MTS StartUp Hub
MTS StartUp Hub is an innovation and investment department of MTS based in Moscow, Russia, established in 2019. It operates as a corporate accelerator and venture capital firm, focusing on early-stage and seed investments across various sectors such as fintech, internet of things (IoT), cloud technology, sharing economy, advertising technology, big data, machine learning, cybersecurity, and education technology. MTS StartUp Hub aims to support startups that are looking to commercialize their technologies within the Russian market. The firm typically invests between $0.5 million and $2 million in companies that demonstrate a minimum revenue of RUB 300 million. In addition to direct investments, MTS StartUp Hub is open to co-investment opportunities and emphasizes acquiring minority stakes in its portfolio companies.
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