Sistema Venture Capital

Sistema Venture Capital is the venture capital arm of AFK Sistema, established in 2016 and headquartered in Moscow, Russia, with an additional office in London, United Kingdom. The firm specializes in investing in growth-stage technological companies and early-stage startups, primarily focusing on sectors such as artificial intelligence, machine learning, cognitive technologies, software as a service (SaaS), platform as a service (PaaS), internet of things, and virtual and augmented reality. Sistema Venture Capital aims to acquire both minority and controlling stakes, typically investing around $10 million in projects, to help establish market leaders within three to five years. The firm emphasizes its commitment to backing innovative internet and technology companies while avoiding investments in ventures where founders have lost control. Its investment strategy is global, targeting markets in the US, UK, Western Europe, Russia, Israel, and other CIS nations. Through its extensive network and expertise, Sistema VC provides support and mentorship to entrepreneurs, connecting them with valuable professionals and prospective partners.

Olga Lazareva

CFO

32 past transactions

FinalPrice

Seed Round in 2021
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NFWare

Funding Round in 2020
NFWare, based in Munich, Germany, specializes in cloud-based network function virtualization technologies tailored for telecom operators and data centers. The company develops advanced virtualized packet processing solutions that deliver high-performance infrastructure while operating on standard x86 servers. This technology enables service providers to effectively manage network traffic and extend IPv4 connectivity through products like Virtual Carrier Grade NAT, which facilitates address and protocol translation. By leveraging groundbreaking virtualization methods and multi-core packet processing algorithms, NFWare assists companies in creating flexible, agile networks that combine the benefits of software with the reliability typically associated with hardware. Their solutions aim to reduce infrastructure costs while enhancing productivity, thus supporting the evolution of next-generation networks.

KisanHub

Venture Round in 2020
KisanHub is a Crop Intelligence Platform designed to enhance decision-making for farmers by providing sophisticated yet user-friendly agronomic insights. The platform facilitates connections between enterprises and their growers through crop-specific applications that deliver in-season advice on pest and disease management, fertilizer application, irrigation management, and yield predictions. By aggregating diverse datasets, KisanHub helps reduce input costs and improve profit margins for farmers. Its technology integrates public and private data, enabling seamless communication across the supply chain and empowering market participants to offer operational and business advisory services. Ultimately, KisanHub aims to improve agricultural outcomes globally, allowing farmers to optimize their practices and yield while minimizing resource use.

SQream

Series B in 2020
SQream Technologies USA, Inc. specializes in big data analytics, offering a GPU-based SQL database known as SQream DB. This database enables organizations to efficiently analyze large datasets, utilizing aggressive compression techniques to optimize storage and enhance query execution speed. The company also provides the xDR Repository, designed for telecoms to store and analyze multi-source data, and GenomeStack, a bioinformatics platform that facilitates real-time analytics. SQream's technology leverages parallel computing through GPU utilization, which significantly boosts analytics performance. The firm serves a diverse range of sectors, including genome research, finance, cybersecurity, telecom, and the Internet of Things. Established in 2010, SQream operates from New York with an additional office in London and a research and development center in Tel Aviv. The company has formed strategic partnerships to enhance its offerings and accessibility in the market.

Connecterra

Series B in 2020
Connecterra B.V., founded in 2014 and based in Amsterdam, specializes in developing advanced monitoring solutions for the dairy industry in the Netherlands. The company's flagship product, a dairy activity monitor, includes a wearable device that tracks herd activity in real-time, transmitting data to a cloud platform for behavioral analysis and prediction. This system offers features such as estrus detection, health assessments, and location services for dairy cattle. By utilizing machine learning and artificial intelligence, Connecterra aims to provide farmers with valuable insights that enhance productivity, improve milk yield per animal, and optimize breeding cycles. The overall goal is to promote sustainable agricultural practices while allowing farmers to reduce labor demands and make more efficient use of natural resources.

FiveAI

Series B in 2020
FiveAI is a computer software company that provides a software platform designed for providing a solution in urban mobility in public transport to complex urban environments. Its platform is designed for Autonomous Vehicles, Machine Learning, Artificial Intelligence to develop self-driving software. The company was founded in 2015 and headquartered in Cambridgeshire, United Kingdom.

