Best Energy Companies in Russia
The 196 best Energy companies in Russia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Antipinsky Oil Refinery.
Russia's Energy sector, ranked here by disclosed equity funding across 196 tracked companies, is carrying more weight than the headline number suggests. Total disclosed funding hits $2.8B, and two names account for the bulk of it: Antipinsky Oil Refinery at $1.8B and RusHydro at $862M, leaving the rest of the field well behind. Ruspetro adds $207M, but after that the numbers drop fast. No unicorns yet, which tells you something about how capital has historically moved through this market. And post-sanctions infrastructure pressure is reshaping where new money looks for a home, pushing coverage toward solar electricity generation, solar PV, and EV battery technology at a pace that wasn't visible two years ago.
What I find striking is the digital signal running underneath all of this. Median install growth across energy and oil-related apps is tracking around plus 28% year-on-year across 138 tracked apps, which suggests real end-user engagement is climbing even as the funding table stays concentrated at the top. Investors like Russian Direct Investment Fund, Mubadala, and UCP Investment Group are the ones worth watching for where conviction flows next. So if you're screening this list, start with funding size, then check momentum themes, because wind and renewables expansion is already pulling attention toward distributed energy resources across the broader sector.
- International grid edge study reveals countries needs and readiness f
Our analysis of 441 Energy companies
$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Russia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Antipinsky Oil Refinery Oil refining company | $1.8B | 144 mo ago | Funding Raised | Gennady Lisovichenko Co-Founder | 2004 | — | — | — |
| 2 | RusHydro Owns and operates hydropower plants | $862M | 120 mo ago | Public | Nikolay Shulginov Chairman & CEO | 2004 | WordPress1C-BitrixMySQL+16 | — | — |
| 3 | Ruspetro Provider of AI-powered hygiene monitoring and energy efficiency retrofits | $207M | 144 mo ago | Series C | Sergey Zabavsky CEO | 2012 | — | — | — |
| 4 | Rosetti Powergrid operator in Russia | $31M | 137 mo ago | Deadpooled | — | 2013 | TelescopeNode.jsMongoDB+11 | — | — |
| 5 | Eldis Provider of meter data management and building monitoring solutions | $250K | 112 mo ago | Seed | Vlasov Roman Co-Founder & CEO | 2012 | Cart Functionality1C-BitrixPHP+17 | — | — |
| 6 | Rosneft Integrated oil corporation engaged in oil production and refining | — | 51 mo ago | Public | Igor Sechin CEO | 1993 | Node.jsLeafletVuetify+11 | 13 signals ▼38% Regulatory · Announcements · Earnings | — |
| 7 | Sibur Provider of integrated gas processing services | — | 54 mo ago | Funding Raised | Mikhail Karisalov CEO | 1995 | 1C-BitrixPHPVideoJS+15 | — | — |
| 8 | LUKOIL Provider of integrated upstream and downstream oil & gas services | — | 57 mo ago | Public | — | 1991 | BootstrapMicrosoft ASP.NETMarionette.js+13 | 78 signals ▲1014% Acquisition · Regulatory · Contracts | — |
Top 12 Energy companies in Russia
#1
Public · Moscow, Moscow · founded 2004 · 6119 employees$862Mraised▾
RushHydro is an independent power producer in hydropower sector which owns and operates utility-scale hydropower plants throughout Russia. They provide design, construction, and operation of hydropower plants and sells the electricity generated through these plants to the national grid. They have developed 9 hydropower stations fro Volga-Kama plant in the Far East with more than 10,000MW capacity, Bureyskaya hydropower plant with 2100MW capacity and Chirkey hydropower plant with 1000MW capacity etc. In 2020, the company recorded annual revenues of $5.3 B and a net profit of $640.6 M
- 2016Conventional Debt$245.9M
- Sep 2015Conventional Debt$591M
- May 2013Conventional Debt$25M
#2
Funding Raised · Tyumen, Tyumen Oblast · founded 2004$1.8Braised▾
Oil refining company
- 2014Conventional Debt$1.8B
#3
Series C · Moscow, Moscow · founded 2012$207Mraised▾
Provider of AI-powered hygiene monitoring and energy efficiency retrofits. This company offers an artificially intelligent monitoring system for hand hygiene compliance in healthcare settings, aiming to prevent infections. Additionally, it provides energy efficiency retrofits for various building types, including condominiums, apartments, and commercial spaces, resulting in significant energy cost savings. The retrofits incorporate tailored solutions with warranties and aim for low failure rates. The company also offers electrical contracting services.
