Bright Capital

Bright Capital is a venture capital firm, notable for its merchant venturing approach and global reach thought the firm was originally based in Moscow, Russia. Bright Capital invests in a broad range of breakthrough and disruptive technology companies. It built its portfolio in the energy, cleantech, efficiency, water, advanced materials. It also invests in TMT (telecom - media- technology) sector through its Digital fund.

Mikhail Chuchkevich

Managing Partner

SK

Stepan Kolyukaev

Investment Manager

Anzhelika Rogacheva

Associate Partner, CFO and COO

Boris Ryabov

Managing Partner and Co-Founder

44 past transactions

BIScience Inc.

Series C in 2015
BIScience Inc. provides business intelligence solutions for media buyers, sales managers, affiliates, and Internet professionals in online media and advertising. The company offers AdClarity Dashboards to understand the competitors’ digital strategy of clients; AdClarity CI, a solution that allows users to empower in programmatic digital advertising coverage across desktop, mobile/tablet, video, and in-applications; PanelOS, a panel infrastructure solution that allows users to deploy panel data collection; and GeoSurf, a proxy platform for enterprises. Its solutions enhance clients’ marketing operations in the areas of advertising display, search, social media, affiliate marketing, and mobile channels. The company was founded in 2009 and is based in Tel Aviv, Israel with an additional office in New York, New York.

Upstream Commerce

Venture Round in 2013
Upstream Commerce Ltd. provides cloud-based automated competitive pricing and product analytics solutions for online retail applications. It offers pricing and product intelligence solutions. The company offers solutions which provides a range of aggregated information on pricing, pricing fluctuations, and availability; latest updates on sales, clearances, and promotions; competitors assortment with important products highlighted; and pricing opportunities, such as underpriced products. Its solutions help users to proactively adjust their pricing to the appropriate levels for market conditions. The company serves online merchants, consumer-product manufacturers, buyers and professionals, merchandising, executives, and marketing and sales managers. Upstream Commerce Ltd. was founded in 2010 and is based in Tel Aviv, Israel. As of September 25, 2018, Upstream Commerce Ltd. operates as a subsidiary of Flipkart Online Services Pvt. Ltd.

DoctorAtWork.com

Venture Round in 2014
Doctor At Work is the world's largest network of Russian-speaking doctors. Doctor At Work is a winner of "Start-up of the year 2011" HSE, one of the leaders of the rating of "30 most promising startups in Russian internet" Pruffi, winner of “Best Media Entrepreneur in Russia in 2011". Site provide full range of communication services for healthcare institutions, pharmaceutical companies who is looking for access to the handpicked group of practicing physicians.

Cloudmach, Inc.

Series B in 2012
Cloudmach, Inc. provides a cloud platform for developing and publishing 3D Web-applications. It offers porting, 3D gaming, 3D virtual world, virtual environment, virtual helpdesk, 3D virtual tour, 3D visualization and simulation, virtual store, advertising, and eLearning solutions through its cloud platform. The company was founded in 2008 and is based in Mountain View, California.

SuVolta

Series E in 2012
SuVolta, Inc. develops and licenses CMOS semiconductor technologies that significantly reduce the power consumption of integrated circuits (ICs). Excessive power consumption is generally regarded as the biggest challenge in semiconductors today, affecting all product categories – from high-performance servers to mobile phones to portable consumer electronics. The PowerShrink™ platform enables semiconductor companies to cut chip power in half without sacrificing performance, losing functionality, or having to migrate to more advanced – and costly – semiconductor process node.

QM Power

Venture Round in 2012
QM Power, Inc. manufactures and sells magnetic circuits and electronic controllers for electric motor, generator, and actuator markets in the United States and internationally. It offers synchronous and electronic start motors, and fan motors for various commercial refrigeration and HVAC applications, including reach-in display cases, vending machines, ice machines, ERV-HRVs, VAVs, furnace fans, and agricultural ventilation. The company also provides financing and services programs. It offers its products online. QM Power, Inc. was founded in 2006 and is based in Kansas City, Missouri.

CardioDx

Private Equity Round in 2012
CardioDx, Inc., a molecular diagnostics company, develops tests for coronary artery disease (CAD), cardiac arrhythmia, and heart failure. It develops Corus CAD, a blood test that helps primary care clinicians and cardiologists to assess whether or not non-diabetic patient’s chest discomfort or other symptoms are due to obstructive CAD. The company serves customers in the United States. CardioDx, Inc. was incorporated in 2003 and is based in Redwood City, California.

Agrivida, Inc.

