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.

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Tera Ventures OÜ is a venture capital firm specializing in seed and startup stage investments. The firm focuses to invest in digital space. It seeks to invest in CEE, Estonia, Scandinavia, Finland, Denmark, Latvia, Lithuania, Poland, Sweden, and Czech Republic businesses. It invests between €0.2 million ($0.23 million) and €1.5 million ($1.71 million) per company with significant follow-on funding for select investments. Tera Ventures OÜ was founded in July 28, 2016 and is based in Tallinn, Estonia with additional offices in Burbank, California and Helsinki, Finland.

Founded in 2013, Rockaway Capital is a Prague-based investment company focused on digital economy sectors. It primarily invests in e-commerce, fintech, blockchain, and other digitally-enabled businesses across Europe.

Internet Initiatives Development Fund is a Moscow-based venture capital firm founded in 2013 that supports early-stage technology startups across Russia and international markets, including the United States, Europe and Asia. The firm focuses on a broad range of sectors such as retail, virtual and augmented reality, cybersecurity, education technology, internet of things and hardware, digital health, agricultural technology, fintech, artificial intelligence and big data, software as a service and other corporate software, adtech, manufacturing, and blockchain. It also runs an acceleration program across Russia to help portfolio companies scale. Investment sizes typically range from RUB 2.1 million to RUB 324 million.

RSG Capital was a venture capital firm based in Ljubljana, Slovenia, founded in 2006. The firm specialized in mezzanine, startup, growth capital, and early-stage investments, focusing on sectors such as Internet, mobile, software, energy, and life sciences. RSG Capital managed the Prvi sklad, the first venture capital fund in Slovenia, and aimed to invest in early-stage companies from Central and Eastern Europe with high growth potential and innovative technologies. Typically, the firm made equity and debt investments ranging from €0.5 million to €1.5 million. Although RSG Capital is no longer investing, it played a significant role in supporting the development of promising companies in the region.

Russian Ventures, founded in 2008, is a venture capital firm based in Moscow, Russia. It focuses on investments in internet and technology companies across Russia.

Service Provider Capital is a venture capital firm established in 2014 and based in Colorado. The firm focuses on early-stage investments, notably seed-stage opportunities, and participates as a co-investor in Series A rounds led by institutional venture funds. Its portfolio interests span a broad range of technology sectors, including artificial intelligence, machine learning, blockchain, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, health, and cannabis.

Founded in 2000, TTV Capital is a venture capital firm based in Atlanta, Georgia. It specializes in early-stage investments in financial technology companies, focusing on sectors such as payments, banking, investing, and embedded finance.

The Georgia Research Alliance (GRA) is a not-for-profit organization based in Atlanta, Georgia, established in 1990. Its mission is to enhance research and commercialization capabilities within Georgia's universities, thereby fostering the development of new companies and high-value jobs. GRA focuses on investing in seed, early, and late-stage startups that are driven by research and are based in Georgia. The organization primarily targets sectors such as information technology, healthcare, and life sciences, aiming to transform lives through innovation and entrepreneurship.

Founded in 2014, Tech Square Ventures is an Atlanta-based venture capital firm specializing in seed and early-stage investments. It focuses on enterprise, marketplace, platform, and tech-enabled service companies with defensible intellectual property and proven technology. The firm invests primarily in the Southeast region, with a focus on Georgia and Atlanta.

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.

GRA Venture Fund is a private investment fund that provides capital to promising companies emerging from Georgia's universities. It makes seed, early-stage and mid-stage investments in companies originating from GRA Ventures, the commercialization arm of the Georgia Research Alliance. Based in Atlanta, Georgia, the fund targets companies operating in technology, life sciences, manufacturing and agriculture sectors. Investors include the State of Georgia, private individuals, corporations and foundations.

Insight Partners is a global software investor that partners with growth-stage technology and software companies. The firm focuses on growth-stage software, internet, and data services, with emphasis on fintech, cybersecurity, artificial intelligence and machine learning, DevOps, and healthcare. Based in New York City with offices in London, Tel Aviv, and Palo Alto, Insight Partners has backed more than 750 companies worldwide and has more than 55 portfolio companies that have achieved an IPO. As of 2022, the firm reports over $75 billion in assets under management. It seeks to fund and work closely with visionary executives, providing practical, hands-on software expertise to support growth from initial investment through to IPO.

Established by Vnesheconombank in 2011, VEB Ventures focuses on investing in high-tech projects aligned with Russian government innovation programs. Its strategic goals include supporting domestic innovation infrastructure, facilitating advanced technology transfers, and promoting Russian innovations globally.

