/Investor DB

Transition

Venture capital

London · Seed–Series A · 18 people tracked

Also known as TRANSITION GLOBAL MANAGEMENT LIMITED

Find your way into Transition

11,880 people in our graph share verified history with the Transition team — schools, employers, funds. One of them is your warm intro.

Greg Martinunlockedknows David Pacák · together at TrueBridge Capital Partners (overlapped)
knows the team · via TrueBridge Capital Partners
×4knows the team · via CPP Investment Board
×2knows the team · via Atomico
×2knows the team · via YC W10
knows the team · via PICUS CAPITAL
✨ Fox Verdict
Sign up to see your fit

Investment thesis

Transition invests in founders building generational, full-stack companies that combine hardware, software, and frontier science to reshape the physical world. The firm believes the defining companies of the coming century will 'mold atoms, not just bits,' spanning AI, frontier science, new energy, and robotics. It backs pragmatic, principled founders early, before success is obvious, offering deep partnership through complexity. Transition runs a concentrated portfolio in which every founder receives support from the full team. Its partners are former founders and operators who have scaled billion-dollar companies, and they emphasize showing up with care, conviction, and hands-on involvement in building companies in the real world.

Source: firm website, verified Sep 29, 2026.

Stage
Seed–Series A
HQ
London, GB
Leads rounds
Follows
Instruments
Equity
Founded
2021
Last 12 months
3 investments
Private fund assets
$189M
VC funds
2
Tracked investments
13
Unicorns
1

Team · 18 people

from the firm's website & public directories

Founder mafia

2 people who came through Transition went on to found or lead other companies.

What they invest in

from 10 of 13 portfolio companies

AI & Machine Learning ×6Deep Tech ×5Energy ×4Cleantech ×3Climate Tech ×3Hardware ×3Enterprise Software ×2Mobility & Transportation ×2

HQs:United States×4France×1United Kingdom×1India×1Netherlands×1Sweden×1

Investments · 13 tracked

founders shown can be your intro path

By year:2026 · 22025 · 12024 · 14 dated

Applied Atomicsapplied-atomics.cominMar 2026 · $8M

Applied Atomics develops space launch and test infrastructure for commercial rocket companies.

Deep TechEnergyHardwareSpace TechAnchorage, US

Ben Kellie(CEO)inPaul Keutelian(Executive Officer, Director)inMark Lambert(Executive Officer, Director)in

Co-investorsAlpaca VCCorigin VenturesE2MC VenturesUnruly CapitalMorpheus Ventures

Applied Atomicswixsite.comMar 2026 · $8M

Applied Atomics develops, builds and operates 100 MW-1 GW light-water nuclear plants co-located with industrial customers.

Ben Kellie(Founder)in

Co-investorsApollo Informal InvestmentElevate VenturesHEC Paris IncubatorInnovation UBCInventures Investment PartnersLotte Ventures+8 more

Electricity Mapselectricitymaps.comMay 2024

Electricity Maps builds a real-time electricity data platform that provides granular carbon emissions data to help organizations decarbonize their energy usage.

AI & Machine LearningCleantechClimate TechData & InfrastructureEnergySaaS

Olivier Corradi(Founder and CEO)in

Co-investorsBLN CapitalRevent

EMO Energyemoenergy.inin𝕏

EMO Energy develops an integrated energy management system spanning battery engineering, thermal management, battery intelligence, and charging infrastructure for India's commercial electric vehicle market.

CleantechEnergyIoTMobility & Transportation

Sheetanshu TyagiinRahul Patelin

Co-investors100XRandev Ventures Family OfficeTransition VC

Invisixinvisix.comin

Invisix develops soft x-ray metrology tools that use shortened illumination wavelengths to measure 3D semiconductor structures too small for optical metrology.

Deep TechHardwareSemiconductorsEindhoven, NL

Christina Porter(Co-founder & CEO)inSietse van der Post(Co-founder & CTO)inRoald Dogge(COO)inHens van Ooijen(CFO)in

Co-investorsHitachi Venturesimec.xpand

OLIXolix.comin𝕏

Olix develops a novel compute architecture integrating SRAM with photonics to enable more efficient AI model deployment, addressing throughput, cost, and latency limitations of current GPU memory systems.

