Investments in growth-stage tech companies in Russia, EU, Israel and US..

VisionLabs'&nbsp;flagship product is a face recognition&nbsp;LUNA platform, which can analyse vast amounts of photo and video data in real-time mode to detect people's faces and run them against multi-million databases. The company's technological partners are Intel, Cisco, Facebook and Google. 
 
 Investment in 2016.

VisionLabs 

Оne of the world's leaders
in computer vision and machine learning.&nbsp;

The flagship product of the service is MEL Chemistry, which&nbsp;comprises 38 kits for chemical experiments, a learning app and&nbsp;VR glasses that allow seeing chemical substances "from&nbsp;inside." 
 
 Investment in 2016.

MEL Science

Educational&nbsp;products&nbsp;based on&nbsp;VR/AR&nbsp;technologies.

The company was set up by one of Russia's oldest game&nbsp;developers, Nival. The best known games, InMind and InCell,&nbsp;are devoted to studying biology. 
 
 Investment in 2016.

Luden.io

Developer&nbsp;of VR&nbsp;games with&nbsp;a scientific&nbsp;component.

The platform Segmento adjusts online ads to a user's behaviour and helps&nbsp;businesses to improve interaction with potential customers. 
 
 Investment in 2016.

Segmento

Russian developers that use machine learning technologies to&nbsp;target digital advertising.

Russia's biggest online service connecting customers with service providers for performing household errands and business tasks. A user can publish a task on the YouDo.com website or in a mobile app (available for iOS and Android), set the price and select a provider among those who respond to the announcement. All providers are checked by the service and are assessed by users, which guarantees the high quality of their work. 
 
 Investment in 2016.

YouDo

The leading Russian online
marketplace for personal
services.

The company uses data collected with drones and other sensors (including GPS receivers) to create accurate cloud copies of actual construction sites. The platform greatly speeds up design work and reduces contracting costs. The product has already attracted some large development companies in the USA, such as ENGEO (geotechnical engineering) and Independent Construction (construction), which are now co-investors in TraceAir along with some business angels. 
 
Investment in 2018.

TraceAir

The startup helps construction companies reduce errors through automation.

The company’s core product is a data warehouse that relies on machine learning algorithms and makes it possible to process terabytes of data 100 times faster and 10 times cheaper than CPUbased solutions. The product is already used by some major companies in telecom, advertising, media, and other industries (Orange, Cellcom, Amdocs, PubMatic). The company received the prestigious Big Data Excellence Award 2018 for providing the technology for a large-scale cancer research programme. 
 
 Investment in 2018.

SQReam

А developer of a leading GPU-accelerated database for massive data. 

Founded by the former Microsoft executive Yasir Khokhar, specialises in AI solutions for the food industry and agriculture. The technology uses artificial intelligence to increase the productivity of dairy farms, and relies on wearable tracking devices that monitor cow health. The company’s core product is the Connecterra IDA platform, which analyses and predicts behavioural patterns based on data collected from neck sensors. IDA informs farmers about behavioural changes, provides early diagnosis, gives recommendations about optimising fertility cycles of cattle, etc. The solution is already used by Danone and ZLTO (a large farm chain in the Netherlands). 
 
 Investment in 2018.

Connecterra

Founded by the former Microsoft executive Yasir Khokhar, specialises in AI solutions for the food industry and agriculture. 

The company's strategy is aimed at accelerating growth and building a significant market share to support a subsequent IPO. Ozon has some unique competitive&nbsp;advantages — a strong brand and business model: an online supermarket with an extremely broad product mix; its own chain of warehouses and distribution centres, which allows for quick delivery. 
 
 Sistema transferred its stake in Ozon to the fund in 2016.

Ozon

One of the biggest players in the Russian e-commerce segment.  


The company's science and engineering knowledge is being applied to complex challenges the industry must solve before the widespread commercialisation of self-driving technology.Since its seed funding in 2016, Five’s science and engineering knowledge has been applied to the complex challenges that the automotive and tech industries must solve before the widespread commercialisation of self-driving technology can take place. In 2017, Five attracted UK government support for Streetwise, a project to develop, integrate, test and demonstrate a safe and highly functional self-driving system in London. It has attracted the most investment of any European startup in self-driving to date. 
 
Investment in 2019.

Five

Five is a self-driving technology company founded and based in the UK. 



The company has developed a cloud platform to optimise the supply chain for agricultural companies.&nbsp;The startup operates at the intersection of precision farming, big data, cloud computing, machine learning and mobile technology. Its platform collects and analyses data on the state of grain crops to forecast deliveries. The optimisation helps reduce the impact of seasonal risks on yields and save resources. 
 
 Investment in 2019.

KisanHub

Artificial intelligence to optimise grain supply.

The company develops network software for popular x86 servers that processes traffic as quickly as expensive specialised network equipment produced by leading manufacturers.&nbsp;NFWare's solutions&nbsp;are based on NFV/SDN technologies, which allow some functions of network infrastructure to be virtualised. 
 
