When was Generate Capital founded?

Generate Capital was founded in 2014.

Where is Generate Capital's headquarters located?

Generate Capital's headquarters is located in San Francisco (United States).

How big is Generate Capital's investment team?

Generate Capital has a team of 10, including 3 partners.

How many companies has Generate Capital invested in?

Generate Capital has invested in 14 companies, including Nexamp & Crusoe.

Which companies has Generate Capital invested in lately?

Enfinity & GrowUp Farms are the latest investments by Generate Capital.

What sectors does Generate Capital focus on for investments?

Top sectors in Generate Capital's portfolio are High Tech (3 investments) and Enterprise Applications (1 investment).

What stages of companies does Generate Capital typically invest in?

Generate Capital primarily invests in Seed and Series A stages.

How many exits has Generate Capital been involved in?

Generate Capital's portfolio has seen 2 acquisitions.

How many unicorns are there in Generate Capital's portfolio?

There are 2 unicorns in Generate Capital's portfolio.

Generate Capital - 2026 Investor Profile, Portfolio, Team & Investment Trends

Generate Capital, established in 2014, is a social impact fund primarily based in San Francisco, United States. It primarily finances Conventional Debt rounds for companies based in United States. Its portfolio includes 14 firms, spanning the High Tech, Enterprise Applications sectors.

As of Sep 2026, Generate Capital has 2 unicorns under its belt and has witnessed 2 portfolio exits. Its most notable investments include companies like Nexamp, Crusoe and GrowUp Farms.

Its latest investment was a $245M Conventional Debt round in Enfinity on Jun 26, 2025, which also saw participation from Nomura and CIP.

Key Metrics

Founded Year

2014

Location

San Francisco, United States

Portfolio Companies

Nexamp, Crusoe & 12 more

Sectors of Investment

High Tech, Enterprise Applications & 12 more

Stages of Investment

Conventional Debt, Seed & 5 more

Locations of Investment

United States, Brazil & 2 more

Unicorn in Portfolio

Nexamp & Crusoe

View Generate Capital's full profile

Generate Capital has a portfolio of 14 companies, including 2 unicorns. Their most notable investments are in Nexamp and Ting.Their portfolio spans across United States, Brazil, Canada and 1 more locations. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 11 other sectors, across stages such as Conventional Debt, Seed and 5 more. Here is the list of top investments by Generate Capital:

1. Nexamp

Provider of community solar programs and energy solutions for businesses. It offers community solar subscriptions, enabling savings on electricity costs without rooftop panels. It delivers energy storage solutions and power purchase agreements for commercial users. It also offers community solar programs with no rooftop panels, sign-up fees, or long-term contracts, enabling savings on electricity costs. It focuses on clean energy asset development, customer acquisition, and management, minimizing risk for counterparties.

Key facts about Nexamp

Founded Year: 2007
Location: Boston (United States)
Valuation: $*****
Stage: Series E
Total Funding till date: $1.45B
Employee Count: 596 as on Jul 31, 2026
Investors: Nomura, Nuveen and 11 Others
Latest Funding Round: Conventional Debt, Apr 24, 2026, $*****
Highlight: Editors' Pick

2. Crusoe

Operator of cloud platform providing infrastructure for artificial intelligence workloads. The company designs, builds, and operates infrastructure to power artificial intelligence. It offers managed inference, cluster management, and observability. The platform features high-performance compute, accelerated storage, and optimized networking. It provides support for open and open-source models. The company focuses on environmentally aligned power sources.

Key facts about Crusoe

Founded Year: 2018
Location: Denver (United States)
Valuation: $*****
Stage: Series F
Total Funding till date: $5.77B
Employee Count: 1,715 as on Aug 31, 2026
Investors: Goldman Sachs, Fidelity Investments and 72 Others
Latest Funding Round: Series F, Sep 04, 2026, $*****
Highlight: Editors' Pick

3. GrowUp Farms

Vertical farm growing fresh, sustainable leaves year-round with renewable energy. They cultivate crisp, pesticide-free leaves using vertical farming techniques powered by renewable energy. Their commitment extends beyond providing fresh produce to include positive environmental impact, community support, and improvement of the food supply chain. They are a certified B Corp, adhering to high standards of social and environmental performance. Their leaves are available in major supermarkets. They focus on sustainability, innovation, and creating a thriving environment for their team. They are dedicated to changing the world by growing better, offering fresh, flavorful leaves while minimizing waste and maximizing taste.

Key facts about GrowUp Farms

Founded Year: 2013
Location: Sandwich (United Kingdom)
Annual Revenue: £1M - £10M as on Dec 31, 2024
Stage: Series B
Total Funding till date: $49.3M
Employee Count: 53 as on Aug 31, 2026
Investors: Flourish, Generate Capital and 38 Others
Latest Funding Round: Series B, Jul 17, 2024, $*****
Highlight: Editors' Pick

4. Bright Power

Bright Power does energy audit for buildings, designs energy efficiency improvements and managed them. Their clients include building owners, management companies, developers, contractors, architects, governments and utility companies. Their services include energy benchmarking, energy audits, financial and technical feasibility analysis, grant/rebate assistance, green building (LEED) consulting and trainings for professionals and building managers.

