New Industry Ventures

Founded by Gazprom Neft, Gazprombank, Russian Venture Company (RVC), and VEB Innovations, New Industry Ventures focuses on investing in technology companies developing new materials, products, and services for the oil and gas industry, petrochemicals, energy sector, and alternative energies. The fund aims to promote high-tech products in Russia, support innovative startups, and implement resource-saving technologies.

Alexander Kalinnikov

Senior Associate

Past deals in Oil and Gas

NVI Solutions

Seed Round in 2021
NVI Solutions is an IT company that develops and implements artificial intelligence based software for industrial customers, tailoring solutions to specific production tasks and deploying them at real production facilities in Russia and abroad. Its AI image recognition system is offered as software as a service for digital transformation, focused on automating the processing of visual information to improve efficiency. The company serves leading production sites, banks, oil producers, and large IT integrators.

L-Petro

Series A in 2020
L-Petro designs and manufactures oil well tractors used in highly extended reach wells. The tractors are combined with coiled-tubing and wireline conveyance to improve access to openhole horizontal wells by providing extra pulling force to move CT and WL to target depth. The company produces devices for servicing and testing horizontal wells, enabling delivery of tools and equipment to horizontal sections for maintenance, repair, and geophysical investigations, including electrical, acoustic, radioactive, and electromagnetic surveys, supporting oil and gas projects.

ML One

Venture Round in 2020
ML One is a developer of innovative multi-well completion technologies that enhance the construction and operational efficiency of multilateral wells. The company's solutions are designed to facilitate production from all sidetracks of a multilateral well, allowing for precise re-entry into the mainbore and laterals during operation. By offering technologies that maintain access to both the main and lateral shafts, ML One provides cost-effective completion options applicable to both new wells and existing multilateral wells, regardless of casing string size. This enables clients to optimize their production processes and improve overall well performance.
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