Baring Vostok Capital Partners is a private equity and venture capital firm established in 1994, with its headquarters in Moscow, Russia, and additional offices in Limassol, Cyprus, and Guernsey. The firm focuses on investing in various stages of companies, including seed, early, growth, and later stages, as well as through buyouts and acquisition financing. Baring Vostok targets a diverse range of sectors such as natural resource extraction, particularly oil and gas, telecommunications, mass media, utilities, construction materials, specialty manufacturing, real estate, internet services, software, retail, and service management. The firm has a strong emphasis on mid-market enterprises and has managed multiple private equity funds that aim to support companies with significant growth potential in Russia and the CIS region.

The Russian Direct Investment Fund (RDIF) is a sovereign wealth fund established in 2011 and headquartered in Moscow. Backed by the Russian government, RDIF aims to stimulate foreign direct investment in Russia's emerging economy by co-investing alongside other investors. The fund focuses on a diverse range of sectors, including agriculture, construction, logistics, aerospace, power, and pharmaceuticals. With a capital of $10 billion, RDIF plays a key role in facilitating investments that contribute to the growth and development of the Russian economy.

VTB is a prominent Russian bank headquartered in Moscow, established in 1990. It offers a comprehensive range of financial services, including retail, corporate, and investment banking. VTB Bank provides various corporate banking products, such as settlement and cash services, loans of varying terms, overdraft lending, and credit facilities. The bank also facilitates time, savings, and demand deposits, along with international settlements and bank guarantees. Additionally, VTB engages in foreign exchange control, derivatives, custody services, and securitization. The VTB Group encompasses over 30 banks and financial organizations across more than 20 countries, making it one of the largest financial groups in Russia by assets and customer accounts. Its operations extend beyond Russia, serving clients in the CIS, Europe, North America, Asia, and Africa.

RUSNANO is a principal investment firm based in Moscow, Russia, focused on the commercialization of high-tech projects and nanotechnology investments. Established in 2007, RUSNANO aims to develop the Russian nanotechnology industry through direct investments in private equity and venture capital, as well as fund investments. The firm prioritizes projects in sectors such as scientific research, new materials, biotechnology, energy, and robotics, with a particular interest in initiatives that will establish or modernize manufacturing facilities within Russia. RUSNANO seeks to invest in projects projected to generate significant revenue within five years and often co-invests alongside other partners. It operates through various modes of investment, including equity stakes, loans, and credit guarantees. Additionally, RUSNANO has a subsidiary, RUSNANO USA, Inc., which focuses on middle and late-stage companies in North America that support global technology development in fields such as semiconductors and advanced materials.

VEB Ventures, established by Vnesheconombank in 2011, operates as a venture capital firm based in Moscow, Russia. Its primary focus is on investing in high technology projects associated with the Skolkovo Foundation, with an emphasis on medical technology, biotechnology, and clean technology sectors. The firm aims to support the Russian government's innovation initiatives, develop innovation infrastructure within the country, facilitate the transfer of advanced technologies to Russia, and promote Russian innovations on the global market. Through its investments, VEB Ventures seeks to contribute to the growth of the Russian economy by fostering technological advancements and enhancing competitiveness in the global landscape.

Yandex is a multinational technology company based in Russia, recognized as one of the largest internet firms in Europe. It operates the country's most popular search engine, which accounts for a significant portion of search traffic in Russia. In addition to its core search and portal services, Yandex has diversified its offerings across several segments, including e-commerce, mobility and delivery, entertainment, classifieds, and media services. The company also has a presence in Ukraine, Kazakhstan, Belarus, and Turkey, leveraging machine learning to enhance its products and services.

Starta Ventures is a New York-based venture capital firm founded in 2013 that focuses on investing in early-stage companies, particularly in sectors such as B2B, education, HR, gaming, legal tech, food tech, and fintech. It typically invests between $0.2 million and $0.5 million in its portfolio companies, acquiring minority stakes of up to 10 percent. In addition to its investment activities, Starta Ventures operates Starta Accelerator, which specializes in supporting technology startups with European research and development roots. This accelerator program, launched in 2015, offers a 14-week curriculum designed to help Eastern European founders adapt to the U.S. business environment, refine their product-market fit, and integrate into the local startup ecosystem. Starta Accelerator invests $130,000 in selected startups, combining program services and cash in exchange for equity. Together, these initiatives aim to connect international startups with essential resources, mentors, and best practices to enhance their growth potential in the U.S. market.

