Activate Capital Partners
SEC exempt reporting adviser (venture capital exemption).
- Website
- https://activatecap.com
- HQ
- CA
Activate Capital Partners invests in intelligent energy and infrastructure technology. Its portfolio includes companies such as Antora, which makes thermal batteries, Volta, an EV charging network, Aerones, which offers robotic wind turbine inspection, and Sympower, a grid services aggregator. It also backs software businesses like KlearNow for import logistics and Ridecell for fleet management. Managing Partners Anup Jacob, David Lincoln, and Raj Atluru lead the firm.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Not stated | Not enough dated deals |
| Sectors | Energy | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| ACTIVATE CAPITAL PARTNERS III, LP Activate Capital invests in intelligent energy and infrastructure technology, backing private companies in that space. Inferred from the firm's website | 2024 | $186.48M to $500M (Form D) | Open, writing first checks |
| ACTIVATE CAPITAL PARTNERS II, LP | approx. 2021 | $300M to $405.55M (Form D and SEC adviser filing) | Follow-ons only |
03 · People across funds
- Anup Jacob, Managing Partner
ACTIVATE CAPITAL PARTNERS III, LP (Named on Form D); ACTIVATE CAPITAL PARTNERS II, LP (Named on Form D)
- David Lincoln, Managing Partner
ACTIVATE CAPITAL PARTNERS III, LP (Named on Form D); ACTIVATE CAPITAL PARTNERS II, LP (Named on Form D)
- RAJESH ATLURU
ACTIVATE CAPITAL PARTNERS III, LP (Named on Form D); ACTIVATE CAPITAL PARTNERS II, LP (Named on Form D)
- Caroline Chick, Vice President
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Emma Bell, Principal
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Eric Meyer, Partner
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Jon Guerster, Partner
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Leila Martin, Vice President
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Nicole Wilkinson, Associate
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Paul Jordan, Partner
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
- Raj Atluru, Managing Partner
ACTIVATE CAPITAL PARTNERS III, LP (Team); ACTIVATE CAPITAL PARTNERS II, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://activatecap.com
- https://activatecap.com/portfolio
- https://activatecap.com/team
- https://activatecap.com/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026