GOSU.AI

Series B in 2019
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

SenSat

Series A in 2019
SenSat Ltd is a London-based company that operates a cloud-based 3D virtual engineering platform, specializing in the conversion of complex visual and spatial data into real-time simulated realities. Founded in 2015, SenSat utilizes mapping drones to generate engineering-grade survey data, which is then processed through its software, Mapp. This platform optimizes pre-construction planning, design, and bidding by providing accurate topographical replicas of sites. The company focuses on a concept they call "Visual Intelligence," a subset of artificial intelligence that enables computers to understand and interact with real-world environments. By delivering infrastructure data in a visual format, SenSat allows businesses in physical domains, such as infrastructure construction, to monitor progress, take measurements, and manage maintenance remotely. This technology helps organizations make informed decisions based on real-world information, thereby enhancing operational efficiency and safety.

Ozon

Secondary Market in 2019
Ozon Ltd. is a prominent e-commerce platform based in Moscow, Russia, and is recognized as one of the country's earliest online retailers. Initially founded as an online bookstore in 1998, Ozon has evolved into a comprehensive marketplace offering over 6.2 million products across 24 categories, including clothing, electronics, household goods, beauty products, and more. The company facilitates more than 150,000 daily deliveries and has developed extensive fulfillment capabilities with around 200,000 square meters of warehouse space, over 2,500 couriers, and more than 11,000 pick-up points. Ozon's marketplace supports various businesses, from small enterprises to large brands, enabling them to reach a broader audience. Additionally, Ozon has invested in technology to enhance its services, employing over 1,000 IT specialists. The company also introduced financial services to support merchants and offers customer incentives through cashback programs. With a significant share of the Russian market and a commitment to improving the shopping experience, Ozon aims to make online purchasing more convenient and affordable for consumers.

MEL Science

Series A in 2019
MEL Science Ltd is an educational startup based in London, United Kingdom, with an additional office in Petersburg, Russia. Founded in 2014, the company specializes in chemistry educational subscription kits designed for students. Each package includes hands-on chemistry sets, a mobile application that provides structural formulas and 3D models of molecules, and access to a website featuring scientific stories. MEL Science also offers virtual reality lessons that align with the school chemistry curriculum, covering essential topics in the subject. The combination of practical experience and modern technology aims to enhance early science education and engage students in learning chemistry.

KisanHub

Series A in 2019
KisanHub is a Crop Intelligence Platform designed to enhance decision-making for farmers by providing sophisticated yet user-friendly agronomic insights. The platform facilitates connections between enterprises and their growers through crop-specific applications that deliver in-season advice on pest and disease management, fertilizer application, irrigation management, and yield predictions. By aggregating diverse datasets, KisanHub helps reduce input costs and improve profit margins for farmers. Its technology integrates public and private data, enabling seamless communication across the supply chain and empowering market participants to offer operational and business advisory services. Ultimately, KisanHub aims to improve agricultural outcomes globally, allowing farmers to optimize their practices and yield while minimizing resource use.

Ozon

Debt Financing in 2019
Ozon Ltd. is a prominent e-commerce platform based in Moscow, Russia, and is recognized as one of the country's earliest online retailers. Initially founded as an online bookstore in 1998, Ozon has evolved into a comprehensive marketplace offering over 6.2 million products across 24 categories, including clothing, electronics, household goods, beauty products, and more. The company facilitates more than 150,000 daily deliveries and has developed extensive fulfillment capabilities with around 200,000 square meters of warehouse space, over 2,500 couriers, and more than 11,000 pick-up points. Ozon's marketplace supports various businesses, from small enterprises to large brands, enabling them to reach a broader audience. Additionally, Ozon has invested in technology to enhance its services, employing over 1,000 IT specialists. The company also introduced financial services to support merchants and offers customer incentives through cashback programs. With a significant share of the Russian market and a commitment to improving the shopping experience, Ozon aims to make online purchasing more convenient and affordable for consumers.

Datasine

Series A in 2019
Datasine Limited is a London-based company established in 2015 that specializes in developing online application tools for financial institutions and various sectors, including telecom, retail, and automotive. The company offers a personality data platform that analyzes psychometric and biographical information to create detailed behavioral and risk profiles of customers. By leveraging artificial intelligence, Datasine enables businesses to enhance their marketing strategies and develop personalized investment portfolios. The platform provides actionable insights that help companies foster meaningful customer relationships and improve their overall customer experience.

YouDo

Series D in 2018
YouDo is a marketplace platform based in Moscow, Russia, that was established in 2012. It connects consumers with local professionals for home repair services and various tasks. The platform allows users to post jobs, browse profiles of potential freelancers, and communicate directly to negotiate rates and arrange job completion. This enables clients to select the most suitable professionals based on their specific needs and criteria. Through its online application, YouDo facilitates the hiring of freelance workers, streamlining the process of finding reliable help for various home and business tasks.

