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Top 10 Travel VC Funds & Investors in Russian Federation (August 2026)

The most active venture capital funds investing in Russian Federation Travel startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Russian Federation Travel startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ventech
VC Fund
1 France, Germany, United States Series A, Series B, Seed Software, E-Commerce, Internet $1.2M–$68M
Runa Capital
VC Fund
1 United States, Germany, France Series A, Seed, Series B Software, SaaS, FinTech $1.1M–$20M
MCI Capital SA
VC Fund
1 Poland, Germany, United Kingdom Series A, Seed E-Commerce, Software, Mobile $603k–$9.4M
Impulse VC
VC Fund
1 Russian Federation, United States, Germany Seed, Series A Advertising, Software, E-Commerce $450k–$6M
Almaz Capital
VC Fund
1 United States, Russian Federation, Germany Series A, Seed, Series B Software, Artificial Intelligence, Internet $1.1M–$58M
Frontier Ventures
VC Fund
1 United States, Russian Federation, Canada Seed, Series A, Series B Software, Internet, Marketplace $2.7M–$36M
Baring Vostok Capital Partners
VC Fund
1 Russian Federation, United States, Poland Private Equity, Series B Internet, E-Commerce, Software $9M–$200M
Mangrove Capital Partners
VC Fund
1 United States, United Kingdom, Israel Series A, Seed, Series B Software, E-Commerce, Information Technology $675k–$25M
PULSAR
VC Fund
1 Russian Federation, United States, Ireland Seed, Pre-Seed Software, Internet, Information Technology $60k–$3M
Guard Capital
VC Fund
1 Russian Federation Series A, Venture - Series Unknown CRM, SaaS, Beauty
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Investor list

Ventech
VC Fund · Paris, Ile-de-France, France · 1 investments in Russian Federation Travel startups

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Seed
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 203
  • Round size: Seed $1.2M–$6.6M; Series A $3.8M–$18M; Series B $5.6M–$68M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Botify — Search engines miss about half the content on enterprise websites. Uncover those hidden opportunities with Botify, the leading enterprise SEO platform!
  • Crobox — Crobox's next generation guided selling solution humanizes your product data and discovery experience with product finders and product data enrichment.
  • mediarithmics — A sustainable and privacy-first next-Gen Data Platform to deliver advanced use cases for leading retail, media and broadcast players. We also provide you with the most advanced solutions for a cookieless and compliant future.
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Runa Capital
VC Fund · Palo Alto, California, United States · 1 investments in Russian Federation Travel startups

Runa Capital is a global venture capital firm built by serial entrepreneurs that invests in early-stage software startups around the world...

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Germany, France

Investor stats

  • Total investments: 152
  • Round size: Seed $1.1M–$10M; Series A $1.5M–$15M; Series B $2.5M–$20M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $69M in 2020

Portfolio highlights

  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Axiom Trust — Axiom Trust is an AI-powered trust startup that modernises professional trust administration during the "Great Wealth Transfer" of over $100 trillion in assets.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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MCI Capital SA
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Russian Federation Travel startups

MCI Capital is a leading Digital Private Equity investor in CEE, based in Warsaw, Poland. MCI Capital seeks to invest in digital disruption, transformation and infrastructure within EU, with focus on CEE. Preferred sectors are SaaS, E-commerce, Marketplace, Fintech, Insurtech, Foodtech, Traveltech and Digital Infrastructure. MCI typically investsEUR 25-100 M in a single project, either in Buyout or Expansion stage. Historically, MCI Capital has also been involved in funds dedicated to Private Debt, Growth and Venture Capital areas – these funds do not conduct any new investments, instead they focus on building the value of assets and de-investing.MCI Capital is managed by the executive management team. The company is listed on the Warsaw Stock Exchange since February 2001 and is also a member of the Polish Private Equity Association.

