ACTIVATE CAPITAL PARTNERS
Venture capitalActively deployingSan Francisco · Series B–Late Stage · 22 people tracked
Also known as Activate Capital · ACTIVATE CAPITAL MANAGEMENT, LP
Investment thesis
Series B–pre‑IPO investor with $10–30M checks into power, industrial production, mobility and climate adaptation; operator-heavy ex-founder/CEO team from energy and infrastructure delivers decarbonization, resilience, weather intelligence and climate-resilient insurance.
Source: firm website, verified Aug 25, 2026.
Team · 22 people
from the firm's website & curated & public directories
What they invest in
from 32 of 33 portfolio companiesEnergy ×13AI & Machine Learning ×12SaaS ×12Cleantech ×11Climate Tech ×11Enterprise Software ×10Hardware ×6Logistics & Supply Chain ×6
HQs:United States×24Canada×1Germany×1United Kingdom×1Latvia×1
Who they back
founder profiles across 24 portfolio companiesFounding team size:solo founder×62 founders×113 founders×64+ founders×1
Where their founders studiedfrom 26 founders with education data
Stanford University ×8Cornell University ×2Latvijas Universitate ×2Massachusetts Institute of Technology ×2Princeton University ×2Stanford University Graduate School of Business ×2WHU – Otto Beisheim School of Management ×2
Where their founders worked beforefrom 28 founders with career history
Lyft ×3Tesla ×3Lehman Brothers ×2Princeton University ×2
Accelerator rootsportfolio companies that came through a program
5 founders hold a PhD · 4 hold an MBA (of 27 with degree data)
Investments · 33 tracked
founders shown can be your intro pathBy year:2026 · 12022 · 22021 · 12019 · 12018 · 16 dated
Stem provides an integrated software suite, PowerTrack, for monitoring, developing, deploying, and operating solar and energy storage assets, serving asset owners, operators, and stakeholders in the clean energy sector.
CleantechEnergySaaS
Co-investorsConstellation Technology VenturesPUSH VenturesWIND VenturesMithril Capital Management
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)
Board seatRaj Atluru· per SEC Form D
Co-investors137 VenturesAcequia Capital (AceCap)Madrona Venture GroupRedpoint VenturesSecond Avenue PartnersPioneer Square Ventures+1 more
HOMEE builds software solutions for managing property repair and maintenance experiences.
InsurTechMarketplacesPropTechSaaSTampa, US
ANTHONY HAYDEN(Executive Officer)KURT FRAHN(Executive Officer)DOUGLAS SCHAEDLER(Executive Officer, Director)DAVID THEUS(Executive Officer, Director)GEORGE LAURO(Director)JAMIE RAND(Director)
Board seatJon GuersterMichael Derosa· per SEC Form D
Co-investorsFlorida Funders
Voltus provides demand response services that let commercial and industrial energy users earn revenue by adjusting electricity usage across grid markets such as CAISO, ERCOT, PJM, MISO, and IESO.
CleantechClimate TechEnergySaaSSan Francisco, US
Matthew J. Plante(Executive Officer, Director)Gregg Dixon(Executive Officer, Director)
BoardPhilip Deutch(Director)Tim Woodward(Director)inVeery Maxwell(Director)
Board seatRaj Atluru· per SEC Form D
Co-investorsPrelude Ventures
Aerones provides robotic inspection, cleaning, coating, and repair services for wind turbine blades.
Advanced ManufacturingCleantechClimate TechDeep TechEnergyRoboticsRiga, LV
Dainis Kruze(Founder/CEO)inJanis Putrams(Founder/CTO)inDAINIS KRUZE(Executive Officer, Director)JANIS PUTRAMS(Director)
BoardPHILIPP GOEHRE(Director)ANDRIS BERZINS(Director)
Co-investorsAhren Innovation CapitalCarbonChange VenturesEvergy VenturesFranz Haniel & Cie. GmbHFuture Positive Capital+5 more
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)
Co-investorsDrive CapitalEMERGENT VENTURESFelicis VenturesFocal VenturesGeneral CatalystInsight Partners+21 more
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 Chain
Evan Smith(CEO)Raphael Tehranian(Founder)inIan Cadieuin
Co-investorsAlleyCorpAmadeus Capital PartnersCollective LiquidityFloating PointFriends Family CapitalGV (Google Ventures)+11 more
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 ComputingEnergyDenver, US
Cully Cavness(Co-founder, President and Chief Strategy Officer)inChase Lochmiller(Co-founder, CEO and Chairman of the Board of Directors)in
Co-investorsAbstract VenturesAdvaita CapitalAir Street CapitalAlkeon InnovationAvenir Growth CapitalBain Capital Ventures+33 more
Enpal offers a 5-in-1 residential energy package combining solar panels, a Bosch air-to-water heat pump, battery storage, a wallbox, and its Enpal.One+ energy manager, available via monthly subscription or purchase.
CleantechClimate TechEnergyBerlin, DE
Mario Kohle(Founder)inMaxim D.(Founder)in
Co-investorsExtantia CapitalSoftBank Vision FundTeam GlobalThe Westly Group
Fictiv provides a cloud-based platform for managing custom manufacturing parts, projects, and team collaboration, serving engineering and manufacturing teams.
