# D&FG Elements

D&FG Elements is a Single Family Office based in London, United Kingdom.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 2014
- **Assets under management:** Under $50M (Altss estimate)
- **Website:** dfgelements.com
- **LinkedIn:** https://uk.linkedin.com/company/dfg-elements

## Regulatory record

- **Reports private funds:** No

## About

D&FG Elements was established in 2014 as the venture investment arm of Dobrov & Family Group, an international holding company based in London. The firm deploys proprietary family capital rather than external LP money, targeting mission-driven founders across Europe and North America. The parent group also operates DFG Real Estate, but the venture unit operates with a distinct mandate built around early-stage technology deployment. The firm concentrates its direct-investment firepower on four core verticals: artificial intelligence, fintech, climatetech, and proptech. Within AI, the stated focus is the application layer — startups that build proprietary models on manageable computational budgets. Fintech investments target the enabling-technology layer, reflecting an explicit preference for capital-light, regulatory-friendly business models. In climatetech, D&FG Elements backs scalable solutions for energy and urban infrastructure, including a 2024 seed-round position in Swiss solar-energy startup Perovskia Solar AG alongside Kickfund, Nils Hagander, and Beda Rohner. The team avoids high-capex, long-cycle infrastructure plays, instead filtering for companies that have already shown commercial traction through pilots or revenue partnerships. Beyond direct deals, the firm also maintains a fund-of-funds sleeve, though specific fund commitments remain undisclosed. The operation is lean: public profiles highlight a senior investment analyst with 15-plus deals deployed, a legal counsel specializing in venture transactions for family offices, and a finance lead steeped in private-equity reporting. Investment sourcing draws on a formalized collaboration with three leading UK universities — Imperial College, the University of Oxford, and the University of Cambridge — a relationship D&FG Elements’ Head of Innovation described in a 2020 interview as central to its early-stage pipeline. In August 2020, the UK Business Angels Association featured the firm’s approach to deep-tech investing in the British ecosystem. In 2024, the firm participated in the Perovskia Solar AG seed round, reinforcing its active climatetech posture. What differentiates D&FG Elements structurally is its positioning as a hybrid venture platform: it behaves like an institutional VC in its university-sourced, board-ready diligence process, yet operates with the cost-of-capital flexibility and indefinite hold periods of a single-family office.

## Sectors

- AI/ML
- ClimateTech
- FinTech
- PropTech
- Digital Health
- Data Analytics
- WaterTech

## People

- Nikita Chirkov — Head of Innovation

## Questions

### Who runs investment decisions at D&FG Elements?

Nikita Chirkov serves as Head of Innovation and has been the public face of the firm's strategy discussions since at least 2020.

### How does D&FG Elements source proprietary deal flow?

The firm maintains formal relationships with Imperial College, University of Oxford and University of Cambridge for early-stage deep tech opportunities.

### Does D&FG Elements participate in fund commitments or only direct deals?

The office uses both direct co-investments and SPVs as well as limited commitments to external funds.

### What investment stages does D&FG Elements typically target?

Primary focus is Seed and Series A rounds, with some activity extending to Series B.

### Does D&FG Elements maintain philanthropic structures?

The firm lists philanthropic and mission-related investing among its permitted investment types.

### What is D&FG Elements known posture on co-investments alongside external GPs?

The office has executed co-investments, including the 2024 Perovskia Solar AG seed round with Kickfund and individual angels.

## Related profiles

- [kANU/WealthRx Advisor Network](https://altss.com/profile/kanu-wealthrx-advisor-network)
- [ISAR AG](https://altss.com/profile/isar-ag-harlander-family-office)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/d-fg-elements

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