Transition Ventures lands $150M Fund II with Olix, Applied Atomics and Seneca on the portfolio

The Next Web

The Next Web

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May 28, 2026

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Transition Ventures lands $150M Fund II with Olix, Applied Atomics and Seneca on the portfolio

Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a 150m second fund, bringing the platform’s assets under management to over 300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit at the intersection of AI and the physical world: power, robotics, [] This story continues at The Next Web

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