Hyve

History

2024

VimpelCom increased its stake in AdTech company Eshopmedia to 20%

VimpelCom The investment fund "" created by the telecommunications company Hyve expanded its presence in the capital of the developer of advertising technologies Eshopmedia, increasing its share from 9% to 20%, which became known on November 5, 2024. More here

VimpelCom bought 25.5% of Sense Machine, a software developer for assessing human emotions

On September 23, 2024, it became known that VimpelCom"" through its subsidiary structure, LLC "Haiv" acquired about 25.5% in Candy Flip Robots LLC. Information on the value of the transaction as of the specified date has not been disclosed. More here

Investing in smart fridge developer Briskly

On September 11, 2024, VimpelCom announced its investment in the developer of smart refrigerators Briskly. As part of the transaction, the Haiv venture fund, which is part of the telecom company, became the owner of 10.15% in Briskley LLC. The financial terms of the agreement were not disclosed. Read more here.

TagraS bought 20% of the Haiv fund

On March 15, 2024, VimpelCom PJSC (beeline brand) announced that the structure of the Tagras oilfield service holding had become a co-owner of its Haiv venture fund. There is no information on the amount of the transaction as of the specified date.

Management Company LLC TMS Group (part of Tagras) acquired a 20% stake in Haiv LLC. Another 80% remain with VimpelCom. On August 18, 2023, Haiv, as part of the third stage of the Venture League in Innopolis, announced its intention to attract external investors.

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Venture investing is one of the significant tools of our strategy. Partnership with PJSC VimpelCom in the venture capital fund of Haiv is a significant step in a strategically important direction for us, "says Dmitry Kirdin, Deputy General Director for Organizational Development and Accounting Processes of Tagras Holding.

According to Kidrin, investments in Haiv will allow Tagras to implement a strategy to diversify its activities. The holding's structure includes 8 divisions and 54 enterprises that provide a full range of services for companies in the oil and gas industry.

As of January 2024, the Haiv portfolio includes 15 startups from various areas. The VimpelCom venture capital structure during 2023 was part of the capital of the developer of the solution for analyzing the emotional response of the Sense Machine audience, educational projects Kampus and New school"."

We are pleased to welcome Tagras among our investors and are grateful to the holding for the trust placed in the Haiva team and portfolio startups. We believe that partnerships and collaborations are the key to the successful development and growth of the country's venture capital market, in nearly two years, Haiv has gone from zero to a growing portfolio of 15 startups and the entry of such a strong partner as Tagras is a landmark event for us and the market, a signal that we are moving in the right direction, "said Nikolai Evchenko, beeline innovation director.[1]

Purchase of stake in Eshopmedia

On January 12, 2024, it became known about the sale of 9.235% of Eshopmedia to VimpelCom. The Russian telecommunications operator concluded a deal through a subsidiary of Haiv LLC, created by VimpelCom specifically for venture financing projects. Financial and other parameters of the transaction are not disclosed. Read more here.

2023

Purchase of a stake in Tamburin

At the end of December 2023, an entry appeared in the Unified State Register of Legal Entities (Unified State Register of Legal Entities) on the sale of 40% of Tamburin to VimpelCom. The Russian telecom operator concluded a deal through a subsidiary of Haiv LLC, created by VimpelCom for venture financing projects. Read more here.

Purchase of a share in the New School service

In November 2023, VimpelCom, through its subsidiary Haiv LLC, bought 16.4% of the New School company, which is developing the exam preparation service of the same name. The corresponding entry is registered in the Unified State Register of Legal Entities (USRUL). Read more here.

Buying a stake in T.one

At the end of November 2023, VimpelCom bought control of T. Odin, which develops technologies for the smart home. The Russian telecom operator made the acquisition through a subsidiary of Haiv LLC. Read more here.

Buying a stake in Candy Flip Robots

At the end of November 2023, it became known about the sale of 13.3% of Candy Flip Robots to VimpelCom. Its participants did not disclose the financial and other terms of the transaction. Read more here.

2022: Establishing a company

On June 15, 2022, it became known that VimpelCom had created a new company that would invest in startups and support entrepreneurs in Russia. According to data from the Unified State Register of Legal Entities, Haiv LLC with an authorized capital of 10 thousand rubles was registered on June 10. The new company's activities included investments in authorized capital, venture capital investment, including through investment companies.

As the press service of VimpelCom told Interfax, one of the directions of business development "in the new related industries of Beeline is the development of entrepreneurship and investments in startups."

VimpelCom has created a company to invest in startups

To make these investments and manage the portfolio of assets, we have established a separate subsidiary of Haiv LLC. In the future, this will also allow us to attract financial investors to the portfolio of assets as partners in Haiv LLC, the company explained.

For VimpelCom, this is not the first startup support project. Earlier, the telecom operator allocated 30 million rubles for the development and support of technological solutions and products created inside the LaunchPad startup studio.

In addition, the GenerationS accelerator of the Russian Venture Capital Company (RVC) selected technology startups for VimpelCom, which were supposed to help the operator in developing its own business. VimpelCom invested several million rubles in the GenerationS accelerator. The company was interested in projects related to geolocation services and tracking the movement of objects over Wi-Fi. The operator was also interested in startups that offer new solutions in the field of loyalty programs, contactless payments, face recognition and virtual and added reality technologies. Within the company, a department was also created that focused on analyzing the effectiveness of startups.^[2]

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