Geographies/Russia/2012

Russia startup funding in 2012

European tech funding raised by Russia startups during 2012.

In 2012, 39 startups in Russia closed 45 funding rounds and raised €289M in equity funding (excluding debt and grants). Fintech was the most active sector, and Runa Capital was the most active investor. Data as of 6 Nov 2026.

Equity funding

€289M

excl. debt & grants

Funding rounds

Companies

Top sector

Fintech

Russia: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2010	€22M	+884.6%	21	+320.0%	—
2011	€108M	+395.3%	28	+33.3%	—
2012	€289M	+167.9%	45	+60.7%	—

Break down 2012 by period

Half-year

H1 H2

Quarters

Rank in Europe

7.4% of European funding

Top-10 round share

88.5%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€8.3M	4
Mar	€260k	2
Apr	€1.5M	2
May	€93M	5
Jun	€55M	6
Jul	€8.9M	6
Aug	€407k	1
Sep	€90M	8
Oct	€17M	4
Nov	€4.2M	3
Dec	€12M	4

Top sectors

by € raised

Data table

	Russia — top sectors by capital, 2012
Transportation	€64M
Proptech	€57M
Marketing	€57M
Fashion	€54M
Software	€49M
Consumer	€34M
Media	€34M
E-commerce	€24M

Stage mix

by € raised

Data table

	Russia — stage mix, 2012
Series D+	€75M
Growth/Late	€67M
Series C	€48M
Series A	€35M
Other	€33M
Series B	€16M
Seed	€13M
Early VC	€1.6M
Grant	€58k

Largest equity rounds

by disclosed amount, 2012

Company	Stage	Date	Amount
AVITO.ru	Growth/Late	May 2012	€57M
Luxoft	Series C	Jun 2012	€48M
Lamoda	Series D+	Sep 2012	€44M
ivi.ru Media	Series D+	Sep 2012	€32M
Ulmart	Other	May 2012	€30M
OneTwoTrip	Series B	Oct 2012	€12M
Lamoda	Growth/Late	Dec 2012	€10M
SeoPult	Series A	Jul 2012	€7.9M
Dauria Aerospace	Series A	Jan 2012	€7.7M
OneTwoTrip	Series A	Sep 2012	€7.1M

View all 45 Russia deals in 2012 →

Top investors

most active in 2012, by deal count

Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology

← All-time Russia funding