New Industry Ventures

The firm targets minority stakes in early-stage and growth companies developing technologies for Russia's oil and gas extraction, processing, and Arctic logistics sectors. Its stated focus spans upstream challenges — enhanced oil recovery, digital twins, drilling efficiency — and downstream processes like catalyst development and heavy residue hydrocracking.

The firm's public materials do not list any excluded sectors. However, its entire disclosed mandate is concentrated on industrial technology for the extractive industries. There is no indication of interest in consumer technology, enterprise software outside of industrial applications, healthcare, or financial services.

No. The firm explicitly states on its website that it invests in and co-invests in non-controlling ownership stakes. It operates as a minority partner alongside other investors and strategic industrial players.

The firm does not publicly disclose any named principals, investment committee members, or team bios on its website. No individual decision-makers are identified in available sources.

The sourcing model is not publicly described. Given the highly specialized industrial focus — mature oilfield technology, Arctic logistics, refining chemistry — deal flow likely originates through direct relationships with Russia's national oil companies and industrial conglomerates, though no specific origination channels are disclosed.