Investment in 2017.

NFWare

А developer of solutions for
virtualisation of information&nbsp;network
functions.&nbsp;

For the annual subscription users get access to the floor&nbsp;prices of over 800 airlines, 1 mn hotels and&nbsp;the world's top 40 car rental companies. The&nbsp;application is available only to US users and&nbsp;targets frequent&nbsp;travellers. 
 
 Investment in 2017.

FinalPrice

A mobile app for booking flights and hotels and renting cards in the US at the lowest price available.

Venture investment

Sistema Venture Capital

Investments in promising projects in the Indian and Southeast Asian tech market.

Seclore – a developer of an EDRM (Enterprise Digital Rights Management) system that enables corporations to control use of files within and outside the company. It has more than 5m users from 600 companies in 29 countries. Advanced and reliable EDRM solutions and innovations related to access to protected documents via browsers gained Seclore an award for successful growth from Frost &amp; Sullivan, got it included in the top 50 fast-growing tech companies according to Deloitte and brought it the Cool Vendor title from Gartner. The company has representative offices in the United States, India, the Netherlands, UAE, Saudi Arabia and Singapore. 
 
 
Investment in February 2016.

Seclore

A developer of an EDRM (Enterprise Digital Rights Management) system that enables corporations to control use of files within and outside the company. 

A complex brand selling meat and meat products in the market where over 90 % of players are non-chain retail stores with poor quality and low sanitary standards. The company manages the entire value creation chain, from supply to processing and delivery to customers, using uninterrupted cold chain. 
 
 Investment in March 2017.

Licious

A complex brand selling meat and meat products in the market where over 90 % of players are non-chain retail stores with poor quality and low sanitary standards. 

A company that fundamentally changes the traditional lending, using its own data-based lending mechanism to provide loans to small and medium-sized businesses. In order to attract customers and repay loans, the company uses a model with a small headcount and has already provided loans to customers in 600 cities and towns. 
 
 Investment in August 2017.

Lendingkart

A company that fundamentally changes the traditional lending, using its own data-based lending mechanism to provide loans to small and medium-sized businesses.

A marketing platform for restaurants to attract customers. Restaurants receive tools for managing customer loyalty by monitoring their profiles and transactions on various digital platforms and in payment systems. The built-in database includes 8.5m profiles from all over the world. 
 
 Investment in August 2017.

Mobikon

A marketing platform for restaurants to attract customers.

India's biggest digital fitness platform (4m users and over 200 sports instructors and nutritionists) that allows controlling consumed calories, setting personal fitness goals and monitoring progress. The effectiveness is achieved through access to online consultations of nutritionists and instructors. At the end of 2017, the company launched a new service, Ria, which is the world's first virtual AI-based nutritionist. The biggest corporate customers are P&amp;G, Unilever, Accenture, Cognizant, Shell, and Philips. 
 
 Investment in February 2018.

HealthifyMe

India's biggest digital fitness platform (4m users and over 200 sports instructors and nutritionists) that allows controlling consumed calories, setting personal fitness goals and monitoring progress.

The company, commonly known for its larger brands – Faasos, Behrouz Biryani, Oven story and Mandarin Oak –&nbsp; is disrupting the food delivery business by building and running the largest chain of internet restaurants, globally.&nbsp;It is&nbsp;the world's biggest company operating in this format.&nbsp; 
 
 Investment in August 2018.

Rebel Foods

India's biggest “food on demand” company using the cloud kitchen technology. 

Kissht – an online consumer lending platform based on a proprietary algorithm for assessing creditworthiness with AI elements. 
 
 Investment in September 2018.

Kissht 

Kissht – an online consumer lending platform based on a proprietary algorithm for assessing creditworthiness with AI elements.

Chennai-based speech recognition company Uniphore&nbsp;was founded in 2008 and aims to bridge the communication gap between man and machine using voice and speech. The company develops and sells software solutions for conversational analytics, conversational assistance and conversational security. Uniphore products are used by more than 4 mln people in 80 companies globally.&nbsp;The company has offices in the USA, India and Singapore. The headcount is more than 150 people. 
 &nbsp; 
 Investment in July 2019.

Uniphore

Indian AI-based speech recognition startup. 

Infra.Market is an online procurement marketplace that leverages technology to provide an enhanced procurement experience for all players in the construction ecosystem. The company focuses on high-volume construction products under its own brands and aim to solve existing issues such as a lack of price transparency, unreliable quality, a fragmented vendor base and inefficient logistics. 
 
 Investment in December 2020.

Infra.Market

India-based technology firm providing a one-stop marketplace for quality construction materials, logistics and financing support.&nbsp;

<div>
	The company provides a comprehensive suite of end-to-end GCC services from design and set-up consulting to talent, infrastructure, and business support services assuring enterprise integration and operational excellence. 
	 