Series D in 2015
Agrivida, Inc., an animal health and nutrition company, develops feed additives for poultry, swine, dairy and beef cattle, and aquaculture markets. The company offers nutrition solutions for monogastric and ruminant animals, and aquaculture. It offer GRAINZYME, a phytase feed additive for poultry sector. It also provides INzyme Enzymes that deliver regulated enzymes for detergents, oil and gas production, and food applications; and INzyme sugar feedstock advanced bio-based chemical and fuel production. Agrivida, Inc. was founded in 2003 and is based in Four Seasons, Missouri.

Quantenna Communications, Inc.

Private Equity Round in 2012
Quantenna specializes in providing Wi-Fi solutions. Founded in 2006, Quantenna has demonstrated its leadership in Wi-Fi technologies with many industry firsts in the market. Quantenna continues to innovate with the mission to perfect Wi-Fi by establishing benchmarks for speed, range, efficiency, and reliability. Quantenna takes a multidimensional approach, from silicon, a system to software for Wi-Fi networks, and provides solutions for OEMs and service providers worldwide.

Yuilop

Series A in 2012
Yuilop is a mobile social communication company that blends multiple conversations from a variety of channels.

Alion Energy, Inc.

Venture Round in 2010
Alion Energy, Inc., a renewable energy company, provides EPC and O&M services for utility scale photovoltaic power plants. The company offers optimized installations and automated cleaning services. It builds utility scale solar plants by using robotic installation technology and established construction industry practices. Alion Energy, Inc. was formerly known as SunPrint Inc. The company was founded in 2008 and is based in Richmond, California.

BIScience Inc.

Series B in 2015
BIScience Inc. provides business intelligence solutions for media buyers, sales managers, affiliates, and Internet professionals in online media and advertising. The company offers AdClarity Dashboards to understand the competitors’ digital strategy of clients; AdClarity CI, a solution that allows users to empower in programmatic digital advertising coverage across desktop, mobile/tablet, video, and in-applications; PanelOS, a panel infrastructure solution that allows users to deploy panel data collection; and GeoSurf, a proxy platform for enterprises. Its solutions enhance clients’ marketing operations in the areas of advertising display, search, social media, affiliate marketing, and mobile channels. The company was founded in 2009 and is based in Tel Aviv, Israel with an additional office in New York, New York.

Agrivida, Inc.

Series C in 2012
Agrivida, Inc., an animal health and nutrition company, develops feed additives for poultry, swine, dairy and beef cattle, and aquaculture markets. The company offers nutrition solutions for monogastric and ruminant animals, and aquaculture. It offer GRAINZYME, a phytase feed additive for poultry sector. It also provides INzyme Enzymes that deliver regulated enzymes for detergents, oil and gas production, and food applications; and INzyme sugar feedstock advanced bio-based chemical and fuel production. Agrivida, Inc. was founded in 2003 and is based in Four Seasons, Missouri.

NPTV

Venture Round in 2013
NPTV is a technology startup established in 2013. Headquartered in London, it maintains a large R&D center in Moscow. The company is focused on providing scalable, cost efficient platforms to partners and delivering innovative video solutions to customers.

Carritus

Venture Round in 2012
Carritus is an online supermarket store.

ODIN

Venture Round in 2011
ODIN is the leader in RFID software and solutions for healthcare, government, IT Assets and social media. ODIN's software is deployed on over 3,500 devices worldwide providing 99.9% accuracy based on physics of RFID. ODIN's EasyEdgeâ„¢ software is the only true operating system - the heartbeat of any RFID deployment. The EasyTAPâ„¢ software appliance with more than ten patents for its innovative algorithms is the central nervous system for RFID. Together they increase accuracy and scalability while reducing integration and support costs. Global corporations in fifty countries leverage ODIN's expert engineers and patented RFID software to achieve accuracy, speed, and visibility for their RFID deployments. ODIN's EasyConnect brings social media to life by connecting real world events and experiences with social media such as Facebook. The analytics and data mining available make targeted advertising 20-30 times more effective than social media demographic advertising. EasyConnect is also one of the fastest ways to build a strong fan base. What makes ODIN's software and solutions so accurate and easy to deploy is leveraging the scientists in ODIN Labs who test every major RFID device before it hits the market. ODIN Labs publishes the RFID Benchmark Seriesâ„¢ and RFID Pricing Guideâ„¢, the industry's most referenced performance and price analyses of RFID equipment. ODIN serves clients from world headquarters in Ashburn, Virginia, and other offices in Boston, MA, Dublin, Ireland and Budapest, Hungary with full-time staff in Toulouse, France. For more information, visit our website www.ODINRFID.com.

