# Top 15 Retail VC (Venture Capital) Funds in Russian Federation in May 2026

## Moscow Seed Fund
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 4
- Stages: Seed, Debt Financing, Series A
- Focus: Software, Information Technology, Advertising

The Fund for the Promotion of Venture Investment in Small Enterprises in the Scientific and Technical Sphere of Moscow was established by the Department of Entrepreneurship and Innovation Policy of Moscow.

## TealTech Capital
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Health Care, E-Commerce, Fashion

invests in the advancement of innovative start-ups .

## Mail.Ru Group
- Type: VC Fund
- Location: Leningradskiy, Chukot, Russian Federation
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Social Media, Mobile Apps, Education

Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites(Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company.Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.

## Phystech Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Oil and Gas, Energy

Early supporters of global distribution in deeptech.

## Baring Vostok Capital Partners
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 2
- Stages: Private Equity, Series B
- Focus: Internet, Software, E-Commerce

Baring Vostok Capital Partners Limited is a venture capital and private equity firm based in Russia. It invests on early venture, acquisitions, buy-outs, growth capital, later-stage, mid-market, and medium-sized enterprises that operate in sectors such as natural resource extraction, particularly oil and gas; competitive industrial companiesthat operate in local or export markets; mass media and telecommunications; utilities; construction materials; specialty manufacturing; real estate development; residential real estate development; internet; software; retail; and service management. Baring Vostok Capital Partners was founded in 1994 and is based in Moscow, Russia with additional offices in Limassol, Cyprus and Gernsi, Channel Islands.

## Embarcadero Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Angel
- Focus: Apps, Gaming, Mobile

Embarcadero is a Venture Fund founded by Chamath Palihapitiya.

## DV Capital
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Analytics, Marketing

DVC invest in fast-growing digital services and platforms that are changing people's lives . Digital venture capital fund
 support the development of these companies

## LVL1 Group
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Apps

LVL1 Group is a private investment management firm, operating across different asset classes and geographies. We were founded with entrepreneurial spirit at our core, with a natural passion for venture investing, working closely with founders to forge meaningful strategic relationships and helping them to succeed. We are not bound by mandates andinvestment periods, which allows us to be flexible and opportunistic. We look for companies that aim to make a strong global impact, particularly in Online Travel, Gaming, eSports, Content and Community Platforms.

## Softline Venture Partners
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet

Softline Venture Partners is a corporate venture fund of Softline Group. Since 2008, Softline Venture Partners have invested about US$20 million in 20 portfolio companies on Russia&CIS market. The amount of investment to one project is from $100 thousand to $1 million. As a stage agnostic investor, the firm works with companies across a widerange of technologies, such as cybersecurity, cloud computing, Big Data, Artificial Intelligence, Internet of Things и Edge Computing.The possibilities and competencies of Softline Group as a service provider operating in 50 countries with more than 60000 customers and leading IT vendors, allows unique opportunities for the Fund's portfolio companies to scale business model and boost sales through developed Softline’s sales channels across the globe.

## AddVenture
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Internet, E-Commerce, Software

AddVenture is a region & stage agnostic venture capital fund with a Russian origin. Our investment range is $1-10M.

## NuVX Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Machine Learning, Artificial Intelligence, Software

Company’s strategy is to assemble a diversified portfolio of investments in leading deep tech technology companies.

## Index Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Internet

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

## Red Rowant
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Drones, Retail, Logistics

Red Rowant is an asset management company specializing in strategic management and business development.

## Mindrock Capital
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Secondary Market, Seed
- Focus: Software, Internet, FinTech

Mindrock Capital offers access to the best venture deals in Silicon Valley for investors around the world. We invest in emerging tech leaders when they show the highest growth rate.

## Admitad
- Type: VC Fund
- Location: Heilbronn, Baden-Wurttemberg, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Marketing, E-Commerce, Software

Admitad provides opportunities for long-term partnershipand the development of your business.

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