Fund II final close · Business services
Transition Ventures Fund II closes at $150 million
The second vehicle backs early-stage technology for energy, industry and other physical systems.
Fund II brings together 35 limited partners, including nine new investors and renewed commitments from most Fund I backers. The close takes the manager’s total assets under management above $300 million.
Transition’s strategy applies software, hardware and AI to industries where technical development must translate into physical deployment. Its team combines investing experience with company-building backgrounds, including Unity founder David Helgason. The firm invests from inception through Series A.
Use of funds
Invest in early-stage companies applying AI and technology to physical industries
Funding history
Fund II final close · This round$150M