Radar Companies Energy · Russia
Radar · Energy in Russia

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.

196companies tracked
$2.8Bdisclosed funding
0unicorns
7have raised

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.

Sources & further reading
  • International grid edge study reveals countries’ needs and readiness f
FLIAR INTELLIGENCE · ENERGY × RUSSIA

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.

441companies analysed
76%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2013median founding year

Ranked: Best Energy companies in Russia

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackMarket signals (1y)Recent signals
1Antipinsky Oil Refinery
Oil refining company
$1.8B144 mo agoFunding RaisedGennady Lisovichenko
Co-Founder
2004
2RusHydro
Owns and operates hydropower plants
$862M120 mo agoPublicNikolay Shulginov
Chairman & CEO
2004WordPress1C-BitrixMySQL+16
3Ruspetro
Provider of AI-powered hygiene monitoring and energy efficiency retrofits
$207M144 mo agoSeries CSergey Zabavsky
CEO
2012
4Rosetti
Powergrid operator in Russia
$31M137 mo agoDeadpooled2013TelescopeNode.jsMongoDB+11
5Eldis
Provider of meter data management and building monitoring solutions
$250K112 mo agoSeedVlasov Roman
Co-Founder & CEO
2012Cart Functionality1C-BitrixPHP+17
6Rosneft
Integrated oil corporation engaged in oil production and refining
51 mo agoPublicIgor Sechin
CEO
1993Node.jsLeafletVuetify+1113 signals ▼38%
Regulatory · Announcements · Earnings
7Sibur
Provider of integrated gas processing services
54 mo agoFunding RaisedMikhail Karisalov
CEO
19951C-BitrixPHPVideoJS+15
8LUKOIL
Provider of integrated upstream and downstream oil & gas services
57 mo agoPublic1991BootstrapMicrosoft ASP.NETMarionette.js+1378 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

Funding rounds
  • 2016Conventional Debt$245.9M
  • Sep 2015Conventional Debt$591M
  • May 2013Conventional Debt$25M
Founders & team
Nikolay ShulginovChairman & CEO
Investors
Sberbank CIB, Asian Development Bank
Tech stack
1C-BitrixAngularAnimate.CssCart FunctionalityCore-JsFancybox
#2
Funding Raised · Tyumen, Tyumen Oblast · founded 2004
$1.8Braised

Oil refining company

Funding rounds
  • 2014Conventional Debt$1.8B
Founders & team
Gennady LisovichenkoCo-FounderDmitry Petrovich MazurovCo-Founder & ChairmanAndriasov Maxim GrigorievichCEO
Tech stack
UbuntuNginxGoogle Font ApiOpen Graph
#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.

Funding rounds
  • 2014Conventional Debt$150M
  • 2014Series C$207M
Founders & team
Sergey ZabavskyCEO
#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

Funding rounds
  • Dec 2014Post IPO$30.7M
Investors
Russian Direct Investment Fund
Tech stack
Core-JsMobxNginxOpen GraphPwaSentry
#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.

Funding rounds
  • Jan 2017Seed$250K
Founders & team
Vlasov RomanCo-Founder & CEO
Investors
IIDF
Tech stack
1C-BitrixApache Http ServerCart FunctionalityChart.JsCore-JsDdos-Guard
#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.

Founders & team
Igor SechinCEO
Investors
BP Ventures
Tech stack
1C-BitrixCore-JsDrupalHstsJqueryJquery Ui
#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.

Founders & team
Mikhail KarisalovCEO
Investors
Sinopec Shanghai Petrochemical Company Limited, Mubadala, Russian Direct Investment Fund, Leader Asset Management
Tech stack
1C-BitrixAdriverAngularBootstrapCart FunctionalityCdnjs
#8
Public · Moscow, Moscow · founded 1991 · 103600 employees
raised

Provider of integrated upstream and downstream oil & gas services

Investors
Europa, Kingdom Holding Company
Tech stack
BabelBackbone.JsBootstrapChakra UiCore-JsEmotion
#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.

Funding rounds
  • Jun 2021Post IPO
Founders & team
Oleg DeripaskaFounderVladimir KolmogorovCEO
Investors
Mubadala, Russian Direct Investment Fund
Tech stack
1C-BitrixAosChart.JsCore-JsGoogle MapsHsts
#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

Founders & team
Alexey MillerCEO
Investors
Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, J P Morgan, UniCredit, Alfa Fortress Capital Group, Essedel
#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.

Founders & team
Nikolay TokarevCEO
Investors
Russian Direct Investment Fund, Russia-China Investment Fund, UCP Investment Group
#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.

