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Sergei Mosunov is a Russian technology entrepreneur and investor. In 2025, he acquired the luxury jewellery brand Fabergé through investment company SMG Capital LLC.[1][2]

Business ventures

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In 2005, Mosunov founded R’AIN Group in Nizhny Novgorod, an optics and laser technology company specialising in zinc compound crystals used in infrared optics and defence-related applications.[1][3] He sold his remaining stake in the business in 2014.[1]

He became a partner at venture capital firm The Garage Syndicate, which is associated with investments in fintechs that include Klarna and Revolut.[1]

Acquisition of Fabergé UK Limited

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In August 2025, Mosunov acquired Fabergé UK Limited from mining company Gemfields for approximately US$50 million.[1][4]

Following the acquisition, Mosunov stated that his plans include investing between US$50 million and US$100 million to revitalise the brand and reposition it within the global luxury market.[1]

Public life

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Mosunov was involved in civic initiatives in Nizhny Novgorod, including organising a public letter concerning environmental conditions in the city.[5]

References

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  1. 1 2 3 4 5 6 Quilty-Harper, Conrad (2025-11-14). "Fabergé's Russian owner hatches plan to revive brand". Financial Times. Retrieved 2026-04-29.
  2. "FABERGE (UK) LIMITED - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2026-05-06.
  3. Pashkova, Lilia (2025-08-11). "Предприниматель родом из Нижнего Новгорода купил компанию Фаберже" [A businessman from Nizhny Novgorod bought the Fabergé company]. RBC Radio. Retrieved 2026-04-09.
  4. Almeida, Lauren (2025-08-11). "Luxury jeweller Fabergé sold to tech investor in $50m deal". The Guardian. ISSN 0261-3077. Retrieved 2026-05-05.
  5. "Radio Interview - Sergey Mosunov: "Money goes past the Nizhny Novgorod region"". Radio RBC. 2017-08-14. Retrieved 2026-04-09.