Internet Initiatives Development Fund

Internet Initiatives Development Fund (IIDF), established in 2013, is a Moscow-based venture capital firm. It invests in early-stage companies across various tech sectors, including telecommunications, software, big data, machine learning, internet of things, and fintech, among others. IIDF operates globally, with investments in the United States, Asia, and Europe. The firm typically allocates between RUB 2.1 million to RUB 324 million per investment.