New Industry Ventures

New Industry Ventures is a venture capital firm based in Moscow, Russia, established by Gazprom Neft, Gazprombank, Russian Venture Company, and VEB Innovations. The firm specializes in investing in technology startups that focus on the oil and gas industry, petrochemicals, and energy sectors, including alternative energy solutions. Its primary objective is to promote high-tech products and support innovative companies and startups that are vital to the development of the Russian oil and gas sector and the broader fuel and energy industry. The fund prioritizes investments in technologies related to exploration, production, processing, and transportation of hydrocarbons, as well as energy transmission and storage. Additionally, it seeks innovative solutions for industrial infrastructure and large-scale project management, with a strong emphasis on resource and energy-saving technologies and digital advancements.

Alexander Kalinnikov

Senior Associate

5 past transactions

BioAntibody

Series A in 2023
Bioantibody is a high-tech biotechnology firm specializing in the research and development of antigens, antibodies, and downstream detection reagents for diagnosis and therapy.

NVI Solutions

Seed Round in 2021
NVI Solutions is an IT company focused on developing and implementing artificial intelligence-based software products for industrial clients. The company specializes in creating AI image recognition systems that facilitate digital transformation by automating the processing of visual information. NVI Solutions tailors its software to meet specific production needs and oversees its implementation in operational facilities both in Russia and internationally. Its innovative solutions are utilized by a variety of prominent sectors, including manufacturing, banking, and oil production, as well as by major IT integrators. Through its advancements, NVI Solutions aims to enhance operational efficiency for its clients.

Skyeer

Seed Round in 2021
Developer of construction managing software designed to help businesses to increase the accuracy of measurements. The company offers a cloud platform that integrates results of aero monitoring with design data for analytics and for providing control of construction, and mining based on spatial data, enabling businesses to keep track of dynamics and any deviations from the project and automatically fix changes in the areas.

L-Petro

Series A in 2020
L-Petro specializes in the development, engineering, and manufacturing of oil well tractors designed specifically for servicing and testing horizontal wells. These well tractors enhance well accessibility by providing additional pulling force, enabling the effective deployment of coiled-tubing and wireline equipment to reach target depths in extended reach wells. The company’s products facilitate the delivery of tools and equipment necessary for technological maintenance, repair, and geophysical research, including electrical, acoustic, radioactive, and electromagnetic testing. By offering robust solutions for the oil and gas industry, L-Petro supports clients in effectively managing their projects and conducting essential operations within horizontal well sections.

ML One

Venture Round in 2020
ADL Completions is an oilfield services company based in Moscow, Russia, specializing in the development of innovative technologies for multi-well completions. The company focuses on reducing the capital intensity associated with constructing multilateral wells. Its solutions facilitate production from all side tracks of a multilateral well and allow for precise re-entry into both main and sidetracks during the production process. ADL Completions provides services applicable to both new and existing multilateral wells, accommodating casing strings of various sizes.
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