Internet Initiatives Development Fund is a Moscow-based venture capital firm and accelerator that supports early-stage technology startups in Russia. It provides financial and mentorship support to pre-seed through Series A companies, with investments typically ranging from several million to a few hundred million rubles, and has backed hundreds of startups. The organization runs an acceleration program across Russia and aims to attract investment and improve transparency and cooperation among entrepreneurs, investors, and state agencies. Its portfolio spans a broad range of tech sectors, including software, fintech, artificial intelligence, big data, cybersecurity, Internet of Things, education technology, healthtech, adtech, SaaS, and other internet-enabled industries.

Russian Ventures is a venture capital firm headquartered in Moscow, Russia. Founded in 2008, it focused on investing in internet and technology companies across Russia.

Established by Moscow's Department of Entrepreneurship and Innovation Policy, this fund promotes venture investment in small enterprises with a focus on scientific and technical spheres.

Starta Accelerator is a technology startup accelerator headquartered in New York, operating as part of Starta Ventures. It specializes in early-stage programs for European-origin and Eastern European founders seeking to enter the United States market. The accelerator runs a 14-week program complemented by a 3.5-month mentorship track, designed to help participants define product-market fit, gain traction, and integrate into the local startup and investing ecosystem. It provides an investment of about 130,000, including 110,000 in program services and 20,000 in cash, in exchange for 7 percent equity, plus an additional 20,000 of potential follow-on support for high-performing startups. The program emphasizes technology startups with European R&D roots and aims to bridge cultural and business practice gaps to enable startups to scale in the US. Starta Accelerator operates as a subsidiary of Starta Ventures and has a broader network that includes venture funds and education initiatives.

Emery Capital is a venture capital investment firm founded in 2014 and based in Moscow, Russia, that backs early and growth-stage entrepreneurs worldwide, with a focus on fintech, e-commerce, mobility, and frontier technologies.

Skolkovo Ventures is a Moscow-based venture capital and private equity firm that provides seed and growth capital to technology companies. It targets startups in the internet of things, fintech, virtual reality and augmented reality, robotics, unmanned technologies, intelligent power engineering, predictive analytics, artificial intelligence and big data, cybersecurity, digital technology in agriculture, additive manufacturing and new materials, and innovative food products. The firm typically invests between RUB 100 million and RUB 200 million per project (approximately USD 1.5–3.0 million). Founded in 2017, Skolkovo Ventures supports early- to growth-stage technology companies in Russia with a focus on scalable, innovative ventures.

Noventiq is a global solutions and services provider specializing in digital transformation and cybersecurity. It offers three product lines—Software and Cloud, Services, and Hardware—and serves customers across about 60 countries, including Latin America, EMEA, and APAC, with India among them. The company delivers cybersecurity services, future workplace solutions, IT infrastructure and multi-cloud deployment, transformation and management, digital solutions, and Software Asset Management to help enterprises modernize IT, secure operations, and optimize cloud strategies.

Impulse VC is a Moscow-based venture capital firm established in 2013. It funds and supports early-stage technology companies, focusing on seed to Series A investments in B2B software and SaaS, proptech, adtech, marketing technology, marketplaces, software, and gaming. The firm provides both capital and operational guidance to portfolio companies and conducts activities with international reach across the United States, United Kingdom, and Russia.

Winter Capital Partners is an international growth equity and private equity firm founded in 2015 that targets growth-stage companies in consumer technology, financial services, education, and healthcare. The firm focuses on four core verticals—EduTech, FinTech, HealthTech, and RetailTech—and pursues opportunities across global markets, with emphasis on emerging regions in Asia and the Middle East and North Africa. It typically takes minority or mixed stakes in its investments and offers portfolio companies strategic support, market insight, and operational guidance drawn from sector expertise. Winter Capital Partners has managed assets exceeding one billion dollars across multiple funds and maintains an active global footprint through investments in fast-growing companies at the intersection of consumer markets and technology-enabled change.

Primer Capital is a Moscow-based venture capital firm focused on early-stage investments in biotechnology, pharmaceuticals and related medical technologies. The firm backs projects across oncology, cardiology, rheumatology, surgery, medical devices and both branded and generic therapeutics. It pursues opportunities in Russia, Israel, Europe and the United States, with early equity investments typically ranging from 0.2 to 0.5 million dollars and a willingness to co-invest with other funds and investors. Primer Capital leverages a team of experienced professionals and a scientific advisory board to assist in project selection and development, and collaborates with venture funds, business angels, government agencies and medical institutions to support portfolio companies through fundraising and strategic partnerships.

