Sistema Venture Capital

Investments in growth-stage tech companies. Russia, Europe, USA.

foundation

2016 year

Sistema's
stake

80 percent

the fund's
target size

10 bn ₽

target
returns

25-30 percent

Development Strategy

Sistema VC invests in internet projects that have strong unit economics and a potential of becoming an industry leader at the growth stage and also in deep tech projects at earlier stages.

It also develops internet projects in the area of communications, entertainment and the Internet of Things (IoT).

Sistema VC is a strategic partner for startups in its portfolio, brings foreign companies to the Russian market and offers development opportunities for entrepreneurs from Russia.

In 2017, the fund acquired two co-investors, Sberbank and Maginvest.

In 2017, Sistema VC won the Discovery of the Year category of the national Venture Investor award. The fund's team reviewed over 700 projects and successfully closed eight deals (including follow-on investments).

Sistema VC regularly organises and supports events on business, technology and innovations that promote technological progress and change life for the better. These events serve as a platform for exchanging experience within the industry and for introducing portfolio startups to the market.

Investment stages

A
Investment of the project at the stage of entering the market, organizing mass production and hiring a full-fledged team.
B
Scaling a company after reaching predetermined targets and developing new sales markets, expanding in a occupied niche and increasing profit margins.
Follow-ons
Late stages of development in order to create mass production and increase profits.

Investment focus

Deep Tech projects:
  • Artificial intelligence (AI) and Machine learning (ML); 

  • Computer vision;

  • Next-generation infrastructure solutions (SDN, NFV);

  • Software as a Service (SaaS), Platform as a Service (PaaS) and marketplace solutions, including advertising technologies, fintech and e-commerce.

The team

Dmitry Filatov

Managing Partner

Fund Description

VisionLabs

One of the world's leaders in computer vision and machine learning.
One of the world's leaders in computer vision and machine learning. Its flagship product is a face recognition platform, VisionLabs LUNA, which allows analysing vast amounts of photo and video data in real-time mode to detect people's faces and run them against multimillion databases. The company's technological partners are Intel, Cisco, Facebook and Google. https://visionlabs.ai/

Luden.io

Developer of VR games with a scientific component.
Developer of VR games with a scientific component. The company was set up by one of Russia's oldest game developers, Nival. The best known games, InMind and InCell, are devoted to studying biology. https://luden.io/ Cyprus: Limassol

YouDo

A Russian platform for finding contractors for everyday and business tasks.
A Russian platform for finding contractors for everyday and business tasks. All providers are checked by the service and are assessed by users, which guarantees a high quality of their work. https://youdo.com/ Russia: Moscow

SQReam

Is a developer of a leading GPU-accelerated database for massive data.
Is a developer of a leading GPU-accelerated database for massive data. 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. https://sqream.com/

Ozon

Russian online store with 18 M customers and 4 M SKUs
A Russian online multi-category store with 18 M customers and 4 M SKUs. It is included in the annual Forbes ranking of Russia's most valuable internet companies. https://www.ozon.ru/ Russia: Moscow, St Petersburg, Yekaterinburg, Tver, Tambov, Kazan

MEL Science

Educational products based on VR/AR technologies.
Developers of educational products based on VR/AR technologies. The flagship product of the service is MEL Chemistry, which comprises 38 kits for chemical experiments, a learning app and VR glasses that allow seeing chemical substances "from inside." Sistema VC and its partners invested $ 2.2 M in the service at the end of 2017. https://melscience.com / United Kingdom: London

Segmento

Russian developers that use machine learning technologies to target digital advertising.
Russian developers that use machine learning technologies to target digital advertising. The platform adjusts online ads to a user's behaviour and helps businesses to improve interaction with potential customers. https://segmento.ru/en Russia: Moscow, St Petersburg

TraceAir

Is a startup that helps construction companies reduce errors through automation.
Is a startup that helps construction companies reduce errors through automation. It 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. https://www.traceair.net/

Connecterra

Founded by the former Microsoft executive Yasir Khokhar, specialises in AI solutions for the food industry and agriculture.
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). https://www.connecterra.io/

Five

The UK self-driving company. It’s science and engineering knowledge is being applied to complex challenges the industry must solve before the widespread commercialisation of self-driving technology.
Five is a self-driving technology company founded and based in the UK. 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.

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Sistema Venture Capital