... become significant players. Tech giants (Google, Microsoft, Salesforce, Alibaba, Samsung, etc.) regularly invest in startups, acquiring minority stakes. This is mutually beneficial: startups receive funds and resources, while corporations gain access to innovations. In 2022–2023, amid a downturn in traditional VC, the share of corporate venture capital grew—corporate funds remained more stable and continued financing deals, even as some hedge funds and later-stage investors exited the market. In the U.S., corporate investors participated in approximately 56% of venture deals (according to NVCA), and 40% in Europe. Their presence is particularly noticeable ...

... positively to its performance and prospects. This inspires other fintech unicorns (such as payment platforms and neobanks ) to ramp up preparation for public offerings. Fintech's return to focus among venture funds is driven by a growing demand for innovations in finance: companies offering businesses and consumers more efficient financial tools—from accounting automation to low-cost cross-border payments—are once again seen as growth drivers and commanding high multiples. Beyond AI: Biotech, Climate Technologies,...

... to Innovations. A state fund (also known as the Bortnik Fund), which provides grants to small technology companies and scientists. The fund's programs - "UMNIK", "Start", "Development" and others - provide non-repayable financing at the early stage of innovation development. For a startup, a grant is a way to get money without selling a share, and for an investor, grant support reduces risks (the company becomes more mature without being diluted). Indirectly, this also stimulates venture investments ...

... companies developing advanced healthcare solutions is also growing. For example, the French project Nabla attracted $70 million to develop an AI assistant for doctors, and the Swiss-American company Mosanna Therapeutics received $80 million to create an innovative spray against sleep apnea. In general, the health and eco-technologies sectors are gradually catching up with IT in terms of venture financing. Cryptocurrencies: signs of renewed interest After a protracted decline, the digital asset market is starting to revive, which is reflected in venture investments. Regulators are gradually legalizing new instruments: on June 18, trading in the ...

... liquidity and open doors for new major players. Of course, banking supervision will need to develop specific risk management requirements—from volatility to cybersecurity—so that integration occurs without shocks to the financial system. Decentralized Finance Under the Supervision of Innovation Regulators also intend to take a measured approach to decentralized finance (DeFi). It is proposed to consider the specifics of DeFi protocols and not block technological experiments, allowing new forms of financial services to develop under ...