Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
New Industry Ventures is a venture capital fund based in Moscow, Russia, established to invest in non-controlling stakes in high-tech companies. The fund primarily focuses on breakthrough technologies and equipment for the oil and gas industry, as well as sectors such as petrochemicals, energy, new materials, and alternative energy sources. The firm is backed by prominent state-linked entities including Gazprom Neft, Gazprombank, RVC (Russian Venture Company), and VEB Ventures.
Currently, New Industry Ventures operates with a focus on technological startups that can develop industrial products in the near future. The fund's investment strategy encompasses various stages of project development, from team formation to factory production. Despite the geopolitical context and sanctions affecting its operations, the fund continues to seek opportunities in high-tech innovations that align with modernization and digital transformation in the energy sector.
The investment strategy of New Industry Ventures encompasses a wide range of sectors, including energy, industrial, artificial intelligence (AI), and the Internet of Things (IoT). The fund invests across multiple stages, including pre-seed, seed, seed-plus, Series A, Series B, and Series C. It specifically targets startups that are developing technologies for modern production, focusing on safety in manufacturing, new materials, additive technologies, robotics, and automation.
Additionally, New Industry Ventures emphasizes digital transformation technologies in the energy sector, such as augmented reality, AI, industrial robotics, big data analysis, predictive analytics, and digital twins. The firm seeks to partner with startups that can contribute to the modernization of the oil and gas industry and related sectors, aiming for innovations that can lead to significant industrial advancements.
Startups interested in pitching to New Industry Ventures should send their proposals via email to fund@newindustry.vc. It is recommended to include a comprehensive pitch deck that outlines the startup's technology, market opportunity, and team qualifications. Founders should expect a response time that may vary, given the fund's operational context.
What are the investment criteria for New Industry Ventures?
New Industry Ventures focuses on high-tech startups that develop breakthrough technologies for the oil and gas industry, petrochemicals, energy, new materials, and alternative energy sources. The fund invests in various stages of project development, from team formation to factory production.
How can startups apply or pitch to New Industry Ventures?
Startups interested in pitching to New Industry Ventures can reach out via email at fund@newindustry.vc. It is advisable to include a detailed pitch deck outlining the technology, market potential, and team background.
What makes New Industry Ventures different from other venture capital firms?
This fund is uniquely positioned as a joint venture backed by state-linked entities, which provides access to significant resources and networks within the energy sector. Their focus on non-controlling stakes allows for collaborative partnerships with startups.
What is the geographic scope of New Industry Ventures?
The fund primarily invests in startups located in Europe and Asia, focusing on high-tech innovations that can impact the energy and industrial sectors.
What is the fund size and typical check size?
The specific fund size is unclear, but it is reported to be under $5 million. The check sizes vary depending on the stage of investment, typically aligning with pre-seed to Series C funding rounds.
What kind of post-investment involvement does New Industry Ventures have?
While specific details on post-investment involvement are not disclosed, the fund's focus on technological innovation suggests an interest in supporting portfolio companies through operational guidance and strategic partnerships.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.