AddVenture is an international venture capital fund established in 2008 and based in Limassol, Cyprus. The fund employs a sector-focused investment strategy, primarily targeting software, media, telecommunications, and technology sectors, along with horizontal marketplaces, vertically integrated services, food tech, and health tech. With investment amounts ranging from $1 million to $10 million, AddVenture aims to support innovative companies and entrepreneurs in various industries, contributing to their growth and development in the competitive market landscape.

AltaIR Capital is a venture capital firm founded in 2005 and based in San Francisco, California. The firm specializes in managing funds that invest in early and growth stage startups across a variety of sectors. It focuses on companies that operate in productivity tools, future of work, software as a service, financial technology, insurance technology, artificial intelligence, and digital health. AltaIR Capital aims to support innovative companies with disruptive ideas and significant return potential, often backing key players in the startup ecosystem, including top incubator graduates and promising teams.

Flashpoint is an international investment firm founded in 2012 and headquartered in London, United Kingdom, with additional offices in Tel-Aviv, Budapest, Warsaw, Riga, and Nicosia. The firm manages approximately $500 million in assets under management and focuses on investing in software companies, particularly in the business-to-business (B2B) sector, as well as business-to-consumer applications. Flashpoint operates six venture funds, including venture capital funds, a venture debt fund, and a secondary fund, and has a strong presence in Eastern Europe and Israel. Its investment strategy encompasses various technology sectors, such as information technology, cybersecurity, e-commerce, and software-as-a-service (SaaS). With a diverse investor base that includes over 120 family offices and high-net-worth individuals, Flashpoint has invested in more than 50 companies, achieving eleven exits, including notable sales of stakes in Shazam and Chess.com.

Impulse VC, established in 2013 and headquartered in Moscow, Russia, is a venture capital firm that provides funding and operational support to technology and media companies. The firm focuses on seed to series A-stage investments across a range of industries, including business-to-business, software as a service, proptech, marketing technology, marketplaces, and adtech. With a diverse portfolio that includes companies from the USA, UK, and Russia, Impulse VC aims to support exceptional startups that operate on a global scale.

Elbrus Capital is a private equity and venture capital firm based in Moscow, specializing in investments across various sectors in Russia and the CIS region. Founded in 2007, it manages funds with approximately $1 billion in assets and has completed over 90 acquisitions. The firm's investment strategy focuses on early-stage and middle-market companies, targeting fast-growing businesses with potential for further growth and consolidation. Elbrus Capital typically invests between $30 million and $100 million, acquiring significant minority stakes or controlling interests in its portfolio companies. The firm has a diverse investment portfolio that includes leading players in digital services, consumer goods, outsourcing, logistics, healthcare, and media. Elbrus Capital aims to partner with entrepreneurs to enhance business development, seeking to capitalize on growth opportunities beyond major urban centers like Moscow and St. Petersburg.

CapMan is a prominent Nordic private asset management and investment firm founded in 1989 and headquartered in Helsinki, Finland. With over 30 years of experience, CapMan specializes in private equity, real estate, and infrastructure investments across the Nordic countries and Russia. The firm manages a diverse portfolio, including buyout and growth funds, as well as real estate value-added funds, targeting various sectors such as healthcare, technology, and manufacturing. CapMan is committed to enhancing the performance and stability of unlisted businesses and real estate, believing that well-managed companies contribute to economic growth and societal well-being. Its investment strategy emphasizes creating high-quality environments and utilities, which are essential for thriving communities.

Leta Capital is a venture capital firm established in 2012 and based in the Cayman Islands, focusing on early-stage B2B software startups. Funded by Russian IT entrepreneur Alexander Chachava, the firm aims to support innovative companies at the late seed and early growth stages, primarily in Eastern Europe and Israel. Leta Capital typically invests around 2 million USD in startups with existing sales in international markets. The firm emphasizes collaboration with talented entrepreneurs who aspire to build substantial companies. With a successful track record that includes notable exits, such as the sales of Unomy and Bright Box, Leta Capital recently raised a second fund of 50 million USD, reinforcing its commitment to fostering long-term partnerships in the technology sector.

