Activate Capital led a $27m Series D funding round in PosiGen.

Activate Capital, a growth equity partner to companies building smart, sustainable systems across the energy, transportation, and industrial technology markets, led a $27m Series D funding round in PosiGen, residential solar, energy efficiency and energy education providers for low-to-moderate income families with participation from Kayne Anderson and SJF Ventures. "PosiGen couldn't be more pleased to complete our Series D equity raise with these seasoned investors joining the company as true partners. Each brings deep experience to the table, not just in the renewable energy sector but also with respect to helping high-growth companies reach their potential. At this inflection point in PosiGen's own growth story, I am confident we have now assembled an investor group that can help us fulfill our mission to our customers across the national footprint we are seeking to achieve," Tom Neyhart, PosiGen CEO.