SQream

Series B in 2018
SQream Technologies USA, Inc. specializes in big data analytics, offering a GPU-based SQL database known as SQream DB. This database enables organizations to efficiently analyze large datasets, utilizing aggressive compression techniques to optimize storage and enhance query execution speed. The company also provides the xDR Repository, designed for telecoms to store and analyze multi-source data, and GenomeStack, a bioinformatics platform that facilitates real-time analytics. SQream's technology leverages parallel computing through GPU utilization, which significantly boosts analytics performance. The firm serves a diverse range of sectors, including genome research, finance, cybersecurity, telecom, and the Internet of Things. Established in 2010, SQream operates from New York with an additional office in London and a research and development center in Tel Aviv. The company has formed strategic partnerships to enhance its offerings and accessibility in the market.

Connecterra

Series A in 2018
Connecterra B.V., founded in 2014 and based in Amsterdam, specializes in developing advanced monitoring solutions for the dairy industry in the Netherlands. The company's flagship product, a dairy activity monitor, includes a wearable device that tracks herd activity in real-time, transmitting data to a cloud platform for behavioral analysis and prediction. This system offers features such as estrus detection, health assessments, and location services for dairy cattle. By utilizing machine learning and artificial intelligence, Connecterra aims to provide farmers with valuable insights that enhance productivity, improve milk yield per animal, and optimize breeding cycles. The overall goal is to promote sustainable agricultural practices while allowing farmers to reduce labor demands and make more efficient use of natural resources.

TraceAir

Seed Round in 2018
TraceAir Technologies, Inc. is a cloud-based platform designed to assist construction companies in managing quality and costs through a user-friendly interface and advanced analytics powered by autonomous drones. The company offers a comprehensive suite of tools for construction management, including data collection, processing, analysis, and smart analytics tailored for civil and industrial projects. Its solutions cover various aspects of construction, such as design, earthworks, road construction, urban land improvement, and maintenance. By utilizing drone technology, TraceAir significantly enhances the speed, cost-effectiveness, and convenience of monitoring construction progress, providing stakeholders with valuable insights that extend beyond mere images or raw data. Founded in 2015, TraceAir is headquartered in Mountain View, California.

GOSU.AI

Series A in 2018
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

MEL Science

Convertible Note in 2017
MEL Science Ltd is an educational startup based in London, United Kingdom, with an additional office in Petersburg, Russia. Founded in 2014, the company specializes in chemistry educational subscription kits designed for students. Each package includes hands-on chemistry sets, a mobile application that provides structural formulas and 3D models of molecules, and access to a website featuring scientific stories. MEL Science also offers virtual reality lessons that align with the school chemistry curriculum, covering essential topics in the subject. The combination of practical experience and modern technology aims to enhance early science education and engage students in learning chemistry.

Datasine

Seed Round in 2017
Datasine Limited is a London-based company established in 2015 that specializes in developing online application tools for financial institutions and various sectors, including telecom, retail, and automotive. The company offers a personality data platform that analyzes psychometric and biographical information to create detailed behavioral and risk profiles of customers. By leveraging artificial intelligence, Datasine enables businesses to enhance their marketing strategies and develop personalized investment portfolios. The platform provides actionable insights that help companies foster meaningful customer relationships and improve their overall customer experience.

GOSU.AI

Seed Round in 2017
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

FinalPrice

Venture Round in 2017
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GOSU.AI

Seed Round in 2017
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

NFWare

Seed Round in 2017
NFWare, based in Munich, Germany, specializes in cloud-based network function virtualization technologies tailored for telecom operators and data centers. The company develops advanced virtualized packet processing solutions that deliver high-performance infrastructure while operating on standard x86 servers. This technology enables service providers to effectively manage network traffic and extend IPv4 connectivity through products like Virtual Carrier Grade NAT, which facilitates address and protocol translation. By leveraging groundbreaking virtualization methods and multi-core packet processing algorithms, NFWare assists companies in creating flexible, agile networks that combine the benefits of software with the reliability typically associated with hardware. Their solutions aim to reduce infrastructure costs while enhancing productivity, thus supporting the evolution of next-generation networks.

Ozon

Secondary Market in 2017
Ozon Ltd. is a prominent e-commerce platform based in Moscow, Russia, and is recognized as one of the country's earliest online retailers. Initially founded as an online bookstore in 1998, Ozon has evolved into a comprehensive marketplace offering over 6.2 million products across 24 categories, including clothing, electronics, household goods, beauty products, and more. The company facilitates more than 150,000 daily deliveries and has developed extensive fulfillment capabilities with around 200,000 square meters of warehouse space, over 2,500 couriers, and more than 11,000 pick-up points. Ozon's marketplace supports various businesses, from small enterprises to large brands, enabling them to reach a broader audience. Additionally, Ozon has invested in technology to enhance its services, employing over 1,000 IT specialists. The company also introduced financial services to support merchants and offers customer incentives through cashback programs. With a significant share of the Russian market and a commitment to improving the shopping experience, Ozon aims to make online purchasing more convenient and affordable for consumers.