Sistema Venture Capital is the venture capital arm of AFK Sistema, established in 2016 and headquartered in Moscow, Russia, with an additional office in London, United Kingdom. The firm specializes in investing in growth-stage technological companies and early-stage startups, primarily focusing on sectors such as artificial intelligence, machine learning, cognitive technologies, software as a service (SaaS), platform as a service (PaaS), internet of things, and virtual and augmented reality. Sistema Venture Capital aims to acquire both minority and controlling stakes, typically investing around $10 million in projects, to help establish market leaders within three to five years. The firm emphasizes its commitment to backing innovative internet and technology companies while avoiding investments in ventures where founders have lost control. Its investment strategy is global, targeting markets in the US, UK, Western Europe, Russia, Israel, and other CIS nations. Through its extensive network and expertise, Sistema VC provides support and mentorship to entrepreneurs, connecting them with valuable professionals and prospective partners.

Winter Capital Partners is a private equity and venture capital firm established in 2015, based in Moscow City, Russia. The firm specializes in mid to late venture and growth capital investments, focusing on high-growth sectors including consumer technology, financial services, healthcare, education, and digital health. Winter Capital typically invests between $0.5 million and $5 million for venture capital and between $10 million and $100 million for private equity, often acquiring minority stakes in venture capital deals and both minority and controlling stakes in private equity transactions. The firm also offers advisory services and manages funds with over $1 billion in assets, targeting investments in emerging markets and Europe. In late November 2023, Winter Capital was acquired by Rockstone Ventures.

Promsvyazbank is a Moscow-based financial institution that has been operating since its establishment in 1995. It offers a comprehensive range of banking products and services for retail and corporate customers, as well as small and medium-sized enterprises. The bank provides savings accounts, deposits, consumer loans, mortgages, and credit cards, alongside investment brokerage services, mutual funds, and custody services. Additionally, Promsvyazbank offers various insurance products, including accident, travel, and property insurance. The bank has a significant presence in Russia, with approximately 300 offices and around 8,500 ATMs. In 2018, it was acquired by the Deposit Insurance Agency.

Xploration Capital is a London-based venture capital firm that invests in innovative companies across various sectors, focusing particularly on those involved in the Fourth Industrial Revolution. The firm supports technology-enabled startups at different stages of development, emphasizing industries with low levels of digitalization such as natural resources, manufacturing, construction, utilities, and transportation. Additionally, Xploration Capital is equipped to assist startups in other fields, including healthcare, education, and consumer products. By connecting these startups with major multinational corporations, the firm facilitates early product feedback and fosters opportunities for sales and strategic partnerships. This approach not only helps emerging businesses scale their products in international markets but also enables established players to leverage advanced technologies.

Gazprom-Media Holding, established on January 21, 1998, is one of the largest media holdings in Russia and Europe. The company encompasses a diverse range of assets, including television, radio, print media, cinema production, advertising, movie theaters, and internet platforms. Gazprom-Media focuses on the accumulation and development of these media assets to strengthen its position in the industry. In 2009, the holding reported total revenues of 33,485 million rubles, demonstrating its significant presence in the media landscape.

AYR Capital is a private equity and venture capital firm established in 2014 and based in Moscow, Russia. The firm specializes in growth capital, early venture investments, mezzanine financing, and distressed assets, focusing primarily on the real estate, fast-moving consumer goods, oil and gas, energy, information technology, and manufacturing sectors. AYR Capital also invests in venture capital and real estate funds, utilizing its own capital for these investments. The firm's geographical focus includes the CIS region, the United States, and both Eastern and Western Europe, with particular attention to countries such as the United Kingdom, Spain, Germany, Austria, Latvia, Lithuania, Belarus, and Russia. In addition to its investment activities, AYR Capital offers financial advisory services and emphasizes relationship building with investors and portfolio companies as a crucial component of value creation.

Digital Disrupt is a venture capital firm established in 2016 and based in Nicosia, Cyprus. The firm focuses on investing in early-stage projects within the information technology sector, particularly those that aim to drive digital transformation globally. Digital Disrupt leverages its expertise and network to support the growth of disruptive digital initiatives, believing that such advancements can significantly enhance people's lives. The firm is dedicated to fostering innovation and facilitating positive change through strategic investments in promising technology-driven ventures.

Emery Capital is a venture capital firm based in Moscow, Russia, founded in 2014. The firm focuses on early and growth-stage investments, supporting visionary entrepreneurs worldwide. Emery Capital primarily targets companies in sectors such as fintech, e-commerce, mobility, and frontier technologies. By aligning with innovative businesses, the firm aims to foster growth and development in these dynamic industries.