Key facts about Bright Power

Founded Year: 2004
Location: New York City (United States)
Stage: Series B
Total Funding till date: $33.3M
Employee Count: 274 as on Aug 31, 2026
Investors: BMO, Windsail Capital Group and 1 Other
Latest Funding Round: Series B, Sep 25, 2024, $*****

5. Enfinity

Developer of renewable energy projects and sustainable power storage solutions. This organization provides energy services to corporate, industrial, and institutional clients. It focuses on the development and operation of solar photovoltaic assets and battery storage systems. The business facilitates the transition to a low-carbon economy by delivering power capacity and energy management services. Its activities include the commercialization of renewable energy and the implementation of circular economy practices. The firm maintains a portfolio of infrastructure projects designed to meet electricity demand through sustainable technology. It supports clients in achieving their energy goals by providing reliable and efficient power solutions.

Key facts about Enfinity

Founded Year: 2005
Location: Miami (United States)
Stage: Series D
Total Funding till date: $388M
Employee Count: 487 as on Aug 31, 2026
Investors: Eiffel Investment Group, Nomura and 8 Others
Latest Funding Round: Conventional Debt, Feb 12, 2026, $*****

View the full list of portfolio companies

Generate Capital has invested in 18 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Enfinity and most recent follow-on round was in GrowUp Farms.

Here are Generate Capital's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	1	0	1
2024	0	3	3
2023	2	0	2
2022	6	1	7
2021	4	0	4
2020	1	0	1

View all investments by Generate Capital

Generate Capital has made 4 investments in Conventional Debt stage with an average round size of $255M, 2 investments in Seed stage and 2 investments in Series A stage with an average round size of $10M.

Here are Generate Capital's investments by stage:

Stage of entry	No. of Investments
Conventional Debt	4
Seed	2
Series A	2
Series C	2
Series D	2
Others	2

Note: We have considered here, only first round of investments

View all investments by Generate Capital

Generate Capital has a diverse portfolio, with companies operating in the Sustainability Tech, Environment, Energy, Energy Tech and High Tech. Notably, it has invested in 8 Enterprise (B2B) companies, 6 Tech companies, 3 Consumer (B2C) companies and at least 2 companies focusing on Tech hardware.

Here are Generate Capital's investments by sector:

Sector	No. of Investments
Sustainability Tech	6
Environment	5
Energy	4
Energy Tech	3
High Tech	3
Others	15

Note: We have considered here, only first round of investments

View all investments by Generate Capital

Generate Capital has made most investments in United States (11), followed by Brazil where it has made 1 investment.

Here are Generate Capital's investments by geography:

Country	No. of Investments
United States	11
Brazil	1
Canada	1
United Kingdom	1

Note: We have considered here, only first round of investments

View all investments by Generate Capital

Generate Capital has not made any investment in 2026 so far.

Here are the most recent investments by Generate Capital:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jun 26, 2025	Enfinity	United States	Conventional Debt	4030	Nomura [+3]
Jul 17, 2024	GrowUp Farms	United Kingdom	Series B	1672	-
Apr 29, 2024	Pine Gate Renewables	United States	Series E	6928	Hoopp [+1]
Mar 31, 2024	Nexamp	United States	Series E	6933	Manulife Investment Management ... [+1]
Oct 02, 2023	Cultivate Power	United States	Series A	6429	-

See more recent investments made by Generate Capital

Generate Capital has 2 unicorns in its portfolio - Nexamp and Crusoe. The most recent unicorn in their portfolio is Nexamp. It became a unicorn in 2024, 2 years after Generate Capital first invested in it.

Here is a list of unicorns in Generate Capital's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
69	Nexamp	Provider of community solar programs and energy solutions for businesses	2007	Energy Tech [+1]	Boston	Series E	qsobcdt
66	Crusoe	Operator of cloud platform providing infrastructure for artificial intelligence workloads	2018	High Tech [+3]	Denver	Series F	ohp{gao

View more details about unicorns in Generate Capital's portfolio

2 companies from Generate Capital's portfolio have been acquired. The most recent acquisition was Ambient Fuels in Sep 2025 by Electric Hydrogen for $*****.

Here are Generate Capital's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Ambient Fuels	Sep 08, 2025	May 17, 2023	Series A	6783
Ting	Aug 01, 2020	Aug 09, 2022	PE	1486

View all acquired companies in Generate Capital's portfolio

Generate Capital has a team of 10 members including 3 Partners and 1 Principal located in United States. Generate Capital's team does not sit on the board of any company as of now.

Here is a list of all team members in Generate Capital:

Name	Designation	Location	Board Memberships	Contact Details
Pietro Lomazzi	Partner	Mill Valley	-	-
Chris Baker	Partner	San Francisco	-	1 Email
William Sonneborn	Partner	United States	-	1 Email
Tina Wadhwa	Principal	United States	-	1 Email

View team details of Generate Capital

Over the past 6 years, 96 investors have co-invested in Generate Capital's portfolio companies. This includes funds and angels.

Invested before Generate Capital: Good Energies, RCG and 30 others have invested in rounds before Generate Capital. There is 1 company where Good Energies has invested before Generate Capital and 1 company where RCG has invested before Generate Capital.
Top Co-investors of Generate Capital: 25 investors entered a company along with Generate Capital. These include investors like G2 Venture Partners (1 company).
Invested after Generate Capital: A total of 39 investors have invested in Generate Capital's portfolio after their investments. Top Investors include US Bank (1 company) and MUFG (1 company).