Top 10 Travel VC Funds &amp; Investors in Russian Federation (June 2026)

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

Investment focus

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

Investor stats

Total investments: 146
Round size: Seed $675k–$9.5M; Series A $2.5M–$12M; Series B $8M–$25M
Lead/follow: 39% lead, 61% follow
Last fund: May invest from a new fund soon — raised $234M in 2017

Portfolio highlights

WalkMe — Using technology should be the way we overcome challenges, not the challenge itself.
Sifflet — You make important business decision based on your data. Sifflet ensures the data is reliable, traceable and easy to navigate.
Lightico — AI Intelligent Document Processing, IDP, ID Verification, KYC and Compliant Customer Journeys for Banks, Auto Finance, Telecoms.

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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.

Investment focus

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

Investor stats

Total investments: 108
Round size: Seed $1.1M–$7.2M; Series A $2M–$21M; Series B $2.8M–$58M
Lead/follow: 48% lead, 52% follow
Last fund: May invest from a new fund soon — raised $300M in 2016

Portfolio highlights

NFWare — The World's Fastest Network Functions Virtualization. High-Performance NFV applications for carriers, data centers and enterprises
Acumatica — Acumatica Is the Complete Cloud ERP Solution For All Your Business Management Needs Today and In The Future.
StarWind Software — StarWind delivers Software-Defined Storage solutions, HyperConverged and Storage Appliances designed to build highly resilient IT infrastructures.

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Pulsar Venture Capital, a business acceleration program, offers financing and mentorship to clean tech, robotics, and electronics startups.

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 $52k–$230k; Pre-Seed $52k–$3M
Lead/follow: 20% lead, 80% follow

Portfolio highlights

Oyl — Trade Alkanes tokens, swap on Bitcoin Layer 1, and access DeFi directly on Bitcoin. Non-custodial wallet optimized for Bitcoin smart contracts.
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 — Woo X is a high-performance crypto trading platform.

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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.

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

iZettle — iZettle is reinventing technologies and banking services that help small-business owners live better, work less and earn more. Based in Stockholm, the financial technology company revolutionized mobile payments in 2010 with the world’s first mini chip card reader and software for mobile devices. Today, small-business owners around the world useiZettle’s powerfully simple services to improve the speed and ease of payments at checkout, business management, sales analytics, customer engagement, and funding
Allegro — Allegro provides a safe shopping platform for a computer, tablet, and smartphone. It owns and operates online auction portals. The company is based in Poznan, Poland. Allegro Group operates as a subsidiary of MIH Internet Europe.
Auctionata — Auctionata | Paddle8 is an online auction platform specializing in art and luxury collectibles. As of February 29, 2017, Auctionata has announced it has ceased operations, declaring insolvency. The company had offices in Berlin, New York, London, Los Angeles, Rome, Zurich, and Madrid. Following the conclusion of its preliminary insolvencyproceedings on February 28, 2017, Auctionata Paddle8 AG ceased its German operations. The subsidiaries Paddle8 in the US and Value-my-Stuff in the UK were sold and continue to operate.

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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.

Investment focus

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

Investor stats

Total investments: 30
Round size: Seed $3M–$25M; Series B $8.8M–$32M
Lead/follow: 7% lead, 93% 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.
Overalls — Overalls is an insurance platform company.
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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Fund for technological internet companies

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

Investment focus

Industry: Software, SaaS, Financial Services
Stage:Series A, Seed, Series B
Geography: United States, Germany, France

Investor stats

Total investments: 147
Round size: Seed $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

getquin — Check out a getquin investor portfolio, its positions, dividends and real-time performance.
Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.

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

Investment focus

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

Investor stats

Total investments: 190
Round size: Seed $1.2M–$5.8M; Series A $3.8M–$18M; Series B $5.6M–$69M
Lead/follow: 34% lead, 66% follow
Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

Crobox — Crobox's next generation guided selling solution humanizes your product data and discovery experience with product finders and product data enrichment.
Antidot — Antidot is a software vendor that leverages 20 years of advanced research in semantic search and content enrichment to develop its content delivery platform (CDP). The company’s products multiply the value of content by delivering dynamic information in a personalized and contextualized form. Antidot helps more than 150 customers around the worldimprove their operational efficiency.
Custom Surgical — Custom Surgical is democratizing hardware and software to record microscope procedures easily and quickly without any professional engineer to attach or cables to share live.

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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.

Investment focus

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

Investor stats

Total investments: 61
Round size: Series B $9M–$75M; Private Equity $13M–$200M
Lead/follow: 46% lead, 54% follow

Portfolio highlights

Yandex — Yandex is a multinational technology company that provides internet-related services and operates a search engine platform in Russia. It is one of the largest internet companies in Europe, operating Russia’s most popular search engine and its most visited website.According to LiveInternet, for the three months ended September 30, 2015, theygenerated 57.1% of all search traffic in Russia. They also operate in Ukraine, Kazakhstan, Belarus, and Turkey.
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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