NRG Ventures

NRG Ventures is a new generation venture capital fund that supports global B2B technology startups founded by immigrants from the former Soviet Union countries (FSU). NRG Ventures invests in B2B technology startups with FSU founders who aim to develop business globally (the West, GCC/MENA, Asia, etc). We have a special focus on startups with proven ability to grow their business in the Gulf.

Maxim Shashenkov Ph.D

General Partner

Roman Tyan

Founder and Managing Partner

6 past transactions

Moeco

Seed Round in 2022
Moeco is an end-to-end visibility and conditions monitoring solution for logistics. We create the future of the supply chain by providing automation, reducing costs, improving the quality of service using Big Data and analytics.

Apollo iGDS

Pre Seed Round in 2021
The company develops world’s only fully neutral, non-affiliated, advanced B2B platform simplifying sourcing and booking for travel agencies and corporate travel departments with the most comprehensive network of carriers in air, on land and water, promoting choices and making passenger transportation truly affordable to passengers and their families. The company also develops a number of other advanced digital efficiency solutions for the transportation industry. The company creates live connections to most comprehensive network of carriers in air, on land and water, with an unprecedented speed. 30 minutes per new connection by end of 2022. Will leave no equals. The company works with travel agencies and corporate travel departments of any size and type of business model, creating many more new travel players, enabling the transformation of the whole industry. Existing travel agencies can offload the connectivity task to Apollo iGDS, achieving savings of millions of dollars every year, receiving quality connectivity, speed and multiple benefits from the intelligent platform. Apollo iGDS can provide all the tools needed for a new travel agency to start ticket sales online virtually overnight, without significant upfront costs. Olympus IMS by Apollo is the solution bringing carrier online virtually overnight. Comes pre-connected with Apollo iGDS so the global sales can be launched immediately. Apollo iGDS: more city pairs, flexible and customizable routing, pricing and new partnership options, ancillary services, low expense, more revenue and higher margins for ticket sellers. Apollo iGDS is the only GDS in the world originally designed and developed as multi-modal, capable of single ticket issue.

Qvalon

Venture Round in 2021
MD Audit is a software for mobile workplace and quality management at retail networks. System allows to describe the goals and processes of the retail network on the HQ level and to bring it to the level of responsible employees in stores in clear tasks. It combines the logic of balanced scorecards system, BPM and data mining solution. Now our application used to conduct about a million safety and quality control inspections globally every month. It's used by the biggest retail companies with more than 10 000 stores. By banks for risk management, and restaurants for their quality control.

Amai

Seed Round in 2021
AMAI is Voice AI solutions for enterprises. What we do in a sentence is replace people anywhere they use Voice in their daily operations or give them superpowers thanks to AI.

UVL Robotics

Seed Round in 2021
UVL Robotics Inc. is a global provider of cutting-edge drone-based solutions with AI for logistics, incorporated in US and has offices in Oman, Germany, Abu Dhabi and CIS. Core technologies: 1. Fully autonomous indoor drone inventory system using AI/ML for local positioning and labels detection -> game changer tech for stock-taking process --> 10x increase productivity for a client. 2. Fully autonomous last-mile drone delivery solution including drone platform with time flight up to 5 hours and 10 kg payload, smart UVL station which includes - precise landing system, automated battery swap, parcel storing and sorting out, and specialized app for order tracking.

Bestmap

Seed Round in 2021
Bestmap is an aggregator of all transportation incl e-scooters, bikes, metro, busses, trains, rental cars, mopeds, flights, and more in one app. Bestmap envisions a time when, for the first time, urbanists and travelers will be able to use one app to find all mobility companies on the map that operate in the city, book tickets for the bus, train, airplane, self-driving cars, and have cool features, all on the same itinerary. We use a win-win strategy when mobility partners-clients and the department of transportation in different cities share data, and users can use data from that company via the Bestmap app. Bestmap also provides an analytics platform for mobility providers and transportation authorities. Businesses and Transportation authorities want to know when, where, and why people use their transport (bikes, busses, airplanes...), they want to know where people fly or drive, transportation authorities want to improve the local transportation system. All of them spend billions of dollars on improving the transportation system, getting more users, and growing the company. Instead of asking local people, buy tickets at the station, use different maps to find routes, find bus routes, electric chargers, gas station prices or find parking in the city, users can contribute and edit it in the app. We are looking forward to collaborating with companies, transportation authorities and allow people to know how to get from point A to B faster, cheaper, safer anywhere in the world!
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