MIR

Profile

The Joint Stock Company 'Modernization Innovation Development' (AO MIR) is an investment firm based in Moscow, Russia. Founded in 2010, it focuses on selecting small and medium-sized enterprises (SMEs) implementing innovations and modernization for subsequent financing via mutual funds under its management. The company's primary aim is to support domestic innovative and modernization-focused enterprises by making direct investments into their share capital and providing investment loans to further capitalize projects. AO MIR's team has developed robust competencies in traditional and medium-tech industries.

AO MIR prioritizes investments in sectors such as mechanical engineering, biotechnology, ecology, information technology, robotics, pharmaceuticals and healthcare, aviation, critical technologies, and automotive engineering. Though specific check sizes and stages are not detailed, the firm's focus indicates investment strategies that might align with small to medium enterprises in need of growth capital. Although total Assets Under Management (AUM) and specific investment fund details are not disclosed, the firm seems engaged in handling multiple mutual funds as per their licensing details.

Currently, the company does not list specific portfolio companies publicly, focusing instead on maintaining a network of partnerships and investment support that facilitates modernization and innovative growth within Russia. AO MIR also plans to participate in crowdfunding projects for state procurement participants, expanding their involvement in public sector initiatives.