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The Venture Codex

Overview

Sovereign wealth fund making direct investments in Russian companies.

Founded

2011

Deals · 12mo

0

Stage focus

—

Geographic focus

India
Italy
Russian Federation

Sector focus

—

Investment portfolio

7rounds
NAMEDATESIZE
IXcellerate
Jan 2022Participated
$190 MOther Equity
Borzo
Aug 2021Participated
$35 MSeries C
ivi
May 2021Participated
$250 MSeries D
Tau
Feb 2021Participated
$8 MSeries A
NTechLab
Sep 2020Led
$13 MOther Equity
ivi
Jun 2019Participated
$40 MOther Equity
MAYKOR
Aug 2013Participated
$100 MOther Equity
IXcellerate
Jan 2022Participated
$190 MOther Equity
Borzo
Aug 2021Participated
$35 MSeries C
ivi
May 2021Participated
$250 MSeries D
Tau
Feb 2021Participated
$8 MSeries A
NTechLab
Sep 2020Led
$13 MOther Equity
ivi
Jun 2019Participated
$40 MOther Equity
MAYKOR
Aug 2013Participated
$100 MOther Equity
7
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Deal Distribution

Russian Direct Investment Fund: 7 funding rounds are recorded in the selected participation categories.All available history.
Russian Direct Investment Fund: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series C+02
Other Equity13

Monthly Deal Activity

Russian Direct Investment Fund: 7 deals are recorded across 159 months.All available history.
Russian Direct Investment Fund: 7 deals are recorded across 159 months. All available history
MonthDeals
Aug '131
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '211
Sep '210
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Russian Direct Investment Fund: Professional Services is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Russian Direct Investment Fund: Professional Services is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Professional Services3
Networks, Cloud & Communication2
Media & Entertainment2
Cybersecurity & Privacy2
Hardware & Robotics1
E-Commerce & Retail1
AI & Machine Learning1
Data, Analytics & IT1
Space & Frontier Tech1
Transportation & Logistics1

Deal Size Distribution

Russian Direct Investment Fund: 7 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Russian Direct Investment Fund: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M1
$25M-$50M2
$50M-$100M0
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Russian Direct Investment Fund: Russian Federation has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Russian Direct Investment Fund: Russian Federation has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Russian Federation5
Europe1
India1
Russian Direct Investment Fund: 13 co-investors are shown, with Flashpoint sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Russian Direct Investment Fund: 13 co-investors are shown, with Flashpoint sharing 3 recorded deals. All available history
Co-investorShared deals
Flashpoint3
Mubadala Investment Company3
Baring Vostok2
Altana1
CapMan1
European Bank for Reconstruction and Development1
Invest AG1
Millhouse1
RTP Global1
SberInvest1
VNV Global1
VTB1
Winter Capital1

Investment Strategy

Russian Direct Investment Fund: Led accounts for 14% and participating for 86% of round participation.All available history.
Russian Direct Investment Fund: Led accounts for 14% and participating for 86% of round participation. All available history
CategoryDeals (count)Share (%)
Led114%
Participating686%
Russian Direct Investment Fund: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Russian Direct Investment Fund: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Kirill Dmitriev

Chief Executive Officer