Fundraising Fox

Transition VC

Venture capital

Bengaluru · Seed–Series A · 29 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

Transition VC positions itself as India's first energy-transition focused venture fund, investing in engineering-led companies building technologies to power, move, build, and secure India's next energy era. It targets areas including energy storage, mobility, industrial decarbonisation, and alternate fuels. The fund argues climate-aligned companies can win on both impact and financial returns. It deliberately constructs its portfolio so each company occupies a distinct technical wedge of the energy stack, generating synergies rather than overlap. Founders benefit from shared supplier knowledge, faster engineering feedback loops, and cleaner enterprise access, creating a network effect intended to accelerate scale, de-risk execution, and strengthen returns.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Bengaluru, IN
Leads rounds
Follows
Instruments
Equity
Founded
2022
Last 12 months
2 investments
Tracked investments
22

Team · 29 people

from the firm's website & curated & public directories
Aarti Kumari· Visualizer
Abhinaya Venkatesh· Operations Associatein
Aditi Manjunath· Marketing & Events Associate
Anavi Panjwani· Portfolio - Investments Fellow
Annanya Mohan· Operations Analyst
Anuj Khanna· Sector Expert and Advisor
Bhoomika Jain· Sourcing Specialistin
Dr Arvind Parthasarathy· Sector Expert and Advisor
Dr. Ingolf Gröning· Sector Expert and Advisor
Dristi Kedia· Investor Relations Analystin
Manasvi Patel· VP - Marketing and Communicationsin
Mustafa Wajid· Sector Expert and Advisor
Naresh V Narasimhan· Sector Expert and Advisor
Rajesh Doshi· Sector Expert and Advisor
Ravin Mirchandani· Sector Expert and Advisor
Saloni Pattnaik· HR Managerin
Stenson Sajee· Director - Investor Relationsin
Tejas Goenka· Sector Expert and Advisor
Vaibhav Shrivastav· Investment Analystin
Vishvas Shah· Investment Analystin
Yashodhara Bakliwal· VP - Portfolio Investmentsin

What they invest in

from 10 of 22 portfolio companies

Cleantech ×5Energy ×4IoT ×4Advanced Manufacturing ×3Climate Tech ×3Hardware ×3AI & Machine Learning ×2Cloud Computing ×2

HQs:India×6United States×1

Investments · 22 tracked

founders shown can be your intro path
Applied Atomicswixsite.comMar 2026 · $8.3M

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

Bumblebeebumblebeespaces.comin

Robotics furniture startup designed to change the way of living.

Co-investorsCanaan PartnersLoup VenturesUpHonest CapitalVU Venture PartnersBloomberg BetaIIMA Ventures+3 more

CIMwarecimware.inin

CIMware is a deep-tech startup developing Composable Disaggregated Infrastructure (CDI) and a Smart ToR Switch aimed at improving efficiency and sustainability in modern data centers.

CleantechCloud ComputingDeep TechHardwareBangalore, IN

Rajiv Ganth(CEO)inAnand Raghav(CFO)in

Comminentcomminent.comin

Builds standards-based RF mesh stack for smart meters and large-scale IoT infrastructure with high data rates and self-healing capabilities.

Dynoltdynolt.com

Develops software-defined power converters for EV charging, solar inverters, and battery energy storage systems.

EMO

Designs and manufactures immersion-cooled battery packs with integrated thermal management systems for mobility and energy storage applications.

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 TyagiRahul Patel

Co-investorsRandev Ventures Family Office

Fitsolfitsol.greenin

Combines carbon accounting SaaS platform with on-ground decarbonization services including logistics optimization and waste solutions.

Foundriesfoundries.ioin𝕏Feb 2026

Foundries.io develops a cloud-native DevSecOps platform for IoT and edge embedded devices, enabling OEMs to secure, configure, and update connected hardware across industries.

Cloud ComputingDeveloper ToolsIoT

Co-investorsBackedCrane Venture Partners

Greenfigreenfi.aiin𝕏

GreenFi is an ESG compliance and due diligence software platform that enables financial institutions and corporates to identify, assess, and manage environmental, social, and governance risks using AI-powered analytics and global data.

AI & Machine LearningClimate TechEnterprise SoftwareFintechSaaS

GreenTech MWgreentechmw.comin

GreenTech Midwest offers predictive maintenance and data analytics services for wind power assets, helping operators reduce unexpected outages and extend equipment lifespan through advanced diagnostics and root cause analysis.

AI & Machine LearningCleantechClimate TechEnergy

Helionis Labshelionislabs.in

Designs and manufactures high-performance Insulated Metal Substrates using proprietary ceramic-filled dielectric for thermal management in LEDs and power electronics.

Hyd Genhyd-gen.com
I Foundriesi-foundries.com

Intrinsic Foundries engineers biological systems to convert carbon emissions into valuable feedstock, targeting industrial sectors where carbon is generated in high volumes.

Advanced ManufacturingBiotechCircular EconomyCleantechClimate TechBoston, US

Shreyansh Jain(Founder, Director & Owner)Cesar Tapia(Co-Founder)

Intrinsic Foundries

Uses microalgae-based carbon utilization to capture CO₂ from industrial emissions and convert it into high-value biochemicals.

Matel.Comatel.co.in

MATEL designs, manufactures, and tests high-efficiency PMSM motors, drives, motor controllers, and geartrains for industrial applications such as textile, pumps, HVAC, and compressors, as well as EV powertrain solutions for two-, three-, and four-wheelers, buses, and commercial vehicles.

EnergyHardwareMobility & Transportation

Prithuprithu.earth

Develops regenerative agriculture and agroforestry-led carbon projects with farmers to generate nature-based carbon credits.

Promethean

Builds modular waste-heat recovery and high-temperature heat pump solutions with IoT diagnostics for industrial decarbonization.

Prometheanenergyprometheanenergy.comin

FlowTherm is a waste heat recovery system that captures thermal energy from industrial exhaust streams and converts it to usable hot water for heating purposes.

Advanced ManufacturingCleantechEnergyIoT

Protonasprotonas.tech

Develops cost-efficient PEM fuel cells with proprietary stack design for modular, long-duration backup power systems.

WorkOnGridworkongrid.comin𝕏

Grid is an operations management platform that provides structured data collection and process visibility through industry-level templates.

Data & InfrastructureEnterprise SoftwareSaaSBengaluru, IN

Aayush Agrawal(Founder)Shaurya Poddar(Founder)

ZeroDragzerodrag.in𝕏

Zerodrag manufactures electronic speed controllers and drone components for hobbyist and professional drone builders, based in India.

Advanced ManufacturingDeep TechHardwareIoTRoboticsNot stated, IN

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Transition VC made?
Transition VC has 19 tracked investments.
What stage does Transition VC invest at?
Transition VC invests at the Seed, Series A stages.
What sectors does Transition VC focus on?
Transition VC focuses on Cleantech, Climate Tech, Deep Tech, Energy, Mobility & Transportation, New Materials.
Where is Transition VC located?
Transition VC is headquartered in Bengaluru, IN.
Does Transition VC lead rounds?
Transition VC typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Shantanu Chaturvedi From Transition VC - Fund Of The Day - EP5 | Startup September 2023

Headstart Network · Shantanu Chaturvedi

Inside the Investment 3: Albatross Energetics

Transition VC

The New Energy Order | Energy, Geopolitics and Growth

Transition VC

Inside The Investments E1: ZeroDrag

Transition VC

Building Next Generation Hydrogen Fuel Cell! Protonas

Transition VC

Driving the Future! Matel's High Efficiency Motors and Smart Controllers

Transition VC

Similar investors

Featured in lists