Internet Initiatives Development Fund (IIDF)

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IIDF has invested in 402 tech startups. The Fund invests between 2.5M and 324M rubles in tech companies at early stages, i.e. pre-seed, seed and series A. The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian online-projects. IIDF's mission is to make Russia more attractive for tech enterpreneurs. They want to make the Russian venture market understandable and accessible to anyone who wants to begin or grow their Internet businesses.

Alexey Grinenko

Investment Manager

Past deals in Personal Accessories

Style Box

Seed Round in 2023
Style Box is a personal styling service that caters to individuals seeking a fashionable, confident, and time-saving shopping experience. The company begins by assessing each client's color type and preferences through a comprehensive questionnaire, considering factors such as clothing style, preferred brands, and budget. Utilizing data analysis, Style Box then curates personalized clothing recommendations and delivers a selection of items directly to the client, allowing them to choose their preferred styling options.

Style Box

Pre Seed Round in 2023
Style Box is a personal styling service that caters to individuals seeking a fashionable, confident, and time-saving shopping experience. The company begins by assessing each client's color type and preferences through a comprehensive questionnaire, considering factors such as clothing style, preferred brands, and budget. Utilizing data analysis, Style Box then curates personalized clothing recommendations and delivers a selection of items directly to the client, allowing them to choose their preferred styling options.

LookBox

Seed Round in 2018
LookBox is a company that operates an online style guide platform designed to offer personalized fashion recommendations based on individual preferences, budget, and lifestyle. The platform allows users to upload pictures of their existing wardrobe, input their preferences and the occasion for which they are shopping, and receive tailored clothing suggestions from fashion experts. These experts select and deliver clothes that align with the user's tastes, needs, and lifestyle, enabling customers to shop conveniently from home.

Vremya Peremen

Seed Round in 2018
Vremya Peremen provides an online program of the series beautiful and healthy body for women.

LookBox Pro

Seed Round in 2018
LookBox is an online style retailer of apparel using personal shoppers used to offer fashion recommendations based on individual choice and budget. Its application lets users click and post pictures of their existing wardrobe, text their preferences and occasion, and in turn receive personalized recommendations from fashion experts who will select and deliver clothes in accordance with one's tastes, needs, and lifestyle. Products are selected based on the user's preferences, lifestyle, and body type that are curated by the stylists and sent to the user for buying the selected items and returning the rest.

AVE EVA Clothes constructor

Seed Round in 2017
AVE EVA is a platform-designer of women's clothing for creating and ordering personalized models of dresses, skirts and blouses according to individual parameters. It helps girls save time through the remote order format and rational step-by-step selection of all options, as well as receive high quality items and custom tailoring at the price of the mass market.
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