# Activate Capital Partners

> Activate Capital Partners is a VC fund backing Software and Energy. See 47 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 47
- Last investment: Feb 2026
- Lead investor: 53%
- Last fund: Oct 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/activatecapital/
- Website: https://activatecp.com/

Activate Capital Partners is a VC fund in San Francisco focused on Software and Energy. Activate Capital is a growth equity partner to companies building smart, sustainable systems across the energy, transportation, and industrial technology markets. The firm aims to generate financial returns while contributing to this vision of the future by investing in entrepreneurial management teams in high growth companies using technology tomake the world more efficient, intelligent, and sustainable. The partners have collectively invested over $1 billion across their target sectors, resulting in 30 successful exits through IPO and M&A.

## Contacts

5 contacts available for Activate Capital Partners. Shizune tracks 9 team members at Activate Capital Partners. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/activate-capital-partners?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 10 | 21% |
| Energy | 5 | 11% |
| Information Technology | 5 | 11% |
| Logistics | 4 | 9% |
| Manufacturing | 4 | 9% |

72 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 13 | 28% |
| Series C | 10 | 21% |
| Series D | 7 | 15% |
| Series E | 4 | 9% |
| Venture - Series Unknown | 4 | 9% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 23 | 49% |
| Canada | 2 | 4% |
| Germany | 1 | 2% |
| Australia | 1 | 2% |
| The Netherlands | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Anna Nitschke | COO | 0 | https://shizune.co/investors/profile/anna-nitschke |
| Anup Jacob | Managing Partner | 9 | https://shizune.co/investors/profile/anup-jacob |
| David Lincoln | Managing Partner | 7 | https://shizune.co/investors/profile/david-f-lincoln |
| Eric Meyer | Principal | 2 | https://shizune.co/investors/profile/eric-meyer-c9fe |
| Jon Guerster | Partner | 1 | https://shizune.co/investors/profile/jon-guerster |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lunar Energy | Lunar Energy's mission is to transition homes to 100% clean energy. Founded in 2020, Lunar Energy is designing and engineering the world’s best clean energy products to electrify all homes and connect communities to form clean, resilient virtual power plants. The fast-growing, global company is delivering an ecosystem of all-electric productsto make our electricity greener, our air cleaner, and our energy more safe, secure, and reliable for all. | $102M | Series D | Feb 04, 2026 |  |
| Jetson | Jetson Home offers Jetson Air, a smart central heat pump system designed for residential whole-home heating and cooling.Jetson Air replaces gas furnaces by integrating with existing ductwork for efficient all-electric operation, delivering both heating and cooling in one unit. It performs reliably in cold climates down to -22°F (-30°C), withone-day installations that cut costs by 30-50% versus traditional HVAC replacements. | $50M | Series A | Jan 20, 2026 |  |
| Infravision | Infravision provides custom engineering solutions to deliver world-leading power line stringing methods across maintenance, repair, and new construction projects. They install line hardware on overhead earth wires and conductors using unmanned aircraft. They are working around the world to bring certified stringing solutions with their TX system. | $91M | Series B | Nov 03, 2025 |  |
| Xnrgy Climate Systems | Xnrgy Climate Systems is an engineering and manufacturing company that provides air treatment systems for data centers, and industrial institutional buildings. They provide air systems and air handlers incorporating energy recovery technologies, cooling, heating coils, fans, and humidification systems. |  |  | Oct 21, 2025 |  |
| Kin Insurance | Kin Insurance is a direct-to-consumer digital insurer focusing on the homeowner's insurance market. Kin Insurance enhances homeowners insurance convenience and affordability by removing external agents. The tech platform offers a seamless user experience, personalized coverage options, and efficient claims service. Kin utilizes extensiveproperty data for precise pricing and improved underwriting results. | $50M | Series E | Sep 09, 2025 |  |
| Xnrgy Climate Systems | Xnrgy Climate Systems is an engineering and manufacturing company that provides air treatment systems for data centers, and industrial institutional buildings. They provide air systems and air handlers incorporating energy recovery technologies, cooling, heating coils, fans, and humidification systems. |  | Venture - Series Unknown | Jul 21, 2025 |  |
| Muon Space | Muon Space is an end-to-end space systems company that designs, builds, and operates mission-optimized satellite constellations to deliver critical data and enable real-time compute and decision-making in space. Its proprietary technology stack, Halo™, integrates advanced spacecraft platforms, robust payload integration and management, and apowerful software-defined orchestration layer to enable high-performance capabilities at unprecedented speed – from concept to orbit. With state-of-the-art production facilities in Silicon Valley and a growing track record of commercial and national security customers, Muon Space is redefining how critical Earth intelligence is delivered from space. | $44.5M | Series B | Jun 12, 2025 |  |
| Swimlane | Swimlane is a developer of a security orchestration and response platform used to deliver security automation to organizations. It improves the ease with which security teams can overcome process and data fatigue, as well as chronic staffing shortages. Swimlane unlocks the potential of automation beyond the SOC by delivering a low-code platformthat serves as the system of record for the entire security organization and enables anyone within the organization to contribute their knowledge and expertise to the protection of the organization. | $45M | Private Equity | Jun 10, 2025 |  |
| Aerones | We are building heavy lifting drones which can lift up to 200kg (440lbp). We have version which is flying on batteries for rescue and delivery purposes and tethered solution for industrial cleaning and firefighting. | $62.3M | Series B | Jun 02, 2025 |  |
| Optimal Dynamics | Optimal Dynamics was created from decades of research at Princeton University focused specifically on freight and logistics. We believe continual learning and challenging ourselves allows us to stay at the leading edge of innovation. Our technology has already managed billions of dollars in assets for some of the largest companies in the world, andwe’re just getting started. | $40M | Series C | May 12, 2025 |  |

10 of 47 investments shown.

## Co-investors
- [Energy Impact Partners](https://shizune.co/investors/profile/energy-impact-partners) — VC Fund, 6 deals together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 5 deals together
- [Prologis Ventures](https://shizune.co/investors/profile/prologis-ventures) — VC Fund, 5 deals together
- [The Westly Group](https://shizune.co/investors/profile/the-westly-group) — VC Fund, 5 deals together
- [Blue Bear Capital](https://shizune.co/investors/profile/blue-bear-capital) — VC Fund, 4 deals together
- [Congruent Ventures](https://shizune.co/investors/profile/congruent-ventures) — VC Fund, 4 deals together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Activate Capital Partners invest in?

Activate Capital Partners invests primarily in Software, Energy and Information Technology startups, most often at Series B and Series C stage. Most of the 47 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Activate Capital Partners?

Public channels for Activate Capital Partners include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Activate Capital Partners?

The team at Activate Capital Partners includes Anna Nitschke (COO), Anup Jacob (Managing Partner) and David Lincoln (Managing Partner), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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