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Top 10 Medical Device VC Funds & Investors in Russian Federation (September 2026)

The most active venture capital funds investing in Russian Federation Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Russian Federation Medical Device startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Moscow Seed Fund
VC Fund
2 Russian Federation, United States, Israel Seed, Debt Financing Software, Information Technology, Advertising $40k–$380k
Russian Direct Investment Fund
VC Fund
2 Russian Federation, United States, China Private Equity, Venture - Series Unknown, Series A Transportation, Software, Logistics $1.5M–$625M
Vostok Ventures
VC Fund
1 Russian Federation, United States Series A, Venture - Series Unknown, Secondary Market Manufacturing, Robotics, CRM $1.2M–$4.1M
National Technology Initiative
VC Fund
1 Russian Federation Seed, Series A Information Technology, EdTech, Medical $3.1M–$4.6M
Zelenograd Nanotechnology Center
VC Fund
1 Russian Federation Pre-Seed Hardware, Health Care, Manufacturing
TealTech Capital
VC Fund
1 Russian Federation, United States Seed, Series A, Venture - Series Unknown Health Care, E-Commerce, Fashion $2.2k–$16M
TechnoSpark
VC Fund
1 Russian Federation Seed, Pre-Seed Robotics, Logistics, Health Care $62k–$2.2M
Human stem cells institute PJSC
VC Fund
1 Russian Federation Seed Medical, Genetics, Biotechnology
FASIE
VC Fund
1 Russian Federation, United States, United Kingdom Grant, Pre-Seed, Seed Software, Information Technology, Internet $6.8k–$327k
Skolkovo Foundation
VC Fund
1 Russian Federation, United States, Israel Grant, Seed, Pre-Seed Software, Information Technology, Internet $3.9k–$3M
Access all 14 VC funds in Russian Federation Medical Device startups.

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Investor list

Moscow Seed Fund
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Russian Federation Medical Device startups

The Fund for the Promotion of Venture Investment in Small Enterprises in the Scientific and Technical Sphere of Moscow was established by the Department of Entrepreneurship and Innovation Policy of Moscow.

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Investment focus

  • Industry: Software, Information Technology, Advertising
  • Stage:Seed, Debt Financing
  • Geography: Russian Federation, United States, Israel

Investor stats

  • Total investments: 93
  • Round size: Seed $40k–$380k; Debt Financing $80k–$267k
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Ubirator — Ubirator is a waste management service for reasonable business.
  • ML One — The solutions offered by ML One will allow producing from all sidetracks of a multilateral well and enable precise re-entry into the mainbore and laterals during production. We offer solutions suitable for new wells and existing multilateral wells with casing strings of any size.
  • Drone Solutions — Drone Solutions provides a semi-automatic complex for the protection of the object 24/7 from the air.
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Russian Direct Investment Fund
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Russian Federation Medical Device startups

Russian Direct Investment Fund is a Russia’s sovereign wealth fund with reserved capital of $10 billion under management. Working alongside the world’s foremost investors, we make direct investments in leading, as well as promising, Russian companies. RDIF attracted over $40 billion of foreign capital into the Russian economy through long-termstrategic partnerships

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Investment focus

  • Industry: Transportation, Software, Logistics
  • Stage:Private Equity, Venture - Series Unknown, Series A
  • Geography: Russian Federation, United States, China

Investor stats

  • Total investments: 34
  • Round size: Series A $1.5M–$300M; Private Equity $50M–$625M; Venture - Series Unknown $4M–$53M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Borzo — Borzo is a global delivery service that enables intracity same-day delivery. Our algorithms optimize numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. The services are available in 10 countries including Brazil, India, Indonesia,Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam and are used by 3 million customers ranging from SMEs to enterprises.
  • IXcellerate — IXcellerate is an unparalleled Carrier Neutral Data Centre in Moscow, which is comparable to the quality of data centres in America and Western Europe. IXcellerate offers pure-play co-location designed to meet the standards of financial institutions, MNCs, international carriers and major content operators. IXcellerate provides clients with abespoke solution aimed towards solving their unique requirements. Located within the MKAD of Central Moscow, IXcellerate Datacenter can provide basic co-location or private and secure cages. As a carrier-neutral facility, affordable and resilient connectivity will be available within Moscow, Russia and the entire World.
  • Quassar Capital — Quassar Capital is a hedge fund with a broad presence in the United States with offices in New York and London. We are widely respected for our asset management approach globally but more importantly for our innovative operating methodology that allows us to maintain exceptional management of advanc
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Vostok Ventures
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

