Internet Initiatives Development Fund

The Internet Initiatives Development Fund (IIDF) is a Russian government-backed venture capital fund and accelerator, established in 2013. IIDF focuses on investing in early-stage IT and technology companies, offering funding, mentorship, and comprehensive acceleration programs. With over 450 portfolio companies and more than 4 billion rubles invested, IIDF has a significant track record, including over 50 exits. The fund actively supports its portfolio companies in their growth and international expansion efforts, aiming to stimulate the development of the venture capital ecosystem in Russia.