... identified include: High Technologies and IT Sector. Following the President's directive, a special IPO regime for high-tech companies in priority industries is planned. This could involve software developers, digital platforms, advanced manufacturing, and biotechnology. Potential issuers may include large private fintech companies and internet giants (e.g., Ozon, Yandex, Tinkoff), provided the political conditions allow for their stock offerings. Financial Sector and Investment Funds. The listing of additional ...

... as growth drivers and commanding high multiples. Beyond AI: Biotech, Climate Technologies, and Other Sectors Although the hype surrounding AI dominates the headlines, venture financing in 2025 covers a much broader range of industries. Projects in biotechnology , medtech , climate technologies , and industrial software are regaining prominence. In the US and Asia, significant deals focusing on "green" agendas are being recorded: investors are pouring funds into startups aimed at reducing ...

... new funding records (around €290 million in the first half of 2025), while the American startup Commonwealth Fusion Systems secured about $1 billion for further developments. Biotech and Medtech: Significant rounds are taking place in the field of biotechnology and medical startups. Platforms seeking drugs using AI, genetic technologies, and other medtech projects are again attracting substantial capital. For instance, the biomedical company Altos Labs continues to raise hundreds of millions of ...

... record venture funds and increasing investments, once again filling the market with "big money" and enhancing risk appetite. Sector Diversification of Investments. Capital is being directed not only to AI but also to fintech, climate projects, biotechnology, defense developments, and even the crypto sector, broadening market horizons. Consolidation and M&A Deals. A wave of major mergers and acquisitions is reshaping the industry landscape, creating new opportunities for exits and consolidating ...

... are forming record venture funds and increasing investments, reinvigorating the market with capital and enhancing risk appetite. Diversification of sectoral focus. Venture capital is being directed not only to AI but also to fintech, climate projects, biotechnology, defense developments, and even crypto startups, expanding market horizons. Wave of consolidation and M&A deals. Major mergers, acquisitions, and strategic investments are reshaping the industry's landscape, opening up new opportunities ...