Activate Capital
SelectiveFiled to raiseSan Francisco, CAEnergy, Manufacturing, CleantechLast fund filed October 2024
0 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| ACTIVATE CAPITAL PARTNERS III | October 2024 | $500M | $186M | 24 |
| Activate MegaWatts LJ | October 2024 | $35M | $35M | 34 |
| ACP II EXECUTIVEFiled to raise in 2022, with no closing reported yet. | 2022 | Indefinite | $0 | 0 |
| ACTIVATE CAPITAL PARTNERS IIFiled to raise in 2021, with no closing reported yet. | 2021 | $300M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
6 partners are named across this firm’s filings, 0 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| David LincolnNot on the current fund | Slowing | None listed | 2 |
Classified sectors of Activate Capital’s own portfolio companies, based on 10 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| EIP | 1 | SWIMLANE |
| Energize Ventures | 1 | Volta Industries |
| Imperative | 1 | TAS Energy |
| Khosla Ventures | 1 |
| ACTIVATE CAPITAL PARTNERSFiled to raise in 2018, with no closing reported yet. |
| 2018 |
| $300M |
| $0 |
| 0 |
| Element Partners II-A | March 2012 | Indefinite | $51M | 2 |
| 1 |
| Michael DeRosaNot on the current fund | Slowing | Climate & energy, Manufacturing & industrials | 5 | 1 |
| Anup JacobNot on the current fund | Quiet | Climate & energy, Manufacturing & industrials, Mobility & transportation | 4 | 0 |
| Michael BevanNot on the current fund | Quiet | Climate & energy, Logistics & supply chain, Manufacturing & industrials | 3 | 0 |
| Michael ToddNot on the current fund | Quiet | Food & agriculture | 1 | 0 |
| Rajesh AtluruNot on the current fund | Quiet | None listed | 1 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Activate Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Boosted |
A shared board seat: a company where filings name a Activate Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.