The Untitled is a venture capital firm founded in 2010 and headquartered in Riga, Latvia, with additional offices in Moscow and London. The firm specializes in early-stage investments, including seed stage and growth capital for startups across diverse sectors, particularly focusing on retail performance, digital technologies, and new media. It primarily targets companies in Eastern Europe, including Russia, Belarus, and Ukraine, while also considering opportunities in Western Europe. The Untitled invests in projects that have a finished product or a working prototype, aiming for operational payback. Investment amounts typically range from $0.15 million to $2 million, depending on the stage and estimated value of the company, with stakes of 15% to 30%. The firm operates several investment programs, such as the Untitled Seed program and the U Growth program, which cater to various funding needs. Overall, The Untitled is committed to fostering innovation and supporting technology-driven enterprises in the region.

NP Capital is an international venture capital firm founded in 2018 and headquartered in Luxembourg, with a focus on early-stage technology investments. The firm targets companies that are transforming traditional industries such as finance, education, tourism, and gaming, while also exploring opportunities in sectors like artificial intelligence, machine learning, cybersecurity, and blockchain. With a specific emphasis on startups in Central and Eastern Europe, NP Capital aims to support innovative solutions that drive change and enhance efficiency across various domains.

Rostelecom is the largest telecommunications operator in Russia, providing services to over 100 million subscribers across 80 regions. The company offers a wide range of services, including fixed and mobile telephony, broadband access, pay television, and cloud solutions tailored for both consumers and businesses. Although it had a monopoly on domestic and international long-distance telephone services until market deregulation in 2006, Rostelecom continues to hold a significant market share, exceeding 50%. The company manages substantial traffic volumes, carrying over 10 billion domestic and more than 4.8 billion international long-distance minutes. Additionally, Rostelecom is involved in various other services, such as leased line services, intelligent network services, and customer equipment servicing, reinforcing its position as a comprehensive telecommunications provider in the region.

Da Vinci Capital Management Ltd. is a private equity and venture capital firm established in 2007, specializing in growth capital and buyouts across various stages of investment, including startups and mature companies. The firm targets sectors such as fintech, financial services, technology, artificial intelligence, cybersecurity, and payment processing, with a particular focus on the Commonwealth of Independent States (CIS) and emerging European markets. Da Vinci Capital typically invests between $5 million and $100 million in companies valued from $100 million to $1 billion, often seeking significant minority stakes or controlling interests. The firm's investment strategy includes achieving active control in buyouts of mid-market companies or securing board representation in larger firms, with an exit plan that may involve sales to strategic investors or public offerings. With offices in Guernsey, Moscow, and London, Da Vinci Capital currently manages approximately $400 million in discretionary and advisory assets, backed by a team of professionals with extensive experience in investment management and private equity.

Vostok Ventures is a venture capital firm established in 2018 and located in Moscow, Russia. The firm focuses on investing in high-tech companies from Russia and abroad that operate in rapidly growing industries, including energy, chemicals, medicine, information technology, the internet of things, agriculture, and the production of new materials. Vostok Ventures is particularly interested in businesses that develop innovative technologies, products, and services with future potential and contribute to enhancing the business environment in the Far Eastern Federal District.

RTP Global is an international venture capital firm that specializes in early-stage investments in technology companies. Established in 2000 by Leonid Boguslavsky, RTP Global has built a strong portfolio, having invested in over 50 companies globally. The firm was an early supporter of significant European technology enterprises, including Yandex and Delivery Hero, and primarily focuses its investments in the United States, Europe, and India. RTP Global aims to partner closely with entrepreneurs, providing not only financial backing but also expert guidance to help optimize their business operations. The firm has expertise in various sectors, including artificial intelligence, FoodTech, HealthTech, MediaTech, mobility, transportation, PropTech, FinTech, and e-commerce. RTP Global operates from offices in New York, Bengaluru, Moscow, Dubai, London, and Paris, leveraging its extensive industry knowledge and global reach to foster the growth of its portfolio companies.

