The number of transactions in the Russian venture capital market has dropped, but the volume of investments has increased.

icon
09:40; 09 September 2025 year
сгенерировано ИИ

© сгенерировано ИИ

In the first half of 2025, the Russian venture capital market showed contradictory dynamics:The number of deals decreased by 27% (to 54), but the volume of investments increased by 86% to $78 million.The average check increased to $1.4 million/p> The main areas of investment were industry - $25.8 million (one third of all investments), healthcare - $18 million, and corporate software - $7 million/p> The largest deals were concluded by RDIF, investing $13 million in Medical Vision Systems and the Voskhod Fund, investing $12 million in New Diamond Technology.

The investor structure has also changed. The share of business angels fell from 48% to 7%, private funds took 51.2%, and state funds about 18%.