This $150m climate fund is betting on data centres: 'We need the AI revolution to be as sustainable as possible'
15 Jun 2026
17:00
Transition Ventures closed its second fund last month, raising $150m on a thesis that now stretches beyond conventional climate tech.
The London firm is backing AI chips and small nuclear reactors alongside its more familiar climate plays – and argues the energy demands of AI make that a logical, not a contradictory, position.
"The genie's out of the bottle – now what we need to do is ensure the AI revolution is as sustainable as possible," partner Kristian Branaes tells Impact Loop.
The London firm is backing AI chips and small nuclear reactors alongside its more familiar climate plays – and argues the energy demands of AI make that a logical, not a contradictory, position.
"The genie's out of the bottle – now what we need to do is ensure the AI revolution is as sustainable as possible," partner Kristian Branaes tells Impact Loop.