Fundraising Fox

ACTIVATE CAPITAL PARTNERS

Venture capitalActively deploying

San Francisco · Series B–Late Stage · 17 people tracked

Also known as Activate Capital · ACTIVATE CAPITAL MANAGEMENT, LP

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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 11, 2026.

Stage
Series B–Late Stage
Check
$10M – $30M
HQ
San Francisco, CA, US
Leads rounds
Follows
Instruments
Equity
Founded
2018
Last 12 months
1 investment
Private fund assets
$1.1B
VC funds
6
Tracked investments
33

Team · 17 people

from the firm's website & public directories
Anna Nitschke· COO & CFO
Asheley Kosinski· Executive Assistant & Office Manager
Karina Diaz· Accounting Manager
Neil Chin· Portfolio Operations Analyst
Nenita Soper· Director of Finance
Nicole Wilkinson· Associate
Patti Szczepaniak· Chief Administrative Officer

What they invest in

from 28 of 33 portfolio companies

AI & Machine Learning ×11SaaS ×11Enterprise Software ×10Energy ×9Climate Tech ×7Logistics & Supply Chain ×6Cleantech ×5Hardware ×4

HQs:United States×20United Kingdom×1Latvia×1

Investments · 33 tracked

founders shown can be your intro path

By year:2026 · 12022 · 12021 · 12019 · 12018 · 15 dated

STEMstem.cominNYSE: STEM

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

Flexeflexe.comin𝕏Mar 2019

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)Curt Anderson(CFO & COO)Edmond Yue(Director)Mike Galgon(Director)Francis Duong(Director)

Board seatRaj Atluru· per SEC Form D

Homeehomee.comJan 2018

HOMEE builds software solutions for managing property repair and maintenance experiences.

InsurTechMarketplacesPropTechSaaSTampa, US

DOUGLAS SCHAEDLER(Executive Officer, Director)ANTHONY HAYDEN(Executive Officer)KURT FRAHN(Executive Officer)DAVID THEUS(Executive Officer, Director)MICHAEL DEROSA(APPOINTED DIRECTOR POST-CLOSING)GEORGE LAURO(Director)

Board seatJon GuersterMichael Derosa· per SEC Form D

Voltusvoltus.coin𝕏May 2021

Voltus provides software that reduces data center energy consumption during peak grid demand periods.

Climate TechEnergySaaSSan Francisco, US

Philip Deutch(Director)Veery Maxwell(Director)Matthew J. Plante(Executive Officer, Director)Gregg Dixon(Executive Officer, Director)

BoardTim Woodward(Director)

Board seatRaj Atluru· per SEC Form D

Aeronesaerones.comin𝕏

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)inNIGEL MCCLEAVE(Director)DAINIS KRUZE(Executive Officer, Director)JANIS PUTRAMS(Director)PHILIPP GOEHRE(Director)

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 Software

Altana AIaltana.ai

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)

Crusoe Energycrusoe.aiin𝕏

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)Chase Lochmiller(Executive Officer, Director)

Fictivfictiv.comin𝕏

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)

Generate Capitalgeneratecapital.com

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

Marcus Frampton(Director)Jeff Colin(Director)Josh Green(Director)Scott Jacobs(Executive Officer, Director)Judy Bornstein(Executive Officer)Jason Fish(Director)

Infravisioninfravision.com.auin𝕏

Infravision develops aerial robotics and drones for power grid construction and monitoring, serving utilities and infrastructure operators building electrical transmission and distribution networks.

EnergyHardwareRoboticsBuda, US

Jetson Homejetsonhome.comin
Kin Insurancekin.comin𝕏

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)S. Caribou Honig(Director)Lucas Ward(Executive Officer and Director)

BoardEric Carlborg(Director)Dan Rosen(Director)

KlearNowklearnow.com

KlearNow provides AI infrastructure for supply chain trade intelligence and compliance management.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSanta Clara, US

Lunar Energylunarenergy.comin
Muon Spacemuonspace.comin𝕏May 2022

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)Paul Day(Executive Officer, Director)Daniel McCleese(Executive Officer, Director)

BoardJohn Cowgill(Director)Rob Toews(Director)

Nozomi Networksnozominetworks.comin𝕏

Nozomi Networks provides network and endpoint visibility, threat detection, and AI-powered analysis for operational technology and Internet of Things security in critical infrastructure environments.

AI & Machine LearningCybersecurityIoTMenlo Park, US

Andrea Carcano(Co-founder & CEO)Moreno Carullo(Co-founder)Edgard Capdevielle(Executive Officer, Director)

BoardGiovanni Canetta(Director)Glenn Solomon(Director)Bilal Zuberi(Director)

Optimal Dynamicsoptimaldynamics.comin𝕏

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)

Parsableparsable.comin

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)Luke Stagoll(Chief Technology Officer)

Passportpassportinc.comin𝕏

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

Ridecellridecell.comin𝕏

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

Scoopscooplabs.aiin𝕏

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

Starfish Spacestarfishspace.comin𝕏Mar 2026

Starfish Space develops autonomous satellite servicing technology and infrastructure to enable affordable and available satellite maintenance in orbit.

Deep TechHardwareSpace TechTukwila, US

Trevor Bennett(Co-founder)Austin Link(Co-founder)

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

Streetlight Datastreetlightdata.comin𝕏

StreetLight provides big data analytics for transportation planning and infrastructure investment decisions.

Climate TechData & InfrastructureGovTechLogistics & Supply ChainMobility & TransportationSan Francisco, US

Bill Perry(Director)Scott Pinizzotto(Director)Darlene Mann(Director)Thomas Vogel(Director)Paul Friedman(Founder, Chief Technology Officer)Laura Schewel(Executive Officer, Director, Promoter)

Swimlane Cloud Securityswimlane.comin𝕏

Swimlane provides an AI-powered security automation platform designed for security operations teams and enterprises to automate threat detection, response, and case management workflows.

AI & Machine LearningCybersecuritySaaSDenver, US

Cody Cornell(Executive Officer, Director)Brian Kafenbaum

BoardDavid Lincoln(Director)Shawn Cherian(Director)Sameer Reddy(Director)Tushar Kothari(Director)

Sympowersympower.netin

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

Tomorrow Iotomorrow.ioin𝕏

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)Rei Goffer(CSO, Co-Founder)Itai Zlotnik(CCO, Co-Founder)

Voltavoltacharging.comin

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

Voltavolta-xr.comin

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

WeaveGridweavegrid.comin𝕏

WeaveGrid provides software and grid management solutions that help utilities integrate electric vehicle charging and distributed energy resources without expanding infrastructure.

Climate TechEnergyIoTSaaS

Apoorv Bhargava(CEO and Cofounder)John Taggart(President and Cofounder)

XNRGYxnrgy.com

Exits · 1

IPOs and acquisitions across the tracked portfolio

STEMNYSE: STEM

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Dec 2025
FundVintageCommittedNet IRRTVPIDPI
Activate Capital Partners II, LPLPs: Texas Municipal Retirement System, John D. and Catherine T. MacArthur Foundation20216.8%1.25x0.13x

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

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.

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ACTIVATE CAPITAL PARTNERS photo

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