Russian Venture Company

Russian Venture Company is a government-backed investment organization based in Moscow established to foster the growth of Russian technology ventures. As a fund of funds, it invests in venture funds that support Russian technology companies, helping startups access capital and expertise to scale in domestic and international IT markets. The organization aims to strengthen the Russian innovation ecosystem by directing public capital toward high-potential early-stage ventures across technology sectors.

Alexey Basov

Deputy CEO - Investment Director and Board member

Past deals in Eastern Europe

BFG

Seed Round in 2019
BFG Group LLC, founded in 2011 and based in Moscow, Russia, specializes in developing an intelligent production management platform. The company's core offering is a digital twin of the production system, which allows for the creation of a digital model of manufacturing processes using artificial intelligence. This platform enables businesses to optimize their operations by simulating and improving production flows, reducing non-production time, and synchronizing workflows. BFG Group provides services such as digital reengineering, software deployment, and robotization of projects, helping manufacturing industries enhance productivity and efficiency.

Ecocat

Seed Round in 2016
Ecocat produces catalytic space heaters that eliminate heat exchange and forced ventilation. The company was founded in 2011 and is based in Moscow, Russia.

Brain Beat

Seed Round in 2016
Founded in Moscow, Russia in 2013, Brain Beat develops non-invasive biomedical equipment. Its flagship product is a glucometer that measures blood glucose levels without requiring a blood sample, improving the quality of life for diabetes patients.

WiseSoil

Venture Round in 2014
WiseSoil LLC is a privately held company based in the Russian Federation that specializes in developing organic waste recycling technology aimed at improving the efficiency of biogas plants. The company offers a range of innovative solutions, including a Feedstock Pretreatment Unit that accelerates the digestion process, a macerator that processes long fibers and stones to protect downstream equipment, and a dewatering system that produces dry fertilizer while allowing for safe discharge of water. By providing these technologies, WiseSoil enables waste owners and operators of biogas facilities to reduce waste recycling fees, minimize costs associated with wet fertilizer storage, and decrease environmental harm, thereby contributing to sustainable waste management practices.

Global CIO

Seed Round in 2013
Global CIO operates a prominent online portal for chief information officers in Russia, established in 2010 and based in Moscow. The platform serves as a comprehensive resource for IT managers, offering a variety of content such as news, discussions, webinars, videos, and insights from peers in the industry. With a growing community of over 2,500 IT directors, Global CIO facilitates professional development and networking by enabling members to share practical experiences and knowledge in a structured manner. The platform fosters communication among IT professionals and aims to enhance the competence and value of the IT function within organizations.

Ecocat

Seed Round in 2012
Ecocat produces catalytic space heaters that eliminate heat exchange and forced ventilation. The company was founded in 2011 and is based in Moscow, Russia.
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