Mosley Ventures is a venture capital firm based in Atlanta that backs early-stage technology startups in Atlanta and the Southeast. It focuses on security software, mobility and wireless, big data, and healthcare information technology. The firm is led by managing partner Sig Mosley, a veteran Southeast investor with a long track record of backing startups and facilitating liquidity events.

Founded in 1983, Kinetic Ventures is a venture capital firm specializing in early-stage investments in communications, information technology, and power/clean technology sectors. Based primarily in the United States, with additional offices in Canada and internationally, the firm invests between $2 million to $10 million per company, typically exiting through IPO or acquisition.

Earlybird Venture Capital GmbH & Co. KG is a venture capital firm specializing in early stage, startups, growth and development stage, late, and expansion investments in private companies in seed, series A and B with a potential for later follow on investments. The firm typically invests in disruptive global consumer and enterprise internet and technology businesses, mobility and logistics, internet of things, marketplaces, communities, social networks, blockchain, mobile services, insurance, enterprise productivity, vertical integration, data, analytics and artificial intelligence, cloud computing, software/information technology, communications, healthcare, diagnostics, convergent technologies, and technology enabled services companies. It also invests in internet services, financial technology, cleantech, health technologies, web servers, B2B commerce, e-commerce software, digital media technologies, hardware, diversified financial services, media, medical technology, medical devices and biotech platform technologies. The firm typically invests in globally focusing on companies based in Europe, with an emphasis on German-speaking countries and Central Eastern Europe. The firm also invests in United States of America, Ukraine, GSA, Nordics, United Kingdom, Benelux, France, Southern Europe, Slovenia, Slovakia, Serbia, Romania, Western Europe, Poland, Montenegro, Moldova, Macedonia, Lithuania, Latvia, Kosovo, Hungary, Estonia, Czech Republic, Croatia, Bulgaria, Bosnia and Herzegovina, Albania, Germany, Turkey, and Jordan. It initially invests between €200,000 million ($0.22 million) and €5 million ($7.18 million) and can participate in subsequent rounds up to a total investment of €10 million ($14.37 million) to €15 million ($21.56 million) per Portfolio Company. The firm prefers to be the lead investor, take a minority stake, and a board membership in the portfolio companies. Earlybird Venture Capital GmbH & Co. KG was founded in 1997 and is based in Berlin, Germany with additional offices in Munich, Germany; Istanbul, Turkey; and the United States.

BIP Capital is an Atlanta-based investment firm that partners with daring entrepreneurs to scale their high-growth companies. They provide capital and operational support, investing between $2 million to $5 million in companies with revenues up to $10 million. BIP Capital focuses on software and TMT sectors, seeking companies with a revenue of USD 1 million to 5 million for investments ranging from USD 4 million to USD 5 million.

Founded in 2012, Atlanta Ventures empowers Software as a Service (SaaS) entrepreneurs by providing community support, valuable content, and capital investment. It also co-founds companies through its in-house Studio to address significant challenges.

Integer.pl Group is one of the most successful private postal groups in Europe. In only 3 years, the InPost parcel lockers technology can be found in the following countries: Australia, Chile, Great Britain, Italy, Ireland, Iceland, Lithuania, Latvia, Ukraine, Estonia, Poland, Russia, Saudi Arabia, Cyprus, Slovakia, Czech Republic, Colombia, Costa Rica, El Salvador and Guatemala. By offering a unique customer experience to its users, as illustrated by an NPS (NET PROMOTER SCORE, as for February 19th) of 89%, Integer.pl Group aims to build a strong global footprint in the global logistics sector. The innovative nature of the InPost parcel locker solution was confirmed by a number of awards that the Group has won, including World Mail Awards 2013, Retail Innovation of the year (2013), Delivery Innovation Excellence UK (2014).

Ruvento Ventures is a Singapore-based venture capital and incubation firm that supports technology startups across early stages, including incubation and seed rounds. It focuses on AI, machine learning, Internet of Things, robotics, hardware, cleantech, and other disruptive technologies, as well as enabling technologies for web and mobile and sectors such as medical devices and data analytics. The firm pursues global investments with a regional tilt toward Southeast Asia and CIS markets, aiming to bring products to Asian markets including China, India, and Indonesia. Typical commitments range from tens of thousands to several hundred thousand dollars per project, with direct investments up to about 0.5 million and potential syndication to around 3 million. In its Singapore incubation program, it provides staged financing in two rounds: a proof-of-concept portion and a subsequent commercial-stage portion, totaling up to about 0.2 million. Ruvento operates from Singapore with additional offices in San Francisco and Shanghai, reflecting a global reach while maintaining a regional focus on Asia.

