Phystech Ventures

Phystech Ventures is a London-based venture capital firm established in 2013 that focuses on supporting technology entrepreneurs through capital, expertise, and networking. The firm specializes in investing in deep technology sectors, with a particular emphasis on B2B companies operating in areas such as IoT, automotive, education technology, cybersecurity, sensors, robotics, and energy technology. Phystech Ventures typically engages at the seed and Series A stages, often being the first institutional investor in the companies it supports. Over the years, the firm has invested in 31 companies across nine countries, including several spin-offs from universities. Previous notable investments by its partners include ClassPass, RRT Global, and Cibando, which was acquired by Zomato.

Anna Gishko

Principal

Rustam Ibragimov

Associate

Dmitry Kravtsov

Principal

Vasily Larionov

Founding Partner

Paul Mazitov

Partner

Ivan Protopopov

Co-Founder, Managing Partner and CEO

Daniel Shaposhnikov

Founder and Managing Partner

34 past transactions

Arevo

Venture Round in 2021
AREVO, based in Silicon Valley, California, develops technology to enable direct digital additive manufacturing of ultra-strong, lightweight composite parts for end use applications in high volume. With the company's unique combination of breakthrough materials, powerful design/build software, and free motion robotics for the first “true 3D” construction, AREVO is moving beyond prototypes by enabling the design and fabrication of large, mass-produced parts and structures, quickly leading 3D printing into mainstream manufacturing. AREVO provides designers and manufacturers with unprecedented freedom to unlock the unparalleled strength and weight of composite materials for a wide range of consumer and industrial products, and has seen early success manufacturing CFRTP composite parts for OEM customers. With an initial focus on Aerospace, Defense, Consumer Electronics, Transportation, and Consumer Goods, Arevo is poised to optimize additive manufacturing services to OEM’s worldwide.

Perfobur

Series B in 2021
Perfobur Inc. is a Russian company that specializes in manufacturing advanced radial drilling technology designed to enhance oil extraction from old and marginal wells. This innovative technology enables the creation of horizontal perforation channels that can extend up to 50 meters, thereby allowing access to oil-rich side pockets. Perfobur's radial drilling system is particularly notable for its capability to operate effectively in sandstone formations, which constitute over 50% of oil wells. By ensuring a 100% controlled trajectory of the perforation channels, Perfobur addresses significant emergency risks associated with traditional jet drilling methods, thereby providing a safer and more efficient solution for oil extraction.

Welldone

Series A in 2021
WE MAKE DELICIOUS, NUTRITIOUS AND AFFORDABLE PLANT-BASED MEAT. AND WE ARE GOING WELL. Plant-based meat producer leveraging strong R&D and sourcing in Russia. We are building brand #1 in country to cater plant-based meat to 140+ mln people and to expand abroad. Targeting to reach price parity with meat in 2022 to address the wider consumer audience.

Osome

Series A in 2021
Osome Pte. Ltd. is a business management consulting firm founded in 2017 and headquartered in Singapore, with additional operations in Hong Kong and the United Kingdom. The company specializes in providing a range of services including company incorporation, corporate secretary services, accounting, payroll management, and immigration assistance. Osome leverages artificial intelligence to enhance efficiency and improve customer satisfaction, enabling small and medium-sized enterprises to streamline their administrative tasks. By automating processes such as document preparation, deadline tracking, and annual return filing, Osome allows businesses to concentrate on their core operations, thereby fostering growth and profitability.

TestRigor

Seed Round in 2021
TestRigor provides an AI-powered autonomous software regression testing. It utilizes machine learning and crawler to automatically discover functionality and test it on human-level.

ZeroAvia

Grant in 2020
ZeroAvia, Inc. designs zero-emission aircraft specifically for commercial short-haul trips. Founded in 2017 by Val Miftakhov, the company is headquartered in Hollister, California, with an additional office in Cranfield, United Kingdom. ZeroAvia develops a hydrogen fuel cell system that powers electric propulsion, enabling practical zero-emission aviation. The company initially targets a travel range of 500 miles for regional aircraft accommodating 10 to 20 passengers. This innovative approach significantly reduces operational costs, offering four times lower fuel and engine maintenance expenses compared to traditional aviation solutions.

Abagy

Seed Round in 2020
Abagy is a developer of machine-vision-based software designed to enhance the capabilities of industrial robots. The company focuses on making robots more flexible and cost-efficient, particularly for small series production. By integrating robots, sensors, and computers, Abagy enables high-mix, low-volume manufacturing, allowing for custom projects that increase robot utilization. The software simplifies the operation of robotic systems, requiring users to only set welding parameters, which streamlines the production process and enhances adaptability and ease of use for manufacturers.

