Activate Capital Partners

Activate Capital is a growth-stage venture capital firm dedicated to accelerating the world's transition to a sustainable, resilient, and adaptable future. The firm focuses its investments on breakout technology companies across next-generation energy, industrial, and digital infrastructure, targeting sectors critical to global growth. They aim to address the "missing middle" of climate finance by investing between $10 million and $30 million in companies at their Series B to pre-IPO stages, focusing on technology companies at an inflection point of growth.

Founded in 2017 by Anup Jacob, David Lincoln, and Raj Atluru, Activate Capital was established with a vision to build a premier and enduring firm focused on the sustainable transformation of the global economy. The firm's mission is deeply rooted in the belief that sustainability, resiliency, and adaptation are the critical themes defining the future of energy and infrastructure, and that sound economic investing in these areas aligns with generating best-in-class returns.

Activate Capital's portfolio includes ambitious founders building transformational companies of scale. Notable investments include Tomorrow.io, a pioneering weather intelligence platform; Altana, which helps businesses navigate global trade and supply chain complexity; and Crusoe, a vertically-integrated AI infrastructure platform for climate-aligned computing solutions. Other key portfolio companies mentioned across various sources include Starfish Space, Sympower, Lunar Energy, Omnidian, XNRGY, and Kin Insurance.

The Activate Capital team brings over 130 years of collective experience as operators and capital allocators, offering deep market knowledge and a proven history of scaling large businesses. Managing Partners Anup Jacob and David Lincoln have extensive backgrounds in energy, water, industrial technology, and clean technology investments, having founded and led multiple firms. The team's diverse skills and experiences inform their collective perspective, emphasizing persistence, candor, and humility in their partnerships with entrepreneurs.