Fundraising Fox

Generate Capital

Impact investor

San Francisco · Series C–Late Stage · 9 people tracked

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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
16

Team · 9 people

from the firm's website & public directories
Scott Jacobs

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

William Sonneborn· President

Investment industry leader appointed President of Generate Capital in December 2023.

Brian Lehman· Chief Financial Officer

Served as CFO before stepping down from the role in late 2024.

Harsi Thethi· Interim CFOin

Named interim Chief Financial Officer in November 2024.

What they invest in

from 1 of 16 portfolio companies

Construction Tech ×1

HQs:United States×1

Investments · 16 tracked

founders shown can be your intro path
Blue BirdNASDAQ: BLBD

School bus manufacturer partnering with Generate Capital on electric school bus fleet solutions

SolunaNASDAQ: SLNH

Developer of green data centers for intensive computing applications including AI and Bitcoin mining

VertivNYSE: VRT

Critical digital infrastructure firm collaborating on data center power and cooling solutions.

Ambient Fuelsambientfuels.comin
Better Future Farms

Virginia-based operator of state-of-the-art indoor hydroponic farms

Clean Bus Solutions

Fleet electrification-as-a-service joint venture with Blue Bird for electric school buses.

Equinox Growers

Virginia-based developer and operator of high-tech greenhouses

esVolta

Large-scale battery storage developer

Generate Upcycle

Portfolio operator specializing in North American anaerobic digestion and renewable natural gas projects

GrowUp

UK-based vertical farm producer of locally grown, pesticide-free greens

McKinstry

Partner in the Viridis Initiative delivering energy-as-a-service decarbonization solutions.

Pacific Steel Group

Steel producer developing an electric arc furnace micro-mill for sustainable steel production

Construction TechSan Diego, US

Eric B. Benson(Executive Officer, Director)Jon M. Scurlock(Director)Monica Kamoss(Director)

Pine Gate Renewables

Leading renewable energy developer for utility-scale solar and storage

Recurrent Energy

Renewable energy developer noted among top financing rounds.

Sedron Technologies

Developer of innovative liquid waste treatment technology for wastewater and biosolids processing

Viridis Initiative

Energy-as-a-service decarbonization joint venture launched with McKinstry.

Frequently asked questions

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.

Co-investors · 4

DCVC (Data Collective)

DCVC (Data Collective) is a venture capital firm that backs founders building companies which apply technology to major challenges across areas such as energy, biotech, agriculture, and machine learning.

$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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