Founded in Russia in 2016, TealTech Capital is a venture capital firm that invests in innovative startups with a focus on modern management practices and platform solutions. It supports projects across various sectors including medicine, health, education, retail, robotics, and agriculture.

Advantage Capital Partners is a United States‑based venture capital firm that provides growth equity, debt, and mezzanine financing to small and mid‑market companies, with a focus on underserved communities and state and local economic development. The firm invests across sectors including manufacturing, technology, business services, life sciences, and energy, and also supports real estate development projects with equity and debt. It typically makes initial investments ranging roughly from half a million to ten million in companies with modest sales, and may participate in larger follow‑on rounds or co‑invest with other firms. It uses senior debt, mezzanine debt, subordinated loans, and government‑guaranteed lending, and often pursues equity positions through preferred shares or convertible notes. Advantage Capital operates nationwide in the United States, with roots in New Orleans and offices in multiple states, and has backed thousands of jobs and housing projects as part of its mission to expand inclusive economic growth.

Founded in 2020, Overline is a seed-stage venture capital firm based in Atlanta, Georgia. It invests in and supports exceptional founders, aiming to foster an inclusive community of entrepreneurs in the Southeast region of the United States.

Established in 2008, Softline Venture Partners is a corporate venture fund that invests across various technologies such as Edtech, HRTech, Cybersecurity, Cloud Services, Big Data, Artificial Intelligence, and Internet of Things. The firm has invested approximately US$35 million in over 20 portfolio companies, with investments ranging from $300 thousand to $3 million per project.

RUSNANO Management Company LLC is a private equity and venture capital firm specializing direct and fund of funds investments. Within direct investments, the firm specializes in private equity and venture capital investments in middle market, late venture, later stage, emerging growth, and PIPEs. Within fund investments, it focuses on private equity and venture capital funds. Within direct investments, the firm prefers to invest in the scientific research sector, high-tech companies with a focus of at least 30% on nanosatellite projects and in new materials, engineering and instrumentation, metallurgy and metalworking, energy, construction, robotics, as well as biotechnology and nuclear medicine, opto- and nanoelectronics industries. solar energy and energy conservation, microelectronics, energy efficiency, robotic technology, information and communication technology, alternative energy, biomedicine, new materials, metalwork, biotechnology and medicine, electronics and mechanical engineering. It gives priority to projects that will establish new manufacturing facilities or broaden and modernize existing production. The firm invests in companies based in the Russian Federation. It seeks to invest in projects whose income in five years is forecasted at RUB250 million ($8.5 million) or greater. The firm also seeks to co-invest. It uses various modes of investment such as investment in owner’s equity of the project company, loans, credit guarantees, and leasing operations. RUSNANO Management Company LLC was founded on July 19, 2007 and is based in Moscow, Russian Federation with additional offices in Menlo Park, California and Herzliya Pituach, Israel. RUSNANO Management Company LLC operates as a subsidiary of JSC Rusnano.

Right Side Capital Management is a San Francisco-based venture capital firm that focuses on early-stage, pre-seed technology startups in underserved segments of the ecosystem. It invests in a high-volume, capital-efficient portfolio, typically funding rounds of 50,000 to 500,000 and making roughly 75 to 100 investments per year. The firm targets opportunities across the United States and internationally, including Canada, Israel, Australia, New Zealand, and Western Europe, prioritizing companies with scalable products and prudent capital use outside major metro hubs. Since its inception, it has built a broad portfolio across many states. It commits to a fast decision process, often delivering a yes or no within two weeks to help founders establish momentum.

TechOperators is a venture capital and private equity firm based in Atlanta, founded in 2008. It targets B2B software startups across the Southeast United States, with a focus on cybersecurity, enterprise productivity, cloud computing, and IT infrastructure. The firm invests in early- and growth-stage opportunities and provides strategic, operational, and networking support to its portfolio companies to drive growth and transformation.

Winter Capital Partners is a private equity and venture capital firm established in 2015 and based in Moscow City, Russia. The firm specializes in mid to late venture and growth capital investments, primarily in consumer technology, financial services, education, healthcare, and digital health sectors. It engages in global investments, typically allocating between $0.5 million and $5 million for venture capital and $10 million to $100 million for private equity. Winter Capital Partners generally takes minority stakes in venture capital investments and can hold both minority and controlling stakes in private equity deals. Additionally, the firm offers advisory services to its portfolio companies, leveraging its market expertise to support growth.

