Internet Initiatives Development Fund is a Moscow-based venture capital firm that provides financial and expert support to early-stage technology startups in Russia and beyond. Since its founding in 2013, IIDF has invested in hundreds of tech startups, typically backing pre-seed to Series A rounds with a commitment in the range of several million to a few hundred million rubles. The firm focuses on a broad set of tech sectors, including internet services, fintech, big data, cybersecurity, IoT, edtech, healthcare, and hardware, and it supports portfolio companies through capital, mentoring, and industry connections. IIDF also operates programs to improve transparency and cooperation among entrepreneurs, investors, and state agencies, with a mission to make Russia more attractive for tech entrepreneurship and to develop a more accessible, transparent venture market.

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.

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.

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.

TealTech Capital is a Moscow-based venture capital firm founded in the mid-2010s that invests in Russian startups across medicine, health, education, retail, robotics, and agriculture. The firm operates on teal-inspired management principles and positions itself as a strategic partner to help portfolio projects become independent through modern management practices and platform solutions. It emphasizes a customer-oriented, open and honest relationship with clients and investors. Through its approach, TealTech Capital aims to support projects from early stages to growth, focusing on sustainability and long-term value creation.

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.

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.

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.

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.

Unicorn Capital Partners is a Moscow-based venture capital firm founded in 2019 that targets Russian companies in therapeutics, drug discovery, gene therapy, diagnostics devices, and medical information technology. It focuses on Series A and B investments, backing ventures developing breakthrough medical products and services to address unmet clinical needs in Russia.

Startup Lab is a Moscow-based venture capital firm and accelerator founded in 2018 that invests in pre-seed, seed, and early-stage startups. It focuses on companies based in Russia, the CIS and Eastern Europe, and supports ventures with capital and programmatic assistance to build networks, scale sales channels, optimize business models and internal processes, and prepare for international expansion. The firm targets early-stage opportunities with typical pre-seed investments up to 3.5 million rubles. Sectors of interest include pharmaceuticals, agriculture, edtech, fashion tech and retail.

Prostor Capital is a Moscow-based venture capital firm established in 2011 by private investors, with co-founders including Leonid Reiman and Sergey Merkulov. It concentrates on profitable investments in Russian information technology and Internet companies at the stable growth stage (round A and above) with ready products and rapidly growing user bases. The firm targets tech-enabled companies with significant local or international sales potential, particularly in financial and advertising services, cloud technologies, innovative education, and digital medicine. The management team comprises Sergey Merkulov as managing partner, Alexey Solovyov as managing director, and Stanislav Kosorukov as investment director, who oversee strategy, operations, and deal evaluation. Prostor Capital has been recognized among leading Russian venture investors and maintains a portfolio of technology-driven companies.

Vesna Investment is a venture capital firm based in Moscow, Russia. Established in 2011, it provides financing to internet startups and seeks investments across information technology, telecom, consumer services, retail, education technology, mobile and consumer applications, communications and networking, data storage and management, internet infrastructure and services, and media sectors. After investment, Vesna Investment acts as an active partner, offering support and expertise to portfolio companies.

Mint Capital is a private equity investment firm founded in 2000 and based in Moscow, Russia. It pursues growth and early-stage opportunities, investing in sectors such as business services, logistics, distribution, and IT services. The firm has raised private equity funds to support its investments and operates as an independent investor, providing capital and strategic backing to portfolio companies.

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.

New Industry Ventures is a Moscow-based venture capital firm established by Gazprom Neft, Gazprombank, Russian Venture Company and VEB Innovations. It invests in technology startups operating in oil and gas, petrochemicals, energy, logistics, new materials and alternative energy. The firm focuses on technologies for exploration, production, processing, transportation and storage of hydrocarbons, as well as energy transmission and industrial infrastructure. It also backs digital products and Industry 4.0 solutions, resource and energy-saving technologies, and innovative projects that advance the Russian oil, gas and energy sectors and related industries.

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.

