Sanjay Shah at Theia Ventures has spent over three decades cycling between founding six tech startups, running large P&Ls, and investing—including currently building a new Generative AI venture—which gives him an unusually complete view of the startup journey from all sides. As a former COO at Wadhwani Foundation focused on entrepreneurship programs at national scale in India and Southeast Asia, he thinks about job creation and founder pipelines rather than just individual deals, and he actively works to back companies that can improve the structural environment for entrepreneurs.
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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Sheets they're Fund is in
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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
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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
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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
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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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