Sistema_VC

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.

Dmitry Filatov

Managing Partner

Iskander Giniyatullin

VP Investments

Past deals in Russia

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.

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.

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.

YouDo.com

Series D in 2018
Youdo Web Technologies Limited develops and offers a marketplace software that allows consumers find and hire local professionals for home repairs. The company was founded in 2012 and is headquartered in Moscow, Russia.

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.

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.

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.

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.

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.com

Series C in 2016
Youdo Web Technologies Limited develops and offers a marketplace software that allows consumers find and hire local professionals for home repairs. The company was founded in 2012 and is headquartered in Moscow, Russia.