fundmomentum.vc

Activate Capital Fund III

United States
Growth
Share

About Activate Capital Fund III

San Francisco growth-equity firm (founded 2017) closed its third fund, pushing past $1B AUM. Backs the technology backbone of energy, critical infrastructure and industrial systems; Fund III's 10 companies already generate $3B+ cumulative revenue. Re-up-driven close. GPs Raj Atluru, David Lincoln, Anup Jacob.

Investment Focus

Location / RegionUnited States
Funding StageGrowth
Industry Focus

Investor Signals Profile

active

Sweet Spot

Ambitious climate/energy founders ready for syndicated growth capital

energy
critical infrastructure
industrial tech
growth equity
climate
technology backbone
breakthrough climate tech

Bullish Signals

Fund III closed, $1B+ AUM milestoneLinkedIn
10 portfolio companies, $3B+ cumulative revenueLinkedIn
Strong repeat institutional investor base since inceptionLinkedIn
Joined All Aboard Coalition for climate scalingLinkedIn
Partnered with G2 Venture, Lightrock on syndicationLinkedIn

Contrarian Signals

No contrarian signals recorded.

Founder Do's

Build tech backbone for energy/industrial systems
Target $300M+ revenue scale potential
Partner with repeat institutional investors
Join All Aboard Coalition or similar syndicates
Leverage strong investor network for growth stage

Founder Don'ts

Avoid solo investor rounds—syndication critical
Don't pursue non-climate tech infrastructure

Key GPs & Partners

BP
Brook Porter
Partner
climate-focusedgrowth equitysyndication
BK
Ben Kortlang
Partner
infrastructureclimate techgrowth
DM
David Mount
Partner
climategrowth equitysyndication
DO
Daniel Oros
Partner
climate techgrowthinfrastructure
ZB
Zach Barasz
Partner
climategrowth equitysyndication

Unlock Investor Signals

€29/month for full signal access. Cancel anytime.

View PlansBrowse all Signal Profiles →

Fund Overview

Fund Size$1
Saves0
Website
LinkedIn

Key People

Raj Atluru, David Lincoln, Anup Jacob

Brook PorterPartner
Ben KortlangPartner
David MountPartner
Daniel OrosPartner
Zach BaraszPartner

Related Funds

QuantumLight Fund

$250M
United States
Series B
Ai Ml, Web3 Infrastructure, Digital Health, Saas
Fund Manager:Nik Storonsky, Lya Kondrashov
Series B
Ai Ml
Web3 Infrastructure
Digital Health
Saas

Yu Galaxy Star Fund III

$90M
United States
Seed
Deep Tech, Digital Health, Ai Ml, Defense, Robotics Automation, Energy Tech
Fund Manager:Dr. PR Yu
Seed
Deep Tech
Digital Health
Ai Ml
Defense
Robotics Automation
Energy Tech

Kleiner Perkins KP Select IV

$2.5B
United States
Growth
Ai Ml, Enterprise Software
Fund Manager:Kleiner Perkins
Growth
Ai Ml
Enterprise Software