MTS StartUp Hub

MTS Startup Hub is the innovation and investment division of MTS, focusing on early-stage investments through various initiatives, including a corporate accelerator and a 5G center. The firm specializes in venture capital investments in sectors such as business-to-business, information technology, e-health, entertainment, artificial intelligence, machine learning, and digital banking, among others. MTS Startup Hub aims to support startups that have the potential to commercialize their technology in the Russian market, either currently or in the future. The firm typically invests between $0.5 million and $2 million in companies generating a minimum revenue of RUB 300 million. MTS Startup Hub is open to co-investments and generally takes a minority stake in the businesses it supports. Established in 2018, the organization is based in Russia and encompasses various programs, including a fast-track initiative and foreign representative offices to enhance its reach and impact.

Dmitry Kurin

Director, Open Innovations & Investment Department

2 past transactions

Airo

Venture Round in 2021
Airo offers dry cleaning and washing with convenient delivery.

CoinKeeper

Seed Round in 2020
CoinKeeper is personal finance app with intuitive touch interface and gamification system that rewards responsible spending and savings. CoinKeeper is like iPhone vs old mobile OS in finance management: 1. It's EASY to add transactions with simple gestures 2. It's VISUAL - all main financial figures are located on single screen 3. It's FUN and rewarding to track income and expenses with innovative game mechanics. CoinKeeper is available for iPhone/iPod touch, iPad and Android devices.
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