Founded in 2015, Valor Ventures is a venture capital firm based in Atlanta, Georgia. It specializes in investing in early-stage companies led by underrepresented founders, with a focus on the Southeast region of the United States. The firm primarily invests in sectors such as software, fintech, and health tech, typically leading seed rounds and investing between $1 million to $2 million.

Skolkovo Ventures LLC is a venture capital and private equity firm based in Moscow, Russia, founded in 2017. The firm specializes in seed and growth capital investments, focusing on small, innovative technology companies. Its investment areas include the Internet of Things, fintech, virtual and augmented reality, robotics, unmanned technologies, intelligent power engineering, predictive analytics, artificial intelligence, big data, cybersecurity, digital agriculture technologies, additive manufacturing, new materials, and innovative food products. Skolkovo Ventures typically invests between RUB100 million and RUB200 million in each project, aiming to support the development of cutting-edge technologies and contribute to the growth of the venture ecosystem.

Inventure Partners is a Moscow-based venture capital firm founded in 2012 that provides equity backing to technology startups across seed through late stages. It targets online financial services, technology, marketing, digital media, mobile, internet software, B2B, and telecommunications, and invests in companies across Russia, the United States, the CIS, the United Kingdom, and other European markets. Typical commitments range from 0.5 million to 5 million dollars for enterprises valued between 1 and 50 million dollars. The firm usually takes a minority stake and a board seat, with an expected exit horizon of about five years, extendable by up to two years. It prefers opportunities with potential for an initial public offering within two to three years. Portfolio examples include Gett, American Well, and Busfor, illustrating involvement in on-demand services, telehealth, and transportation platforms.

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.

Founded in 1972, Kleiner Perkins is a venture capital firm based in Menlo Park, California. It specializes in investing in early-stage, growth, and incubation companies across various sectors including technology, healthcare, life sciences, and consumer goods. The firm partners with founders from inception to IPO, supporting them to maximize the potential of their ideas.

An Atlanta-based private equity and venture capital firm founded in 1983 that targets early to growth-stage technology and healthcare companies in the United States, with a focus on the Southeast and Georgia. It invests across seed, startup, early and late venture, emerging growth and growth capital, and seeks to take board seats in portfolio companies. The firm focuses on software, information technology, internet security, cloud services, SaaS, data analytics, fintech and payment technologies, as well as healthcare infrastructure, health IT, revenue cycle management, telemedicine and care management platforms. It generally backs companies with roughly $2 million to $20 million in revenue and invests about $6 million to $10 million per deal. Noro-Moseley prefers opportunities headquartered in Georgia and nearby states such as Florida, North Carolina, Texas and others in the Southeast and beyond. It does not invest in pure drug development opportunities.

Headquartered in San Francisco with offices globally, Citi Ventures explores, incubates, and invests in innovative ideas across fintech, data analytics, commerce, security, marketing, property tech, distributed ledger technology, and digital assets. It collaborates with Citi colleagues, clients, and the broader innovation community to drive discovery of new value.

Founded in Atlanta by Dr. Paul Judge and Allen Nance, TechSquare Labs is an incubator and seed fund that supports early-stage technology companies. They offer coworking space and corporate innovation facilities, focusing on sectors such as information technology, big data, AI, blockchain, cybersecurity, SaaS, and marketing tech.

Inovo Venture Partners is a venture capital firm established in 2011 and based in Warsaw, Poland, with over €50 million in assets under management. The firm focuses on investing in high-growth technology companies at the pre-seed, seed, and Series A stages, particularly within the Central and Eastern European region. Inovo specializes in sectors such as developer tools, artificial intelligence, machine learning, data science, healthcare, and SaaS-enabled marketplaces. The firm has earned recognition as a leading venture capital investor in Poland, having supported over 20 companies through direct investments and as business angels. Notable investments from its first fund include Booksy and Brand24, while its second fund has backed companies like Allset and Tidio. Inovo's team comprises experienced professionals with backgrounds in prominent organizations, enabling them to effectively identify and nurture companies that are poised to transform their industries and achieve market dominance.

