Activate Capital Targets $500M for Third Climate-Focused VC Fund

San Francisco-based Activate Capital is aiming to raise $500 million for its third venture capital fund, as revealed in recent SEC filings. The fund will focus on climate and sustainability investments, continuing the firm’s strategy of backing companies driving innovation in clean energy and infrastructure. Activate Capital has a history of successful investments in clean technology, including energy efficiency and sustainable industrial solutions. This new fund aligns with the firm’s goal to support scalable solutions that address global climate challenges.