FPI Innovation Fund is a Moscow-based venture capital firm, founded in 2010, focused on investing in artificial intelligence, unmanned systems, chemical technologies, semiconductors, energy-saving and efficiency sectors.

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.

RWM Capital Investment Group is a Moscow-based investment firm specializing in private equity and asset management. Founded in 2006, it pursues buyouts and growth capital investments across sectors including B2B, industrials, cleantech, health tech, life sciences, manufacturing, fintech, and related services, alongside real estate activities such as offices, warehouses, residential properties, and destination venues. Through its subsidiary, RWM Capital Asset Management, the group handles later-stage and growth capital, venture capital, and fund-of-funds activities, as well as mergers and acquisitions and diversification initiatives. The firm concentrates on opportunities in the Russian market, acquiring and developing companies and real estate assets with a multi-year horizon. It aims to create value through strategic positioning, operational improvements, and portfolio diversification, leveraging a cross-sector approach that combines private equity and real estate investments.

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.

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.

Typhoon Digital Development is a Moscow-based venture capital firm founded in 2013 that focuses on pre-seed investments in digital projects and internet ventures. The firm targets opportunities in information technology, artificial intelligence and big data, the Internet of Things, and related telecom and online services, seeking early-stage teams with demonstrated potential. It collaborates with the Internet Initiatives Development Fund and has launched a startup aggregator to support and connect portfolio companies. The firm emphasizes applying its internet and data-centric expertise to early-stage projects and aims to back ventures that can scale in digital markets.

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.

AltaIR Capital is a venture capital firm based in San Francisco, founded in 2005. It backs early and growth-stage startups across sectors including productivity tools, future of work, software as a service, fintech, insurtech, artificial intelligence, and digital health.

Flashpoint is an international investment firm headquartered in London with offices in New York and Tel Aviv and additional presence in Budapest, Warsaw, Riga, and Nicosia. It manages roughly $600 million in assets and runs multiple funds across venture capital, growth debt, and direct secondary strategies, investing in high-growth technology companies originating in Europe and Israel. The firm attracts a diversified base of investors including family offices and high-net-worth individuals. Its portfolio includes Guesty, Chili Piper, and OfficeRnD, with exits such as Shazam to Apple and Chess.com to PokerStars founders and General Atlantic. Flashpoint pursues a multi-strategy approach to technology investing and emphasizes responsible development across themes such as e-learning and telemedicine.

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.

Starta Accelerator is a technology startup accelerator focused on Eastern European founders seeking entry into the United States. It operates a 14-week acceleration program and a 3.5-month mentorship track designed to help teams achieve product-market fit, gain traction, and integrate into the US startup and investing ecosystem. The program typically involves a 130,000 investment: 110,000 in program services and 20,000 cash in exchange for equity, with an additional 20,000 possible for high-performing startups. Founded in 2015, it is headquartered in New York City as a subsidiary of Starta Ventures, a broader group that also encompasses venture investment, education, and co-investing initiatives. Starta Accelerator emphasizes technology startups with European R&D roots and maintains a focus on Eastern Europe, including Russia.

Noventiq is a global solutions and services provider focused on digital transformation and cybersecurity. It delivers software and cloud, services, and hardware offerings and supports customers with cybersecurity solutions, IT infrastructure, multi-cloud deployment, transformation programs, and software asset management. The company operates in about 60 countries across Latin America, Europe, the Middle East, Asia Pacific, and India, delivering digital solutions and professional services to a diverse enterprise base.

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.

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.

Mubadala Investment Company is a sovereign wealth fund based in Abu Dhabi, United Arab Emirates, managing a global portfolio of about USD 385 billion across six continents. It diversifies investments through platforms including private equity, UAE investments, credit and special situations, and real assets. The company pursues economic growth for Abu Dhabi, building national champions, supporting industrial clusters, and partnering with global entities to promote diversification, while adhering to ESG standards and responsible investing.

