Letitia Long(Director)

Co-investorsACTIVATE CAPITAL PARTNERSAlumni VenturesBooz Allen VenturesCarbonDenver VenturesHypothesis+20 more

Sympowersympower.netinSep 2025

Sympower operates a platform providing demand response and energy flexibility services that help balance national electricity grids across European markets.

AI & Machine LearningCleantechClimate TechEnergyEnterprise Software

Simon Bushell(Founder)in

Co-investorsACTIVATE CAPITAL PARTNERSExpon CapitalKickstart InnovationRockstartStartGreen CapitalRubio Impact Ventures

Tomorrowtomorrowfoods.com.arin𝕏Jun 2023 · $87M

Tomorrow Foods develops plant-based protein ingredients and turnkey vegetable protein systems for food companies, enabling them to launch plant-based products.

FoodTechNew Materials

Agustín Belloso(CoFounder & CEO)inGuillermo D. Lentini(CoFounder & COO)Cesar A. Belloso(CoFounder)

Co-investorsGRIDXBlue Horizon CorporationJetBlue VenturesPitangoSeraphim Space

Tomorrowtomorrow.xyzin𝕏Jun 2023 · $87M

Tomorrow offers a self-custodial MPC crypto wallet with built-in succession planning, letting users designate beneficiaries and set a "dead man's switch" that automatically transfers digital assets to heirs after a period of inactivity.

Crypto & Web3Fintech

Co-investorsDraper AssociatesJetBlue VenturesPitangoSeraphim Space

Tomorrow Iotomorrow.ioin𝕏Jun 2023 · $87M

Tomorrow.io develops an AI-powered weather intelligence platform that combines satellite technology and proprietary data to help organizations forecast weather impacts and build resilience.

AI & Machine LearningClimate TechData & InfrastructureEnterprise SoftwareSaaSNew York, US

Shimon Elkabetz(CEO, Co-Founder)inRei Goffer(CSO, Co-Founder)inItai Zlotnik(CCO, Co-Founder)in

Co-investorsSquare Peg CapitalACTIVATE CAPITAL PARTNERSCanaan PartnersClearvision VenturesEvergy VenturesFlying Tiger Capital+10 more

Voltavoltacharging.comJul 2018 · $35M

Volta Charging operates a network of EV chargers located at retail and commercial destinations across the United States, accessible through the JOLT mobile app.

CleantechEnergyMobility & TransportationSan Francisco, US

David Elisofon(Executive Officer)Christopher WendelMichael MenendezScott Mercer

BoardPeter Secor(Director)

Co-investors500 GlobalACTIVATE CAPITAL PARTNERSAutotech VenturesBlue StartupsBrighter CapitalCelesta Capital+9 more

Voltavolta-xr.comin𝕏Jul 2018 · $35M

Volta XR creates interactive digital experiences for live events, retail spaces, and digital campaigns that audiences control via their smartphones using audio-reactive visuals and customizable interfaces.

AdTechConsumerGamingLondon, GB

Co-investors7percent VenturesBoost Capital PartnersSupernode GlobalTechstarsACTIVATE CAPITAL PARTNERSAutotech Ventures+4 more

Voltavoltaeffect.cominJul 2018 · $35M

Volta is an AI-focused community hub and accelerator based in Halifax that supports founders and builders across Atlantic Canada through networking events, mentorship, and residency programs.

AI & Machine LearningEdTechEnterprise SoftwareFuture of WorkHalifax, CA

Co-investorsScale AIAutotech VenturesGE VenturesIdinvest PartnersNautilus Venture PartnersNVIDIA+1 more

Voltavolta.cominJul 2018 · $35M

Volta provides AI infrastructure services designed to make computational resources as reliable and accessible as electricity for organizations.

AI & Machine LearningCloud ComputingData & InfrastructureDeep Tech

Ricard Boada(Co-founder)inSofia Gumuzio(Co-founder)in

Co-investorsAndreessen HorowitzAutotech VenturesGE VenturesIdinvest PartnersNautilus Venture PartnersNVIDIA+1 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Gaingels

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has ACTivate Capital made?
ACTivate Capital has 25 tracked investments, including 8 dated in the last 24 months.
What stage does ACTivate Capital invest at?
ACTivate Capital invests at the Pre-Seed, Seed, Series A stages.
What sectors does ACTivate Capital focus on?
ACTivate Capital focuses on Cleantech, Deep Tech, Defense Tech, Sector Agnostic.
Where is ACTivate Capital located?
ACTivate Capital is headquartered in Canberra, AU.

Similar investors

Featured in lists