Activate

Activate empowers entrepreneurial scientists and engineers to transform their research into world-changing products and businesses. By supporting scientists from the very beginning of their entrepreneurial endeavors, they often find us to be the decisive factor in enabling them to either successfully scale their ideas or prevent them from ever taking off. These scientists will introduce innovative products to the market that revolutionize the way they generate energy, manufacture goods, operate our buildings, facilitate global transportation, and utilize resources to sustain their society.

2 past transactions

CalWave Inc

Seed Round in 2018
CalWave specializes in creating reliable and cost-effective ocean wave technologies and services unlocking the largest unused dispatchable source of clean energy. Our proprietary wave energy converter technology stands out for its high performance and durability, even in storms and extreme conditions, by operating fully submerged. Our technology harnesses the energy of ocean waves, converting it into electricity and freshwater. Wave power, being more consistent, predictable, and energy-dense than other renewable sources, has the potential to satisfy 20-30% of global energy demand. CalWave aims to displace 500 million tons of greenhouse gases annually by 2050, aligning with forecasts that ocean energy can sequester 1.38 gigatons of CO2 annually. Our technology could potentially power over 100 million US homes.

MicroByre

Venture Round in 2017
MicroByre is a platform for bacterial domestication. Their automated characterization pipeline gathers the oft-overlooked data that highlights unleveraged bacteria that meet functional industrial criteria. That is, they rapidly find the bacteria with naturally unfussy eating habits and evolution-honed metabolisms that have the potential to convert unrefined biomasses into commodity chemicals at vastly improved efficiencies compared to extant fermentation processes. They select from these functionally de-risked bacteria those which can be directly genetically modified to improve their cost profiles — even if they have never been engineered before. The data from our unique characterization pipeline informs the minimally precise genetic modifications necessary to increase pliability and yield, eliminate nutritional additives, maximize feedstock utilization, and improve contamination tolerance & phage resistance. MicroByre gives biomass conversion a truly competitive edge against petrochemical synthesis. MicroByre’s platform bridges the gap between the promising and the profitable in synthetic biology and bioengineering. A unique combination of resources and skills makes MicroByre a valuable potential partner for companies of all sizes and industries. They collaborate to define project scope to match a mutually agreeable business model, which could be a fee for service, license agreement, or joint development agreement.
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