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Investment focus

  • Industry: E-Commerce, Software, Mobile
  • Stage:Series A, Seed
  • Geography: Poland, Germany, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $1.1M–$1.5M; Series A $603k–$9.4M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • lifebrain — Lifebrain is a fast-growing platform consolidating the actors of the diagnostic laboratory market. It was established and is managed by the founders of FutureLAB, a laboratory group which has been merged into Synlab, a leading company in Europe.
  • ANSWEAR.com — 200 fashion brands with free delivery in 24h!
  • Telematics Technologies — Telematics Technologies sp. z o.o., a Polish technology company, until December 2017 operating as NaviExpert sp. z o.o. The company is a leading provider of insurance telematics and premium navigation solutions for smartphones on the Polish market. The company's portfolio also includes, among others, a system for managing fleets of vehiclesup to 3.5 tonnes called NaviExpert Telematics. In terms of telematics insurance, since 2015 Telematics Technologies has been working with PZU Group, which is one of the largest financial groups in Central and Eastern Europe. As a result of cooperation between the entities, the first offers of Usage-Based Insurance appeared on the Polish market (Safe driving with LINK4, LINK4 Cash Returns) as well as offers of accident detection and reconstruction (PZU GO). Individual customers know Telematics Technologies primarily as a navigation application provider NaviExpert. The application is available on the market under its own brand, as well as in a white label model in offers of all mobile network operators in Poland as Navigation Orange, Navigation Play, Navigation Plus, Navigation T-Mobile. Every month, the system is used by nearly 600 thousand paying users. The company creates solutions that aim to increase road safety by improving drivers' driving styles. Since 2012, the company's CEO has been Adam Bąkowski. The majority shareholder of Telematics Technologies company is Noble Fund Private Debt Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych with its registered office in Warsaw.
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Impulse VC
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Travel startups

Fund for technological internet companies

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Investment focus

  • Industry: Advertising, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Russian Federation, United States, Germany

Investor stats

  • Total investments: 63
  • Round size: Seed $450k–$4M; Series A $800k–$6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Endel — Personalized soundscapes to help you focus, relax, and sleep. Backed by neuroscience.
  • Abc Doc — Abc Doc is a web-based service that recognizes bureaucratic letters, provides a summary, and suggests next steps.
  • Vecna Robotics — Vecna Robotics is the leading autonomous mobile robot (AMR) company that provides logistics automation and workflow optimization solutions.
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Almaz Capital
VC Fund · Portola Valley, California, United States · 1 investments in Russian Federation Travel startups

Almaz Capital is an international venture capital firm investing in early stage, capital efficient technology companies. A unique bridge fund headquartered in Silicon Valley, Almaz Capital connects Eastern European/former Soviet engineering and entrepreneurial talent to the U.S. market and helps build global businesses. The firm invests inhigh-growth sectors such as artificial intelligence and blockchain applications, data engineering, cybersecurity, industrial IoT, networking architecture and infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development (EBRD), and International Finance Corporation (IFC), a member of the World Bank Group. Founded in 2008, Almaz Capital has invested in over 30 portfolio companies and has had nine exits to date.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Series A, Seed, Series B
  • Geography: United States, Russian Federation, Germany

Investor stats

  • Total investments: 109
  • Round size: Seed $1.1M–$10M; Series A $2M–$21M; Series B $3.1M–$58M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2016

Portfolio highlights

  • Alcatraz AI — The Rock is an all-in-one touchless biometric access control device that combines facial biometrics, AI, and machine learning for top-notch security.
  • Refurbed — Refurbed operates as an online marketplace for refurbished products in the german-speaking world. It sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new andfunction like new. On top of that, each device comes with at least a 12-month guarantee.The company was founded in 2017 and is headquartered in Vienna, Austria.
  • Acumatica — Acumatica Is the Complete Cloud ERP Solution For All Your Business Management Needs Today and In The Future.
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Frontier Ventures
VC Fund · Cupertino, California, United States · 1 investments in Russian Federation Travel startups

Leading early stage venture capital fund in the Silicon Valley. We invest in ground-breaking global Internet and blockchain companies with network effects. Click to submit a deck or learn more.

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Investment focus

  • Industry: Software, Internet, Marketplace
  • Stage:Seed, Series A, Series B
  • Geography: United States, Russian Federation, Canada

Investor stats

  • Total investments: 36
  • Round size: Seed $3M–$25M; Series A $2.7M–$36M; Series B $8.8M–$32M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Ema — Ema is developing next-generation AI technologies to help every employee in the workplace be their most creative and productive. Ema is a seamless, accurate, and secure Enterprise Generative AI system that simplifies complex tasks using enterprise tools.
  • Lendflow — Lendflow provides embedded credit infrastructure solutions to provide brands and lenders the technology to drive the most efficient flow of funds to businesses and people everywhere.
  • OnRamp — Move onboarding projects along faster by putting customers at the center of a simple, guided experience. OnRamp is the customer onboarding platform built for customer success and implementation teams.
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Baring Vostok Capital Partners
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Travel startups

Baring Vostok Capital Partners Limited is a venture capital and private equity firm based in Russia. It invests on early venture, acquisitions, buy-outs, growth capital, later-stage, mid-market, and medium-sized enterprises that operate in sectors such as natural resource extraction, particularly oil and gas; competitive industrial companiesthat operate in local or export markets; mass media and telecommunications; utilities; construction materials; specialty manufacturing; real estate development; residential real estate development; internet; software; retail; and service management. Baring Vostok Capital Partners was founded in 1994 and is based in Moscow, Russia with additional offices in Limassol, Cyprus and Gernsi, Channel Islands.

