David Lincoln is a multi-decade energy and clean technology investing specialist who co-founded EnerTech Capital in the mid-1990s, one of the first venture firms created specifically to invest in energy technology, positioning him as an early architect of modern cleantech venture capital. He has served in prominent leadership roles at the National Venture Capital Association, including chairing both the Energy & Cleantech Committee and the Growth Equity Group, where he helped define growth equity as its own asset class within private equity.
About their Fund
Sectors
Energy, Climate, Transportation, Logistics, Cybersecurity
Rounds
Series B+
Avg Check Size
$10M - $30M
Notable Investments
Activate Capital Partners is a climate-focused venture capital fund that specializes in the "missing middle" of climate finance by writing $10-30M checks at Series B through pre-IPO stages, targeting companies in power, industrial production, mobility, and climate adaptation sectors that drive approximately 90% of global emissions. The fund distinguishes itself through its operator-heavy team of ex-founders and CEOs from energy and infrastructure companies, and its integrated approach that addresses not just decarbonization but also resiliency and adaptation, including weather intelligence and climate-resilient insurance alongside traditional mitigation technologies.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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