UVL Robotics

Seed Round in 2020
UVL Robotics is a high-tech company based in Moscow, Russia, specializing in the development and production of unmanned aerial vehicles (UAVs) designed for inventory management in warehouses. The company focuses on creating multi-rotor drones that utilize hydrogen-air fuel cells, allowing for vertical takeoff and landing. UVL Robotics provides fully autonomous indoor drone services that enhance warehouse operations by automating routine tasks, thereby increasing productivity. Their solutions are faster and more cost-effective than traditional methods, improving inventory accuracy and ensuring safer warehouse environments for corporate clients.

Osome

Seed Round in 2019
Osome Pte. Ltd. is a business management consulting firm founded in 2017 and headquartered in Singapore, with additional operations in Hong Kong and the United Kingdom. The company specializes in providing a range of services including company incorporation, corporate secretary services, accounting, payroll management, and immigration assistance. Osome leverages artificial intelligence to enhance efficiency and improve customer satisfaction, enabling small and medium-sized enterprises to streamline their administrative tasks. By automating processes such as document preparation, deadline tracking, and annual return filing, Osome allows businesses to concentrate on their core operations, thereby fostering growth and profitability.

Syntacore

Seed Round in 2019
Syntacore is a semiconductor intellectual property company based in Moscow, Russia, founded in 2015. It specializes in the design and development of customizable microprocessor cores and tools based on the RISC-V instruction set architecture. Syntacore manufactures synthesizable microprocessors and offers comprehensive services that include workload-specific customization, architectural exploration, and workload characterization. This enables clients to create efficient and flexible microprocessor solutions tailored for various data storage and processing applications. As of November 2019, Syntacore operates as a subsidiary of YADRO, Inc.

Perfobur

Series A in 2019
Perfobur Inc. is a Russian company that specializes in manufacturing advanced radial drilling technology designed to enhance oil extraction from old and marginal wells. This innovative technology enables the creation of horizontal perforation channels that can extend up to 50 meters, thereby allowing access to oil-rich side pockets. Perfobur's radial drilling system is particularly notable for its capability to operate effectively in sandstone formations, which constitute over 50% of oil wells. By ensuring a 100% controlled trajectory of the perforation channels, Perfobur addresses significant emergency risks associated with traditional jet drilling methods, thereby providing a safer and more efficient solution for oil extraction.

Tota

Pre Seed Round in 2019
Developer of downhole technologies designed to find new ways to increase efficiency and productivity for oil and gas companies. The company's technology includes a platform for reservoir management and production optimization using well-monitoring systems as well as artificial intelligence software resolutions, enabling companies to increase production and maximize reserve recovery.

Osome

Seed Round in 2018
Osome Pte. Ltd. is a business management consulting firm founded in 2017 and headquartered in Singapore, with additional operations in Hong Kong and the United Kingdom. The company specializes in providing a range of services including company incorporation, corporate secretary services, accounting, payroll management, and immigration assistance. Osome leverages artificial intelligence to enhance efficiency and improve customer satisfaction, enabling small and medium-sized enterprises to streamline their administrative tasks. By automating processes such as document preparation, deadline tracking, and annual return filing, Osome allows businesses to concentrate on their core operations, thereby fostering growth and profitability.

UVL Robotics

Seed Round in 2018
UVL Robotics is a high-tech company based in Moscow, Russia, specializing in the development and production of unmanned aerial vehicles (UAVs) designed for inventory management in warehouses. The company focuses on creating multi-rotor drones that utilize hydrogen-air fuel cells, allowing for vertical takeoff and landing. UVL Robotics provides fully autonomous indoor drone services that enhance warehouse operations by automating routine tasks, thereby increasing productivity. Their solutions are faster and more cost-effective than traditional methods, improving inventory accuracy and ensuring safer warehouse environments for corporate clients.

UVL Robotics

Convertible Note in 2018
UVL Robotics is a high-tech company based in Moscow, Russia, specializing in the development and production of unmanned aerial vehicles (UAVs) designed for inventory management in warehouses. The company focuses on creating multi-rotor drones that utilize hydrogen-air fuel cells, allowing for vertical takeoff and landing. UVL Robotics provides fully autonomous indoor drone services that enhance warehouse operations by automating routine tasks, thereby increasing productivity. Their solutions are faster and more cost-effective than traditional methods, improving inventory accuracy and ensuring safer warehouse environments for corporate clients.

ML One

Pre Seed Round in 2018
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.

HyPoint

Angel Round in 2018
HyPoint, Inc. is developing the next generation hydrogen fuel cell system with zero CO2 emissions and game-changing energy performance for the air transportation and urban air mobility market. Our solution increases operational time by 5X and utilization rate by 10X while decreasing TCO of any flying platform by 90%.

