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AI-focused VC firm Activate raises $105 million for its maiden fund to support Indian AI companies from early stages through growth.

PRIVATESep 16, 2026•about 3 hours ago

Amount Raised

$105 Million

Round Type

Seed

BerkeleyEducationNon Profit

Description

Activate, founded by Haptik cofounder Aakrit Vaish, has successfully closed its maiden fund at $105 million. The fund includes an $85 million early-stage component and $20 million for growth-stage investments. This fundraising comes less than a year after the firm's launch. Activate aims to back Indian AI companies across various stages of development.

Company Information

Company

Activate

Location

Berkeley, California, United States

About

We empower scientists to reinvent the world by bringing their research to market. Founded in 2015, Activate empowers scientists to reinvent the world by launching startups to address climate change and other global challenges. Working between government, philanthropy, universities, and the private sector, Activate transforms scientists into high-impact entrepreneurs through the Activate Fellowship, a two-year immersive experience that equips science entrepreneurs with the skills, networks, infrastructure, and funding they need to quickly and effectively bring their groundbreaking research to market. Activate is a 501(c)(3) nonprofit and does not charge any fee nor equity for fellows to participate. Activate’s entrepreneurial fellowship model originated at Cyclotron Road, the first U.S. Department of Energy's Lab Embedded Entrepreneurship Program (LEEP) started at Lawrence Berkeley National Laboratory, and the founding Activate partner. Activate supports fellows in communities across the U.S.: Activate Berkeley, Activate Boston, Activate New York, Activate Houston, and Activate Anywhere. Learn more at Activate.org.

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