Internet Initiatives Development Fund - aVenture Asset Manager Research
Location
Moscow, RU
Founded
2013
Internet Initiatives Development Fund (IIDF) is a Russian venture capital firm that focuses on early-stage tech startups, primarily in Russia and Europe. The fund targets a diverse range of sectors including Retail, Cybersecurity, Adtech, Edutech, Internet of Things, Fintech, Digital Healthcare, Media, Productivity Tools, Big Data, Lifestyle, and Cloud. IIDF typically invests in pre-seed, seed, and Series A rounds, with investment sizes varying from $40,000 to over $15 million.
IIDF's notable portfolio companies include Playkey, which has raised over $336 million, and Stafory (Robot Vera), with $228 million in funding. Other significant investments include Qapsula ($15 million) and Convead ($2.1 million). The fund is led by key partners who bring extensive experience from various tech sectors. IIDF also offers value-added services such as an acceleration program to help startups scale efficiently. Their investment philosophy emphasizes supporting innovative tech solutions with high growth potential in both local and international markets.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
