Fundraising Fox

Generate Capital

Impact investoroperating company · company profile

San Francisco · Series C–Late Stage · 10 people tracked

Find your way into Generate Capital

4,306 people in our graph share verified history with the Generate Capital team — schools, employers, funds. One of them is your warm intro.

Ryan Isonounlockedknows Harsi Thethi · together at Credit Suisse (overlapped)
×7knows the team · via Morgan Stanley
×2knows the team · via Goldman Sachs
knows the team · via Credit Suisse
knows the team · via Bank of America
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Investment thesis

Generate Capital is an infrastructure investment platform focused on sustainable infrastructure across North America and select international markets. It provides permanent capital through both debt and equity structures and offers operational services, partnering with developers to finance, build, own, and operate essential infrastructure. Its activities span clean energy generation and storage, community solar, renewable natural gas and anaerobic digestion, sustainable steel and industrial decarbonization, green hydrogen, fleet electrification, high-tech greenhouses and vertical farming, waste and water treatment, and data center power and cooling. Backed by large institutional investors and pension funds, the firm emphasizes resilient, essential infrastructure aligned with the energy transition and decarbonization of the global economy.

Source: firm website, verified Aug 3, 2026.

Stage
Series C–Late Stage
HQ
San Francisco, ID, US
Leads rounds
Follows
Instruments
Equity · Debt
AUM
$1.5B
Tracked investments
19
IPOs
3

Team · 10 people

from the firm's website & curated & public directories
Scott Jacobs

Generate Capital leader who has spoken publicly on the energy transition and its major winners.

Harsi Thethi· Interim CFOin

Named interim Chief Financial Officer in November 2024.

Founder mafia

2 people who came through Generate Capital went on to found or lead other companies.

What they invest in

from 12 of 19 portfolio companies

Energy ×10Cleantech ×9Climate Tech ×5Cloud Computing ×2Construction Tech ×2Hardware ×2Advanced Manufacturing ×1AgTech ×1

HQs:United States×9

Investments · 19 tracked

founders shown can be your intro path

By year:2024 · 22015 · 13 dated

Blue Birdblue-bird.comNASDAQ: BLBD

Blue Bird is a U.S.-owned manufacturer of school buses, including low- and zero-emission electric and propane models, serving school districts and student transportation fleets.

Advanced ManufacturingCleantechMobility & Transportation

John F. Wyskiel(President and Chief Executive Officer; Director)Razvan Radulescu(Chief Financial Officer)Jeff Sanfrey(Chief Operating Officer)

Solunasolunacomputing.comin𝕏NASDAQ: SLNH

Soluna builds data centers co-located with wind, solar, and hydro plants to convert surplus renewable energy into computing capacity for AI and Bitcoin mining, managed by its MaestroOS software.

CleantechCloud ComputingCrypto & Web3EnergyNew York, US

John Belizare(Executive Officer, Director)John Belizaire(Chief Executive Officer)inMichael Picchi(Chief Financial Officer)inJessica L. Thomas(Chief Accounting Officer)inMary O'Reilly(Chief People Officer)inRyan Carver(Chief Development Officer)in

Co-investorsSpring Lane Capital

Vertivvertiv.comin𝕏NYSE: VRT

Vertiv provides critical infrastructure technology for data centers and mission-critical networks, including uninterruptible power supplies, DC power systems, power distribution, and thermal management and cooling equipment.

Cloud ComputingData & InfrastructureEnergyEnterprise SoftwareHardware

Ralph LiebertGiordano Albertazzi(Chief Executive Officer and Director)inScott Armul(Chief Product and Technology Officer)inCraig Chamberlin(Chief Financial Officer)inStephanie Gill(Chief Legal Officer and Corporate Secretary)inMichael Giresi(Chief Information Officer)

Ambient Fuelsambientfuels.comin✓ verified

Ambient Fuels develops and finances green hydrogen projects across the US and internationally, handling site feasibility through production of hydrogen derivatives such as eFuels and ammonia.

CleantechClimate TechEnergy

Co-investorsContour Venture PartnersSJF Ventures

DevEnginedevengine.dev

DevEngine is a clean energy infrastructure company providing financing and development services for sustainable energy transition projects.