Inventure Partners is a venture capital firm founded in 2012 and based in Moscow that backs technology startups across seed to late-stage rounds. It focuses on online financial services, technology, marketing, digital media, mobile, internet software, B2B, e-commerce and telecommunications, and typically invests between 0.5 million and 5 million with target enterprise values of 1 to 50 million. The firm pursues global opportunities, backing companies in Russia, the CIS, the United Kingdom, the United States and other European markets. It generally seeks minority stakes and board representation, aiming for exits in about five years, with possible extension. Portfolio examples include Gett, American Well and Busfor, illustrating a preference for disruptive, scalable tech businesses addressing real market needs. The firm emphasizes partnering with teams that adopt novel business models to tackle genuine challenges and reduce market inefficiencies.

AYR Capital is an independent private equity, venture capital and financial advisory firm focused on investments in Europe, Russia and the CIS, with activity in real estate, fast-moving consumer goods, oil and gas, energy, information technology and manufacturing. The firm also provides debt financing for growth opportunities and offers financial advisory services. Founded in 2014 and based in Moscow, AYR Capital pursues growth-oriented opportunities across CIS, Eastern and Western Europe and the United States, combining a disciplined risk management approach with a focus on value creation and strong relationships with investors and portfolio companies.

Elbrus Capital Investment Adviser is a venture capital and private equity firm that focuses on early‑stage, middle‑market, and growth‑capital opportunities. It targets small and medium‑sized companies in Russia and the Commonwealth of Independent States, especially those with a strong regional presence beyond Moscow and St. Petersburg. The firm invests between $30 million and $100 million in businesses valued $50 million to $100 million, seeking significant minority or controlling stakes. Its portfolio spans digital services, consumer and business internet, changing consumer patterns, consumer goods and services, outsourcing, logistics, natural‑resource optimization, healthcare, and education. Elbrus Capital typically holds investments for three to seven years and is headquartered in Moscow.

Bright Capital is a venture capital firm with a merchant venturing approach and a global reach. It invests in a broad range of breakthrough and disruptive technologies, including energy, cleantech, efficiency, water, and advanced materials, and also backs the telecom-media-technology sector through its Digital fund. The firm operates across multiple stages, from early to late and growth equity, maintaining a diversified global portfolio.

Klever Internet is a venture capital firm based in Russia that backs internet-enabled companies across a broad spectrum of growth stages, from incubation and seed to late-stage and emerging growth. The firm pursues opportunities across the startup lifecycle and operates as part of Klever Asset Management.

Sistema Venture Capital is the venture capital arm of AFK Sistema, based in Moscow with an office in London. The firm targets investments in growth-stage technology companies worldwide, focusing on internet and software-enabled businesses and early-stage startups, with preference for companies in cognitive technology, artificial intelligence and machine learning, big data, robotics, SaaS and PaaS, marketplaces, Internet of Things, and related platforms, as well as education services, advertising technology and interactive journeys. It seeks to invest around ten million dollars for minority or controlling stakes to help establish market leaders over the next 3-5 years, typically targeting Series A rounds and beyond, and pursues opportunities across the United States, United Kingdom, Western Europe, Russia, Israel and other CIS and international markets.

Startup Lab is a Moscow-based venture capital firm and accelerator founded in 2018. It focuses on pre-seed, seed, and early-stage investments, primarily in Russia, the CIS and Eastern Europe, with a typical early-stage investment ceiling of about 3.5 million rubles. Beyond capital, Startup Lab provides portfolio companies with networks, support to scale sales channels, optimize business models and internal processes, and guidance toward international market entry, including exposure to sectors such as pharma and retail.

S-Group Capital Management was a Moscow-based private investment firm that specialized in late-stage venture, mature and growth capital investments across information technology, clean energy and new energy solutions, material sciences, biotechnology, and tourism and leisure. The firm is no longer investing.

Founded in 2013 and headquartered in Moscow, Typhoon Digital Development is a venture capital firm focusing on pre-seed stage investments. It specializes in digital projects, internet businesses, deep learning, big data, technological solutions for telecom operators, internet traffic management, and search engine optimization.

AIP Private Capital is a Toronto-based venture capital and private equity firm founded in 2010 that provides debt, private equity and special financing to emerging growth companies. It targets financial services, technology and resource sectors and pursues investments across the small-to-middle market and growth capital spectrum, including private debt, venture debt and bridge loans. The firm operates with a global outlook, with emphasis on North America.

PIKvc is a venture capital firm focused on supporting early-stage founders and their teams. It aims to build a community, take thoroughly calculated risks, and care for its companies throughout their entire lifecycle.

