European tech funding raised by Russia startups during Q2 2016.
In Q2 2016, 27 startups in Russia raised a combined €35M across 28 funding rounds, down 14.4% versus Q2 2015. Software was the most active sector, and Sistema was the most active investor. Data as of 9 Jul 2026.
4 exits · €675M disclosed.
| Mail.ru Group | Acquisition | Apr 2016 | €675M |
| €4.5M |
| Findo | Seed | May 2016 | €2.7M |
| SmartCAT | Early VC | Jun 2016 | €2.5M |
| Viriom | Early VC | Apr 2016 | €1.9M |
| CardsMobile | Early VC | May 2016 | €1.8M |
| Chefmarket.ru | Series A | May 2016 | €1.2M |
| Carfix | Seed | Jun 2016 | €1.0M |
| Foodfox | Seed | Jun 2016 | €1.0M |
| Countbox | Seed | Jun 2016 | €500k |
| TheQuestion | Seed | May 2016 | €500k |
| Grow Food | Seed | May 2016 | €400k |
| Boombilla | Seed | May 2016 | €400k |