Advanced ManufacturingEnterprise SoftwareHardwareLogistics & Supply ChainSaaS
Nate Evans(Founder)Dave Evans(Founder)in
Co-investorsAccelAdit Ventures Management, LlcCross Creek AdvisorsG2 Venture PartnersStandard InvestmentsThe Westly Group+2 more
Generate Capital is a sustainable infrastructure investment and operating platform that provides capital and expertise for developers, businesses, and communities to invest in and operate sustainable assets across power, mobility, waste, green digital, water, agriculture, and industrial decarbonization sectors.
CleantechClimate TechEnergyImpact & Social GoodSan Francisco, US
Scott Jacobs(Executive Officer, Director)Jigar Shah(Executive Officer, Director)Matan Friedman(Executive Officer, Director)Marcus Frampton(Director)Jeff Colin(Director)Josh Green(Director)
Co-investorsBlue Haven InitiativeBroadscaleCeniarthThirdstream PartnersCalifornia State Teachers' Retirement System
Infravision builds drone-enabled automation technology for electric grid construction, aiming to make building power infrastructure faster, safer, and more affordable.
CleantechEnergyHardwareRoboticsBuda, US
Christopher C.(Founder)inCameron Van Der Berg(Chief Executive Officer)inFrank Tybor(Chief Technology Officer)Matt Jones(Chief Commercial Officer)Brian Leveille(Chief Financial Officer)Paul Crawford(Chief Business Officer)
Co-investorsGICEnergy Impact PartnersHitachi Ventures
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)Matthew Bailey(Founder)Stephen Lake(Founder)
Co-investorsAfore CapitalCarbon8VCACTivate CapitalActive Impact InvestmentsEclipse+1 more
Kin is a home insurance provider that offers both self-service and agent-assisted policy purchase and management for homeowners.
InsurTechChicago, 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 GlobalAlpha EdisonAugust CapitalAvanta VenturesBetter Tomorrow VenturesChicago Ventures+18 more
KlearNow provides AI infrastructure for supply chain trade intelligence and compliance management.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSanta Clara, US
Sam Tyagi(Founder)in
Co-investorsGreatPoint Ventures
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-investorsB Capital GroupB4 CapitalDCVC (Data Collective)LeitmotifPiva CapitalPrelude Ventures+4 more
Muon Space designs, builds, and operates satellite constellations using its proprietary Halo technology stack, which integrates spacecraft platforms, payload integration, and software-defined orchestration to deliver data and enable real-time computation in space.
Deep TechHardwareSpace TechSilicon Valley, US
Jonny Dyer(Founder & CEO)inDaniel McCleese(Executive Officer, Director)Pascal Stang(Founder)inPaul Day(Executive Officer, Director)in
BoardJohn Cowgill(Director)inRob Toews(Director)in
Co-investorsACME CapitalAir Street CapitalCarbonClimacticCongruent VenturesI Squared Capital+6 more
Nozomi Networks provides continuous monitoring and AI-powered analysis for OT, IT, and IoT network security, delivering asset visibility, cyber risk detection, and response services.
AI & Machine LearningCybersecurityIoTMenlo Park, US
Andrea Carcano(Co-founder & CEO)inMoreno Carullo(Co-founder)inEdgard Capdevielle(Executive Officer, Director)in
BoardGiovanni Canetta(Director)Glenn Solomon(Director)inBilal Zuberi(Director)in
Co-investorsCDP Venture CapitalCota CapitalEnergize CapitalIn-Q-TelNotable CapitalPlanven Entrepreneur Ventures+6 more
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)in
Co-investorsB Capital GroupB4 CapitalBlue Bear Capital PartnersBridges Fund Management Ltd.City LightCongruent Ventures+11 more
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)Chris Torrence(Executive Officer)Sam Woodward(Executive Officer)
BoardMichael Droesch(Director)in
Co-investorsBessemer Venture PartnersFitz Gate VenturesFraser McCombs CapitalFusionKoch Disruptive TechnologiesNVP Capital+5 more
Parsable provides digital tools that let manufacturing companies digitize maintenance and operating procedures for technicians and operators, aiming to improve overall equipment effectiveness (OEE) and reduce maintenance errors.
Advanced ManufacturingEnterprise SoftwareIoTSaaS
Chase Feiger(Cofounder)Matt Belkin(Chief Executive Officer, President)inLuke Stagoll(Chief Technology Officer)in
Co-investorsB CapitalLightspeed Venture PartnersAramco Ventures
Passport provides a cloud-based parking management platform that unifies enforcement operations, mobile pay parking, permitting, and payment infrastructure for cities and private parking operators across North America.
Cloud ComputingGovTechMobility & TransportationPropTechSaaS
Co-investorsGrotech VenturesH.I.G. CapitalH.I.G. Growth PartnersMK CapitalRelevance VenturesSixth Street+2 more
Ridecell provides an AI-powered asset intelligence and orchestration platform for automotive leasing and finance companies.
