Piyush Mathur brings an unusual dual perspective as both a current operator building cleantech companies (Co-founder & MD of Odyssey Energy Solutions, former CEO of Simpa Networks) and a Venture Partner at Theia Ventures, allowing him to apply real-time operational experience to early-stage climate investing decisions. His deep specialization in mini-grids and distributed energy across emerging markets, combined with experience leading 50+ investment and M&A transactions across five continents, gives him granular expertise in last-mile energy access and cross-border deal structuring that most India-focused climate VCs lack.
About their Fund
Sectors
Climate, Energy, Deeptech / Hardware, Materials, Transportation
Rounds
Pre-Seed - Seed
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Notable Investments
Theia Ventures is one of India's first specialist early-stage funds explicitly focused on AI, deeptech, energy transition, and decarbonisation, backing technologies that transform industrial systems and decarbonise heavy industry, manufacturing, materials, mobility, and supply chains. The fund has an unusually global LP base for a small India-based climate fund, with backing from British International Investment, Germany's Allocator One, US-based Cisco Foundation, Australia's Vitality Capital Partners, Japan's MOL PLUS, and prominent Indian family offices, positioning it as a cross-border bridge between global climate capital and Indian industrial decarbonisation.
Notable Fund
Investments
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Popular Investors
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Active in
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Links
Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
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Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
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2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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