The Fund invests in fast-growing Russian companies in the high-tech sector, which: Are developing technologies, products and services that hold promise for the future Will nurture development of the business environment in the Far Eastern Federal District Are based in the Far Eastern Federal District

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Investment focus

  • Industry: Manufacturing, Robotics, CRM
  • Stage:Series A, Venture - Series Unknown, Secondary Market
  • Geography: Russian Federation, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $1.2M–$4.1M; Venture - Series Unknown $2.7M–$4.1M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Ozon — leading e-commerce platform in Russia, first russian marketplace
  • Motorica — Motorica focuses on research and development in modern technologies in medicine and produces functional prostheses.
  • Motorika — Motorika’s mission is to create robot-assisted solutions to meet the therapeutic needs of patients suffering from a variety of neurological conditions, including stroke, traumatic brain injury, spinal cord injury, as well as orthopedic and post-surgery dysfunction.Since its inception, the company has established itself as a leader in thedevelopment and marketing of innovative, high-end robotic rehabilitation products for upper and lower extremities.
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National Technology Initiative
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

The National Technology Initiative is a long-term program to create new markets and provide conditions for Russia's technological leadership by 2035. NTI focuses on those markets in which it is possible to develop industries of a new technical order that are significant in terms of ensuring national security and a high standard of living forcitizens.

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Investment focus

  • Industry: Information Technology, EdTech, Medical
  • Stage:Seed, Series A
  • Geography: Russian Federation

Investor stats

  • Total investments: 3
  • Round size: Seed $3.1M–$4.6M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • PM&HM — PM&HM provides digital inhalers, compatible drugs, global technology adoption, inhalation technologies, device development, and drug development. They also develop, manufacture, and promote medical products and digital services. Their mission is to improve treatment standards by implementing digital control, boosting the efficiency and safetyof illness treatment around the world.
  • Neiry — Neiry is a neurotech startup that develops neuro interfaces and processing algorithms for neuro data. Gaming and eSports, wellness and personal productivity, and education are Neiry's focus industries (including industrial). Neiry's Mind Tracker device aids in stress management and has a long-term focus on difficult work to accomplish anylofty objectives. Brain activity waves are read by the gadget sensors, and the software converts the information into measurements that can be understood by humans.
  • Nanosemantics Lab — Create humanlike chatbots for your business. 15 years experience. 90+ clients. 12 languages. More than 5 mln dialogs per year.
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Zelenograd Nanotechnology Center
VC Fund · Zelenograd, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

Zelenograd Nanotechnology Center is one of the leading innovative companies engaged in research and development in the field of nano- and microsystem technology.The center was founded in 2010. RUSNANO Corporation, MIET and the Zelenograd Innovation and Technology Center to solve the problems of generating and supporting new businesses in the fieldof nano- and microelectronics. It is located in Zelenograd at the MIET site of the Zelenograd Special Economic Zone. He is a member of the Interindustry Association of Nanoindustry.Among the clients are enterprises of the radio-electronic industry, which act as customers of products and technological services, as well as small and medium-sized companies for which the nanocenter offers a developed network of specialized centers for collective use and acts as a co-investor in new projects.

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Investment focus

  • Industry: Hardware, Health Care, Manufacturing
  • Stage:Pre-Seed
  • Geography: Russian Federation

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ftech LLC — Ftech is a developer of high performance plasma sterilization technology
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TealTech Capital
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

invests in the advancement of innovative start-ups .

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Investment focus

  • Industry: Health Care, E-Commerce, Fashion
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Russian Federation, United States

Investor stats

  • Total investments: 23
  • Round size: Seed $2.2k–$1.2M; Series A $360k–$620k; Venture - Series Unknown $4.7M–$16M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • FoodMiles — Food Miles is a digital service company that helps local producers and farmers in logistics and delivery of goods.
  • Charmstore — Charmstore is a women's clothing brand.
  • Poison Drop — Poison Drop operates an online multi-brand store of designer jewelry.
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TechnoSpark
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

TechnoSpark creates from scratch, grows and sells companies in a wide range of technology domains: robotics, medical equipment, artificial diamonds, composites, optical coatings, genomics, microbiology, photovoltaics, additive technologies, flexible electronics.

