San Francisco · Series C–Late Stage · 9 people tracked
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.
Team · 9 people
from the firm's website & public directories
What they invest in
from 10 of 18 portfolio companiesEnergy ×8Cleantech ×7Climate Tech ×5Construction Tech ×2Circular Economy ×1Cloud Computing ×1Crypto & Web3 ×1Data & Infrastructure ×1
HQs:United States×5
Investments · 18 tracked
founders shown can be your intro pathBy year:2024 · 12015 · 12 dated
School bus manufacturer partnering with Generate Capital on electric school bus fleet solutions
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)Matthew Lipman(Director)Bill Phelan(Director)
Co-investorsSpring Lane Capital
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
Virginia-based operator of state-of-the-art indoor hydroponic farms
EnergyNew York, US
Jeffrey Perlman(Director)Andrea Mancino(Executive Officer, Director)Justin Pateman(Executive Officer)Andrew McNamara(Director)Connor Laver(Director)Suzanne Kucera(Executive Officer)
Fleet electrification-as-a-service joint venture with Blue Bird for electric school buses.
DevEngine provides development-stage capital and hands-on project development support to sustainable infrastructure and clean energy developers, co-investing at the ProjectCo level.
CleantechClimate TechEnergy
Co-investorsSpring Lane Capital
Virginia-based developer and operator of high-tech greenhouses
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)
Co-investorsCopenhagen Infrastructure PartnersNomura
Portfolio operator specializing in North American anaerobic digestion and renewable natural gas projects
UK-based vertical farm producer of locally grown, pesticide-free greens
Steel producer developing an electric arc furnace micro-mill for sustainable steel production
Construction TechSan Diego, US
Eric B. Benson(Executive Officer, Director)
BoardMonica Kamoss(Director)Jon M. Scurlock(Director)
Leading renewable energy developer for utility-scale solar and storage
Recurrent Energy, a subsidiary of Canadian Solar Inc., develops, finances, and operates utility-scale solar power and energy storage projects, such as its 330 MW Cobalt Solar project in California.
CleantechClimate TechEnergy
Sedron develops technology that converts biosolids and manure into carbon-negative commodities and clean water at lower cost than traditional methods.
Circular EconomyCleantechClimate Tech
Co-investorsAra Partners
Energy-as-a-service decarbonization joint venture launched with McKinstry.
Exits · 3
IPOs and acquisitions across the tracked portfolioPortfolio news
latest coverage across their companiesSoluna · finance.yahoo.com · Jul 29, 2026
esVolta · tipranks.com · Jul 25, 2026
DevEngine · geothermalcanada.org · Dec 2, 2025
Pine Gate Renewables · finance.yahoo.com · Nov 11, 2025
Pacific Steel Group · intelligence.generatecapital.com · Feb 28, 2025
Frequently asked questions
- How many investments has Generate Capital made?
- Generate Capital has 16 tracked investments.
- 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 teamCapitalizing on Resource Productivity & Investment Opportunities - Scott Jacobs, Generate Capital
Duke University - The Fuqua School of Business · Scott Jacobs
Co-investors · 4
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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.
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.
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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