Founded in 2018, Sailing Startup is a venture capital firm based in Moscow, Russia. It invests in early-stage startups focusing on artificial intelligence and machine learning, big data, retail and e-commerce, education technology, and human resources technology sectors.

Sistema SmartTech is the corporate venture arm of Sistema, based in Moscow, Russia. Founded in 2020, it invests in early-stage Russian technology companies and focuses on high-technology sectors such as digital products and services, transport, IT in medicine, biotechnology, and artificial intelligence, as well as education, logistics, and digital solutions in industry.

Mint Capital is a Moscow-based private equity firm founded in 2000. The firm has historically pursued early-stage and growth investments in Russia, with sector experience in business services, logistics, distribution and IT services.

Founded in Moscow, Russia in 2021, Voskhod Venture Capital is a venture capital firm focusing on investments in deep-tech companies across biotechnology & medicine, food & agricultural technology, microelectronics & optoelectronics, green technologies, robotics, and new mobility sectors.

Singulariteam, founded in 2012 and based in Tel Aviv, is a venture capital firm and angel investor with offices in Moscow, Auckland, Almaty, and Singapore. It provides early-stage and seed funding for technology companies, concentrating on artificial intelligence, robotics, augmented and virtual reality, nanotechnology, and related fields, with fintech as a target area. The firm assesses teams and ideas quickly, emphasizes long-term partnerships, and supports portfolio companies through ongoing involvement and professional guidance. Israel remains a central investment focus.

Equity Algorithm is a venture capital firm based in Moscow, Russia, founded in 2018. It focuses on investments in environmental, social, and governance-compliant projects, cleantech, technology, and related commercial services. The firm seeks opportunities that promote sustainable growth and innovation, targeting early-stage to growth-stage ventures across industries that benefit from cleaner technologies and responsible governance.

VEB Ventures is a Moscow-based venture capital firm associated with Vnesheconombank. It was established to invest in high-technology projects linked to Russia’s Skolkovo Foundation and to support the government’s innovation programs. The firm has focused on funding companies in medical technology, biotechnology, and clean technology within Russia, aiming to build innovation infrastructure, facilitate technology transfer, and promote Russian innovations globally.

RUSNANO is a Russian company founded in 2007 and based in Moscow that focuses on commercializing nanotechnology developments. It invests in high-tech and nanotechnology projects, seeking to create or modernize production facilities in Russia and to support the development of technologies across sectors such as semiconductors, optics, energy, biomedicine, and advanced materials. The firm pursues direct investments as well as fund-based investments and maintains an international footprint with offices in Menlo Park and Herzliya Pituach and a U.S. subsidiary, enabling collaboration with North American and global partners.

Flashpoint is an international investment group focused on Western technology companies founded by expatriates from Emerging Europe and Israel. It manages six venture funds—a mix of four venture capital funds, a venture debt fund, and a secondary fund—and has assets under management in the hundreds of millions. The firm maintains offices in London, Tel Aviv, Budapest, Warsaw, Riga, Nicosia, and New York. It has invested in more than 50 companies, including Guesty, Chili Piper, and Office RnD, and has completed exits such as Shazam (sold to Apple) and Chess.com (sold to PokerStars founders and General Atlantic). The group targets software and business-to-business technology across Europe and Israel, with a preference for Western technology opportunities originated by expatriates from its focus regions.

AltaIR Capital is a San Francisco-based venture capital firm that invests in early and growth-stage startups across a range of sectors. The firm focuses on companies with disruptive ideas and strong growth potential, including productivity tools, future of work, software as a service, fintech, insurtech, artificial intelligence, and digital health. Its portfolio features key players in the startup ecosystem, including top incubator graduates and promising teams.

Phystech Ventures is a venture capital firm established in 2013 and based in London that invests in deeptech startups worldwide. The firm focuses on seed and Series A rounds, often acting as the first institutional investor in its portfolio companies. It has backed 31 companies across 9 countries, including spin-offs from eight universities, reflecting its emphasis on university-affiliated and research-driven technologies.

Mubadala Investment Company is a sovereign wealth fund owned by the Government of Abu Dhabi that manages a diversified, global portfolio across industries including technology, aerospace, energy, real estate, healthcare, agribusiness, and financial assets. Created in 2017 from the merger of Abu Dhabi investment entities, it pursues long-term value and economic growth for Abu Dhabi by investing domestically and internationally. Headquartered in Abu Dhabi, the company operates with a worldwide presence, maintaining offices in major markets such as Rio de Janeiro, Moscow, New York, and San Francisco, and a joint venture in Hong Kong. It focuses on strategic, value-driven investments spanning multiple sectors and asset classes to support diversification of the emirate’s economy and generate sustainable returns over time.

