altM ↗

Turns agricultural and industrial biomass into specialty chemicals and materials. Its altMorph thermochemical process uses heat-driven chemistry to make products including binders, silica, rheology modifiers and cellulosic pulp, rather than relying on a fermentation process.

Akron AI ↗

Makes electronically commutated fans, air-quality sensors and building-control systems. EC motors use electronics to control speed efficiently; the products target ventilation and energy use in commercial and industrial buildings.

VoltSeal ↗

Builds battery energy-storage systems for commercial and industrial sites. Its software schedules stored electricity to reduce peak grid charges, shift solar power to later hours and reduce diesel-generator use.

DashamLabs ↗

Develops flexible silica-aerogel insulation sheets for industrial equipment, mobility and other thermal-management uses. Aerogel is a very porous, lightweight material that slows heat transfer; the company focuses on making it easier to manufacture and install.

Novyte Materials ↗

Builds AI tools for materials research, including experimental design, recipe discovery, synthesis planning, optimisation and scale-up. The platform combines computational models with laboratory work; it is not proof that every suggested material has been manufactured.

Manager-linked novyte.in redirects to the current novyte.ai site.

Climitra Carbon ↗

Converts waste biomass into industrial bio-coal and biochar. Bio-coal can replace fossil inputs in some industrial processes, while biochar can store carbon; product performance and emissions figures on the company site remain company claims.

Optimist ↗

Air-conditioning company previously described by Theia as OctoLife Climate Solutions. Current brand Optimist sells inverter split ACs with a micro-channel heat exchanger, energy tracking and diagnostic features. Theia lists the current brand in Past Portfolio, not under Exits.

Optimist identity matched through Arkam’s Octolife portfolio page and Theia’s older OctoLife announcement. Past Portfolio does not itself mean exited.

Probus ↗

Provides communications devices, sensors and analytics for smart electricity meters, solar monitoring and grid integration. Connects physical energy assets with software for monitoring and control.

Exponent Energy ↗

Develops a coordinated battery-and-charger system for rapid-charging electric vehicles. Its current site advertises 15-minute charging using lithium-iron-phosphate cells; charging times depend on the compatible vehicle and charging system.

Canvaloop ↗

Uses a proprietary process to turn agricultural and bast-fibre waste into textile-grade fibres and yarns. Products include hemp-, flax-, banana- and pineapple-derived fibres for existing textile manufacturing.

Metastable Materials ↗

Recycles lithium-ion battery waste using its Integrated Carbothermal Reduction process. Heat and carbon-based reduction recover metals in commodity forms; company claims about process economics and environmental performance are not independent validation.

Knonik ↗

Builds data infrastructure for training robots, covering dataset collection, curation, quality checks, annotation and delivery to training computers. It is software infrastructure for physical intelligence, not a robot manufacturer.

Sarla Aviation ↗

Develops Shunya, a hybrid-electric vertical-takeoff aircraft for passenger and cargo transport. Its current site describes electric urban trips plus longer-range hybrid operation. These are design and development claims, not evidence that commercial passenger service has begun.

Lemnisca Bio ↗

Combines fermentation experiments, machine learning and reactor physics to model biomanufacturing. Its digital-twin approach simulates a biological production process to help teams choose recipes, transfer them to larger reactors and monitor production.

EarthSync ↗

Software for renewable-energy project planning, power procurement, bidding and plant operations. Combines engineering and financial models with forecasting and scheduling tools; it is energy software rather than a battery or power producer.

EdgeGrid ↗

Energy-management and shared-energy platform for buildings and other users. Links utility data, smart meters and efficiency actions with energy services; it is not presented as a novel battery-chemistry company.

Varaha ↗

Develops and measures carbon-removal projects with smallholder farmers, including regenerative agriculture, biochar and other land-based methods. Theia places this company in its Exits section; no exit date or transaction value is supplied.

Explicitly under Exits in the manager’s visual layout. No exit timing or return is inferred.