
Moscow Seed Fund
28A Varshavskoe highway, off. 416-420, Moscow, Moscow City, 117105, Russian Federation
Overview
The Fund for the Promotion of Venture Investment in Small Enterprises in the Scientific and Technical Sphere of Moscow was established by the Department of Entrepreneurship and Innovation Policy of Moscow.
- Total investments
- 7
- Lead investments
- 5
- Investments · 12mo
- 1
- Active investors
- 2
Investment portfolio
- YourTunes
Participated · Debt Financing · Apr 2026
Founded in late 2020 by Dmitriy Koltsov and Mikhail Shorin, YourTunes offers independent artists and labels a subscription-based platform for automated release distribution to streaming services, monetization and promotional tools. The company also develops infrastructure that blends music promotion with gamification to help drive engagement and revenue for creators. YourTunes operates a tiered subscription model that lets artists and labels choose how many releases they publish per month. Reported financials show 21 million rubles in revenue and a 2.8 million ruble net loss for 2024, with revenue growing to 53 million rubles by the end of 2025. Ownership stakes reported via Rusprofile list Koltsov and Shorin with 33.68% each, Andrey Makeev and Roman Loginov with 8.42% each, Malina Ventures and Eduard Adamyan with 6.9% each, and Alexey Markov with 2%.
- CareMyBaby
Led · Equity · Mar 2024
Care my baby operates an online service that offers individual educational sessions for children aged 2–10, including school preparation, speech therapy, drawing, chess, music, English and Chinese. Lessons use gamification, animation and AI to help teachers personalize content for each child. The idea originated during the 2020 pandemic and the company was legally established in 2021 as LLC "Zabota," led by founder and CEO Dmitry Volkov. The team leverages technology to deliver one-on-one remote instruction and has previously received investment from business angel Nikolay Shestakov. According to public records cited in the article, ownership is concentrated with Volkov (78%, part of which is pledged to Moscow Seed Fund), with minority stakes held by Inna Vyalkova (8%), Alexander Panibratsky (8%) and Nikolay Shestakov (6%). The company plans to spend the new funding on staff growth, new IT development, process automation and primarily customer acquisition.
- Vestem
Led · Equity · Jan 2024
Vetstem is a biotechnology company developing veterinary cell-based regenerative therapies and pharmaceutical agents for pets. One of its products, Vezotil, is an analogue combining zolazepam and tiletamine intended to replace imported medicines absent from the Russian market. The company is a resident of Skolkovo and the Moscow Innovation Cluster. Vetstem plans over the next five years to expand its portfolio based on internal developments and to establish its own manufacturing site, including facilities for biological products. It raised 24 million rubles from Moscow Seed Fund and will use the funds to complete preclinical and clinical studies, validate the product at manufacturing sites, and produce initial industrial batches. Co-founders include CEO Alexander Reshetnyev and co-founder Ekaterina Viktorova.
- U2y.Tech
Led · Equity · Dec 2023
U2Y.TECH operates a full-cycle on-demand clothing factory producing garments and printed textiles for brands, designers, bloggers and illustrators. The startup develops its own brands while also partnering with external designers and local labels. Its technology enables real-time order placement to the factory and production via printing on clothing and fabrics. The company says it will use the recent investment to automate business processes. U2Y.TECH was founded in 2021 by Andrey Perepechenkov, Denis Kuzmin and Lidiya Levshina. The legal entity is listed as ООО «Технологии персонализированного производства», and ownership is split among the founders and a corporate investor.
- sBoard
Participated · Equity · Jul 2023
sBoard was founded in 2020 by Andrey Korsakov and Vladimir Gladun as an online board aimed initially at teachers. The platform reported over one million sessions in 2022 and was named among Rusbase's Top 100 promising startups. The product offers collaborative whiteboard functionality and the company is focusing on replacing departed foreign online boards in Russia. sBoard is developing an on‑premise deployment option for large Russian enterprises, installing the product inside a company's perimeter to secure internal data. The startup plans to use the newly raised funds to improve the platform's technical functionality. To date the company has raised a total of ₽40M.
Team
Anton Vishchanenko
Partner
Alexey Kostrov
Executive Director
LinkedIn