Investment Fund New Industry
Investment Fund

New Industry

About the Fund

Fund Participants and Structure:
01
PJSC Gazprom Neft;
02
GPB Bank (PJSC);
03
Russian Venture Company (RVC JSC);
04
VEB Ventures (a company of the VEB.RF);
05
General Partner of New Industry Investment Fund
Investment Fund

New Industry

About the Fund

The fund acquires non-controlling stakes in early and growth-stage startups that are developing breakthrough technologies and equipment for the oil and gas, petrochemical, energy, new materials and alternative energy (hydrogen, bio, wind energy, etc.) industries.

Fund’s Investment Focus:

Non-controlling stakes in technological startups capable of creating a scalable product in the nearterm
Modern Production Technologies:
Industrial safety, new materials, additive technologies, robotics and automation of production processes, new technologies and materials for field development, highly efficient equipment for hydrocarbon production and its transportation
Digital Transformation in the Fuel and Energy Complex:
Augmented reality, the use of AI, industrial robotics, big data analytics, product life cycle predictive analytics, digital counterparts, virtual tests, design for additive manufacturing

Startup Development Stages

01
Team
02
Laboratory hypothesis testing
03
Prototype
04
Minimum viable product (MVP)
05
Pilot
06
Manufacturing
Fund’s Investment Focus

Fund’s Mission

Fund Goals:
Stimulating the development of breakthrough technologies and
products with potential for use in the petrochemical, energy and
other industries that are of interest to fund participants, for use
on their assets in order to maintain long-term global
competitiveness and supply security of these industries.
Generating target return on invested capital.
Industry and Technology Strategy:
The fund acquires non-controlling stakes in early and growth-stage startups that are developing breakthrough technologies and equipment for the oil and gas, petrochemical, energy, new materials and alternative energy (hydrogen, bio, wind energy, etc.) industries

Investment Areas

01
Exploration and extraction
02
Logistics, processing and sales
03
Offshore projects
Industry 4.0, HSE
  • Robotization of the most challenging processes
  • Automation of production, automated technological processes control systems
  • Production safety
  • Digital twins, predictive analytics systems
  • Production control systems
  • Sensors
The Fund's technological focus is based on the current challenges of the oil and gas industry
Challenges
  • Reduced oil recovery from mature fields
  • The need to engage in the development of unconventional oil reserves and rim reservoirs
  • Increased cost of drilling
Targets
  • Enhanced oil recovery and flow intensification
  • Improving production efficiency in mature fields
  • Improving the extraction efficiency of hard-to-recover oil reserves
  • Development of unconventional hydrocarbon reserves (Paleozoic, Domanik)
  • Development of carbonate fractured reservoirs
  • Development of oil rim reservoirs
  • Increasing the accuracy and efficiency of geological exploration
The Fund's technological focus is based on the current challenges of the oil and gas industry
Challenges
  • Decreased business margins
  • Mastering new technological processes
  • Tighter regulations
  • Developing logistics across the northern seas
Targets
  • Catalyst Development
  • Hydroconversion of heavy residues
  • Additive and reagent manufacturing
  • Salt disposal
  • Icebreaker fleet modernization
The Fund's technological focus is based on the current challenges of the oil and gas industry
Challenges
  • Improving production efficiency
  • Stricter environmental standards and requirements
Targets
  • Search for new offshore drilling methods
  • Development of shelf exploration methods
  • New techniques for monitoring environmental and hydrometeorological conditions

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