RTP Global is a venture capital firm that backs early-stage technology companies with a global reach. It focuses on seed to Series B rounds and supports portfolio companies across AI and ML, SaaS, fintech, healthcare, e-commerce and education, often helping with scaling, international expansion and go-to-market. The firm has backed notable companies such as Datadog, DataRobot, Cred, Delivery Hero, Miro, Picsart, Socure, Qonto and dbt Labs. It operates with a global footprint, including offices in New York, London, Dubai and Bangalore to partner with founders and align interests through long-term relationships. RTP Global emphasizes partnerships, long-term value creation, and hands-on support across markets, leveraging a diverse team to facilitate expansion.

TPY Capital is a Tel Aviv-based venture capital firm that focuses on early-stage and growth technology investments in Israeli companies. The firm typically leads rounds and concentrates on sectors such as data and analytics, digitization and human augmentation, fintech, cloud infrastructure, enterprise software, and frontier technologies including quantum computing and machine learning. It pursues minority equity positions and has a track record of backing technology startups across pre-revenue and revenue-stage growth. Founded in 2011, TPY Capital selects opportunities within the Israeli tech ecosystem and seeks to support companies pursuing enterprise productivity, data-driven solutions and digital transformation.

Ruvento Ventures is a Singapore-based incubation and venture capital firm that pursues direct investments and fund-of-funds in technology startups, with a focus on Southeast Asia. It backs early-stage ventures and participates in incubation programs, providing staged financing in Singapore: up to $0.04 million for proof-of-concept and up to $0.16 million for the commercial stage, and direct investments up to $0.5 million, with potential syndication up to $3 million. The firm targets sectors including AI, machine learning, IoT, hardware and robotics, cleantech, medical devices, biotechnology, additive manufacturing, data analytics, digital media, and e-commerce, emphasizing disruptive core technologies and enabling platforms. It operates globally, sourcing opportunities from CIS markets such as Russia, Moldova, Ukraine, and Belarus to bring expertise to Asian markets like China, India, and Indonesia. Ruvento maintains offices in Singapore and additional locations in San Francisco and Shanghai. It partners with founders delivering positive change and seeks to accelerate product development from concept to market.

WI Harper Group is a cross-border venture capital firm with offices in Beijing, Taipei, and San Francisco. Founded in 1993, it focuses on early and early expansion investments across the United States, Greater China, and the Asia Pacific, with a history of backing technology, healthcare, clean technology, and related sectors. The firm pursues a global-local approach, providing financing, strategic guidance, and partnerships to help startups through early growth toward exits such as IPOs or acquisitions.

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 global venture capital firm with a footprint in seven cities worldwide, investing across geographies and leading rounds at multiple stages. Its Early Stage Funds are based in the US, Europe, Asia, and Brazil to support local deal flow, while a San Francisco–based Growth Fund leads Series B and later rounds from a global perspective. The firm operates Headline Asia, the Tokyo-based Asia arm formerly Infinity Ventures, which backs companies across East, South, and Southeast Asia in sectors including business software, fintech, healthcare, artificial intelligence, e-commerce, and cloud technologies. Its portfolio includes notable names such as Sonos, The RealReal, Farfetch, Bumble, Acorns, and Sorare. Headline Asia IV, a 2020 vintage fund based in Tokyo, pursues minority investments across East, South, and Southeast Asia.

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.

AddVenture is an international venture capital firm headquartered in Limassol, Cyprus. Founded in 2008, it invests in software, digital platforms, and technology-enabled services, including SaaS, mobile, e-commerce, retail, and vertical marketplaces. Its activity covers media and TMT sectors as well as health tech, home services, and food tech, reflecting a broad portfolio across software, consumer technology, and digitally driven ventures. The firm seeks opportunities across early- and growth-stage companies with scalable models and platform-enabled strategies.

Left Lane Capital is a venture capital firm founded in 2019 and based in Brooklyn, New York. It invests in internet and consumer technology companies, including growth and seed-growth equity, across North America, Europe, and Israel. The firm emphasizes data-driven decision making and provides hands-on partnership to its portfolio, supporting talent acquisition, operational excellence, and capital access. Its focus areas include the digitization of offline spend, AI-driven solutions, and digital-first brands, with the aim of helping companies disrupt traditional markets and build lasting customer relationships on a global scale.

