
Almaz Capital
3130 Alpine Road Suite 413, Portola Valley, CA, 94028, USA
Overview
Almaz Capital is an international venture capital firm investing in early stage, capital efficient technology companies. A unique bridge fund headquartered in Silicon Valley, Almaz Capital connects Eastern European/former Soviet engineering and entrepreneurial talent to the U.S. market and helps build global businesses. The firm invests in high-growth sectors such as artificial intelligence and blockchain applications, data engineering, cybersecurity, industrial IoT, networking architecture and infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Founded in 2008, Almaz Capital has invested in over 30 portfolio companies and has had nine exits to date.
- Total investments
- 61
- Lead investments
- 28
- Investments · 12mo
- 2
- Active investors
- 8
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Alcatraz AI
Participated · Series B · Apr 2026
Alcatraz develops the Rock™, an AI-driven physical access control solution that authenticates people as they walk past entry points without taking photographs or storing biometric images. The company positions its technology as privacy-first facial authentication (not surveillance), designed to meet GDPR, CCPA, BIPA, and other compliance requirements. Its customers include leading AI data centers, major U.S. airports, energy companies, Fortune 100 enterprises, NFL teams, and top universities. In 2025 the company reported rapid adoption metrics: more than 300% year-over-year growth in data center adoption, 200% growth in new enterprise customers, and a fivefold expansion across Fortune 500 deployments. Alcatraz has raised over $100 million in total capital and plans to use the new funding to expand into new verticals and international markets and to grow its team.
- Moonshot AI
Participated · Seed · Oct 2025
Moonshot AI has built a no-code generative AI platform that continuously analyzes user behavior, automatically creates and tests new on-site experiences, and deploys winning variations so that websites evolve without human intervention. Described by the founders as a “new species of website,” the system learns, experiments, and adapts in real time to raise conversions, sales, and revenue. Early e-commerce clients, including Yáneken and DefenAge, have reported a 30 % increase in revenue per visitor within a few months of deployment, demonstrating clear ROI. The product targets both B2B and B2C organizations, launching at a moment when many companies struggle to gain measurable impact from AI tools. Seed funding will be used to expand beyond e-commerce and scale the technology across additional industries. Co-founders Aviv Frenkel, PhD, and Evyatar Segal created the company out of personal frustrations with traditional conversion-rate optimization. As the platform absorbs more data from current and future customers, its autonomous optimization capabilities are expected to strengthen further. No additional revenue, user, or profitability figures were disclosed.
- Certivity
Led · Series A · Aug 2025
Certivity provides a structured, AI-native SaaS platform that transforms complex regulatory documents into machine-readable compliance intelligence, automating requirement extraction, regulatory updates, and native integration into engineering workflows. The product is aimed at helping companies build products while increasing security and ensuring compliance with mandatory regulations. The company is investing in onboarding, training, and customer-success capabilities to support customers at scale. It is also growing its team across engineering, product, and go-to-market functions. Certivity plans to use new funding to accelerate its go-to-market strategy, drive product development, and expand into new industries and international markets. The company raised €13.3M in a Series A to support these initiatives. Certivity builds a SaaS regulatory-compliance platform aimed initially at the automotive sector, helping automakers and suppliers keep products compliant with government and industry guidelines. The product targets engineering processes for automated and autonomous driving systems and EV developments to help deliver compliant products on time and on budget. Investor comments say the software has already convinced multiple players in the automotive industry and addresses a significant pain point. The company plans to use new capital to continue development of its SaaS product and to augment its team. Certivity is based in Munich and raised fresh funding to support those plans.
- specter automation
Participated · Seed · Mar 2025
Specter Automation offers a cloud platform that digitizes construction site execution through 3D model-based management, enabling digital planning, scheduling, visualization, documentation, and real-time progress monitoring. The software is designed to improve efficiency and transparency on construction projects. The company serves major construction firms across North America, the Middle East, Asia, and New Zealand, including Kajima Corporation, Domoplan, Implenia AG, and Nesseler Bau GmbH. Founded in 2021 and based in Cologne, Germany, Specter targets large construction clients with its 3D site-management tooling. Following the latest financing, the company plans to scale its go-to-market team, strengthen international expansion, and invest in a dedicated customer success team. Specter Automation is a Cologne-based construction tech startup founded in 2021 that builds a SaaS and automation platform for the construction industry. Its platform produces 3D graphical models of construction projects, running from the cloud to generate real estimates of cost, material usage, and lead times. The company says the platform can reduce up to 40% of "organisational effort" on site. Specter focuses on digitising on-site workflows to improve coordination, quality, adherence to schedules, and to automatically document what happens on site. The construction industry is noted in the article as having low digital adoption despite high revenue generation, which frames the market opportunity. Specter has recently raised seed funding to support its product and go-to-market progress.
- Dubformer
Led · Seed · Mar 2025
Dubformer is an Amsterdam-based AI dubbing provider for media and entertainment, founded in 2023 by Anton Dvorkovich. Its core product uses proprietary emotion transfer technology and other AI techniques to capture emotional nuances in dubbed speech. The company localizes video content for a global audience and supports over 130 languages. Dubformer serves over 200 clients globally, including Paramount and Little Dot Studios. In March 2025 the company raised €3.4 million in a seed round led by Almaz Capital with participation from s16vc, FinSight and angel investors. The funding will be used to expand its emotion transfer technology and further develop AI-powered dubbing solutions to improve emotional expression and localization accuracy.