... financing industrial startups (robotics, digital twins), major IT holdings are launching accelerators for B2B SaaS solutions, and venture divisions of banks are investing in local fintech and regtech products. Simultaneously, an increasing number of Russian teams are seeking growth beyond their borders. Some startups are pivoting towards neighboring markets or the Middle East, where investor interest is higher. Companies from Kazakhstan, Uzbekistan, and Belarus are attracting capital from Middle Eastern, Chinese, and European funds, acting as "bridges" between ecosystems. Within Russia, deal sizes remain modest (rarely ...

... financial inflows into the sector. Although the absolute volumes of venture investments in the region remain modest, they are growing steadily. According to the Russian Venture Company (RVC), in the first half of 2025, about $80 million was invested in Russian tech startups—approximately 70% more than a year earlier (but still a fraction of the global market). Local investors are focusing on projects in the fields of artificial intelligence, import substitution, cybersecurity, and B2B services. Gradually, a new wave of tech entrepreneurs is forming capable of building businesses in challenging conditions. The regional ...

... these factors indicates that sharp fluctuations in the currency market are not anticipated: the ruble is likely to continue moving within the established range, responding mainly to external shocks and energy prices. Russian Stock Market: Prospects for Investors The Russian stock market ended the previous week with no significant changes. A sharp drop in global markets on Friday amidst trade conflicts and weak data from the US created a negative backdrop. However, high commodity prices and expectations for robust ...

... living space, relocating to a more developed area, or moving closer to work and educational institutions. 6. Investment Interest in Real Estate For those viewing real estate as an investment, high demand for mortgages remains relevant. According to the Russian Guild of Realtors, interest in new builds among private investors rose by 22% in 2024. Real estate in Russia continues to be a popular asset, protecting capital from inflation, which particularly attracts investors during periods of unstable currency exchange rates and heightened inflation. My Comment as the ...

... Russian projects. Significant deals are also occurring in the local market: Krasnodar foodtech startup Qummy raised 440 million rubles at a valuation of around 2.4 billion rubles and announced plans for an IPO in the coming years. In 2025, foreign investors were again officially allowed to participate in transactions with Russian tech companies, opening the door for an influx of foreign capital (primarily from friendly countries). Although the absolute volumes of venture investments in the region remain modest, they are steadily increasing. According to the Russian Venture ...