	Investment in May 2021. 
</div>

ANSR 

<div>
	As a&nbsp;market leader, ANSR enables global enterprises to design, build, and operate integrated and impactful&nbsp;Global Capability Centers (GCCs) in India and Eastern Europe.
</div>

Exotel is Asia’s leading&nbsp;CPaaS-platform, founded in 2011&nbsp;to help businesses bring order and efficiency to customer communication. Its world-class, cloud-based solution&nbsp;simplifies customer communication over calls &amp; SMS&nbsp;for over 6000 companies in India, USA, SE Asia, Middle East, Australia and Africa.&nbsp;


 Investment in September 2021.

Exotel

The largest cloud based customer engagement platform in Asia.

 Sistema Asia Fund

Investments in Russian high-potential innovative startups in various sectors.

Urent is developing an app for short-term and per-minute rental of electric scooters, that are used for short-distance city trips. The company has become the first among kicksharing market players to integrate with the taxi ordering application. 
 
Investment in April 2021.

Urent

One of the largest kicksharing services in Russia.

The Mashina helps to solve all the issues that arise with the vehicle, throughout its use. The startup allows to use a new car without a deposit and first installments with fully included service using the application. 
 
 Investment in May 2021.

The Mashina

Technological platform for car ownership by subscription.

Checkbox allows businesses of any size to deliver orders on the same day of purchase. The unique advantage of the company is the machine learning algorithms for the distribution and redistribution of orders. 
 
 Investment in July 2021.

Checkbox

Оnline career development service, helping to&nbsp;choose a future profession using a unique technology based on psychometric testing, deep analysis of educational opportunities and the labor market. 
 
 Investment in July 2021.

Profilum

Digital career guidance EdTech platform for schoolchildren.

Sistema SmartTech

Investments in the technology sector. Scalability and/or possibility of localization in different geographies

GeoSplit is a high-tech oilfield services company that offers well diagnostics after multi-stage fracturing. Oil wells are diagnosed through tracer analysis by introducing propping agents marked by reporting markers that are several microns in size. It has a number of competitive advantages in terms of price and accuracy. 
 
 Investment in 2017.

Geosplit

Developer of an innovative system for the monitoring of oil-producing well inflow profiles.

One of the best app for video surveillance, remote video monitoring and video recording for security cameras, DVRs and NVRs. The Ivideon platform solution allows not only to record and save video but also to analyse it, increasing the efficiency of business processes, marketing and sales, the level of security, transparency and competitiveness of companies.&nbsp; 
 
 Investment in 2018.

Ivideon

The developer of the cloud-based video surveillance (VSaaS) and video analytics platform solution with event notifications and recordings stored either locally or in the cloud.

Texel has brought to the market several deep-tech solutions in the field of creating a parametric human model. In 2019, the team successfully passed the Founders Factory acceleration and attracted investments from Marks &amp; Spencer (top 10 clothing manufacturers in the world), launching a series of pilots with the company. Texel is a Skolkovo resident, and its clients include the largest retailers and clothing manufacturers. 
 
 Investment in 2020.

Texel

Texel is a software developer and manufacturer of professional 3D scanners for 3D models of people and large objects.

Rusnano Sistema 

Investment and asset management on financial markets for individual and corporate customers.

Sistema Capital provides: 
<ul>
	<li>asset management for non-government pension funds and&nbsp;insurance companies;</li>
	<li>management the current liquidity of companies;</li>
	<li>asset management for endowment funds.</li>
</ul>

Services for corporate customers 

Investment services for corporate customers.

Mutual investment funds allow&nbsp;to earn potentially higher returns than on bank deposits. The company provides its clients&nbsp;with: 
<ul>
	<li>оpportunity to select and adjust investment strategy and investment currency depending on the situation in financial markets;</li>
	<li>low investment threshold (from RUB 100) and affordable management fees;</li>
	<li>opportunity to buy/ exchange/ redeem (sell) units in mutual funds online;</li>
	<li>up-to-date electronic services (a personal web-account and&nbsp;mobile application).</li>
</ul>
 
 The mutual investment fund Sistema Capital – High Technology became the first among leading funds by returns in 2020, according to <a href="https://investfunds.ru/fund-rankings/fund-yield/?type_ranking=ready&dateBeginRange=07.05.2021&dateEndRange=11.08.2021&dateType=1&dateBeginMY=2021-05-01&dateEndMY=2021-08-31&date=2020-12-31&pId=3&nav=0&tId=0-3m">Investfunds ranking.</a> Its dollar-denominated returns totalled 63.2% (95.91% in rubles).&nbsp;Sistema Capital’s bond funds held high positions by yield among open bond mutual investment funds with net asset value exceeding RUB 50 mln.

Retail business and digital platform 

Sistema Capital manages assets of several open-end mutual investment funds that can be purchased online.

Sistema Capital offers for&nbsp;HNWIs: 
<ul>
	<li>individual investment strategies on Russian and global markets; </li>
	<li>tax consulting.</li>
</ul>

Funds & AM

>10

~ 30

4

Strategic Focus