Gazprombank, established in 1990 and headquartered in Moscow, is the third largest bank in Russia, offering a diverse range of banking, financial, and investment services. The bank serves corporate and private clients, financial institutions, and institutional investors through its comprehensive offerings, which include corporate and retail banking, investment banking, and depositary services. Its capabilities encompass project and structured finance, syndicated loans, trade finance, and asset management, along with services in securities trading and foreign exchange operations. Gazprombank also has a significant presence in various sectors, including energy, oil and gas, telecommunications, and healthcare, and operates an extensive network of branches across Russia and abroad. The bank is involved in direct investments through its investment arm, focusing on energy efficiency, infrastructure, and high-tech industries. Notably, it owns Gazprom Media, which includes major media assets such as the NTV channel and Izvestia newspaper, enhancing its influence in both financial and media sectors.

Primer Capital is a venture capital firm based in Moscow, Russia, that specializes in early-stage investments in the healthcare, pharmaceutical, and biotechnology sectors. Established in 2015, the firm primarily focuses on projects related to oncology, cardiology, rheumatology, surgery, medical devices, and drugs, including generic and biosimilar products. Primer Capital typically invests between $0.2 million and $0.5 million and is open to co-investments alongside other venture capital funds and investors. The firm benefits from a team of qualified consultants and a Scientific Advisory Board composed of experts in various medical and biopharmaceutical fields, which enhances its project selection process. Primer Capital collaborates with venture capital partners, business angels, and governmental agencies to promote the development of the biopharmaceutical industry and support its portfolio companies in establishing effective partnerships and securing additional funding throughout their growth trajectory.

Founded in 2008, Russian Ventures was a venture capital firm based in Moscow, Russia. The firm sought to invest in companies operating in the internet and technology sectors across Russia.

Kaspersky is a prominent global cybersecurity company, recognized as one of the largest privately held vendors of endpoint protection solutions. Headquartered in Moscow, it offers a comprehensive portfolio of security products and services designed to combat evolving digital threats. Kaspersky's innovative technologies include antivirus and internet security software tailored for various network types and sizes, safeguarding workstations, servers, and mobile devices. The company serves a diverse clientele, including consumers, small and medium-sized businesses, and enterprises, with a robust focus on threat intelligence and management. With over 2,500 employees, including a significant number of research and development specialists, Kaspersky protects more than 300 million users worldwide. The company's influence extends beyond its own products, as its antivirus engine powers solutions for other security vendors. Founded in 1997 by Eugene and Natalia Kaspersky, the firm operates through 30 regional offices across multiple countries, underscoring its global reach and commitment to cybersecurity.

Founded in 2017, FunCubator is the corporate venture arm of FunCorp and is based in Limassol, Cyprus. The firm prefers to invest in communications services, software, augmented reality, virtual reality, artificial intelligence, and eSports sectors in Eastern Europe.

NUMA is an international innovation hub that operates in several cities, including Paris, Moscow, and Bangalore. It focuses on fostering entrepreneurship through a variety of services, including startup acceleration, community events, and corporate innovation programs. NUMA provides mentorship and structured methodologies to support individuals and companies at various stages of development, from nascent ideas to near-market ventures. Additionally, it offers co-working spaces that encourage collaboration and creativity among entrepreneurs, academics, and small to medium-sized enterprises. With ambitions to expand its global presence, NUMA aims to empower local entrepreneurs to grow and connect beyond their borders, leveraging a worldwide network of mentors and investors.

UFG Private Equity is a private equity and venture capital firm based in Moscow, specializing in growth capital, leveraged buyouts, and mezzanine financing for small to medium-sized companies in the Russian Federation and CIS countries, particularly Russia, Ukraine, Belarus, and Kazakhstan. The firm focuses on sectors such as healthcare, business process outsourcing, telecommunications, technology, consumer staples, and retail, although it does not limit itself to specific industries. UFG Private Equity typically invests between $15 million and $75 million in companies with total revenues ranging from $20 million to $400 million, aiming to acquire a minimum of a 25% stake in these businesses. The firm seeks to establish a majority ownership in its portfolio companies and generally plans to exit its investments within three to five years. Since its founding in 2005, UFG Private Equity has managed three funds with total investments and commitments amounting to $712 million, also offering co-investment opportunities for larger deals.

