The Internet Initiatives Development Fund (IIDF) is a Russian venture capital fund. We invest between $100k and $3M in tech companies at early stages, i.e. pre-seed, seed, and series A. We have invested in more than 400 companies. We also run our own acceleration program with more than 800 startups as its alumni. Our mission is to help Russian-speaking entrepreneurs create tech companies and turn them into Global companies that contribute to positive changes and add value to the lives of people around the world. Our goal in working with entrepreneurs is to ensure the team's transition to the state necessary for global business scaling and to help it allocate all the necessary resources to fully unleash its potential.
Round A and B
Sale to strategic investor
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