Russian Venture Capital Investments Hit Record 285 Billion Rubles in 2025
February 17, 2026 at 10:37 PM756 views
Venture Landscape
Russian venture capital investments reached a record 285 billion rubles in 2025, with domestic funds filling the gap left by departing international investors.
Top Sectors
- Enterprise SaaS: 72 billion rubles (25%)
- Fintech: 57 billion rubles (20%)
- AI/ML: 43 billion rubles (15%)
- EdTech: 34 billion rubles (12%)
- HealthTech: 28 billion rubles (10%)
Notable Deals
- Astra Linux: 18 billion ruble Series C
- MyOffice: 12 billion ruble growth round
- Naumen: 8.5 billion ruble expansion capital
The Russian Venture Company (RVC) deployed 45 billion rubles through its fund-of-funds program, catalyzing an additional 120 billion in private capital.
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