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Zyfra

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Develops AI, IIoT-based solutions and robotic mining equipment for heavy industry

Helsinki, FinlandFounded 2017Robotics
Valuation $50–100M Last recorded · 2021
Revenue <$1M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Zyfra and the history behind them.

About Zyfra

Founded in November 2017, Zyfra is a company that develops and implements digital solutions for heavy industry, leveraging the Industrial Internet of Things (IIoT) and Artificial Intelligence. The company's strategic approach includes both in-house development and the acquisition of specialized firms, such as the VIST Group, a leader in digital mining technologies. This acquisition strategy has broadened Zyfra's international presence and enhanced its capabilities in creating comprehensive solutions like the "Intelligent mine" project, which focuses on unmanned surface mining. In January 2021, the company secured $13.4 million in a Series B funding round.

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The company's core business revolves around providing IIoT and AI-based solutions to optimize production processes, enhance safety, and reduce costs for clients. Its target markets include mining, metallurgy, oil and gas, and the chemical industry. Zyfra operates on a B2B model, supplying technologies that enable predictive analytics, big data analysis, and machinery monitoring to industrial enterprises. The firm's solutions have been implemented in hundreds of industrial facilities across Europe, Asia, Africa, and Latin America.

Zyfra offers a diverse product portfolio built upon its proprietary ZIIoT platform, which collects and processes real-time data from industrial equipment. Key products include 'MDCplus' for machine monitoring, 'Zyfra OpenMine' for fleet management in open-pit mining, and 'Zyfra Precision Drill' for automated drill rig management. The company has also developed robotic systems for remote-controlled and autonomous vehicles, such as dump trucks and drilling rigs. These solutions aim to improve transport efficiency by up to 20% by removing human operators from hazardous environments. Another offering is a system that monitors the condition of shovel teeth on mining equipment in real-time, sending alerts to prevent damage.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Helsinki, Finland
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

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jan 2021 $13M $54M VEB Ventures —
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Zyfra website traffic

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.

Latest monthly visits89K 3-month web change-19.1% 1-year team growth-9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • VEB Ventures
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
13 countries with
team presence
🇷🇺 Russia88.2%
🇫🇮 Finland2.1%
🇲🇽 Mexico1.4%
🇦🇪 United Arab Emirates0.7%
🇳🇱 Netherlands0.7%
Top 5 of 13 shown

Market sentiment

Posts on X, past 7 days

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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