Russian Venture Company

Russian Venture Company, established in 2006 and based in Moscow, is a state-owned entity that serves as a fund of funds. Its primary focus is to invest in venture funds that target Russian technology companies, thereby supporting the growth of innovative startups within the country. The company aims to enhance the competitive landscape of the Russian IT market by providing financial resources and fostering the development of high-potential ventures. With a capital base of approximately US$ 1 billion, Russian Venture Company plays a pivotal role in promoting technological advancement and entrepreneurship in Russia.

Alexey Basov

Deputy CEO - Investment Director and Board member

Past deals in Moscow

BFG

Seed Round in 2019
BFG Group LLC, founded in 2011 and based in Moscow, specializes in developing an intelligent production management platform that utilizes digital twins of production systems. This platform allows manufacturing industries to create digital models of their operations, enabling real-time management and optimization of business processes through artificial intelligence. BFG's offerings include digital reengineering, software deployment, and project robotization, all aimed at enhancing productivity and reducing non-productive time. By simulating optimal production scenarios, BFG's technology helps organizations streamline their operations and swiftly assess the impact of their decisions, ultimately improving efficiency and reducing production cycles.

Brain Beat

Seed Round in 2016
Brain Beat Ltd is develops high-tech biomedical equipment. Our main project is the development of a non-invasive (not required to receive a drop of blood or other biological liquids) glucometer to improve the quality of life of patients with diabetes mellitus. The "Brain Beat" company is a community of physicists, doctors, programmers, engineers, mathematicians, designers united by the idea of ​​improving the quality of human life.
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