Fundraising Fox

Transition

Venture capital

London · Seed–Series A · 18 people tracked

Also known as TRANSITION GLOBAL MANAGEMENT LIMITED

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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 Aug 25, 2026.

Stage
Seed–Series A
HQ
London, GB
Leads rounds
Follows
Instruments
Equity
Founded
2021
Last 12 months
2 investments
Private fund assets
$189M
VC funds
2
Tracked investments
10

Team · 18 people

from the firm's website & public directories

What they invest in

from 3 of 10 portfolio companies

AI & Machine Learning ×2Deep Tech ×2Energy ×2Cleantech ×1Enterprise Software ×1Hardware ×1Semiconductors ×1Space Tech ×1

HQs:Sweden×1United States×1

Investments · 10 tracked

founders shown can be your intro path
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)Paul Keutelian(Executive Officer, Director)Mark Lambert(Executive Officer, Director)

Co-investorsAlpaca VCCorigin VenturesUnruly Capital

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+7 more

Applied Atomics

Builds vertically integrated modular nuclear plants delivering firm, clean baseload power for data centers and heavy industry.

Invisix
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 TechSemiconductors

James Dacombe(Founder)in

Co-investorsBackedCrane Venture PartnersFounder CollectiveHummingbird VenturesSovereignAITransition Global+5 more

Seneca

Builds AI, robotics, and autonomy for firefighting, starting with an autonomous rapid-response fire suppression drone system.

Co-investorsTransition Global

Skyeskye.energyin

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)Andreas Lundgren(COO)Linus Frosteryd(CTO)

Co-investorsCourse Corrected VC Holding IIHAWKTAILSondo CapitalTransition Global

To be announced
Upway
Watershed

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Transition made?
Transition has 8 tracked investments.
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, Crane Venture Partners, Founder Collective, among 7 tracked co-investors.

Media · Podcasts & interviews

featuring the team

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

Slush · David Helgason

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

MCJ · David Helgason

Images

Transition photo

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