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IN COOPERATION WITH
Russian Venture Capital
Market Overview
1H 2015
IN COOPERATION WITH
Contents
2
Greeting 3
About RMG Partners 4
Two-Minute Tour of the Russian Venture Capital
Market 5
Key...
IN COOPERATION WITH
Dear Colleagues,
We are pleased to present out latest regular report. As autumn moves on toward the Ne...
IN COOPERATION WITH
About RMG Partners
RMG Partners is an independent Russian investment company. In 20 years
of work the ...
IN COOPERATION WITH
Two-Minute Tour of the Russian
Venture Capital Market
Seed
Start-up
Growth
Expansion
Total
Transaction...
IN COOPERATION WITH
Key Findings
The Russian venture capital market shrank by one third y-o-y
during 1H2015 in absolute in...
IN COOPERATION WITH
VC Market Overview
7
Source: RMG partners
158
222
385
142 151 139 165 197
262
193 221 213
78 93
101 90...
IN COOPERATION WITH
Exits and Large Deals
8
Source: RMG partners
272 161
184
0
200
400
600
1H2014 1H2015
Investments, $M
B...
IN COOPERATION WITH
Market Structure: Stages
9
45
22
7
1
29
15
5 3
61
22
4
7
98
14
8 6
1
85
22
10
2 2
47
17 18
12
73
22
7
...
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6 4
23 25
51
82
36
0
5,0
00
20
40
60
80
100
120
1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H201...
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Market structure: Investors
11
Private funds still dominant in 1H2015
Источник: RMG partners
0
20
40
6...
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Market Structure: Segments
12
Source: RMG partners
161
Biotech
Hardware
Industrial tech
Other tech
Oth...
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Enterprise
management
systems
0,2%
Marketing and
advertising
40,1%
Other business
software
38,0%
Platf...
IN COOPERATION WITH
Content providers
15%
E-commerce
61%
Education
5%
Games
5%
Search and
recommendations
6%
Social media
...
IN COOPERATION WITH
Venture Fund Survey
15
As shown by the survey of active venture funds, 1H2015 brought no good news for...
IN COOPERATION WITH
Methodology
Methods used in this research are based on
recommendations developed by the Russian Ventur...
IN COOPERATION WITH
List of Deals in 1H2015
17
IN COOPERATION WITH
№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
developme
nt stage
Investment
round
...
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№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
developme
nt stage
Investme
nt round...
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№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
developme
nt stage
Investme
nt round...
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№
Deal
date
Project Investor Investor type
Deal
value,
$M
Company
developme
nt stage
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nt round...
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№
Dea
l
dat
e
Project Investor Investor type
Deal
value,
$M
Company
developme
nt stage
Investme
nt rou...
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№
Deal
date
Project Investor
Investor
type
Deal
value, $M
Company
development
stage
Invest
ment
round
...
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№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
development
stage
Investm
ent
round
...
IN COOPERATION WITH
№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
development
stage
Investm
ent
round
...
IN COOPERATION WITH
№
Deal
date
Project Investor
Investor
type
Deal
value,
$M
Company
development
stage
Investment
round
S...
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Calendar of Events 2015
27
IN COOPERATION WITH
Event Calendar: January
28
Event City Date Organizer
Institutional modernization of
Russia - what is r...
IN COOPERATION WITH
Event Calendar: February
29
Event City Date Organizer
Summit on the information
society
Abu Dhabi 1-3 ...
IN COOPERATION WITH
30
Event Calendar: February
Event City Date Organizer
Belarus Startup 2015 Minsk 21 The Ministry of Ed...
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31
Event City Date Organizer
Conference Internet of things Moscow 12 Smile Expo
Connected Car Conferen...
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32
Event Calendar: March
Event City Date Organizer
International Powerline forum
Rugrids-Electro*
Mosc...
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Event Calendar: April
33
Event City Date Organizer
Russian Startup Tour* Vladivostok 2 Skolkovo Founda...
IN COOPERATION WITH
34
Event Calendar: April
Event City Date Organizer
Taxation of oil companies Moscow 17 Russian Busines...
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Event Calendar: April
35
Event City Date Organizer
Mobile Show Asia 2015 Singapore 22-23 terrapinn
DEM...
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36
Event City Date Organizer
TechCrunch Disrupt New York 4-6 TechCrunch
World Economic Forum on Latin
...
IN COOPERATION WITH
Event Calendar: May
37
Event City Date Organizer
Investfunds Forum VI – Institutional
Investors Confer...
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Event Calendar: June
38
Event City Date Organizer
Infosecurity Europe 2015* London 2 Reed Exhibitions
...
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Event Calendar: June
39
Event City Date Organizer
Festival FUTUR EN in Paris – the
sixth fascicle
Pari...
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40
Event Calendar: June
Event City Date Organizer
Regional session of practical
consulting
Arkhangelsk...
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Event Calendar: July
41
Event City Date Organizer
Regional session of practical
consulting
Velikiy Nov...
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42
Event Calendar: August
Event City Date Organizer
IT SUMMER Barnaul 1 RVC
Ready for Equity Weekend K...
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Event Calendar: September
43
Event City Date Organizer
RIF* Ulyanovsk 4 The Internet Initiatives Devel...
IN COOPERATION WITH
44
Event City Date Organizer
International investment forum,
Sochi-2015
Sochi 17-20 The Government of ...
IN COOPERATION WITH
45
Event City Date Organizer
Wearable Tech Moscow 25 Smile Expo
Droidcon Moscow 2015 Moscow 25 Apps4Al...
IN COOPERATION WITH
Event Calendar: October
46
Event City Date Organizer
Big data 2015 Moscow 1 CNews Conferences
Playgrou...
IN COOPERATION WITH
47
Event City Date Organizer
II Russian-Finnish Symposium ,
current trends in drug
development*
St. Pe...
IN COOPERATION WITH
Event Calendar: November
Event City Date Organizer
Wealth Innovation Forum
Geneva*
Geneva 1 CIS Wealth...
IN COOPERATION WITH
49
Event Calendar: December
Event City Date Organizer
Video conference: experience,
technologies, pros...
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Contacts
We are very interested in the opinion of our readers, so if you are an investor, a venture en...
IN COOPERATION WITH
51
Any information and opinions contained in this analytical document (hereinafter – the “Analytical M...
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Russian Venture Capital Market Overview 1H2015