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.

I2BF Global Ventures is an international venture capital firm founded in 2005 and headquartered in New York, with a global investment mandate and a team in New York, London, and Los Angeles. It backs technology-oriented companies across sectors such as SaaS, hardware-enabled B2B solutions, digital health, new media, cleantech, biotechnology, materials science, information technology, and space technology, spanning early- to growth-stage opportunities. The firm pursues a hands-on approach and supports portfolio companies with global reach, aiming to back innovative ventures that can drive energy, sustainability, and advanced technologies forward. Since inception, it has backed more than 60 startups and exited around 12, and it has managed over 400 million in capital, reflecting its global presence across North America, Europe, and beyond.

Winter Capital Partners is a private equity and venture capital firm founded in 2015 with a global footprint that has included markets in Russia, the Middle East and Asia. It pursues growth equity and late-stage venture investments in consumer technology, financial services, education and healthcare, with a focus on tech-enabled sectors such as EduTech, FinTech, HealthTech and RetailTech. The firm typically targets minority stakes in venture deals and both minority and controlling stakes in private equity transactions, and it provides advisory services. It operates across growth markets and has managed funds totaling over a billion dollars in assets. In 2023 it was acquired by Rockstone Ventures.

Phystech Ventures is a London-based venture capital firm focused on early-stage deeptech startups worldwide. It typically invests in seed and Series A rounds and often acts as the first institutional investor for its portfolio companies. The firm backs science-driven ventures, including spin-offs from universities, across sectors such as next-generation computing, biotechnology, advanced materials, and energy innovation. Beyond capital, it provides industry expertise, mentorship, and a broad network to help portfolio companies accelerate growth, address regulatory challenges, and achieve positive societal impact.

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.

iTech Capital is a Riga, Latvia-based venture capital and private equity investment manager focused on high-growth technology companies worldwide. Founded circa 2010–2011, the firm backs companies at Series A and later stages, providing capital plus technical insight, governance, and guidance to accelerate growth and manage risk. Its investments span online travel, fintech, e-commerce, ad tech, SaaS, big data, artificial intelligence and machine learning, IoT, and related tech-enabled sectors. The team leverages diverse industry experience to support portfolio companies across regions including the United States, Europe and beyond. It has a track record of exits and notable successes, including companies such as Bitfury and TradingView.

Inventure Partners is a venture capital firm founded in 2012 and based in Moscow, Russia. It invests across seed to late-stage rounds in technology-driven companies, focusing on online financial services, software, e-commerce, mobile, digital media, marketing, B2B, internet software and telecommunications. The firm typically takes minority stakes and a board seat, investing roughly 0.5 to 5 million dollars with target enterprise values of 1 to 50 million. Exits are generally planned within five years, with possible extensions, and the firm looks for opportunities with potential IPOs in two to three years. Its geographic scope includes Russia, the United States, the CIS region, the United Kingdom and other European markets. Portfolio companies have included Gett (GetTaxi), the telehealth provider American Well, and Busfor, illustrating an interest in disruptive technology platforms and services.

Leta Capital is a venture capital firm headquartered in Grand Cayman, Cayman Islands. Founded in 2012, it targets late seed and early-stage information technology and software companies, including sectors such as big data, robotics, augmented reality, software as a service, artificial intelligence and machine learning. The firm seeks opportunities primarily in the United States, Canada, Europe and Israel, offering early financing and strategic support to ambitious technology entrepreneurs. Leta Capital has raised multiple funds, including a second fund in 2018 and a third fund in 2021, and has maintained an active investment period through 2024.

IMI.VC is a venture capital firm founded in 2011 and based in Vilnius, Lithuania, that invests in internet-based and technology startups with emphasis on mobile, gaming, applications, e-commerce, and information technology. It provides capital and advisory services to early-stage companies and operates a startup academy program offering funding, mentorship, and workspace to develop ideas and connect with venture and strategic investors, supporting startups to grow and pursue profitable futures.