“IIDF stands for Internet Initiatives Development Fund. According to Dow Jones, we are the most active early-stage venture fund in Russia and Europe. We have $100M (6bn RUB) under management. Since 2013 IIDF has closed more than 370 deals ranging from $20k to $5.5M. Our investment activity accounts for more than 100 IT startup deals each year, which is 80% of Russian early-stage venture capital market.”
