Internet Initiatives Development Fund

Internet Initiatives Development Fund is a Moscow-based venture capital firm founded in 2013 that supports early-stage technology startups across Russia and international markets, including the United States, Europe and Asia. The firm focuses on a broad range of sectors such as retail, virtual and augmented reality, cybersecurity, education technology, internet of things and hardware, digital health, agricultural technology, fintech, artificial intelligence and big data, software as a service and other corporate software, adtech, manufacturing, and blockchain. It also runs an acceleration program across Russia to help portfolio companies scale. Investment sizes typically range from RUB 2.1 million to RUB 324 million.