Anup Jacob is the Managing Partner and co-founder of Activate Capital Partners. See sector focus and contact routes.
Anup Jacob is the Managing Partner and co-founder of Activate Capital Partners, a San Francisco-based growth-equity firm he established in 2017 alongside David Lincoln and Raj Atluru. He brings over 23 years of investment experience focused specifically on energy, water, and industrial technology businesses, having previously founded or partnered at firms like Virgin Green Fund and Masdar Capital. His investment thesis targets high-growth companies transforming the industrial economy toward a sustainable future, with a primary focus on the energy, mobility, and industrial sectors within the United States. While specific check sizes and lead/follow behavior for Jacob individually are not publicly detailed, Activate Capital operates as a growth-stage venture firm. His notable portfolio includes companies such as Passport Labs, PosiGen, and Stem, where he previously served on the board before Stem’s NYSE listing. Jacob also holds a board position at the non-profit Grid Alternatives and serves on the Advisory Board of the Energy Policy Institute at the University of Chicago, reflecting his commitment to renewable energy access and policy.
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