We back breakout technology companies
Across next-generation energy, industrial and digital infrastructure in the sectors most critical to global growth
The infrastructure technology supercycle
The global economy is undergoing a supercycle of investment across the core infrastructure stack as legacy sectors are transformed with technology, and new sectors like AI and space are rapidly emerging. Activate invests in technology companies at the center of global economic disruption—starting with energy and power and extending across all core infrastructure and industrial markets as we rebuild the physical-digital scaffolding of the 21st century. Our lens puts a sustainable, resilient future at the center of our approach.
Specialized expertise built around deep partnership
Activate is a highly specialized investor that brings deep knowledge of our markets both as operators and capital allocators, with over 130 years of collective experience. We partner closely with our companies to support their growth and have a proven history of scaling large businesses.
Transforming global markets
Our portfolio anchors on ambitious founders building transformational companies of scale.