BIScience Inc.

Series A in 2012
BIScience Inc. provides business intelligence solutions for media buyers, sales managers, affiliates, and Internet professionals in online media and advertising. The company offers AdClarity Dashboards to understand the competitors’ digital strategy of clients; AdClarity CI, a solution that allows users to empower in programmatic digital advertising coverage across desktop, mobile/tablet, video, and in-applications; PanelOS, a panel infrastructure solution that allows users to deploy panel data collection; and GeoSurf, a proxy platform for enterprises. Its solutions enhance clients’ marketing operations in the areas of advertising display, search, social media, affiliate marketing, and mobile channels. The company was founded in 2009 and is based in Tel Aviv, Israel with an additional office in New York, New York.

Alta Devices

Private Equity Round in 2011
Alta Devices, Inc. manufactures single junction solar technology. It offers thin and flexible mobile power technology for use in unmanned systems, consumer electronics, sensors, automotive, remote exploration/power, wearables, and Internet of things applications. Alta Devices, Inc. was formerly known as Hanergy Acquisition Sub Inc. The company was founded in 2007 and is based in Sunnyvale, California. As of February 15, 2015, Alta Devices, Inc. operates as a subsidiary of Hanergy Hi-Tech Power (HK) Limited.

Aquion Energy

Series D in 2014
Aquion Energy is fundamentally­­ changing the economics of power generation, transmission and distribution by developing and commercializing cost-effective energy storage solutions that are safe, reliable, and sustainable from nontoxic components as simple as saltwater. Based on the research of Carnegie Mellon University Professor Jay Whitacre, Aquion's proprietary Aqueous Hybrid Ion (AHI™) battery overcomes the pitfalls of conventional energy storage technologies. AHI systems enhance the electrical grid by providing flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies.

Fotoshkola

Series A in 2012
Fotoshkola provides online photography training. The main project of the company is fotoshkola.net, RuNet online photography school, which is built with the use of Video + technology which combines video courses, theoretical materials, creative homework and analysis of students’ works. The company is based in Moscow, Russian Federation.

Auctionata

Seed Round in 2012
Auctionata | Paddle8 is an online auction platform specializing in art and luxury collectibles. As of February 29, 2017, Auctionata has announced it has ceased operations, declaring insolvency. The company had offices in Berlin, New York, London, Los Angeles, Rome, Zurich, and Madrid. Following the conclusion of its preliminary insolvency proceedings on February 28, 2017, Auctionata Paddle8 AG ceased its German operations. The subsidiaries Paddle8 in the US and Value-my-Stuff in the UK were sold and continue to operate.

Pentalum Technologies

Series A in 2010
Pentalum develops the SpiDAR: a revolutionary, cost effective, patent pending, wind LiDAR (Light Detection And Ranging) system, for remote sensing of wind. The system targets all three main wind farm applications: Wind resource assessment, Wind farm operation optimization and Wind forecasting. Pentalum is a privately held company, funded by VCs and headed by highly experienced entrepreneurs, professionals in optics, fluid mechanics and atmospheric remote sensing. Pentalum Technologies Inc. was incorporated in 2009 and is based in Rehovot, Israel.

Transphorm Inc.

Venture Round in 2011
Transphorm is a global semiconductor company that develops gallium nitride (GaN) products for high-voltage power conversion applications. Built on an industry-leading IP portfolio and over 300 years of combined GaN engineering expertise, Transphorm is delivering the highest performance and highest reliability GaN devices and best-in-class application-driven design support to a growing customer base. Transphorm is creating innovations that move beyond the limitations of silicon to capture 90% of today’s energy losses.

Billibox

Venture Round in 2013
BilliBox reads and stores retail receipts as data. It allows users to keep track of their expenses and provides them all the information about what, when and where they have bought, how much money they spent. BilliBox lets brands and retailers motivate consumers based on their purchasing habits and history.

Ener-G-Rotors, Inc.

Venture Round in 2012
Ener-G-Rotors, Inc. engages in the development and commercialization of drop-in appliance devices that convert low temperature waste heat into electricity. The company was incorporated in 2004 and is based in Schenectady, New York.

BIScience Inc.

