Venture capital investment in Russia 2022, by funding stage and investor

Even though VC deals volume was the largest at the seed stage, the investment value was reported the highest for the maturity phase over the given period. Namely, startups at that stage of development gathered approximately 50 million U.S. dollars from state funds and corporations in the first half of 2022.

Russian venture capital market

Investments in the venture capital market of Russia are primarily of domestic origin. Although local startups also present themselves as rather attractive for foreign investors. Companies with operations in the IT sector have been consistently receiving the largest share of investments. However, in recent years, biotechnology and medicine fields experienced growing funding flows - decreasing thus, the financing gap between the industries. During the first half of 2020, a total worth of venture capital investments in Russia amounted to approximately 240 million U.S. dollars, being equivalent to nearly 60 percent of total investments value raised the year before.

Venture capital market outlook in Europe

The value of venture capital investments in Europe has been fluctuating throughout 2021, reaching over 31 billion U.S. dollars in the last quarter of the year. Companies from the United Kingdom attracted the highest investment value that year measuring at nearly 35 billion euros. This was more than double the amount raised by German startups, which listed second in the European ranking. Unicorns from Europe operated primarily in the finance, insurance, and transportation sectors.