AddVenture is an international venture capital firm based in Limassol, Cyprus, founded in 2008. It manages multiple funds and invests in technology- and consumer-oriented companies across software, media, TMT, SaaS, mobile, e-commerce, retail, health tech, food tech, marketplaces, and related services. Typical investments range from 0.3 to 5 million.

SmartHub is a venture capital firm and funding platform based in San Francisco that connects technology startups with investors and supports the investment process. It provides investors with tailored portfolios, research, deal structuring, legal paperwork, quarterly reporting, and protection of investment rights through exit, while offering startups rapid feedback, deal opportunities, strategic development support, networking, and fundraising guidance.

RTP Global is a venture capital firm that focuses on early-stage technology investments, supporting portfolio companies with strategic guidance and a broad global network. Founded in 2000, the firm operates with offices in New York, London, Bangalore, and Dubai, and has invested in companies across Europe, Asia, and North America, including several that later became multi-billion-dollar public companies such as Yandex, EPAM, Delivery Hero, RingCentral, Datadog, and Ozon.

TPY Capital is an Israeli investment firm based in Tel Aviv that operates as a private equity and venture capital firm, focusing on early-stage, pre-revenue, revenue-stage, and growth technology companies. It is an active investor that typically leads rounds and concentrates on sectors such as quantum computing, cloud infrastructure, data and analytics, fintech, enterprise software, machine learning, enterprise digitalization, and human augmentation. The firm backs Israeli startups, generally pursuing minority positions and supporting companies through multiple growth stages. Founded in 2011, TPY Capital aims to support innovative technology firms across Israel.

WI Harper Group is a San Francisco-based venture capital firm with a China-focused footprint, including offices in Beijing and Taipei. Founded in 1993, it invests in startup companies across the United States, Greater China, and the Asia Pacific in sectors such as healthcare, biotechnology, artificial intelligence, robotics, fintech, sustainability, and new media. The firm targets early and expansion-stage opportunities, supporting companies from seed to later rounds and helping bridge U.S. and Greater China markets through cross-border expertise.

Ruvento Ventures is a Singapore-based venture capital and incubation firm that backs technology startups and early-stage ventures. It focuses on AI, machine learning, Internet of Things, robotics, bioengineering, cleantech, hardware and other disruptive technologies, with a global reach and a regional emphasis on Southeast Asia and markets in CIS to bring products to Asia. The firm pursues direct investments and incubation programs, including seed and early-stage rounds, and participates in fund-of-funds opportunities. In its Singapore incubation program it provides staged financing: up to USD 0.04 million in the proof-of-concept stage and up to USD 0.16 million in the commercial stage. Direct investments are up to USD 0.5 million, with potential syndication for the right deals up to USD 3 million. Ruvento Ventures operates from Singapore with additional offices in San Francisco and Shanghai, supporting portfolio companies from concept to market.

Target Global is a European technology investment firm with over €3 billion in assets under management and offices in London, Berlin, Tel Aviv, and Abu Dhabi. Founded in 2015 by Shmuel Chafets and Yaron Valler, it backs technology companies across seed to growth stages in Europe and beyond, offering diverse expertise and hands-on support to help portfolio companies scale. Its investments cover fintech, software, and consumer platforms, and the firm has backed unicorns and led or participated in numerous exits through a multi-fund and co-investment approach, reflecting a focus on identifying high-potential ventures in large and evolving markets.

Fastlane Ventures is a venture capital firm founded in 2010 that focuses on developing, launching and promoting internet startups. It combines seed investing with hands-on operational involvement to help portfolio companies grow rapidly, particularly in consumer internet segments such as online retail, travel, relationship, health and recruitment. The firm provides strategic guidance, resources and governance support, aiming to move ventures from concept to launch quickly and toward exit within a few years. It collaborates with international investors to fund its portfolio and helps portfolio companies scale through hands-on execution and network access.