CleantechClimate TechEnergy

Tim(CEO, Managing Partner)Marc(Managing Director)

Co-investorsSpring Lane Capital

esVoltaesvolta.comin

esVolta develops, owns, and operates utility-scale standalone battery energy storage assets, handling the full lifecycle from development, engineering, and financing to construction, ownership, and optimization.

CleantechClimate TechEnergy

Randolph Mann(Founder and CEO)in

Co-investorsCopenhagen Infrastructure PartnersNomura

McKinstrymckinstry.comin𝕏

McKinstry operates an integrated platform of services for building maintenance and improvement, serving property owners and facilities managers across multiple markets.

CleantechConstruction TechEnergyPropTechSeattle, US

D. William Teplicky(Manager of LLC)

Nexampnexamp.comin𝕏Apr 2024 · $520M

Nexamp develops and acquires clean energy assets for communities, businesses, and municipalities, offering subscribers average annual electricity savings of $275 through a vertically integrated model that handles deployment, customer acquisition, and operations.

CleantechEnergyBoston, US

Peter Tawczynski(Director, Executive Officer)inKamran Idrees(Executive Officer)inJohn Murphy(Mr. Murphy is the Chief Strategy Officer of the Issuer.)inChristopher Clark(Mr. Clark is the Chief Development Officer of the Issuer.)inRobert E. Pantano(Executive Officer, Director)

BoardZaid Ashai(Director, Executive Officer)

Co-investorsPJCManulife Investment Management

Pine Gate Renewablespinegaterenewables.comMay 2024 · $650M

Leading renewable energy developer for utility-scale solar and storage

Recurrent Energyrecurrentenergy.comin𝕏

Recurrent Energy develops and procures solar and battery storage projects, leveraging its subsidiary status under Canadian Solar to access manufacturing capacity and integrate equipment supply chains.

CleantechClimate TechEnergyHardware

Co-investorsBlackRockVinci PartnersWells Fargo Advisors

Sedron Technologiessedron.comin

Sedron transforms waste into renewable assets through proprietary technology and operations.

AgTechCircular EconomyCleantechClimate TechEnergySeattle, US

Co-investorsAra Partners

Other

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

Better Future FarmsBright PowerClean Bus SolutionsEquinox GrowersGenerate UpcycleGrowUpPacific Steel GroupViridis Initiative

Exits · 3

3 IPOs

Blue BirdNASDAQ: BLBDSolunaNASDAQ: SLNHVertivNYSE: VRT

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Generate Capital made?
Generate Capital has 19 tracked investments, 3 of which have exited.
What stage does Generate Capital invest at?
Generate Capital invests at the Series C, Growth, Late Stage stages.
What sectors does Generate Capital focus on?
Generate Capital focuses on AgTech, Circular Economy, Cleantech, Climate Tech, Data & Infrastructure, Energy, Impact & Social Good, Mobility & Transportation.
Where is Generate Capital located?
Generate Capital is headquartered in San Francisco, US.
Does Generate Capital lead rounds?
Generate Capital typically participates in rounds rather than leading them.
Who does Generate Capital co-invest with?
Generate Capital most often shares deals with Ara Partners, Contour Venture Partners, SJF Ventures, among 4 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Capitalizing on Resource Productivity & Investment Opportunities - Scott Jacobs, Generate Capital

Duke University - The Fuqua School of Business · Scott Jacobs

Co-investors · 4

DCVC (Data Collective)

DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.

$5M – $25M
Freestyle Capital

Freestyle Capital is an early-stage venture capital firm based in San Francisco that invests in consumer and web-based enterprise technology companies. The firm provides capital and operational support to portfolio companies.

$1.5M – $4M
Bowery Capital

Bowery Capital is an early-stage venture firm focused on B2B software companies, providing hands-on go-to-market, talent, and business development support to founders.

$1M – $2M
Builders VC

Builders VC is a venture firm run by operators and investors that backs founders solving complex, mission-critical problems in industries dominated by legacy systems.

Firms observed investing alongside Generate Capital, from public investor directories. Shared companies are the overlap with Generate Capital's recorded portfolio.

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