Russia startup funding in H1 2014
European tech funding raised by Russia startups during H1 2014.
In H1 2014, 17 startups in Russia closed 17 funding rounds and raised €177M in equity funding (excluding debt and grants), up 49.2% versus H1 2013. Software was the most active sector, and Inventure was the most active investor. Data as of 6 Nov 2026.
Equity funding
€177M
+49.2% vs H1 2013 · excl. debt & grants
Funding rounds
17
-26.1% vs H1 2013
Companies
17
Top sector
Software
Rank in Europe
#7
4.2% of European funding
Top-10 round share
95.5%
of disclosed capital
Rounds ≥ €100M
1
Funding by month
€ raised vs rounds, by monthRussia — funding by month, H1 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €10M | 3 |
| Feb | €20M | 2 |
| Mar | €7.6M | 3 |
| Apr | €112M | 3 |
| May | €6.5M | 3 |
| Jun | €20M | 3 |
Top sectors
by € raisedRussia — top sectors by capital, H1 2014 — interactive chart.
Data table
| Russia — top sectors by capital, H1 2014 | |
|---|---|
| E-commerce | €120M |
| Media | €119M |
| Software | €115M |
| Cybersecurity | €109M |
| Consumer | €109M |
| Travel | €19M |
| Transportation | €16M |
| Proptech | €13M |
Stage mix
by € raisedRussia — stage mix, H1 2014 — interactive chart.
Data table
| Russia — stage mix, H1 2014 | |
|---|---|
| Growth/Late | €131M |
| Early VC | €21M |
| Series C | €8.8M |
| Series B | €7.2M |
| Series A | €5.8M |
| Seed | €2.9M |
Top deals
largest disclosed rounds in H1 2014| Company | Stage | Date | Amount |
|---|---|---|---|
| Ozon | Growth/Late | Apr 2014 | €109M |
| AVITO.ru | Growth/Late | Feb 2014 | €13M |
| Lamoda | Growth/Late | Jan 2014 | €9.4M |
| Ostrovok | Series C | Jun 2014 | €8.8M |
| Yell.ru | Early VC | Jun 2014 | €8.1M |
| Aviasales | Early VC | Feb 2014 | €7.4M |
| 2can | Series B | Apr 2014 | €3.6M |
| CityAds | Early VC | Mar 2014 | €3.6M |
| Ecwid | Series B | May 2014 | €3.6M |
| Busfor | Series A | Jun 2014 | €2.9M |
| Doctor At Work | Early VC | Mar 2014 | €2.2M |
| Dream Industries | Series A | May 2014 | €2.2M |
| Surfingbird | Seed | Mar 2014 | €1.8M |
| PayQR | Seed | Jan 2014 | €1.1M |
| CrowdSystems | Series A | May 2014 | €722k |
Top investors
most active in H1 2014, by deal count- Inventure3 deals
- Investment AB Kinnevik2 deals
- Intel Capital1 deals
- International Finance Corporation1 deals
- iTech Capital1 deals
- Klever Internet1 deals
- Runa Capital1 deals
- Sistema1 deals
- Target Global1 deals
- Ulmart1 deals