🦊/Investors

Kama Flow

Venture capitaloperating company · company profile

Moscow · Seed–Late Stage · 2 people tracked

Find your way into Kama Flow

239 people in our graph share verified history with the Kama Flow team — schools, employers, funds. One of them is your warm intro.

Hannah Sealunlockedknows Kirill Tishin · together at Roland Berger Strategy Consultants (overlapped)
×3knows the team · via Roland Berger Strategy Consultants
×4knows the team · via Lomonosov Moscow State University (MSU)
×4knows the team · via Higher School of Economics
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Investment thesis

KAMA FLOW positions itself as a partner rather than just an investor, working with technology companies across various stages in fast-growing economic sectors. Alongside financing, it shares expertise and provides development infrastructure across Russia, Southeast Asia, and West Africa. Its focus spans information technology, industrial innovation, and life sciences, backing scientific and engineering teams building products competitive in international markets.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Moscow, RU
Instruments
Equity
Founded
2012
AUM
$200M
Tracked investments
36

Team · 2 people

from public directories

What they invest in

from 29 of 36 portfolio companies

SaaS ×13AI & Machine Learning ×11Enterprise Software ×10Hardware ×8Advanced Manufacturing ×6Data & Infrastructure ×4Digital Health ×4Healthtech ×4

HQs:Russia×21

Who they back

founder profiles across 8 portfolio companies
88%
solo founders
7 of 8 mapped founding teams

Founding team size:solo founder×72 founders×1

Investments · 36 tracked

founders shown can be your intro path
Mvsystemmvsystem.ru✓ verified

MVSystem develops software solutions for healthcare facilities, including documentation, telemedicine, remote equipment management, and patient monitoring systems.

Digital HealthHardwareHealthtechMedical DevicesSaaSSaint Petersburg, RU

3Divi3divi.comin𝕏Oct 2021 · $3.5M

3DiVi develops human recognition and tracking APIs and SDKs for system integrators and software suppliers building applications across smart cities, enterprises, biometrics, security, and healthcare.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareHardwareIoTSaaS

Dmitry Morozov(Founder)in

Bitblazebitblaze.ru

BITBLAZE is a Russian manufacturer of data storage systems, servers, workstations, and computing hardware with more than 16 years of experience.

Cloud ComputingData & InfrastructureEnterprise SoftwareHardwareMarketing TechMedia & Entertainment

Callistovisioncallistovision.ru

Callisto Vision provides a tracking and tracing software system with a modular architecture for managing production lines, object marking data, and manufacturing workflows.

Advanced ManufacturingAI & Machine LearningData & InfrastructureEnterprise SoftwareHardwareIoTLogistics & Supply Chain

Павел Булгаков(Генеральный директор)Антон Харитонов(Исполнительный директор)

Campusappcampusapp.ru

Matclass LLC operates Campus, a mobile application providing free access to educational institution schedules across Russia.

ConsumerEdTechSaaSSocialMoscow, RU

Celsuscelsus.ai

Celsus develops artificial intelligence software for analyzing medical imaging, specifically mammograms and chest X-rays, to help radiologists detect diseases and pathologies.

AI & Machine LearningDigital HealthHealthtechMedical DevicesMoscow, RU

Nikita Nikolaev(Founder)in

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Chatmechatme.aiin

ChatMe.ai builds AI agents for businesses, offering demonstrations and commercial proposals to prospective clients.

AI & Machine LearningEnterprise SoftwareSaaS

Dental Prodental-pro.online

DentalPRO is a medical information system designed for dental clinics and practices in Russia.

Digital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSInnopolis, RU

Ecomcomecomcom.io

EcomCom is a platform that enables sellers to manage product listings, orders, inventory, and pricing across multiple Russian marketplaces from a single interface.

B2B MarketplacesE-commerceRetail TechSaaS

Fanatbaikalafanatbaikala.ru

Fanat Baikala is a catalog and booking service for tours and vacations at Lake Baikal in Russia, letting users browse tour options by rating and submit requests to have trips arranged.

MarketplacesTravel & Hospitality

Fisgroupfisgroup.ru

FIS Group develops a low-code application platform and suite of enterprise software solutions for financial institutions, including CRM, collection automation, credit decision support, fraud detection, and procurement management systems.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareFintechSaaS

Gagarinroboticsgagarinrobotics.ru

Innovotech is a Russian developer of SMART LR software and robotic systems designed to automate the repair of thermal units at metallurgical and cement plants.

Advanced ManufacturingHardwareRobotics

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Goodsforecastgoodsforecast.ru

GoodsForecast develops machine learning and AI-based software for demand forecasting, inventory management, and planning optimization, serving retail and FMCG companies including enterprise clients.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainRetail TechSaaSMoscow, RU

Андрей Лисица(Генеральный директор)

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Icrosswalkicrosswalk.ru

SmartC (ООО «Смарт Си») develops and manufactures intelligent pedestrian traffic management systems for Smart City applications, including the iCrosswalk light-signal warning system that uses computer vision and YOLO neural networks to detect pedestrians at unregulated crossings and alert drivers.