I2BF Global Ventures Ltd. is an international venture capital firm established in 2005 and headquartered in Beverly Hills, California, with additional offices in New York, London, Moscow, Astana, and Menlo Park. The firm specializes in investments across various stages, including early, mid, and late venture phases, with a focus on technology-oriented sectors. I2BF Global Ventures primarily targets companies in clean technology, nanotechnology, renewable energy, digital healthcare, and advanced manufacturing, among others. The firm manages over $400 million and seeks to invest between $0.5 million and $10 million in innovative startups worldwide. Since its inception, I2BF has backed more than 60 startups and successfully exited 12 companies, demonstrating its commitment to identifying and supporting competitive ventures that contribute to a sustainable future. With a global investment strategy, the firm employs a team of experts to ensure effective management and guidance for its portfolio companies.

TealTech Capital is a venture capital investment firm based in Moscow, Russia, founded in 2016. As the first investment fund in Russia based on the "teal" principle, it focuses on supporting early-stage companies in the consumer market. TealTech Capital aims to foster project independence through strategic partnerships, emphasizing modern management practices and customer-oriented solutions. The firm is committed to maintaining transparency and honesty in its dealings with both clients and investors.

VTB Capital, founded in 2008 and headquartered in Moscow, is the investment banking division of VTB Group. The firm specializes in a wide range of financial services, including trading operations, debt and equity placements, mergers and acquisitions, private equity, and asset management. Its private equity arm focuses on buyouts and investments in both mature and emerging growth sectors, primarily targeting infrastructure and real estate, as well as consumer-driven industries like healthcare, finance, transportation, and food retail. VTB Capital aims to invest predominantly in Russia and the CIS countries, committing between $25 million and $75 million to companies with annual revenues between $50 million and $500 million. The firm typically takes controlling or significant minority stakes and plans its exits through public listings or trade sales within three to five years. Additionally, VTB Capital manages real estate funds and operates multiple international offices, enhancing its global reach in investment banking services.

Access Industries is a privately held industrial group established in 1986 by entrepreneur and philanthropist Len Blavatnik. Headquartered in New York, with additional offices in London and Moscow, the firm focuses on long-term holdings across various sectors, including natural resources, chemicals, media, telecommunications, real estate, and venture capital. Access Industries is known for its strategic investments in the United States, Europe, and South America, and it manages a diverse portfolio that includes several market-leading companies. The firm also engages in asset management with a focus on biotechnology and entertainment, aiming to provide strategic equity to enhance its investment outcomes.

The Russia-China Investment Fund (RCIF), established in June 2012, is a private equity fund based in Moscow, focusing on enhancing bilateral economic cooperation between Russia and China. Founded by the Russian Direct Investment Fund and China Investment Corporation, the fund originally secured $2 billion in commitments from these government-backed entities, with potential additional funding from international institutional investors. RCIF primarily invests in infrastructure and tourism, as well as sectors such as agriculture, mining, telecommunications, healthcare, oil and gas, energy, manufacturing, and services. The fund allocates at least 70% of its capital to projects in Russia and CIS countries, while up to 30% is directed towards investments in China. Its management team comprises seasoned investment professionals with extensive expertise in the Russian and Chinese markets.

X5 Retail Group is the leading grocery retail company in Russia, managing a diverse portfolio of retail chains that include Pyaterochka, Perekrestok, and Karusel. As of March 2020, the company operated 16,658 stores across various formats, including proximity stores, supermarkets, hypermarkets, and online platforms. The Pyaterochka brand dominates the market with 15,739 locations, while Perekrestok contributes 846 supermarkets and Karusel operates 73 hypermarkets. X5 Retail Group has a significant presence in major cities such as Moscow and St. Petersburg, as well as across European Russia. The company generates the majority of its revenue from the Pyaterochka segment, highlighting its pivotal role in the Russian grocery sector.

Noventiq, formerly known as JSC Softline Trade, is a technology solutions provider based in Moscow, Russia. The company distributes a range of technology products, including software, computer equipment, and peripherals. It specializes in various services, such as virtualization, cloud technologies, information security, and IT infrastructure outsourcing. Operating as a subsidiary of Softline Group, Noventiq serves clients across Russia, the CIS, Latin America, India, and Southeast Asia. The firm offers comprehensive technology solutions, encompassing software licensing, hardware supply, and related IT services. With a focus on digital transformation and cybersecurity, Noventiq supports over 60,000 private and public organizations, leveraging partnerships with more than 3,000 suppliers. The company has demonstrated significant growth, achieving a turnover exceeding $900 million and maintaining a strong compound annual growth rate over the past decade.