FINAM Global is a private equity and venture capital firm based in Moscow, Russia, founded in 2004 by Victor Remsha. The firm specializes in investing in mid-sized technology companies across various stages, including seed, early, mid, and late venture, as well as buyouts. Its primary focus is on sectors such as technology, media, and telecommunications, with particular interest in areas like consumer Internet, e-commerce, online services, software production, and digital media. FINAM Global aims to acquire control positions or significant minority stakes in its portfolio companies, offering flexible financing solutions to support growth and operational development. The firm has also expanded its investment reach to include companies in Southeast Asia, the United States, and Europe.

Primer Capital is a venture capital firm based in Moscow, Russia, specializing in early-stage investments in the pharmaceutical and biotechnology sectors. Established in 2015, the firm focuses on promising projects in areas such as oncology, cardiology, rheumatology, and medical devices, among others. Primer Capital typically invests between $0.2 million and $0.5 million and also considers co-investments, collaborating with various stakeholders, including other venture capital funds, business angels, and government agencies interested in the biopharmaceutical industry. The firm benefits from a qualified team and a Scientific Advisory Board made up of experts in medical and biopharmaceutical fields, which aids in the careful selection of projects for its portfolio. Primer Capital's extensive experience and knowledge of the industry ecosystem enhance the prospects for its portfolio companies, supporting them in establishing effective partnerships and facilitating fundraising throughout their development.

DOMiNO Ventures is a venture capital firm founded in 2021 and headquartered in Amsterdam. It backs early-stage, technology-driven startups with a global reach, focusing on AI, deep tech, cleantech, healthtech, fintech, HR tech, edtech, gametech, cybersecurity and life sciences, and operates from offices in Amsterdam, Istanbul, Estonia, Poland, Georgia, Azerbaijan, Kazakhstan and Uzbekistan.

Founded in 1999 and headquartered in Budapest, Hiventures is a venture capital firm focused on investing in innovative small and medium-sized enterprises with high growth potential across various sectors in Hungary and Central Eastern Europe.

Founded in 2019, Oktogon Ventures is a venture capital firm based in Budapest, Hungary. It focuses on early-stage investments in technology-heavy startups across Central and Eastern Europe, with a particular emphasis on Hungary, Slovakia, the Czech Republic, Poland, Croatia, Romania, Slovenia, and Bulgaria. The firm leverages its local background, operational expertise, and global network to support CEE startups in realizing their full potential.

Panoramic Ventures is a venture capital firm based in Atlanta, Georgia. Established as Panoramic Ventures, LLC, it focuses on investing in later-stage companies.

Flashpoint is an international investment group focused on Western technology companies founded by expatriates from Emerging Europe and Israel. The firm manages multiple venture funds, including four venture capital funds, a venture debt fund, and a secondary fund, with assets under management around 500 million dollars. It serves a global investor base of more than 120 family offices and high-net-worth individuals. Flashpoint maintains offices in London, Tel Aviv, Budapest, Warsaw, Riga, and Nicosia, and has backed more than 50 portfolio companies, with notable exits such as Shazam to Apple and Chess.com to the PokerStars founders and General Atlantic.

BLH Venture Partners, founded in 2009 and based in Atlanta, Georgia, is a venture capital firm that focuses on investing in consumer internet, technology-enabled services, digital media, e-commerce, enterprise technology, and software sectors. The firm seeks to collaborate with smart entrepreneurs who demonstrate strong execution capabilities in growing markets where they have relevant experience and deep insights. BLH Venture Partners emphasizes building long-term partnerships with both its portfolio companies and the markets they serve, fostering an environment conducive to sustainable growth and innovation.

Founded in 2016, Cabra.VC is a venture capital firm based in Limassol, Cyprus with additional offices in Moscow and Riga. It specializes in direct investments across growth stages, focusing on consumer, enterprise, technology, and software sectors, particularly SaaS, B2B, and subscription-based business models. The firm considers investments in India and the United States.

Klever Internet, founded in 2015 and based in Moscow, Russia, operated as a venture capital investment firm. The company focused on making investments across various stages of business development, demonstrating a stage-agnostic approach to venture capital. With a commitment to supporting innovative enterprises, Klever Internet aimed to foster growth and development in the technology sector.

Silicon Road is a venture capital firm founded in 2019 and located in Atlanta, Georgia. The firm focuses on investing in sectors such as information technology, retail, e-commerce, and consumer non-durables. Silicon Road aims to empower retailers through transformative innovations, fostering an ecosystem that connects entrepreneurs, startups, enterprise organizations, investors, and academics. By building relationships across these sectors, the firm seeks to drive advancements in global commerce technology, particularly in eCommerce, retail, and consumer packaged goods.