Theia Ventures Fund I

India

Pre Seed

About Theia Ventures Fund I

Climate Tech, Energy Transition, Deep Tech, Decarbonization, Circular Economy, Sustainability. First close October 2025, target corpus $60M. Pan-India investments.

Investment Focus

Location / RegionIndia

Funding StagePre Seed

Industry Focus

Circular Economy

Climate Sustainability

Deep Tech

Energy Tech

Investor Signals Profile

active

Sweet Spot

Deep-tech founder, India-rooted, category-creating, global ambition

deep tech

industrial decarbonization

advanced materials

AI & circular systems

power & industrial systems

Bullish Signals

Portfolio: Sarla Aviation, Climitra, Novyte, Lemniscaexternal

Hands-on pre-investment due diligenceexternal

Backs vision-stage deep-tech foundersexternal

Meets advisors, customers before investingwebsite

Strategy refinement support pre-dealwebsite

Founders cite hands-on, patient partnershipwebsite

$30M Fund 1 — BII anchor, first close donetwitter

Led Novyte pre-seed — AI materials discoverytwitter

Agri & circular = underfunded, high-return thesistwitter

Runs 'Unheated Podcast' — ecosystem buildertwitter

Lemnisca: AI-native fermentation optimization platformtwitter

Novyte: Generative AI + physics for R&D speeduptwitter

Soil conservation & agri-future backingtwitter

Hiring marketing & partnerships lead — expansion modetwitter

Phnx Materials featured: coal ash → clean cementtwitter

AirZyme portfolio: bio-DAC carbon removal techtwitter

Ecosystem focus: partners with GigaScale, Royal Insttwitter

Contrarian Signals

India-centric — limits Western deal flowexternal

Hard-to-abate sectors = long time horizonsexternal

Fund 1 only at first close — early stage fundtwitter

Founder Do's

Show deep technical insight & domain edge

Demonstrate first-hand problem understanding

Build category-defining, foundational infrastructure

Have global ambition from India base

Prove proprietary tech shifts industry economics

Founder Don'ts

No me-too market entrants

Don't hide behind data room only

Avoid incremental, non-disruptive tech

Key GPs & Partners

Priya Shah

Founder/GP

impact-focusedclimate thesismedia-active

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Fund Overview

Fund Size$30M

Saves1

Website

Key People

Priya Shah, Rohit Anand, Bhavik Vasa

Priya ShahFounder/GP

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