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Investment focus

  • Industry: Robotics, Logistics, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Russian Federation

Investor stats

  • Total investments: 3
  • Round size: Seed $62k–$2.2M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • ErbiLite — ErbiLite is medical laser perforator designed for contactless puncture tissue when taking blood from a finger for analysis.
  • Ronavi Robotics — Autonomous mobile robots as a service
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Human stem cells institute PJSC
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

Human Stem Cell Institute (PJSC "HSCI") - a Russian public company founded in 2003 and works in the field of modern biomedical technology and health care. HSCI develops and implements in medical practice (commercialization and promotion of the market), innovative medicines, as well as high-tech medical services.

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Investment focus

  • Industry: Medical, Genetics, Biotechnology
  • Stage:Seed
  • Geography: Russian Federation

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Histograft — Histograft is a bio-medical manufacturer of gene-activated osteoplastic material intended for bone grafting in surgical dentistry & surgery.
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FASIE
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

Foundation’s main tasks include the implementation of government policy for the development and support of small innovative enterprises (SME); offering direct financial, informational and other aid to small innovative enterprises, implementation of projects to develop and produce new high-tech products; and creating and developing an infrastructurefor SME.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Russian Federation, United States, United Kingdom

Investor stats

  • Total investments: 25
  • Round size: Seed $21k–$152k; Grant $30k–$327k; Pre-Seed $6.8k–$67k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • allSee — Automotive AI startup for driving school market
  • NFCkey — NFCkey is a smart door locks company that ensures secure exchange with encrypted digital key through mobile app using NFC technology.
  • DocsInbox — DocsInbox is a cloud document management system for restaurants and their suppliers with the chat for employees.
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Skolkovo Foundation
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Medical Device startups

Skolkovo Foundation is a Russian organization that fosters startups and venture capitals focused on the areas of energy, IT, biomedicine, nuclear, and space. The IT cluster develops strategic directions of information technologies, including search systems and cloud calculations. The biomed cluster supports and develops innovations in the field ofbiomedical technologies. The energy Efficiency cluster supports innovations and advanced technologies, aimed at the reduction of energy consumption by industrial and residential objects as well as lower energy consumption by communal services and municipal infrastructure facilities. The space technologies cluster handles space projects and the development of telecommunication technologies based on space tourism, satellite navigation systems, and more. The nuclear technology cluster supports the creation of new products for power markets, development of new materials, and designing of complex technological systems.In order to carry out its operations, Skolkovo Foundation manages Skolkovo Innovation Center, Technopark, Skolkovo Institute of Technology (Skoltech), and Skolkovo city.Several companies, including Boeing, Cisco Systems, EADS, GE, Johnson & Johnson, IBM, Intel, Microsoft, Siemens, Nokia, and Samsung have signed R&D partnership agreements with Skolkovo Foundation.Skolkovo Foundation was founded in September 2010 and is based in Moscow, Russia.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Russian Federation, United States, Israel

Investor stats

  • Total investments: 45
  • Round size: Seed $14k–$1.9M; Grant $100k–$3M; Pre-Seed $3.9k–$25k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • 4Blind — 4Blind undertakes research, develops, creates and produces innovative engineering solutions. We help in meeting needs of the blind and deaf-blind communities by expanding their opportunities and eliminating the barriers that people with disabilities face in communication, education, employment, transportation and independent living
  • Cashoff Lab — Cashoff Lab Provides profit-generating open banking API solutions for banks and unique digital experience for their consumers
  • VideoOculograph — VideoOculograph offers noninvasive eye pathologies diagnostics and treatment services.
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Medical Device VC funding in Russian Federation at a glance

Stats across 17 deals from 14 investors.

14
investors
in Russian Federation Medical Device startups
17
deals
in Russian Federation Medical Device startups
$425k
median round
in Russian Federation Medical Device startups
57%
lead investors
lead at least one round
35%
Seed
most common funding stage

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