ERMAK is a conduit for supporting development of commercial, social and philanthropic ventures predominantly across technology, real asset and creative sectors.

ERMAK believes in power of partnerships and conducts investment activities either directly or in collaboration with its associated investment vehicles:

Concentric – regulated investment partnership predominantly focused on early stage European digital technology businesses;

Supremum Capital – a hands-on investment office building innovative enterprises with a key focus on Russia and CIS.

ERMAK’s direct investment activities focus on a wider range of direct and fund investments with a focus on diversification and wealth preservation.

In addition to its investment activities ERMAK supports a number of enterprises that perform an important social or creative function as part of their mandate.

Investment Mandate

ERMAK has a diversified sector focus with core areas of expertise in new economy sectors: digital and resource efficiency with ventures that are aiming to augment and automate traditional economy sectors.

Within those sectors we aim to identify highly relevant, distinct and defensible business models led by committed and agile entrepreneurs.

ERMAK prefers companies at an early stage of their development that we call ‘post-product’. Sadly we don’t have bandwidth to support seed stage businesses and have partnered with Seedcamp and EF for such investments.

We generally avoid businesses operating in saturated markets without a clear competitive advantage, companies that do not exhibit an ability to become substantially profitable or ideas that are not solving a substantial and clearly identifiable customer issue.

Outside of technology we focus on ‘real asset’ investments within traditional sectors, such as infrastructure and real estate. We prefer businesses that are cash generative, are undervalued by the market and where we can add strategic value.

To supplement the venture investment strategy ERMAK selectively invests into alternative credit and similar products for wealth preservation purposes.

Partnership Approach

ERMAK believes in the power of partnership – both with other investors and enterpreneurs.

We prefer to act as an active lead investor. Our combined team brings a wealth of experience across the sectors we active in. Collectively we are able to deploy this experience and network in helping companies grow.

On the flip side we expect frequent communication and openness from entrepreneurs we back. We prefer to spend our waking hours working with people we like and trust.


Social and Creative Activities

ERMAK Group has a long-standing history of supporting creative and social enterprises.

Creatively we aim to foster immersive experiences via architecture, artistic design and craft as well as performances arts. Over the years this has manifested itself in us building a multi-faceted presence in portfolio of collectable design, craft and contemporary dance activities.

Socially ERMAK runs an ongoing programme to support a limited range of focused projects that have a social and societal impact function.

We value our Russian heritage and prioritise where relevant cross-cultural projects.

  • TON

    Telegram will leverage their existing core user base and the programmable incentives offered by a cryptocurrency to build an ecosystem for a wide array of products, from financial services to file storage.
  • Memory

    Software to track how users spend their time across devices, Memory seeks to help people manage their most precious resource – time.
  • Black

    Fundamentally rethinking insurance, Black promises to open up the industry to a wider array of syndicate participants, eliminate middle men and improve the rate of innovation.
  • Beckley Canopy Therapeutics

    Beckley Canopy Therapeutics is a biopharmaceutical company designed to research and develop innovative cannabis-based health products, with a strict focus on intellectual property protection.

    A collaborative joint venture, Beckley Canopy represents a partnership between world-renowned drug researcher Lady Amanda Feilding, Founder and Director of the Beckley Foundation, with Canadian cannabis pioneers Canopy Health Innovations.
  • Homeshift

    Homeshift is a super-simple online dashboard to track all household bills and services saving you time and money. Energy, Water, Council Tax, Broadband, Home Insurance and more is all managed from one place. Homeshift’s smart tech helps you reduce your paperwork, keep track of costs, renewal dates and usage, plus we always have a real-life expert on hand to help you with your all bills and services
  • Digital Risks

    Digital Risks provide a range of commercial insurance products, designed to meet the evolving needs of technology and media businesses.
  • Insly

    Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users.
  • Heist Studios

    Heist has a simple mission: to build the underwear brand of the future, starting by reinventing the humble pair of tights.
    In the first 12 months, the business has sold over 100,000 pairs of tights from its UK base, and has been growing at 25% month on month. The company has received a number of accolades, including Vogue telling its readers that “Heist lives up to the hype,” and STYLE magazine naming them the “unequivocal winner” in their luxury tights test.
  • Frontier Car Group

    Frontier Car Group is a Berlin-based startup which develops, launches, and operates used-automotive marketplaces within emerging market economies, with operations in Nigeria, Mexico, Chile, Turkey, Pakistan, and Indonesia.
  • Lesnaya, 43

    B+ class office building in Moscow with over 12 000 m2 GIA located in White Gardens business district

    Public is a venture capital company that supports technology startups aiming to work more deeply with the UK’s public services.
  • Sarah Myerscough Gallery

    Established in 1998, Sarah Myerscough Gallery promotes formal and aesthetic innovations within the contemporary visual arts by breaking down boundaries between fine art, craft, design and architecture. As a multidisciplinary platform, the gallery supports and promotes quality of process and practice across disciplines, with a particular focus on woodwork.
  • DueDil

    DueDil provides a unified platform for teams across a business to contextualise and navigate the relationships between sets of data. Based in London and founded in 2011, DueDil has raised nearly $30m from respected investors in the US and UK, including Oak Investment Partners, Passion Capital and Notion Capital.
  • HypaShip

    HypaShip is delivery management software targeted at tier 1 and 2 retailers, logistics carriers and postal operators. It allows retailers and carriers to replace their patchwork of internal systems or legacy software with a comprehensive end-to-end solution.
  • Arendatica

    Arendatica is a rent management startup that offers rent–related tools and services such as collecting rent and screening tenants online.
  • The Spell Fund

    The Spell Fund provides real estate developers with flexible risk capital in respect of real estate developments projects.
  • Airsorted

    Based in London and operating across three offices, Airsorted is a homestay management service that allows homeowners to maximize rental income from renting out their property on a short term basis.
  • Entrepreneur First

    Entrepreneur First supports engineers and computer scientists to build world-class tech companies from scratch. EF runs a six week programme to create businesses that solve hard problems using commercialised applications of unique and cutting-edge technology.

