European tech funding profile
633 startups in Russia have raised a combined €3.8B across 722 funding rounds and recorded 127 exits. Software is the most active sector, and Baring Vostok is the most active investor. Data as of 6 Aug 2026.
#19 in Europe by capital raised — 0.5% of all European startup funding.
| Software | €1.1B | |
| E-commerce | €1.0B | |
| Media | €948M | |
| Consumer | €632M | |
| Cybersecurity | €530M | |
| Transportation | €493M |
| Baring Vostok | 20 |
| Runa Capital | 18 |
| Internet Initiatives Develompent Fund - IIDF - FRII | 15 |
| Moscow SEED Fund | 14 |
| Mail.ru Group | 12 |
| Sistema | 11 |
| AddVenture | 10 |
| Prostor Capital | 8 |
| Target Global | 8 |
| Starta Capital | 8 |
| Ozon | Other | Apr 2019 | €134M |
| inDriver | Other | Sep 2021 | €127M |
| 3DiVi Company | Other | Sep 2021 | €118M |
| Ozon | Growth/Late | Apr 2014 | €109M |
| Vostok Project | Series A | Dec 2018 | €105M |
| Virtus.pro | Seed | Oct 2015 | €89M |
| Moscow | €2.6B | 380 | |
| Saint Petersburg | €183M | 34 | |
| Encinitas | €42M | 2 | |
| Sankt-Peterburg | €25M | 10 | |
| Novosibirsk | €11M | 6 | |
| San Mateo | €7.5M | 3 | |
| London | €5.5M | 2 | |
| San Francisco | €5.3M | 1 |