AI & Machine LearningDeep TechSemiconductorsLondon, GB

James Dacombe(Founder)in

Co-investorsBackedCrane Venture PartnersFounder CollectiveHummingbird VenturesLocalGlobePhoenix Court+6 more

Senecaseneca.com

Seneca develops autonomous drone systems that use AI and computer vision to detect and suppress fires, deploying aerial foam suppression from portable, modular electric copters.

AI & Machine LearningClimate TechDeep TechHardwareRobotics

Stu

Co-investorsConvective CapitalDCVC (Data Collective)First Round CapitalGood FriendsNextView VenturesTransition Global+1 more

Skyeskye.energyinDec 2025

Skye develops technology for managing energy and flexibility within industrial processes, drawing on expertise in control systems, industrial automation, and energy market trading.

AI & Machine LearningCleantechEnergyEnterprise Software

Tor Espen Steinvik(CEO)inAndreas Lundgren(COO)inLinus Frosteryd(CTO)in

Co-investorsbyFoundersCourse Corrected VC Holding IIHAWKTAILSondo CapitalTransition GlobalEmblem+1 more

Upwayupway.fr𝕏

Upway, founded in 2021, sells refurbished electric bikes that are inspected and repaired by its in-house mechanics, sold at reduced prices with a 12-month warranty and home delivery.

Circular EconomyE-commerceMarketplacesMobility & TransportationParis, FR

Toussaint Wattinne(Founder)inStéphane Ficaja(Founder)in

Co-investorsCathay InnovationFuture Positive CapitalKorelya CapitalNordstarOriginsSequoia Capital+8 more

Watershedwatershed.comin

Watershed builds a sustainability AI platform that combines climate science and emissions data with AI to help companies measure, report, and reduce their environmental impact.

AI & Machine LearningClimate TechEnterprise SoftwareSaaSSan Francisco, US

Taylor Francis(Co-founder)inAvi Itskovich(Founder)inChristian Anderson(Founder)in

BoardJohn Doerr(Director)inPatrick Grady(Director)

Co-investorsKleiner PerkinsSequoia CapitalGreenoaksAglae VenturesDesigner FundEnergize Capital+12 more

ZETA SURGICALzetasurgical.cominSeed

ZETA Surgical makes a cranial navigation system for neurosurgical procedures including ventriculostomy, brain biopsy, and transcranial magnetic stimulation in operating rooms and interventional suites.

AI & Machine LearningDeep TechHealthtechMedical DevicesBoston, US

Jose Maria Amich(Founder/CEO)inRaahil Sha(Founder/CTO)inDr. William Gormley(Co-founder)Jose Maria Amich Manero(Executive Officer, Director)

BoardEmanuel Zareh(Director)

Co-investorsArtesianBrincEmles Venture PartnersParticleTSVCY Combinator+6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

To be announced

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Transition made?
Transition has 13 tracked investments, including 3 dated in the last 24 months.
What stage does Transition invest at?
Transition invests at the Seed, Series A stages.
What sectors does Transition focus on?
Transition focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Deep Tech, Energy, Hardware, Mobility & Transportation, New Materials, Robotics, SaaS.
Where is Transition located?
Transition is headquartered in London, GB.
Does Transition lead rounds?
Transition typically participates in rounds rather than leading them.
Who does Transition co-invest with?
Transition most often shares deals with Transition Global, Cathay Innovation, Founder Collective, among 20 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Transition Ventures raised $150m Fund II: David Helgason, Co-founder at Transition Ventures

Scaling-Europe · David Helgason

The Inevitable Transition | David Helgason (Transition) with Nico Rosberg (Rosberg Ventures)

Slush · David Helgason

David Helgason, co-founder of Unity talks about why he's backing the Sustainable Games Alliance

Sustainable Games Alliance · David Helgason

Climate Investing with David Helgason, Transition - My Climate Journey #podcast

MCJ · David Helgason

Sit down with entrepreneur, investor and Unity billionaire David Helgason

venturecuptv · David Helgason

Images

Transition photo

Similar investors

Featured in lists