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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Moscow Seed Fund | 4 | Russian Federation, United States, Israel | Seed, Debt Financing, Series A | Software, Information Technology, Advertising |
| TealTech Capital | 3 | Russian Federation, United States | Seed, Series A | Health Care, E-Commerce, Fashion |
| Mail.Ru Group | 2 | Russian Federation, United States, Cyprus | Seed, Series A | Social Media, Mobile Apps, Education |
| Phystech Ventures | 2 | United States, Russian Federation, United Kingdom | Seed, Series A, Pre-Seed | Software, Oil and Gas, Energy |
| Baring Vostok Capital Partners | 2 | Russian Federation, United States, Poland | Private Equity, Series B | Internet, Software, E-Commerce |
| Embarcadero Ventures | 1 | United States, Russian Federation | Series A, Seed, Angel | Apps, Gaming, Mobile |
| DV Capital | 1 | Russian Federation | Seed | Retail, Analytics, Marketing |
| LVL1 Group | 1 | Canada, United States, United Kingdom | Seed, Series A, Series B | Software, Health Care, Apps |
| Softline Venture Partners | 1 | Russian Federation, United States, Belarus | Seed, Series A | Software, Information Technology, Internet |
| AddVenture | 1 | Russian Federation, United States, Spain | Series A, Seed | Internet, E-Commerce, Software |
| NuVX Capital | 1 | Russian Federation, United States, Malta | Seed, Pre-Seed | Machine Learning, Artificial Intelligence, Software |
| Index Ventures | 1 | United States, United Kingdom, France | Series A, Series B, Seed | Software, E-Commerce, Internet |
| Red Rowant | 1 | Russian Federation | Seed | Drones, Retail, Logistics |
| Mindrock Capital | 1 | United States, Russian Federation, Cyprus | Secondary Market, Seed | Software, Internet, FinTech |
| Admitad | 1 | Russian Federation, United States, Cyprus | Seed, Series A, Pre-Seed | Marketing, E-Commerce, Software |

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