Prospective Technologies Venture Capital

PTV invests exclusively in IT infrastructure software — the system software layer that includes databases, observability, data infrastructure, security, and cost-control tools. The firm's website explicitly states they do not invest in end-user applications or vertical SaaS. Every potential investment is screened through an "AI vulnerability" test to ensure the product is software that AI workloads demand more of, not a tool AI can replace.

Managing Partner Sergey Negodyaev sets the fund's strategy and vision. He co-leads the firm alongside Managing Director Alexander Kuraksin and Partners Nikita Yuriev and Andrei Yarantsau. Negodyaev, Yuriev, and Kuraksin all share an operating history at IIDF, the $130M AUM Russian state-backed venture fund, or at Runa Capital, and the partnership's combined experience covers financial structuring, enterprise technology, and startup scaling.

The firm sources heavily from the CIS and Eastern European technical talent pools, leveraging its partners' deep networks in those ecosystems and collaborations with accelerators like Y Combinator, 500 Startups, and Plug&Play. Negodyaev has stated he maintains relationships with over 70 venture funds in the US, EU, and Asia, and the firm's limited partners and personal contacts are used to generate warm introductions to potential enterprise customers for portfolio companies.

PTV operates as a venture capital fund focused on Seed and Series A stage companies with existing usage-based revenue, though it also evaluates earlier-stage pre-seed companies based on developer traction metrics like GitHub commit velocity and community growth. The firm has not publicly disclosed a specific fund size or total assets under management.

Several of PTV's founding partners are alumni of Runa Capital and IIDF, the Russian Internet Initiatives Development Fund that managed $130 million in AUM and made over 400 investments. Sergey Negodyaev was an early investment manager at Runa Capital and later a top manager at IIDF, while Nikita Yuriev was an IIDF portfolio manager. PTV operates as an independent entity in Wilmington, Delaware, built on the network and operational templates their team developed at those prior institutions.

The firm mandates usage-based pricing models for its investments, arguing that revenue growth tied to workload volume — rather than to headcount-based sales — is the only model that captures the "AI fan-out effect," where a single AI request can trigger 20-50x more infrastructure calls. This pricing structure is central to its downside-protection thesis.

No. PTV does not list any portfolio company names on its public website. The firm shares its investment thesis and partner backgrounds but has not published a public portfolio page or disclosed specific co-investors in named companies.