  • prettysocial Media

    prettysocial Media is a content marketplace and distribution platform enabling advertisers to reach customers through publishers social feeds.
  • Huckletree

    Huckletree is an innovation-oriented and community-driven coworking environment for dynamic startups, entrepreneurs and freelancers. Huckletree is the first and only fully sustainable coworking space with the right working environment, a strong infrastructure, important connections and beautiful workspaces needed to nurture innovation and collaboration.
  • Billetto

    Billetto is changing the face of ticketing. Operating across Europe Billetto partners with thousands of organisers to offer curated calendar of music, sport, food, cultural and other social events to million of users.
  • Webbankir

    Webbankir is an online consumer lender providing an automated credit alternative to a credit card.
  • Seedcamp

    Seedcamp is one of Europe’s leading pre-seed and seed stage investment and mentoring program, providing up to €500k and lifelong platform of learning, network and capital to support ambitious founders from across Europe.
  • Neteven

    Europe’s leading marketplace management service provider for retailers. Neteven’s proprietary middleware integrates with hundreds of European merchants and distributes their products automatically to dozens of marketplaces such as eBay, Amazon, Pixmania,, La Redoute and others.
  • Vini Italiani

    Vini Italiani in London was created by a group of friends with a shared passion for great wine and is proud to be the first independent multi-channel retailer to specialise exclusively in Italian produce. To compliment their award winning retail activity they also run wine bars and offer a wide range of amateur and professional courses including, tastings, food parings, corporate events and encounters with producers. Vini Italiani is now the leading Italian focused wine brand in the UK.
  • The New Craftsmen

    As a network of ‘makers’ The New Craftsmen collaboratively showcase the British Isles finest materials, skills and craft products. They seek out like-minded makers and iconic objects deeply connected to place and culture to forge extended collaborations that offer a contemporary take on specific skills and materials. The resulting range of exacting artisans enables them to provide beautifully customised and bespoke pieces.
  • Alessandro Isola

    Alessandro Isola is a leading high-end architecture and product design studio based in central London. Alessandro and his teams passionately expressive design language, creative curiosity, and poetic blending of materials and space understanding, defines unique environments and products for discerning private and public clients worldwide.
  • Pockit

    Pockit is a beautifully simple and cost effective current account integrated with a generous cashback offering from leading retailers.
  • PayasUgym

    PayasUgym is an online marketplace for fitness services, offering an innovative and flexible way of using gyms and fitness studios. Through an online P.A.U.G account users can compare fitness venues as well as purchase flexible access for thousands of participating gyms.
  • Chargemaster

    ChargeMaster is Europe’s leading provider of Electric Vehicle (EV) charging bays. The company is currently building Europe’s first private EV charging infrastructure (POLAR Network). Chargemaster partners with leading EV manufacturers, energy companies and other leading retailers including Ford, Nissan, Renault, BMW, Mitsubishi, British Gas, EDF, Asda and others.
  • Collectrium

    Elegant cloud-based art inventory management platform used by thousands of the world’s top galleries, collectors, and art fairs.
  • Atosho

    Atosho is a proprietary platform for distributed e-commerce. Atosho’s technology allows readers to buy directly from any product tag placed on a wide variety of editorial content, thus enabling the consumer to shop wherever they find it most relevant without being redirected to a dedicated online marketplace. Atosho is effectively a marketplace distributed across any media type, enabling retailers to sell products within premium editorial content, opening up highly sought after media to e-commerce.
  • Monreal

    A unique luxury sportswear brand. The brand brings together fashion and form in fresh, modern, trend-driven lifestyle clothing for sportswomen who care just as much about style as they do about winning.
  • Ceres Power

    Ceres Power is a leading SOFC fuel cell technology company. Ceres Power develops fuel cell modules for use by OEMs committed to developing CHP and other distributed energy generation products.
  • InPlat

    One of Russia’s leading players in mobile commerce providing mobile payment processing for carrier billing services. InPlats payment platform is integrated with hundreds of online and offline retailers as well as leading mobile operators allowing payments to be billed directly to customer’s mobile operator account.
  • MRGK

    MRGK provides property leasing and management services across Russia.

  • Sustainable Power

    Sustainable Power is a leading manufacturer of Micro Combined Heat and Power (micro-CHP) units for residential and commercial market in the UK. Micro-CHP is one of the most efficient ways of generating power and heat at the point of demand.
  • Ctrl

    Ctrl Leasing is a financial services company that is the first to offer an on-line car leasing service in Russia to both individual and business clients.