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Advance Capital is pleased to announce the completion of a Series B investment round for Tota Systems, a developer of intelligent well completion and continuous well monitoring systems for digital oilfields. The investors included venture fund TerraVC and New Industry Ventures.

Tota Systems is a leading Russian developer and provider of digital oilfield solutions, focused on production optimization through intelligent completion technologies, online monitoring, remote control, and AI-driven algorithms. The company was founded in 2007. Tota Systems has deployed intelligent pressure and temperature monitoring systems at more than 2,000 wells operated by companies including Tatneft, LUKOIL, and other oil producers.

The funds raised in the investment round will be used to expand the company’s presence in international markets, primarily in the Middle East and North Africa, as well as to develop new AI-based products for operational automation.

Artur Shubaev, Vice President at Advance Capital:

“The successful investment round for Tota Systems confirms strong investor demand for Russian companies with innovative products in the oil and gas sector that have significant international potential. Digital transformation of traditional industries continues to accelerate, with particularly strong interest in applied industrial technologies.”

Advance Capital acted as the exclusive financial advisor to Tota Systems.

The deal value is not disclosed.