AI & Machine LearningGovTechMobility & Transportation

Anisimov Ilya Aleksandrovich(Founder & CEO (General Director))

Co-investorsFriendly VC

Ksitestksitest.ru

A bioinformatics company applying genetics and selective breeding methods to livestock, offering genetic analysis for animal husbandry and breeding programs.

AgTechAI & Machine LearningBiotech

Соосновательница, генеральный директор(Co-founder & CEO)Сооснователь, операционный директор(Co-founder & COO)

Limenbiolimenbio.comin𝕏

Limenbio develops gas-based preservation technology (branded HIPPER) for keeping viable cell grafts, tissues, and organs — including red blood cells, skin grafts, and hearts — using a modified gas atmosphere.

BiotechDeep TechMedical Devices

Alexander Ponomarev

Miningwaveminingwave.ru

Mining Wave develops magnetic-pulse treatment technology to improve ore processing efficiency and extraction rates for mining operations.

Advanced ManufacturingHardwareNew Materials

Eduard Vladimirovich Adamyan(Managing Partner)Anna Valerievna Plotnikova(Director)

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Piklemapiklema.ru

Piklema provides digital transformation services and predictive analytics software for mining companies, optimizing haul truck and equipment operations, production planning, and maintenance.

Advanced ManufacturingAI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSMoscow, RU

Mike Makeev(Founder)in

Co-investorsOsnova Capital

Platformecoplatformeco.ruin

Platform Eco provides an integration, orchestration, and automation solution designed to replace foreign integration platforms for Russian enterprises.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSMoscow, RU

Roborobo.ooo

A robotics company that provides cleaning robots and management software to reduce cleaning costs and improve productivity for commercial facilities.

AI & Machine LearningEnterprise SoftwareHardwareIoTRoboticsSaaS

Roleandplayroleandplay.ru

Company that develops, publishes, and sells video games and in-game items, including creating virtual worlds with graphic visualization, design, and behavior simulation.

AI & Machine LearningGaming

Sarafanclientsarafanclient.ru

A construction and interior design service provider that works with affiliate partners to generate client leads in Russia.

B2B MarketplacesConstruction Tech

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Simpleestatesimpleestate.ru

SimpleEstate is an online investment platform for commercial real estate, letting individuals invest in professionally selected properties through a collective investment model to earn rental income and capital growth.

FintechPropTech

Никита Корниенко(Founder)in

Smallysmally.me

Smally (Смолли) is a crowdlending platform where individual and corporate investors provide loans directly to sole proprietors and legal entities seeking financing.

FintechMarketplaces

Stereotechstereotech.org

Stereotech manufactures 3D printers and provides industrial parts printing solutions, including pump impellers, membranes, and seals for equipment manufacturers and service providers.

Advanced ManufacturingDeep TechHardwareMoscow, RU

Terebraterebra.ru

Terebra produces unrefined sunflower oil (1st grade, GOST 1129-2013) made from sunflower seeds without extraction.

FoodTech

U2Yu2y.tech

U2Y offers custom-printed clothing and merch made with reactive dye printing that bonds the design into cotton fibers across the entire garment, marketed as more durable than DTG, screen printing, or sublimation.

Advanced ManufacturingConsumerE-commerce

Co-investorsMoscow Seed FundMoscow Venture Fund (formerly Moscow Seed Fund)

Yourtunesyourtunes.net

YourTunes is a digital music distributor that publishes artists' releases to over 50 streaming platforms and online stores and monetizes their music on YouTube Content ID, UGC platforms, and social media.

Creator EconomyMedia & EntertainmentSaaS

Zdoroviezdorovie.ru

Zdorovie.ru develops digital health platforms and software solutions for the healthcare sector, offering patients online health diaries and analytics tools while providing doctors with diagnostic and treatment monitoring capabilities.

Digital HealthHealthtechSaaSWellness & Fitness

Co-investorsMoscow Venture Fund (formerly Moscow Seed Fund)

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Ades GroupCarbosilInnoflowNeschRefinSmartanalyticsTwohornunicorn

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Kama Flow made?
Kama Flow has 36 tracked investments.
What stage does Kama Flow invest at?
Kama Flow invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Kama Flow focus on?
Kama Flow focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Deep Tech, EdTech, Enterprise Software, Hardware, Healthtech, Medical Devices, New Materials, SaaS.
Where is Kama Flow located?
Kama Flow is headquartered in Moscow, RU.
Who does Kama Flow co-invest with?
Kama Flow most often shares deals with Moscow Venture Fund (formerly Moscow Seed Fund), Friendly VC, Moscow Seed Fund, among 4 tracked co-investors.

Media · Podcasts & interviews

from their channel

Партнер KAMA FLOW Павел Охонин в эфире РБК – о том, почему интерес инвесторов смещается в сторону ИИ

KAMA FLOW - частная инвестиционная компания

Images

Kama Flow photoKama Flow photo

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