WiMark Systems

Convertible Note in 2016
Wimark Systems Ltd is a software development company based in London, United Kingdom, specializing in vendor-agnostic solutions for cloud Wi-Fi management. Founded in 2014, the company offers the Wimark Platform, which serves as a comprehensive cloud solution for carriers and distributed corporate networks. This platform can replace traditional hardware-based WLAN controllers, providing high performance and management for multivendor access points. Additionally, Wimark Systems provides a range of software-based solutions, including a virtual access point, virtual access server, authentication and authorization server, and SD-WAN capabilities. The flexible architecture of the Wimark Platform, along with its open API, enables clients to implement various advanced Wi-Fi services such as Hotspot 2.0 and Wi-Fi Calling.

Segmento

Private Equity Round in 2016
Segmento is a major Russian programmatic platform, which employs machine learning technology to target digital advertising. The company was founded by three partners in 2011: Eugene Legkiy, Roman Nester and Kirill Safonov. After the sale of the controlling stake to Sberbank in 2015, all the founders remained at the company to develop its business and technology. Segmento uses depersonalised data about 84 million clients of Sberbank and their online behaviour data in order to deliver advertising in real time through all types of devices. The company’s solutions enable big business to interact with potential clients through any channel and measurably improve sales.

MEL Science

Seed Round in 2016
MEL Science Ltd is an educational startup based in London, United Kingdom, with an additional office in Petersburg, Russia. Founded in 2014, the company specializes in chemistry educational subscription kits designed for students. Each package includes hands-on chemistry sets, a mobile application that provides structural formulas and 3D models of molecules, and access to a website featuring scientific stories. MEL Science also offers virtual reality lessons that align with the school chemistry curriculum, covering essential topics in the subject. The combination of practical experience and modern technology aims to enhance early science education and engage students in learning chemistry.

Luden.io

Venture Round in 2016
Luden.io is a developer of virtual and augmented reality games, based in Moscow, Russian Federation. Founded in 2013 as a research and development group within Nival Group, Luden.io has released several notable titles. Its portfolio includes InMind, InCell, and InMind 2, which emphasize scientific themes and are designed for various VR platforms. In 2017, the company launched VRobot, initially an experimental project that gained a substantial following, leading to its release on Steam and PlayStation VR. The studio also developed ARrived, recognized as a launch title for Apple's ARKit and named one of the App Store's Best of 2017. Additionally, the educational game while True: learn() was launched in 2018, simulating the life of a machine learning developer. By that year, Luden.io had achieved over 4 million installations across its games.

YouDo

Series C in 2016
YouDo is a marketplace platform based in Moscow, Russia, that was established in 2012. It connects consumers with local professionals for home repair services and various tasks. The platform allows users to post jobs, browse profiles of potential freelancers, and communicate directly to negotiate rates and arrange job completion. This enables clients to select the most suitable professionals based on their specific needs and criteria. Through its online application, YouDo facilitates the hiring of freelance workers, streamlining the process of finding reliable help for various home and business tasks.

VisionLabs

Venture Round in 2016
VisionLabs is a team of Computer Vision and Machine Learning experts. We specialize in developing products and solutions in the areas of face recognition, object recognition, augmented reality and virtual reality. Our products are based on state-of-the-art algorithms and technologies developed solely by VisionLabs. The quality of our products is proven by numerous implementations and by the independent third-party face recognition engines tests. Together with our respected Partners we deliver solutions globally to the security, retail, banking, transportation and other industries. VisionLabs is among the top leaders in face recognition algorithms test by National Institute of Standards and Technology (NIST).

NFWare

Seed Round in 2015
NFWare, based in Munich, Germany, specializes in cloud-based network function virtualization technologies tailored for telecom operators and data centers. The company develops advanced virtualized packet processing solutions that deliver high-performance infrastructure while operating on standard x86 servers. This technology enables service providers to effectively manage network traffic and extend IPv4 connectivity through products like Virtual Carrier Grade NAT, which facilitates address and protocol translation. By leveraging groundbreaking virtualization methods and multi-core packet processing algorithms, NFWare assists companies in creating flexible, agile networks that combine the benefits of software with the reliability typically associated with hardware. Their solutions aim to reduce infrastructure costs while enhancing productivity, thus supporting the evolution of next-generation networks.
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