KAMA FLOW and OSNOVA CAPITAL intend to invest up to 1 billion rubles in the "Piklema" Group.

KAMA FLOW and OSNOVA CAPITAL Invest up to 1 Billion Rubles in the "Piklemma" Group – a Global Consortium of Experts on the Digital Transformation of the Mining Industry

The investment company KAMA FLOW will lead the investment round in the "Piklemma" group of companies ("Piklemma" Group). Together with OSNOVA CAPITAL, KAMA FLOW will provide the consortium with total investments of up to 1 billion rubles.

The relevant agreement was signed during the INNOPROM International Industrial Exhibition in Ekaterinburg.

Currently, there is a shortage of companies in Russia offering ready-to-use IT products for the mining sector, along with the supply of best available technologies across the entire production chain – from automating drilling and blasting operations to the robotization of mining equipment and beneficiation technologies.

The agreement with KAMA FLOW and OSNOVA CAPITAL opens up opportunities for the "Piklemma" Group to reach a new level of development: increasing revenue and consolidating technological teams to offer comprehensive digitalization solutions, as well as strengthening its position in both domestic and international markets. Russian consumers will benefit from a guaranteed level of product quality, implementation, and business process transformation, which, as a result, will ensure the effective use of digital technologies.

The agreement will help strengthen the technological sovereignty of Russia’s mining industry and provide subsoil users with modern solutions for industrial tasks.

KAMA FLOW will act as the lead investor of the round and, together with OSNOVA CAPITAL, will provide strategic support for the project, including participation in future funding stages and scaling of the product portfolio. OSNOVA CAPITAL will also provide industrial expertise and contribute to market promotion of the products, leveraging its experience and established client relationships.

For KAMA FLOW, this agreement marks the first deal under the new high-tech investment fund with a target size of 10 billion rubles.

Pavel Okhonin, Partner at KAMA FLOW, commented:

“The deal with the ‘Piklemma’ Group is the first for KAMA FLOW’s new fund and perfectly illustrates our strategy: investing in Russian technology companies capable of becoming market leaders both in Russia and abroad. We believe that the combination of an ambitious entrepreneurial team, the scientific expertise of the Piklemma Group, and a rapidly growing market for digital solutions in the mining sector provides a strong foundation for creating a global technology champion.”

Mikhail Makeev, Managing Director of the "Piklemma" Group, noted:

“Together with KAMA FLOW and OSNOVA CAPITAL, we are building a leader in the digital transformation of the mining sector. Investments in the development of the Piklemma Group, combined with KAMA FLOW’s and OSNOVA CAPITAL’s ability to collaborate with subsoil users and equipment suppliers, will allow us to create an innovative ecosystem for automation and robotization of Russia's mining industry. We are building the future of efficiency and safety in mining operations.”

Alexander Babaev, CEO of OSNOVA CAPITAL, emphasized:

“Integrating technologies from the Piklemma Group into the OSNOVA CAPITAL asset ecosystem creates a synergy effect, offering clients in the mining sector comprehensive solutions – from the automation of individual processes to the full-scale robotization of mining operations.”