Founders & team
Alexander KorsikCEO
Tech stack
1C-BitrixCore-JsHstsJqueryJquery UiPhp

Funding & investor landscape

$2.8Btotal disclosed funding
5companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
Russian Direct Investment Fund8 rounds
Mubadala3 rounds
Taaleri3 rounds
UCP Investment Group3 rounds
Alfa Fortress Capital Group2 rounds
Essedel2 rounds
Europa2 rounds
IIDF2 rounds
Kingdom Holding Company2 rounds
Rusnano2 rounds

Notable founders

Nikolay Shulginov
Chairman & CEO · RusHydro
Gennady Lisovichenko
Co-Founder · Antipinsky Oil Refinery
Dmitry Petrovich Mazurov
Co-Founder & Chairman · Antipinsky Oil Refinery
Sergey Zabavsky
CEO · Ruspetro
Vlasov Roman
Co-Founder & CEO · Eldis
Igor Sechin
CEO · Rosneft
Mikhail Karisalov
CEO · Sibur
Oleg Deripaska
Founder · En+ Group
Vladimir Kolmogorov
CEO · En+ Group
Alexey Miller
CEO · Gazprom
Nikolay Tokarev
CEO · Transneft
Alexander Korsik
CEO · Bashneft
RESEARCH SIGNALS · Russia

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.

research sentiment over time
201720232026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 61% → 51% across 2017–2026.
top research entities
  • Energy Research Institute121
  • Institute of Physics98
  • Moscow Power Engineering Institute28
  • Skolkovo Institute of Science and Technology19
  • Institute of Solid State Physics17
leading researchers
Bo Yuan · Mikhail Pugach · Jing Hu · Yaxiang Lu · Hong Li · Qinghua Zhang · Federico Martín Ibáñez · Zihan Meng
Breakthroughs169 · 27%
▼ 42%→25% share
▼0.6× share momentum2 median citations85% since 2021mostly methods-led
Electrochemistry research is surging — Russian breakthrough papers grew from 1 to 29, with Electrolyte and Cathode topics each exceeding 20 papers.
rising sub-themes (early→recent)
  • Electrochemistry1→29
  • Electrolyte2→26
  • Cathode1→22
  • Anode2→22
  • Battery (electricity)3→16
Newly emergingRenewable energy 0→16 · Faraday efficiency 0→13 · Capacitance 0→9
Landmark Synthesis of Nitrogen-Doped Porous Carbon Nanofibers as an Efficient Electrode Material for Supercapacitors · 1,695 cites
Advancements320 · 51%
▲ 25%→53% share
▲2.1× share momentum1 median citations95% since 2021mostly methods-led
Advancements field dominates at 53% share — Renewable energy newly emerged at 58 papers, leading Russian grid storage progress.
rising sub-themes (early→recent)
  • Energy (signal processing)1→38
  • Battery (electricity)1→36
  • Electrochemistry1→18
  • Electrolyte3→16
  • Cathode3→12
Newly emergingRenewable energy 0→58 · Power (physics) 0→48 · Photovoltaic system 0→31
Landmark Research on Advanced Materials for Li‐ion Batteries · 1,775 cites
Concerns73 · 12%
▲ 8%→12% share
▲1.5× share momentum0 median citations90% since 2021mostly reviews
Battery concern papers rose from 1 to 11 — Electrolyte and Power physics newly flagged, signaling emerging reliability worries.
rising sub-themes (early→recent)
  • Battery (electricity)1→11
  • Cathode1→9
  • Nanotechnology1→7
  • Anode1→6
  • Energy (signal processing)1→6
Newly emergingRenewable energy 0→14 · Electrolyte 0→11 · Power (physics) 0→8
Landmark Approaching Practically Accessible Solid-State Batteries: Stability Issues Related to Solid Electrolytes and Interfaces · 1,549 cites
RESEARCH HOTSPOTS · Russia

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.

Yekaterinburg85 · +0.57
Hot · SupercapacitorAdvancing · ElectrodeOpportunity · Electrochemistry
Moscow32 · +0.45
Hot · VanadiumAdvancing · ElectricityOpportunity · Electrochemistry
Saint Petersburg30 · +0.37
Hot · ElectrolyteAdvancing · CathodeOpportunity · Energy (signal processing)Concern · Electrochemistry
Nizhny Novgorod30 · +0.70
Hot · Faraday efficiencyAdvancing · CathodeOpportunity · Battery (electricity)
Novosibirsk21 · +0.56
Hot · Power (physics)Advancing · Chemical engineeringOpportunity · Capacitance
Tomsk18 · +0.47
Hot · Power (physics)Advancing · Electric power systemOpportunity · Renewable energy
St Petersburg12 · +0.44
Advancing · SupercapacitorOpportunity · Renewable energy
Kazan’11 · +0.38
Opportunity · Electricity

Common questions

How many Energy companies are there in Russia?
Radar tracks 196 indexable Energy companies headquartered in Russia that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Russia?
The Energy companies in Russia on this list have raised a combined $2.8B in disclosed equity funding across 5 funded companies.
Which is the highest-funded Energy company in Russia?
Antipinsky Oil Refinery is the highest-funded Energy company in Russia, with $1.8B in disclosed equity funding.
How many Energy companies in Russia are funded?
5 of the 196 Energy companies in Russia on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Russia?
None of the Energy companies in Russia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Russia Energy companies?
The most active investors in Russia Energy companies on this list include Russian Direct Investment Fund, Mubadala, Taaleri, UCP Investment Group, Alfa Fortress Capital Group.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon