Bengaluru-based Transition VC is gearing up to launch a $150 million international fund in 2026 to support energy transition startups. This fund will be the firm's second after their successful Rs 400 crore fund, with a focus on larger investments and follow-on opportunities. Transition VC has already invested in startups like EMO Energy, Charge Zone, and Protonas, emphasizing the mobility sector. The firm's upcoming fund aims to invest in 25 to 30 energy transition startups, with a strong interest in long-duration energy storage technologies like flow batteries and thermal storage. Additionally, Transition VC announced the establishment of an accelerator, Faraday Electrochemical Energy Labs (FEEL), to mentor and support startups in the energy transition domain. This initiative aligns with India's ambitious target of achieving 500 gigawatts of renewable energy capacity by 2030 and becoming a global leader in green hydrogen production. The firm's positive sentiment towards hydrogen and renewable energy reflects the growing momentum in the sector globally.