# Transition

Transition is a Venture Capital based in Gilbert, United Kingdom.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Gilbert, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** transition.vc
- **LinkedIn:** https://www.linkedin.com/company/transition

## About

Transition is an SEC-registered investment adviser in Gilbert, AZ, registered since 2018. The firm manages approximately $301 million in regulatory assets. It has 7 employees and 5 investment advisers.

## Sectors

- Gaming
- Enterprise Software
- Digital Health
- ClimateTech
- Web3

## People

- David Helgason — Co-Founder & Partner
- Ari Helgason — Co-Founder & Partner

## Questions

### Who runs investment decisions at Transition?

Investment decisions are led by David Helgason, the co-founder of Unity Technologies, and his brother Ari Helgason. The two partners built the firm to leverage David's deep operating experience scaling a global technology platform. They run a concentrated decision-making process typical of a lean partnership structure.

### How is Transition related to Unity Technologies?

Transition was co-founded by David Helgason, who previously founded and led Unity Technologies as CEO for over a decade. The venture firm is entirely separate from Unity as a corporate entity, but Helgason's reputation and network from building Unity define the fund's access to deal flow and its ability to advise portfolio companies on scaling technical products.

### Which geographies does Transition invest in?

The firm invests across Europe with a primary emphasis on the United Kingdom and the Nordic region. David Helgason's Icelandic roots and long operating history in Copenhagen and London inform this geographic concentration, though the mandate allows for opportunistic investments elsewhere on the continent.

### Does Transition participate in fund commitments or only direct deals?

Transition operates as a direct investment vehicle, not a fund-of-funds. The firm deploys capital as a lead or co-investor directly into startup equity rounds. There is no public record of the firm making commitments into other venture funds.

## Related profiles

- [Transhuman Capital](https://altss.com/profile/transhuman-capital)
- [Transition Equity Partners](https://altss.com/profile/transition-equity-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/transition

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