TickerTain
TickerTain
NewsroomShortsPortfolioConvergence
NewsroomShortsPortfolioConvergence
←
▶ 7:09 · $OLEX · Transition Ventures backs photonics computing startup Olex targeting biggest market category
episode briefing
Scaling Europe

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

2026-05-27 · 1 company · 6 thematic
sentiment
1 bull0 bear0 neu
speakers
david helgason

Co-founded and led Unity as CEO through IPO ($13B valuation, $2B+ revenue). After Unity, became angel investor then co-founded Transition Ventures, a $150M Fund II focusing on hard tech rewriting industrial systems across energy, compute, and manufacturing.

quote
“Yeah we got to invest in Olex early. I mean early it's a very young company still. And uh you know, it's just a uh it's incredible that that the the talent is assembled around him. Uh this kind of relentless organization that works unbelie…”
—david helgason
now playing · $OLEX
$OLEXbullish· high· posdavid helgason
Transition Ventures backs photonics computing startup Olex targeting biggest market category
Olex is building photonics-based computing chips with a relentless, deeply technical founder (Thiel fellow) assembling top talent from SpaceX and ASML to attack the largest market…