About S-Group Capital Management
S-Group Capital Management is a venture capital firm founded in 2007. It is primarily based out of Moscow, Russia. As of Jul 2011, S-Group Capital Management has invested in 6 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Semiconductors and Enterprise Applications. Most recently it participated in the $***** Series C round of FiberZone Networks A lot of funds co-invest with S-Group Capital Management, with names like Applied Materials sharing a substantial percentage of its portfolio. S-Group Capital Management has team of 2 people including 1 partners.Key Metrics
S-Group Capital Management's List of Top Investments
S-Group Capital Management has a portfolio of 6 companies. Their most notable investments are in Advanced Diamond Technologies and Innolume.Their portfolio spans across United States, Germany and Russia. They have invested in High Tech, Semiconductors, Enterprise Applications and 6 other sectors, across stages such as Series C, PE and 2 more. Here is the list of top investments by S-Group Capital Management:
1. Innolume
Manufacturer of quantum‑dot and diode lasers for photonic applications. The company designs, develops, and produces a broad range of semiconductor laser diodes—including single‑mode, multi‑mode, distributed‑feedback, Fabry‑Pérot, and comb lasers—as well as optical amplifiers and turnkey systems. It operates a fully integrated production process from epitaxial wafer growth to packaging and module fabrication. Devices leverage GaAs-based quantum well and quantum dot technologies across wavelengths spanning near‑infrared ranges. Applications include medical diagnostics, optical communications, industrial processing, scientific research, and AI-related cloud networking. The platform supports customization for mid-volume and high-volume production, with in‑house characterization and quality assurance. Manufacturing is conducted in Germany with distributed global distribution and technical support.
Key facts about Innolume
- Founded Year: 2003
- Location: Dortmund (Germany)
- Stage: Series C
- Total Funding till date: $27.9M
- Employee Count: 61 as on May 31, 2026
- Investors: Applied Materials, NRW.Bank and 13 Others
- Latest Funding Round: Grant (prize money), Feb 01, 2020, $*****
- Highlight: Editors' Pick
2. RMT
Provider of thermoelectric cooling systems. Solutions include thermoelectric cooling modules, thermoelectric sub mounts, TEC controllers, and others. Used for cooling lasers, LEDs, photodetectors, arrays, detectors, and sensors.
Key facts about RMT
- Founded Year: 1994
- Location: Moscow (Russia)
- Stage: Early Stage
- Total Funding till date: $10M
- Employee Count: 26 as on May 31, 2026
- Investors: Rusnano, S-Group Capital Management and 1 Other
- Latest Funding Round: PE, Dec 09, 2010, $*****
- Highlight: Editors' Pick
Secure Google Account access, management, and language localization services. This platform provides a secure and streamlined sign-in experience for accessing various services. It offers account recovery options and supports multiple languages, catering to a global user base. The platform prioritizes user privacy and data protection, adhering to strict terms of service. It facilitates seamless access to cloud-based applications and services, enhancing productivity and collaboration. The platform offers accessibility features and guest mode for enhanced security. It is a critical component of the digital ecosystem, enabling users to connect and engage with online resources effectively.
Key facts about FiberZone Networks
- Founded Year: 2003
- Location: Bethesda (United States)
- Stage: Deadpooled
- Total Funding till date: $42.8M
- Investors: Novak Biddle Venture Partners, Portview Communications Partners and 2 Others
- Latest Funding Round: Series C, Feb 20, 2013, $*****
Advanced Diamond Technologies (ADT) develops diamond wafer, called UNCD (ultrananocrystalline diamond) of 2-5nm thickness through a controlled process - of converting natural gas into diamond. This thin film of diamond can be integrated with other materials to develop a new class of diamond machines. ADT wafers have the ability to be made as smooth as possible with controllable thermal conductivity and optical properties. As such the wafers have been successfully applied in areas such as water treatment by proprietary Diamonox Technology. They have also developed NaDia Probes - which are all diamond AFM probes.
Key facts about Advanced Diamond Technologies
- Founded Year: 2003
- Location: Chicago (United States)
- Stage: Series D
- Total Funding till date: $5.88M
- Employee Count: 9 as on May 31, 2026
- Investors: Energy Foundry, National Science Foundation and 6 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2014, $*****

5. Centice
Centice is involved in patent-pending computational sensor technology originally developed at Duke University. The technology is mainly focused on the development of the PASS Rx system, a pharmaceutical verification product. The PASS Rx system improves the verification process for dispensed medications, thereby increasing patient safety. Their sensor technology increases efficiency and optimizes workflow.
Key facts about Centice
- Founded Year: 2004
- Location: Morrisville (United States)
- Stage: Deadpooled
- Total Funding till date: $40.8M
- Investors: Novak Biddle Venture Partners, Sigma Partners and 7 Others
- Latest Funding Round: Conventional Debt, Apr 11, 2014, $*****
S-Group Capital Management's Investments by Stage
S-Group Capital Management has made 3 investments in Series C stage with an average round size of $10.5M, 1 investment in PE stage with an average round size of $10M, 1 investment in Seed stage with an average round size of $2M and 1 investment in Series D stage with an average round size of $5.04M.Stage of entry | No. of Investments |
|---|---|
Series C | 3 |
PE | 1 |
Seed | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
S-Group Capital Management's Investments by Sector
S-Group Capital Management has a diverse portfolio, with companies operating in the High Tech, Semiconductors, Chemicals and Materials Tech, Energy Tech and Enterprise Applications. Notably, it has invested in 6 Enterprise (B2B) companies, 5 Tech companies, 3 Tech hardware companies and 1 company focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 3 |
Semiconductors | 2 |
Chemicals and Materials Tech | 1 |
Energy Tech | 1 |
Enterprise Applications | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
S-Group Capital Management's Investments by Geography
S-Group Capital Management has made most investments in United States (4), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 4 |
Germany | 1 |
Russia | 1 |
Note: We have considered here, only first round of investments
S-Group Capital Management's recent investments
S-Group Capital Management has not made any investment in 2026 so far.Here are the most recent investments by S-Group Capital Management:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 06, 2011 | United States | Series C | 1749 | ||
Jun 15, 2011 | United States | Series D | 1216 | - | |
Dec 09, 2010 | Russia | PE | 1387 | ||
Oct 20, 2009 | United States | Series C | 2401 | [+3] | |
2009 | United States | Seed | 9960 |
Team profile of S-Group Capital Management
S-Group Capital Management has a team of 2 members located in United States. S-Group Capital Management's team does not sit on the board of any company as of now.Co-investors of S-Group Capital Management
Over the past 18 years, 24 investors have co-invested in S-Group Capital Management's portfolio companies. This includes funds and angels.
- Invested before S-Group Capital Management: Kfw, NRW.Bank and 13 others have invested in rounds before S-Group Capital Management. There is 1 company where Kfw has invested before S-Group Capital Management and 1 company where NRW.Bank has invested before S-Group Capital Management.
- Top Co-investors of S-Group Capital Management: 6 investors entered a company along with S-Group Capital Management. These include investors like Applied Materials (1 company).
- Invested after S-Group Capital Management: A total of 3 investors have invested in S-Group Capital Management's portfolio after their investments. Top Investors include Europa (1 company), IRS (1 company) and Quantum Wave Fund (1 company).
Recent News related to S-Group Capital Management
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FiberZone NetworksFiberZone Networks•Aug 03, 2011•FiberZone Networks, S-Group Capital Management, Novak Biddle Venture Partners
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