Russian Venture Company

Russian Venture Company, established in 2006 and based in Moscow, is a state-owned entity that serves as a fund of funds. Its primary focus is to invest in venture funds that target Russian technology companies, thereby supporting the growth of innovative startups within the country. The company aims to enhance the competitive landscape of the Russian IT market by providing financial resources and fostering the development of high-potential ventures. With a capital base of approximately US$ 1 billion, Russian Venture Company plays a pivotal role in promoting technological advancement and entrepreneurship in Russia.

Alexey Basov

Deputy CEO - Investment Director and Board member

Past deals in CIS

BFG

Seed Round in 2019
BFG Group LLC, founded in 2011 and based in Moscow, specializes in developing an intelligent production management platform that utilizes digital twins of production systems. This platform allows manufacturing industries to create digital models of their operations, enabling real-time management and optimization of business processes through artificial intelligence. BFG's offerings include digital reengineering, software deployment, and project robotization, all aimed at enhancing productivity and reducing non-productive time. By simulating optimal production scenarios, BFG's technology helps organizations streamline their operations and swiftly assess the impact of their decisions, ultimately improving efficiency and reducing production cycles.

Ecocat

Seed Round in 2016
Ecocat produces catalytic space heaters that eliminate heat exchange and forced ventilation. The company was founded in 2011 and is based in Moscow, Russia.

Brain Beat

Seed Round in 2016
Brain Beat Ltd. is a Moscow-based company that specializes in the development of high-tech biomedical equipment, particularly focusing on a non-invasive glucometer. Founded in 2013, the company aims to enhance the quality of life for individuals with diabetes mellitus by creating a device that measures glucose concentration in human blood without the need for blood samples. The glucometer utilizes an optical sensor and can connect via USB or Bluetooth to various devices, including computers and smartphones, allowing patients to monitor their blood glucose levels conveniently and painlessly. Brain Beat Ltd. comprises a team of professionals, including physicists, doctors, engineers, and designers, all dedicated to advancing healthcare technology.

WiseSoil

Venture Round in 2014
WiseSoil LLC is a company based in the Russian Federation that specializes in developing organic waste recycling technology aimed at enhancing the efficiency of biogas plants. The company's innovative solutions include a Feedstock Pretreatment Unit designed to expedite the digestion process, a macerator for breaking down long fibers and removing stones to protect equipment, and a dewatering system that produces dry fertilizer while ensuring safe water discharge. These technologies not only assist waste owners in managing organic waste more effectively but also benefit fertilizer consumers by providing a cleaner alternative. By focusing on repowering technology, WiseSoil enables biogas facility operators to reduce costs associated with waste recycling and wet fertilizer storage, while simultaneously minimizing environmental harm.

Global CIO

Seed Round in 2013
Global CIO operates a prominent online portal for chief information officers in Russia, established in 2010 and headquartered in Moscow. The platform serves as a comprehensive resource for over 2,500 IT directors, facilitating education, professional development, and the sharing of experiences. Users can access a variety of content, including news, discussions, webinars, and videos, while also connecting with IT suppliers and peers. The community is expanding rapidly, welcoming 100 to 120 new members each month. Global CIO's mission is to enhance the competence and value of the IT function within organizations by providing a centralized knowledge base and fostering professional communication among IT managers.

Ecocat

Seed Round in 2012
Ecocat produces catalytic space heaters that eliminate heat exchange and forced ventilation. The company was founded in 2011 and is based in Moscow, Russia.
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