The Russian venture market, which barely reached $700 million in 2020, could double this year, if judging by the performance of the first semester. Since it started to emerge in the nineties, this market experienced periods of growth, followed by crisis shocks which threw it down repeatedly.
Alexey Solovyov, a figure of the Russian venture scene and a co-founder of six startups, recounts Russia’s VC history — from the first attempts to create such funding mechanisms in the mid 1990s, to the emergence of the first Russian tech giants in the early 2000s, to the highs and lows of the last decade.
Amid market breakthroughs and geopolitical crises: 20 years of venture capitalism in RussiaRead More
Topics:
Analysis, Finance, People, Venture / Private equity