CAROL Bike

Seed Round in 2018
Designed for busy people, CAR.O.L provides the minimum effective dose of exercise by using clinically proven high intensity interval training (HIIT) principles programmed into its A.I.-powered stationary bike. Riders receive the same cardio benefits of a 45-minute jog in less than nine minutes by performing two 20-second sprints at their perfectly calculated resistance. Each rider can track their progress through CAR.O.L’s built-in touchscreen and its mobile app, including a proprietary Octane Score measuring their fitness level (power per heartbeat). Every CAR.O.L account is connected to the cloud, allowing users to resume each ride at their latest resistance level, whether they are using a CAR.O.L bike at home, work or the gym.

Raxel

Venture Round in 2017
Raxel Telematics, founded in 2013 and based in Singapore, specializes in developing telematics applications for smartphones. These applications monitor driver behavior during journeys, allowing insurance companies to offer lower premiums to safer drivers. Raxel combines advanced analytics with telematics data to provide valuable insights that help businesses improve product performance and customer satisfaction. Their innovative IoT platform and mobile telematics engine feature proprietary technology capable of recording and analyzing extensive mobility data, processing hundreds of thousands of data points through sophisticated algorithms. This platform is designed to be low-cost, flexible, and adaptive, functioning either as a standalone solution or integrated into existing applications.

Axel

Seed Round in 2017
Axel LLC, founded in 2014 and based in Moscow, Russia, specializes in the development of advanced oil-drilling telemetry systems. The company focuses on improving measurement while drilling (MWD) and logging while drilling (LWD) technologies, offering an integrated system designed for directional and horizontal drilling. Axel emphasizes accelerated data transfer to the surface, enhancing efficiency in oil exploration and extraction. By integrating various tools from multiple manufacturers, Axel allows customers to select spare parts and appropriate equipment tailored to their specific needs, which helps reduce both capital and operating costs. The company's commitment to utilizing cutting-edge technology positions it as a key player in the global oil-drilling sector.

RFSens

Pre Seed Round in 2017
RFSens specializes in the development of passive wireless sensors aimed at managing grid capacity through real-time temperature and current measurement. Their innovative acoustoelectric devices enhance the ability to accurately identify and track electrical conditions, even in extreme environments. By utilizing these advanced sensors, RFSens enables clients to gather critical information across a broader range of situations compared to traditional transformers, significantly improving the efficiency and reliability of grid management.
Geosteering Technologies Inc. specializes in providing software solutions for horizontal directional drilling, primarily serving the oil and gas industry in Russia. The company's flagship product, Geonaft, offers geological support for the drilling of directional and horizontal wells, facilitating the determination of well stratigraphic positions and aiding in the design and management of hydrocarbon deposits. Additionally, Geosteering Technologies provides consulting services, well placement assistance, and customized software development tailored to the needs of oil and gas companies. Founded in 2010 and headquartered in Saint Petersburg, with additional offices in Tyumen and Moscow, the company emphasizes cost optimization for operators, saving substantial amounts per well through enhanced geosteering services and compatibility with various logging-while-drilling tools. This approach makes geosteering more accessible and transparent for oil company personnel.

Teamie

Seed Round in 2016
Teamie Pte Ltd. is a Singapore-based company that offers a cloud-based learning platform tailored for educational institutions and enterprises. Founded in 2011, Teamie focuses on enhancing collaboration and productivity within educational settings by providing a structured social network for students, teachers, parents, and administrators. The platform integrates features typical of social networks with a robust learning management system, allowing users to create virtual classrooms, manage lessons and assignments, and facilitate group projects. Additionally, Teamie includes tools for analytics and user management, enabling educators to track student engagement and performance through detailed reports and real-time notifications. The company also develops mobile applications for Android and iOS, ensuring that users can access educational resources and collaborate anytime and anywhere. By prioritizing user feedback, Teamie aims to continuously improve the learning experience and adapt to the evolving needs of its clients.

Locomizer

Seed Round in 2016
Locomizer Ltd. is an enterprise location analytics company based in Manchester, United Kingdom, specializing in geo-behavioral analytics. Founded in 2011, Locomizer develops a B2B platform that provides audience discovery, segmentation, and recommendation services to help businesses effectively target their desired audiences. The company's patented technology offers insights and analysis that enable clients to make informed decisions regarding marketing and operations. By creating user interest profiles and segmenting customers based on behavioral similarities, Locomizer matches these segments with tailored recommendations, ads, and offers. Their solutions are utilized across various sectors, including outdoor advertising, real estate, and tourism, supporting hundreds of billboard campaigns and urban studies. Locomizer’s innovative approach allows organizations to identify the right places and audiences, thereby enhancing their marketing effectiveness and driving sales.

