The highest number of venture capital deals in Russia from January to June 2020 was made with companies placed at the expansion stage, which already had a product placed on the market, measuring at 35 agreements. Moreover, the total value of investment in them was higher than for all other stages combined.
Number of venture capital deals in Russia in 1st half of 2020, by company's development stage
The stages were defined as follows:
Seed stage: a company has a concept and a product idea, but no product; a work on the prototype is in progress.
Startup stage: a company has a pilot version of a product or the first version for demonstration; a testing is in progress.
Early stage: a company's product is ready to enter the market; a testing of demand is in progress.
Expansion stage: a product is accepted by the market; a high growth of sales and demand is observed.
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PwC. (December 9, 2020). Number of venture capital deals in Russia in 1st half of 2020, by company's development stage [Graph]. In Statista. Retrieved August 09, 2022, from https://www.statista.com/statistics/1062166/number-venture-capital-deals-by-stage-in-russia/
PwC. "Number of venture capital deals in Russia in 1st half of 2020, by company's development stage." Chart. December 9, 2020. Statista. Accessed August 09, 2022. https://www.statista.com/statistics/1062166/number-venture-capital-deals-by-stage-in-russia/
PwC. (2020). Number of venture capital deals in Russia in 1st half of 2020, by company's development stage. Statista. Statista Inc.. Accessed: August 09, 2022. https://www.statista.com/statistics/1062166/number-venture-capital-deals-by-stage-in-russia/
PwC. "Number of Venture Capital Deals in Russia in 1st Half of 2020, by Company's Development Stage." Statista, Statista Inc., 9 Dec 2020, https://www.statista.com/statistics/1062166/number-venture-capital-deals-by-stage-in-russia/
PwC, Number of venture capital deals in Russia in 1st half of 2020, by company's development stage Statista, https://www.statista.com/statistics/1062166/number-venture-capital-deals-by-stage-in-russia/ (last visited August 09, 2022)