- 2014Conventional Debt$150M
- 2014Series C$207M
#4
Deadpooled · Moscow, Moscow · founded 2013 · 220000 employees$30.7Mraised▾
Rosetti is an operator of energy grids in Russia, claiming to be one of the largest electric companies in the world. The company maintains 2.29 million km of power transmission lines, 480,000 substations with a transformer capacity of more than 751 GW. In 2014, net power supply to consumers amounted to 718 billion kWh. The asset portfolio of the company includes 43 subsidiaries and affiliates, including 14 inter-regional and the main network company. In 2021, the company recorded annual revenues of $14.5B and a net profit of $0.79B
- Dec 2014Post IPO$30.7M
#5
Seed · Saint Petersburg, Northwestern Federal District · founded 2012$250Kraised▾
Aldis offers meter data management and building monitoring solutions. It collects meter data for utilities from residential and commercial customers. Consumers can get their details of meter data through the platform.
- Jan 2017Seed$250K
#6
Public · Moscow, Moscow · founded 1993—raised▾
Rosneft is a Russian integrated oil corporation engaged in the production and exploration of oil and gas. It offers refined petroleum products such as diesel, gasoline, jet fuel, fuel oil, and petrochemicals. The company is headquartered in Moscow, Russia.
#7
Funding Raised · Moscow, Moscow · founded 1995 · 50000 employees—raised▾
Provider of integrated gas processing services. The company is intended to produce energy products and petrochemicals. Their services include processing of natural resources in an environment-friendly way to produce energy products and petrochemicals, enabling the clients to deliver highly competitive products.
#8
Public · Moscow, Moscow · founded 1991 · 103600 employees—raised▾
Provider of integrated upstream and downstream oil & gas services
#9
Public · Moscow, Moscow · founded 2002 · 96617 employees—raised▾
Producer of low-carbon aluminium and biggest independent renewable energy generator. The company’s operations encompass the entire aluminum production cycle, from raw material extraction to final product marketing. It also participates in all facets of the electrical energy sector, spanning generation to delivery to end consumers.
- Jun 2021Post IPO—
#10
Public · Saint Petersburg, Northwestern Federal District · founded 1989 · 469000 employees—raised▾
Gazprom is involved in geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel as well as generation and marketing of heat and electric power. In 2020, the company recorded annual revenues of $90.5 B and a net loss of $-921.2 MIn 2021, the company recorded annual revenues of $117.3B and a net profit of $25.44B
#11
Public · Moscow, Moscow · founded 1993 · 595 employees—raised▾
Transneft is a public joint-stock company. It provides services in the transportation of oil and oil products through pipelines & trucks. In 2021, the company recorded annual revenues of $14.11B and a net profit of $2.36B.
#12
Funding Raised · Moscow, Moscow · founded 1932 · 9291 employees—raised▾
Bashneft PJSOC is an integrated oil company that engages in exploration and production, refining, and marketing activities. Its operational assets are located in the Russian producing regions of Volga-Urals, Timan-Pechora, and Western Siberia. In many of its fields, Bashneft has utilized a number of geological and engineering operations, like hydraulic fracturing, to sustain production numbers. Refining and marketing (downstream) operations are also located throughout Russia. Through the downstream business it produces and distributes diesel, gasoline, fuel oil, and other by-products. Petroleum products are sold either domestically, through retail stations, or to neighboring countries.
Funding & investor landscape
Notable founders
How research on Grid Energy Storage is moving in Russia
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 629 Russia-affiliated papers.
- Energy Research Institute121
- Institute of Physics98
- Moscow Power Engineering Institute28
- Skolkovo Institute of Science and Technology19
- Institute of Solid State Physics17
- Electrochemistry1→29
- Electrolyte2→26
- Cathode1→22
- Anode2→22
- Battery (electricity)3→16
- Energy (signal processing)1→38
- Battery (electricity)1→36
- Electrochemistry1→18
- Electrolyte3→16
- Cathode3→12
- Battery (electricity)1→11
- Cathode1→9
- Nanotechnology1→7
- Anode1→6
- Energy (signal processing)1→6
Where energy storage is researched across Russia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.