Tortuga Logic, Inc.

Angel Round in 2015
Tortuga Logic, Inc. is a cybersecurity company based in San Jose, California, specializing in hardware threat detection. Founded in 2013, the company provides innovative solutions to identify and prevent security vulnerabilities in semiconductor designs. Its flagship products, Radix-STM and Radix-M, are designed to enhance the security verification process by enabling design teams to detect system-wide exploits related to hardware roots of trust and to perform security validation of firmware in complex system-on-chip designs. By facilitating a Secure Development Lifecycle (SDL), Tortuga Logic's offerings help ensure that vulnerabilities are addressed from the initial stages of chip design through to runtime, thereby enhancing overall hardware security.

Raxel

Seed Round in 2015
Raxel Telematics, founded in 2013 and based in Singapore, specializes in developing telematics applications for smartphones. These applications monitor driver behavior during journeys, allowing insurance companies to offer lower premiums to safer drivers. Raxel combines advanced analytics with telematics data to provide valuable insights that help businesses improve product performance and customer satisfaction. Their innovative IoT platform and mobile telematics engine feature proprietary technology capable of recording and analyzing extensive mobility data, processing hundreds of thousands of data points through sophisticated algorithms. This platform is designed to be low-cost, flexible, and adaptive, functioning either as a standalone solution or integrated into existing applications.

Perfobur

Seed Round in 2015
Perfobur Inc. is a Russian company that specializes in manufacturing advanced radial drilling technology designed to enhance oil extraction from old and marginal wells. This innovative technology enables the creation of horizontal perforation channels that can extend up to 50 meters, thereby allowing access to oil-rich side pockets. Perfobur's radial drilling system is particularly notable for its capability to operate effectively in sandstone formations, which constitute over 50% of oil wells. By ensuring a 100% controlled trajectory of the perforation channels, Perfobur addresses significant emergency risks associated with traditional jet drilling methods, thereby providing a safer and more efficient solution for oil extraction.
Geosteering Technologies Inc. specializes in providing software solutions for horizontal directional drilling, primarily serving the oil and gas industry in Russia. The company's flagship product, Geonaft, offers geological support for the drilling of directional and horizontal wells, facilitating the determination of well stratigraphic positions and aiding in the design and management of hydrocarbon deposits. Additionally, Geosteering Technologies provides consulting services, well placement assistance, and customized software development tailored to the needs of oil and gas companies. Founded in 2010 and headquartered in Saint Petersburg, with additional offices in Tyumen and Moscow, the company emphasizes cost optimization for operators, saving substantial amounts per well through enhanced geosteering services and compatibility with various logging-while-drilling tools. This approach makes geosteering more accessible and transparent for oil company personnel.

Dash

Seed Round in 2015
Dash Labs, Inc. develops fleet management software. The company was founded in 1996 and is headquartered in New York, New York.

AT Energy

Seed Round in 2014
AT Energy specializes in the development of proton exchange membrane fuel cell technology and membrane electrode assembly solutions. Based in Moscow, the company produces hydrogen fuel cells tailored for unmanned systems, backup power, and portable applications. Its flagship product, the DronN 500W, significantly enhances the flight duration of small and medium drones, offering 8 to 11 hours of operation compared to the 1 to 2 hours provided by traditional batteries of equivalent weight. AT Energy's fuel cells are recognized for their superior performance and lifespan in the unmanned aerial vehicle market. The company utilizes innovative MetOx catalysts that enable the use of technical hydrogen, which is considerably more affordable than clean hydrogen, thereby reducing the total cost of ownership by up to 50%.

ID Quantique

Venture Round in 2013
ID Quantique SA specializes in developing and commercializing quantum-safe network encryption solutions designed to protect data in transit. Its offerings include the Cerberis solution, which secures point-to-point backbone and storage networks, and the Centauris solution, which integrates into existing network infrastructures for point-to-point and multi-point encryption. The company also provides scientific instrumentation products such as single photon counters, short-pulse laser sources, and the Clavis2 quantum key distribution platform for various applications. Additionally, ID Quantique produces random number generators, including the Quantis model, which finds usage in cryptography, gaming, and secure printing. With a focus on sectors like finance, government, and defense, ID Quantique's products are utilized to safeguard data networks including Ethernet, fiber channel, and SONET/SDH, both in Switzerland and internationally. Founded in 2001 and headquartered in Geneva, ID Quantique is recognized as a leader in high-performance network encryption based on both conventional and quantum technologies.
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