
Kama Flow
NABEREZHNAYA TOWER, PRESNENSKAYA NABEREZHNAYA 10, OFFICE 801, Moscow, Moscow City, Russian Federation
Overview
KamaFlow is an independent investment firm that was founded in 2012 in Moscow, Russia. Kama Flow is specialized in innovative technologies in the fast-growing sectors. Kama Flow's competitive advantage has been grounded in a value-added investment approach that has enabled the firm to deliver high level services to its clients.
- Total investments
- 4
- Lead investments
- 3
- Investments · 12mo
- 2
- Active investors
- 6
Sector focus
- Venture Capital
Investment portfolio
- Callisto Vision
Led · Equity · Apr 2026
Callisto Vision develops and deploys high-tech hardware and software systems for marking, serialization, aggregation and quality control, and is part of the Callisto group alongside Callisto Services. The company supplies solutions both as integrated hardware–software complexes and as a service offering that allows manufacturers to adopt tracing without upfront capital expenditures. One flagship technology is a proprietary laser marking system for beverage aluminum cans capable of coding up to 80,000 units per hour and burning codes on can openers without stickers. That marking technology is protected by patents in three jurisdictions, with filings planned in six more. The group has stated plans for several M&A transactions to expand in Russia and with foreign partners. The recent 700 million ruble investment from KAMA FLOW is earmarked to scale Callisto Vision’s business domestically and internationally.
- YourTunes
Led · Equity · Apr 2026
Founded in late 2020 by Dmitriy Koltsov and Mikhail Shorin, YourTunes offers independent artists and labels a subscription-based platform for automated release distribution to streaming services, monetization and promotional tools. The company also develops infrastructure that blends music promotion with gamification to help drive engagement and revenue for creators. YourTunes operates a tiered subscription model that lets artists and labels choose how many releases they publish per month. Reported financials show 21 million rubles in revenue and a 2.8 million ruble net loss for 2024, with revenue growing to 53 million rubles by the end of 2025. Ownership stakes reported via Rusprofile list Koltsov and Shorin with 33.68% each, Andrey Makeev and Roman Loginov with 8.42% each, Malina Ventures and Eduard Adamyan with 6.9% each, and Alexey Markov with 2%.
- DentalPro
Led · Equity · Dec 2023
DentalPro builds an information system (MIS) for dental clinics and a marketplace of additional integrations. The service operates on a subscription model. MRR doubled over the past year and exceeded ₽6 million. The company plans to use the new funding to expand its technological toolkit, multiply subscribers, and adapt and launch the product in MENA markets. Investors project DentalPro could capture a substantial share of the Russian MIS market for private dentistry by 2027, a segment estimated at ₽5 billion annually. Potential international expansion could open markets with a combined annual volume of more than ₽20 billion.
- SimpleEstate
Participated · Equity · Dec 2023
SimpleEstate operates an online investment platform enabling investors to commit from ₽100,000 into professionally selected commercial real-estate properties. The company was founded in 2019 by former Goldman Sachs banker Nikita Kornienko and is listed in the Central Bank of Russia’s registry of investment platforms. Its real-estate portfolio is valued at over ₽1.3 billion, and the platform reports more than 10,000 registered investors. In August 2022 SimpleEstate raised ₽30 million from private fund AYR Capital in exchange for 13% of the company. In December 2023 the company received ₽30 million from venture funds Kama Flow, Malina VC and AYR Capital. Most recently SimpleEstate attracted ₽2.6 million from 19 participants of the Venture Academy 6, who joined a larger round that had already closed ₽30 million. The founder has stated plans to raise an additional ₽20 million from a syndicate of private investors in 2024. SimpleEstate operates an online platform for collective investments in commercial real estate, allowing users to invest from 100,000 rubles in professionally selected properties and is listed in the Central Bank of Russia's registry of investment platforms. Founded in 2019 by former Goldman Sachs banker Nikita Kornienko, the company manages a real-estate portfolio valued at more than ₽1.25 billion and aims to grow it to ₽15 billion within five years. The platform reports average historical investor returns of about 25% annualized. Financially, SimpleEstate posted ₽15.6 million revenue for the first eight months of 2023 (an 86% increase versus full-year 2022) and expects roughly ₽30 million for full-year 2023. Management says the newly raised capital will be used to expand the team, continue platform development and fund marketing, and that it plans to raise an additional ₽20 million from a syndicate of private investors in 2024. Prior fundraising includes a ₽30 million August 2022 investment from private fund AYR Capital in exchange for a 13% stake.