Russia startup funding in H1 2012

European tech funding raised by Russia startups during H1 2012.

In H1 2012, 17 startups in Russia closed 19 funding rounds and raised €158M in equity funding (excluding debt and grants), up 486.3% versus H1 2011. Consumer was the most active sector, and Runa Capital was the most active investor. Data as of 6 Nov 2026.

Equity funding

€158M

+486.3% vs H1 2011 · excl. debt & grants

Funding rounds

+46.2% vs H1 2011

Companies

Top sector

Consumer

Rank in Europe

8.7% of European funding

Top-10 round share

99.4%

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

Top sectors

by € raised

Data table

	Russia — top sectors by capital, H1 2012
Transportation	€64M
Proptech	€57M
Software	€49M
Marketing	€48M
Consumer	€34M
Edtech	€3.9M
Travel	€1.8M
Media	€1.5M

Stage mix

by € raised

Data table

	Russia — stage mix, H1 2012
Growth/Late	€57M
Series C	€48M
Other	€32M
Series A	€14M
Seed	€5.3M
Early VC	€1.6M

Top deals

largest disclosed rounds in H1 2012

Company	Stage	Date	Amount
AVITO.ru	Growth/Late	May 2012	€57M
Luxoft	Series C	Jun 2012	€48M
Ulmart	Other	May 2012	€30M
Dauria Aerospace	Series A	Jan 2012	€7.7M
HomeMe.ru	Series A	May 2012	€3.8M
Displair	Seed	Jun 2012	€3.1M
LinguaLeo	Series A	Jun 2012	€2.4M
Displair	Seed	May 2012	€1.7M
TravelRent	Early VC	Jun 2012	€1.6M
Dream Industries	Other	Apr 2012	€1.5M
KuponGid	Series A	Jan 2012	€386k
RusBase	Seed	Mar 2012	€260k
Avatrip	Seed	May 2012	€189k
Displair	Seed	Jan 2012	€139k

View all 19 Russia deals in H1 2012 →

Top investors

most active in H1 2012, by deal count

← All 2012 Russia funding