Activate Capital

Activity from announced rounds

Activity in this selectionOct 24, 2026 · North America · Jan 1, 2026

Activate Capital is the investment firm whose official portfolio identifies Antora and Crusoe.

Recorded funding activity

Crusoe develops computing infrastructure. Rune deploys computing at renewable-energy sites, while Light supplies infrastructure for branded electricity services. These company relationships retain different products and financing events.

Sources
Rounds participated in
7
Confirmed lead rounds
0
2 roles undisclosed
New companies
7
First participation on record · 0 follow-on
Funding in participating rounds
$5B
7 disclosed · full round size, not this investor’s share

By stage

Series A3
Series C+3
Growth1

By primary sector

Climate tech4
Space tech2
AI1

By country

United States6
Canada1

Rounds

7 in this selection
Crusoe

AI infrastructure combining GPU cloud services, managed AI tools, large-scale data centers and modular AI factories for model developers and enterprises.

$3.9BSeries F (initial close; anticipated total)
Participant
Rune

A modular clean-compute platform that deploys GPU clusters at renewable-energy sites without building a conventional data center.

$40MSeries A
Participant
Light

Light supplies the retail-energy platform behind branded electricity offers from partners such as solar and battery providers.

$46MSeries A
Participant
Muon Space

Muon Space designs, deploys and operates satellite constellations tailored to customer missions and monitoring needs.

$250MSeries C
Participant
Antora Energy

Antora Energy makes thermal batteries that store electricity as heat in carbon blocks and deliver continuous energy to industrial facilities and other large users.

$550MSeries C
Participant
Tomorrow.io

Provides AI-powered weather intelligence for organizations

$175MGrowth
Role not disclosed
Jetson

Provides all-electric heat pump systems for residential electrification

$50MSeries A
Role not disclosed