AI & Machine LearningEnterprise SoftwareMobility & TransportationSaaSSan Francisco, US
Aarjav Trivedi(Founder/CEO)in
Co-investorsBeyond1435 GmbHBMW i VenturesConvergeLG Technology VenturesManiv MobilityNautilus Ventures Management Company (Us), Llc+5 more
Scoop converts scientific and manufacturing data into dynamic regulatory documents for drug submissions, using AI to continuously reconcile updates and maintain consistency across filings for pharmaceutical companies and regulatory teams.
AI & Machine LearningBiotechEnterprise SoftwareMedical DevicesSan Francisco, US
Vincent Park(Founder/CEO)inJay Kwon(Founder/CTO)in
Co-investorsNGP CapitalY Combinator
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-investorsBooz Allen VenturesCarbonDenver VenturesHypothesisIndustrious VenturesMaC Venture Capital+14 more
StreetLight provides big data analytics for transportation planning and infrastructure investment decisions.
Climate TechData & InfrastructureGovTechLogistics & Supply ChainMobility & TransportationSan Francisco, US
Paul Friedman(Founder, Chief Technology Officer)inLaura Schewel(Executive Officer, Director, Promoter)
BoardBill Perry(Director)Scott Pinizzotto(Director)Marc Singer(Director)inDarlene Mann(Director)
Co-investorsOUP (Osage University Partners)
Swimlane provides an agentic AI security automation platform that lets SOC analysts create, modify, and run playbooks and deploy AI agents for automated investigations and responses.
AI & Machine LearningCybersecuritySaaSDenver, US
Cody Cornell(Executive Officer, Director)inBrian Kafenbaum(Founder)
BoardDavid Lincoln(Director)inShawn Cherian(Director)inSameer Reddy(Director)inTushar Kothari(Director)
Co-investorsEnergy Impact PartnersKluz VenturesRockies Venture Club3Lines Venture Capital
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-investorsKickstart InnovationACTivate CapitalExpon CapitalRubio Impact Ventures
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 CapitalCanaan PartnersClearvision VenturesEvergy VenturesFlying Tiger CapitalFontinalis Partners+10 more
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 & Transportation
Christopher WendelMichael MenendezScott Mercer
Co-investors500 GlobalBrighter CapitalEnergize CapitalEnergy Impact PartnersNautilus Ventures Management Company (Us), LlcSQN Venture Partners, LLC
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 GlobalTechstars
WeaveGrid provides software and grid management solutions that help utilities integrate electric vehicle charging and distributed energy resources without expanding infrastructure.
Climate TechEnergyIoTSaaSSan Francisco, US
Apoorv Bhargava(CEO and Cofounder)inJohn Taggart(President and Cofounder)in
Co-investorsBreakthrough Energy VenturesClimacticCoatue ManagementCollaborative FundCongruent VenturesThe Westly Group+2 more
Co-investorsCarbonClimate InvestmentMKB
Exits · 1
IPOs and acquisitions across the tracked portfolioSTEMNYSE: STEM
Portfolio news
latest coverage across their companies
Voltus · investing.com · Aug 17, 2026
Nozomi Networks · solutionsreview.com · Aug 14, 2026
STEM · societyforscience.org · Aug 14, 2026
Volta · ghanaiantimes.com.gh · Jul 17, 2026
Scoop · analyticsinsight.net · Jul 16, 2026
Passport · eu-startups.com · Jul 16, 2026
WeaveGrid · newmarketpitch.com · Jul 13, 2026
Fund performance · per public LP disclosures
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Activate Capital Partners II, LPLPs: Texas Municipal Retirement System, John D. and Catherine T. MacArthur Foundation | 2021 | — | 6.8% | 1.25x | 0.13x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has ACTIVATE CAPITAL PARTNERS made?
- ACTIVATE CAPITAL PARTNERS has 29 tracked investments, including 1 dated in the last 24 months.
- What stage does ACTIVATE CAPITAL PARTNERS invest at?
- ACTIVATE CAPITAL PARTNERS invests at the Series B, Series C, Growth, Late Stage stages.
- What is ACTIVATE CAPITAL PARTNERS's typical check size?
- ACTIVATE CAPITAL PARTNERS typically writes checks of $10M – $30M.
- What sectors does ACTIVATE CAPITAL PARTNERS focus on?
- ACTIVATE CAPITAL PARTNERS focuses on Advanced Manufacturing, Climate Tech, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Hardware, Mobility & Transportation, New Materials, SaaS.
- Where is ACTIVATE CAPITAL PARTNERS located?
- ACTIVATE CAPITAL PARTNERS is headquartered in San Francisco, US.
- Does ACTIVATE CAPITAL PARTNERS lead rounds?
- ACTIVATE CAPITAL PARTNERS typically participates in rounds rather than leading them.
- Who does ACTIVATE CAPITAL PARTNERS co-invest with?
- ACTIVATE CAPITAL PARTNERS most often shares deals with Carbon, The Westly Group, Congruent Ventures, among 184 tracked co-investors.
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