signal/raiseTrack rounds

A

Activate Capital

Focus: Climate & energy, AI

Activate Capital took part in 3 of the startup funding rounds we tracked in 2026, leading or co-leading 1 worth $225m. By money raised, its biggest sectors were AI and Climate & energy. The largest was Crusoe's $3.9bn Series D+ round. The most recent was Voltus's Series D+ round in October 2026.

Deployed as lead$225m

Rounds led1

Rounds joined3

Largest round$3.9bn

Rounds led (1)

VoltusSeries D+ · Climate & energy · San Francisco · 8 Oct$225m

Also invested (2)

CrusoeSeries D+ · AI · Denver · 17 Sep$3.9bn Antora EnergySeries C · Climate & energy · San Jose · 30 Jul$550m

By sector

AI$3.9bn Climate & energy$775m

By stage

Series C$550m Series D+$4.13bn

Co-investors

Ribbit Capital2 rounds Salesforce Ventures2 rounds StepStone Group2 rounds Generation Investment Management1 round Atreides Management1 round Mubadala Capital1 round Valor Equity Partners1 round Founders Fund1 round GIC1 round NVIDIA1 round