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Investment focus

  • Industry: Internet, E-Commerce, Software
  • Stage:Private Equity, Series B
  • Geography: Russian Federation, United States, Poland

Investor stats

  • Total investments: 63
  • Round size: Series B $9M–$75M; Private Equity $13M–$200M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Kodland — We teach children a practical skill that will be useful in the future: computer literacy creation of sites and games, programming. Classes are held online, and instead of boring tests, children create real projects.
  • Ozon — leading e-commerce platform in Russia, first russian marketplace
  • EVAA Protocol — The first decentralized lending protocol on TON that lets users lend or borrow assets without going to a centralized intermediary.
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Mangrove Capital Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Russian Federation Travel startups

Mangrove Capital Partners is a contrarian investment firm helping innovative entrepreneurs start and grow.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 153
  • Round size: Seed $675k–$10M; Series A $2.5M–$12M; Series B $8M–$25M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $234M in 2017

Portfolio highlights

  • Edgify — Edgify is a developer of a predictive personalization technology used to analyze a user's photos on their phone. Its technology captures consumers' changing needs, offering predictive accuracy that can be integrated with brands' customer relationship management systems and recommendation platforms that enable clients to get markettargeting capabilities and to capture the ever-changing needs of their consumers.Edgify also develops a distributed yet collaborative framework that enables users to train complete deep-learning and machine-learning models directly on their own edge devices, without the need to transfer any of the data to the cloud. The company's framework gives any edge unit the ability to run Deep Learning and AI training locally, without the need to extract the data to a server or having to pay the network costs of Model building.Edgify was founded in 2015 and is based in London, England, UK.
  • Proggio — Transform your project management with timelines that enhance productivity and clarity. Discover how Proggio AI can help.
  • Titan Operating System
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PULSAR
VC Fund · Kazan, Tatarstan, Russian Federation · 1 investments in Russian Federation Travel startups

Pulsar Venture Capital is an active player of the global venture capital market with a strong network of experts both in Europe, USA, Asia, Latam and worldwide. Besides traditional investments, Pulsar Venture Capital's professional team specializes in accelerating the growth of new high-tech businesses and also works to grow the ventureinfrastructure, especially in developing economies. Pulsar Venture’s approach is based on three sectors: Smart Investment, Growth Consulting and Applied Networking We invest early in start-ups that have immense potential and are looking for the boost that comes from having the first check in the bank; access to a global network of markets, partners and potential customers; and unflagging support from a professional group of investors.

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Investment focus

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

Investor stats

  • Total investments: 54
  • Round size: Seed $65k–$230k; Pre-Seed $60k–$3M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Oyl — Oyl offers customers access to the latest trading tools in a single application. Oyl additionally provides an eponymous browser-based wallet enabling inscription swapping within the wallet.
  • Q Platform — Q Platform is a First globally connected fintech- multi-banking platform in Russia and CIS.Its platform for banks provides access to the whole ecosystem of fintech solutions available on the market with detailed analysis; allowing quick integration and management. The platform for Fintechs allows to enter new markets and works with new audiencesin different countries using interbank distribution model.The company was founded in 2017 and based in Moscow, Russia
  • Woo X — Founded in 2018, high-performance trading workspace. Built by traders for traders. Backed by YZi Labs @yzilabs (Previously Binance Labs) @WOO_X_Japan
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Guard Capital
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Russian Federation Travel startups

Private equity and venture capital fund, specializes in investments in telecom and Internet projects with investment volumes of US$ 2 to 5 million.

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Investment focus

  • Industry: CRM, SaaS, Beauty
  • Stage:Series A, Venture - Series Unknown
  • Geography: Russian Federation

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YCLIENTS — YCLIENTS is an online booking system and appointment scheduling software: online calendar, scheduling system and app, employee scheduling software, erp system and more.
  • Level Travel — Level Travel service for online booking of tours with round the clock customer support.
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Travel VC funding in Russian Federation at a glance

Stats across 21 deals from 23 investors.

23
investors
in Russian Federation Travel startups
21
deals
in Russian Federation Travel startups
$2.2M
median round
in Russian Federation Travel startups
35%
lead investors
lead at least one round
24%
Series B
most common funding stage

Access all 23 VC funds in Russian Federation Travel startups.

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