Headline is a San Francisco based venture capital firm founded in 1998 that operates globally with a presence in seven cities and leads rounds across stages. It maintains a multi fund approach, with Early Stage funds across the US, Europe, Asia and Brazil and a Growth Fund based in San Francisco that backs companies from Series B onward, enabling it to identify local trends and back scale across geographies. The firm backs a broad range of sectors including consumer, media, financial services, healthcare, information technology, SaaS, cybersecurity, e commerce, artificial intelligence and digital health, and has a notable portfolio featuring Sonos, The RealReal, Creditas, Sorare, Pismo, AppFolio, GoPuff, Acorns, Farfetch, Segment, Bumble and Yeahka. Headline also runs an Asia arm, Headline Asia, based in Tokyo, investing in East, South and Southeast Asia across B2B, media, fintech, healthcare, IT, e commerce, AI and other sectors, with activity including a 2020 vintage Asia IV fund focused on the region. Headline positions itself as a global, founder friendly investor that seeks to partner with ambitious entrepreneurs to build lasting companies.

The Untitled is a venture capital firm that funds seed to growth-stage technology and digital-media ventures, with a focus on Russia and Eastern Europe. It makes direct equity or debt investments and operates multiple programs, including seed investments of roughly 0.08–0.15 million USD, club investments of 0.05–0.5 million, money program 0.08–0.15 million or loans up to 0.8 million, and growth-stage rounds of 1–3 million USD for Series A. The firm typically targets companies with a finished product or working prototype and measurable traction, across sectors such as retail technology, advertising, and consumer platforms in the region. Founded in 2011, the firm is described as headquartered in Riga with additional offices in Moscow and London.

SOLventures is a venture capital firm founded in 2013 and based in Nicosia, Cyprus. It pursues early-stage investments in information technology and e-commerce, with a focus on advertising, fintech, mobile, and related sectors. The firm targets opportunities across Russia, the United States, and Europe, leveraging the partners' diverse experience to help startups accelerate growth and deploy capital efficiently.

Runa Capital is a technology-focused venture capital firm founded in 2010, headquartered in Luxembourg with additional offices in Berlin, Palo Alto, and London. The firm concentrates on early-stage investments in software and deep-tech, including artificial intelligence, machine learning, open-source platforms, cloud infrastructure, fintech infrastructure, and enterprise software, with emphasis on SaaS and solutions for regulated industries. It manages multiple funds and aims to back revenue-generating companies, helping them scale globally through hands-on support and an expansive professional network. The team combines entrepreneurial experience from tech and software businesses, led by founders Ilya Zubarev, Serg Bell, and Dmitry Chikhachev, who have collaborated for many years. Runa Capital targets opportunities across North America and Europe, with activity in other regions, seeking to turn growth-stage companies into international champions through strategic guidance and global reach.

I2BF Global Ventures is a New York-based international venture capital firm founded in 2005 with a global investment mandate. It manages over $400 million and is investing from its fifth fund. The firm backs technology, cleantech, biotechnology, materials science, information technology, and space technology companies, with a focus on SaaS, hardware-enabled B2B solutions (AI, IoT, AR, VR, robotics, RPA and automation), digital healthcare, and new media. It maintains teams in New York, London, and Los Angeles, and pursues a hands-on, global venture strategy. Since inception it has backed over 60 startups and exited around 12, reflecting an active approach across Asia Pacific, the United States, Europe, and other regions.

Founded in 2019, Vershina Capital is a venture capital firm based in Nicosia, Cyprus. It invests in early-stage startups operating in innovative business models and growing markets, with a focus on online education (edtech), food technology (foodtech), e-commerce, and software as a service (SaaS) sectors.

FunCubator is the corporate venture arm of FunCorp, based in Limassol, Cyprus. Founded in 2017, it makes strategic investments in technology and digital entertainment, with a focus on communications services, software, augmented reality, virtual reality, artificial intelligence, and eSports in Eastern Europe.

Flint Capital is an international venture capital firm founded in 2013 and headquartered in Boston, Massachusetts. It backs early-stage technology companies across the United States, Europe, and Israel, with additional activity in Western Europe and Eastern Europe. The firm operates a cross-border approach, supporting Israeli and European ventures as they expand into the US market, and maintains offices in Palo Alto and Tel Aviv. Flint Capital targets a range of sectors including enterprise software, fintech, cybersecurity, health technologies, artificial intelligence, automation, consumer mobile applications, and marketplaces. Typical investments span from about 0.5 million to 10 million per company, covering seed to early growth rounds. The firm emphasizes a broad network of entrepreneurs and industry experts to source high-quality opportunities and help portfolio companies scale internationally.

IMI.VC is a venture capital firm based in Vilnius, Lithuania, established in 2011. It invests in internet-based and technology startups, with a focus on mobile applications, gaming, e-commerce, and information technology sectors, and provides capital along with advisory services. The firm also runs a startup academy program that offers funding, mentorship, and workspace to help startups develop their ideas and connect with venture and strategic investors.