Z
Zyfra
Moscow-based industrial software group digitising mining and heavy industry
About Zyfra
Zyfra (Tsifra) is a Moscow-based group of companies that builds industrial software for Russian heavy industry, with its main focus on mining and metallurgy. Founded in 2017, it grew partly through acquisitions such as VIST Group, a long-standing provider of mining automation in Russia and the CIS.
Its products run on the in-house ZIIoT industrial data platform and include the Tsifra Karyer (OpenMine) dispatch and fleet management system for open-pit and underground mines, a mining MES, load and fuel monitoring for haul trucks, MDCplus machine monitoring, and predictive analytics for plants in mining, metals, oil and gas and chemicals. The group has 13 offices in Russia and Kazakhstan.
Zyfra was originally run from Helsinki through Zyfra Oy, but the Russian group exited that subsidiary in 2023 and now has no Western investors; the Finnish entity was renamed and was deregistered in November 2025. Its autonomous haul truck unit, Tsifra Robotics, cut almost all of its development team in June 2026 after the owner stopped funding it, leaving software for mining and industry as the core business.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Moscow, Russia
- Employees
- 201
- Open positions
- None listed
- Dealroom signal
- 60.1/100
- Sector
- Robotics, Mining Technologies, Core AI, Nordic Rising Star 2022, Hard Tech, AI Applications, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning, IoT InternetOfThings
- Business model
- Manufacturing, SaaS
- Client focus
- B2B
- Investment activity
- 1 company, latest Nov 2018
- Capital deployed
- —
- Preferred round
- ACQUISITION
News
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jan 2021 | $13M | $54M | VEB Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Zyfra is 89K monthly website visits, down 19.1% over the last three months. Zyfra's team declined 9% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Zyfra in the Moscow ecosystem
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
- VVVEB Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Zyfra on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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