Venture Round in 2016
BIScience Inc. provides business intelligence solutions for media buyers, sales managers, affiliates, and Internet professionals in online media and advertising. The company offers AdClarity Dashboards to understand the competitors’ digital strategy of clients; AdClarity CI, a solution that allows users to empower in programmatic digital advertising coverage across desktop, mobile/tablet, video, and in-applications; PanelOS, a panel infrastructure solution that allows users to deploy panel data collection; and GeoSurf, a proxy platform for enterprises. Its solutions enhance clients’ marketing operations in the areas of advertising display, search, social media, affiliate marketing, and mobile channels. The company was founded in 2009 and is based in Tel Aviv, Israel with an additional office in New York, New York.

CardioDx

Private Equity Round in 2011
CardioDx, Inc., a molecular diagnostics company, develops tests for coronary artery disease (CAD), cardiac arrhythmia, and heart failure. It develops Corus CAD, a blood test that helps primary care clinicians and cardiologists to assess whether or not non-diabetic patient’s chest discomfort or other symptoms are due to obstructive CAD. The company serves customers in the United States. CardioDx, Inc. was incorporated in 2003 and is based in Redwood City, California.

Epuramat

Series B in 2012
Epuramat S.A. develops water and wastewater treatment systems. It offers the Box4Water, a treatment plant in a 20-foot and 40-foot container for use in industries, local communities, disaster zones, and construction sites; and small-form-factor cleaning solution for industrial treatment plants in steel, shipbuilding, concrete, paper, recycling, and food industries, as well as local community treatment plants, green buildings, and digestate and biogas plants. The company’s technology enables to separate oil from water; treat industrial water for re-use; and treat digestate wastewater resulting from biogas production. Epuramat S.A. was founded in 2005 and is based in Contern, Luxembourg. Its plants are in operation in Europe, the United States, and Canada.

DealAngel

Seed Round in 2012
DealAngel is the first hotel search engine to find hotels priced below their market value. We leverage big data to cut through the ‘Best Offer’ noise and rank by value-for-money. Not just based on how one particular hotel is priced. But based on what ALL hotels in the market are doing.

4D Energetics

Venture Round in 2012
4D Energetics Inc. develops batteries based on absorption and desorption of gases' energy. The company is based in Menlo Park, California.

Wine in Black

Series B in 2012
Wine in Black GmbH retails wine online. It offers red wine, white wine, champagne, sparkling wine, rose wine, and sweet wine. The company was founded in 2011 and is based in Berlin, Germany. As of December 31, 2019, Wine in Black GmbH operates as a subsidiary of Viva Wine & Spirits Ab.

Flodesign Sonics

Series A in 2014
FloDesign Sonics is changing the separations and filtration markets through a novel acoustic technology. By leveraging breakthroughs in the use of 3D acoustic standing waves, FloDesign Sonics is able to capture, separate and purify without using physical membranes, chemicals, or centrifugation. Our proprietary technology has numerous applications in a variety of markets including life sciences, oil and gas, food and beverage and industrial processing. The first commercial application is in bioprocess separations where FloDesign Sonics is applying acoustic technology to the manufacturing of life saving bio-pharmaceuticals. For more information, contact info@fdsonics.com

Agrivida, Inc.

Series D in 2015
Agrivida, Inc., an animal health and nutrition company, develops feed additives for poultry, swine, dairy and beef cattle, and aquaculture markets. The company offers nutrition solutions for monogastric and ruminant animals, and aquaculture. It offer GRAINZYME, a phytase feed additive for poultry sector. It also provides INzyme Enzymes that deliver regulated enzymes for detergents, oil and gas production, and food applications; and INzyme sugar feedstock advanced bio-based chemical and fuel production. Agrivida, Inc. was founded in 2003 and is based in Four Seasons, Missouri.

Genomatica, Inc.

Venture Round in 2011
Genomatica, Inc. delivers manufacturing processes to produce intermediate and basic chemicals from renewable feedstocks. The company’s proprietary biotechnology platform allows the company to create fermentation-based manufacturing processes and to engineer the enabling microorganisms that drive the conversion of renewable feedstocks into intermediate and basic chemicals. It is developing a pipeline of manufacturing processes for the production of 20 intermediate and basic chemicals, including butanediol and butadiene. The company intends to offer its chemical products to large consumer products or chemical companies. Genomatica, Inc. was founded in 1998 and is headquartered in San Diego, California.

Upstream Commerce

Venture Round in 2012
Upstream Commerce Ltd. provides cloud-based automated competitive pricing and product analytics solutions for online retail applications. It offers pricing and product intelligence solutions. The company offers solutions which provides a range of aggregated information on pricing, pricing fluctuations, and availability; latest updates on sales, clearances, and promotions; competitors assortment with important products highlighted; and pricing opportunities, such as underpriced products. Its solutions help users to proactively adjust their pricing to the appropriate levels for market conditions. The company serves online merchants, consumer-product manufacturers, buyers and professionals, merchandising, executives, and marketing and sales managers. Upstream Commerce Ltd. was founded in 2010 and is based in Tel Aviv, Israel. As of September 25, 2018, Upstream Commerce Ltd. operates as a subsidiary of Flipkart Online Services Pvt. Ltd.

RRT Ltd.

Venture Round in 2012
RRT Ltd. develops and licenses technologies for oil refinery processes. It develops oil refining technologies to enable modernization of oil refineries and promote origin technologies in the Russian Federation and internationally. The company is based in Saint Petersburg, Russian Federation.

Doktor na rabote

Venture Round in 2014
Doktor na rabote is the operator of an online network for Russian physicians.

Auctionata

Series A in 2013
Auctionata | Paddle8 is an online auction platform specializing in art and luxury collectibles. As of February 29, 2017, Auctionata has announced it has ceased operations, declaring insolvency. The company had offices in Berlin, New York, London, Los Angeles, Rome, Zurich, and Madrid. Following the conclusion of its preliminary insolvency proceedings on February 28, 2017, Auctionata Paddle8 AG ceased its German operations. The subsidiaries Paddle8 in the US and Value-my-Stuff in the UK were sold and continue to operate.

Pentalum Technologies

Series C in 2013
Pentalum develops the SpiDAR: a revolutionary, cost effective, patent pending, wind LiDAR (Light Detection And Ranging) system, for remote sensing of wind. The system targets all three main wind farm applications: Wind resource assessment, Wind farm operation optimization and Wind forecasting. Pentalum is a privately held company, funded by VCs and headed by highly experienced entrepreneurs, professionals in optics, fluid mechanics and atmospheric remote sensing. Pentalum Technologies Inc. was incorporated in 2009 and is based in Rehovot, Israel.
Solidia Technologies enables next generation products that offer superior performance while significantly minimizing environmental impact. Solidia is an advanced materials company, focusing on developing scalable solutions for the world of building and construction materials. Their technology enables the design of next generation products made by low energy processes that utilize waste materials and consume CO2. The products offer superior performance and value when compared to cement, concrete and stone while significantly minimizing environmental impact.

Aquion Energy

Series D in 2014
Aquion Energy is fundamentally­­ changing the economics of power generation, transmission and distribution by developing and commercializing cost-effective energy storage solutions that are safe, reliable, and sustainable from nontoxic components as simple as saltwater. Based on the research of Carnegie Mellon University Professor Jay Whitacre, Aquion's proprietary Aqueous Hybrid Ion (AHI™) battery overcomes the pitfalls of conventional energy storage technologies. AHI systems enhance the electrical grid by providing flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies.

Upptalk

Series A in 2012
UppTalk (formerly Yuilop) is a cloud-based communications app that enables users to call, text, group chat, and share multimedia for free. It operates over Wifi, 3G, 4G and LTE. The app supports Android, iOS, Windows, and Kindle devices. It can be downloaded for free and used to contact anyone with a mobile or landline phone, including non-UppTalk users. Every user gets free credit upon signing up and they can earn more by inviting friends, watching videos, or checking out UppTalk’s available promotions. UppTalk was launched in December 2010 by Jochen Doppelhammer and is operated from Barcelona, Spain.

Siluria Technologies Inc.

Series C in 2012
Siluria Technologies is a materials innovation company solving global challenges for partners in the natural gas, chemicals and fuel industries. Integrating nanotechnology, biotechnology and chemical engineering, Siluria has developed a solution to the grand challenge of efficient manufacturing: the ability to produce chemicals and fuels from a cheaper, more abundant resource than oil. The company's economically superior, energy-efficient platform converts natural gas into the same materials manufactured today using current industry infrastructure. Siluria's world-class R&D and engineering teams are rapidly commercializing the company's technology to pilot-scale production in close dialogue with the world's largest chemical and fuel companies.Siluria's backers include Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

DoctorAtWork.com

Venture Round in 2012
Doctor At Work is the world's largest network of Russian-speaking doctors. Doctor At Work is a winner of "Start-up of the year 2011" HSE, one of the leaders of the rating of "30 most promising startups in Russian internet" Pruffi, winner of “Best Media Entrepreneur in Russia in 2011". Site provide full range of communication services for healthcare institutions, pharmaceutical companies who is looking for access to the handpicked group of practicing physicians.