Phystech Ventures is a London-based venture capital firm established in 2013 that focuses on supporting technology entrepreneurs through capital, expertise, and networking. The firm specializes in investing in deep technology sectors, with a particular emphasis on B2B companies operating in areas such as IoT, automotive, education technology, cybersecurity, sensors, robotics, and energy technology. Phystech Ventures typically engages at the seed and Series A stages, often being the first institutional investor in the companies it supports. Over the years, the firm has invested in 31 companies across nine countries, including several spin-offs from universities. Previous notable investments by its partners include ClassPass, RRT Global, and Cibando, which was acquired by Zomato.

Cabra VC is a venture capital firm established in February 2016 and headquartered in Limassol, Cyprus, with additional offices in Moscow, Russia. The firm specializes in both direct investments in growth capital across various stages, including seed, early, and expansion phases, as well as indirect investments in venture capital funds. It is sector-agnostic but primarily focuses on consumer, enterprise, technology, and software sectors, particularly targeting subscription-based business models. Cabra VC prefers to invest between $0.1 million and $1 million in post-revenue startups located in the United States and India. The firm does not engage in investments related to cyber security, biotech, or blockchain technologies. With over a decade of experience in building and managing subscription-based companies, Cabra VC positions itself as a valuable partner for startups at any stage of their development.

Innovestor is a Nordic venture capital investor and financial services company based in Helsinki, Finland, with additional offices in Jyväskylä, Stockholm, and Moscow. Founded in 2014, Innovestor focuses on early-stage investments in technology, life sciences, health, and commercial real estate sectors. The firm manages multiple funds, including the Life Science & Health fund, which targets investments in life science, medicine, automation, medtech, artificial intelligence, and healthcare industries across Europe. Innovestor Growth Fund III also invests in various sectors, including commercial products, information technology, industrial, and cybersecurity, across the Nordic and Baltic regions. By providing funding on competitive terms and leveraging a team of experienced professionals, Innovestor offers valuable insights to growth companies while presenting attractive investment opportunities to its investors. Innovestor Ltd. is regulated by the Finnish Financial Supervisory Authority.

Avito is an online trading community based in Moscow, Russia, that specializes in classified advertisements. Founded in 2007 by Jonas Nordlander and Filip Engelbert, Avito provides a web-based platform where users can freely exchange a wide variety of products and services, including general goods, real estate, vehicles, and job listings. The platform facilitates transactions between buyers and sellers without charging fees for ad placements, making it accessible for small and medium-sized businesses seeking to increase their sales. Through its comprehensive sections, Avito serves as a vital resource for individuals and businesses looking to connect and trade within the Russian marketplace.

Vesna Investment is a venture capital firm established in 2011 and based in Moscow, Russia. The firm specializes in financing internet start-ups and focuses on a variety of sectors, including information technology, telecommunications, consumer services, retail, education technology, mobile applications, communications, data storage, internet infrastructure, and media. After providing funding, Vesna Investment actively engages with its portfolio companies, offering support and leveraging its experience to help them succeed in their respective markets.

Uralsib Financial Corporation, established in 1993 and headquartered in Moscow, is a Russian commercial bank that offers a comprehensive array of banking products and services to both retail and corporate clients, both domestically and internationally. The bank's operations encompass various segments, including corporate and retail banking, small business services, and leasing operations. Uralsib provides an extensive range of services, such as commercial lending, deposit accounts, trade finance, cash transactions, and foreign exchange services. Additionally, the bank engages in primary and secondary equity and debt capital markets, brokerage services, and securities trading. It also caters to high net worth individuals by offering savings management and financial advisory services. Beyond banking, Uralsib invests in and manages retail and residential properties, providing leasing and management solutions. The bank operates through a network of six branches across Russia.

Uchi.ru is an online education platform based in Moscow, Russia, focused on providing interactive learning experiences for primary school students. Established in 2012, the platform specializes in mathematics education, utilizing a data-driven approach to tailor learning activities to individual students. By analyzing each student's performance, including task completion speed and accuracy, Uchi.ru creates personalized educational trajectories. This allows students to engage in programming, exam preparation, and competition participation, enhancing their learning outcomes through customized task sequences. The company's mission is to improve the educational experiences of elementary school students across Russia.

Provider of insurance services based in Moscow, Russia. The company offers life, health, accident, health, travel and property insurance including liability, automobile, travel and mortgage, medical and reinsurance services, enabling its clients with their desired assistance.