Internet Initiatives Development Fund (IIDF)

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IIDF has invested in 402 tech startups. The Fund invests between 2.5M and 324M rubles in tech companies at early stages, i.e. pre-seed, seed and series A. The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian online-projects. IIDF`s mission is to make Russia more attractive for tech enterpreneurs. They want to make the Russian venture market understandable and accessible to anyone who wants to begin or grow their Internet businesses.

Website

Industries:

Developer Platform

Human Resources

Internet

Software

E-Commerce

Social Media

Virtual Reality

Artificial Intelligence

Banking

Mobile

Apps

Service Industry

Transportation

Delivery

Food Delivery

Mobile Apps

Gaming

Video Games

Information Services

Information Technology

Retail

Application Performance Management

Developer Tools

E-Learning

Enterprise Applications

Productivity Tools

SaaS

Digital Entertainment

Fantasy Sports

Investor Types:

Venture Capital

Investment Stages:

Seed

Early Stage Venture

Location: Russia