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Russian Venture Capital Market Overview 1H2015

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Russian Venture Capital Market Overview 1H2015

  1. 1. IN COOPERATION WITH Russian Venture Capital Market Overview 1H 2015
  2. 2. IN COOPERATION WITH Contents 2 Greeting 3 About RMG Partners 4 Two-Minute Tour of the Russian Venture Capital Market 5 Key Findings 6 VC Market Overview 7 Exits and Large Deals 8 Market Structure 9 Soft / Internet - B2B 13 Soft / Internet - B2C 14 Venture Fund Survey 15 Methodology 16 Deal List for 1H2015 17 Calendar of Events 2015 27 Contacts 50
  3. 3. IN COOPERATION WITH Dear Colleagues, We are pleased to present out latest regular report. As autumn moves on toward the New Year I can say with confidence that the Russian venture capital market is in a better place than most sectors of the Russian economy, though it has not yet returned to growth. Positive signs include a substantial commitment by government to support early-stage projects. In particular, the Generation S accelerator is selecting projects right across Russia and putting them in touch with strategic customers. Another interesting development is the appearance of interest in the venture industry from top and middle managers of the non-technology corporate sector, who are seeing venture investments as an alternative to (currently depressed) real estate as an object for investment of their company’s spare cash. Nobody doubts that technologies have penetrated or will penetrate almost every sector of the economy. This means that investments in venture projects make sense both for private investors and also for corporations. The latter may view such investments as purely financial or may be in search of new technologies that can update their business. This appearance of corporate venture capital funds clearly shows that corporations have grasped the importance of technologies developed out-of-house for the future of their main business. Large corporations in many different sectors have now launched their own accelerators or opened venture investment divisions, from OMZ in metallurgy to NPO Saturn in the aerospace industry, Alfa-Bank in finance, and Inter RAO and Rosatom in the energy sector. However, the jury is still out as regards efficiency of these initiatives. We will follow trades and exits from portfolio companies by new corporate funds and accelerators. As usual our regular report contains new opinions and interviews by market experts as well as main indicators for the venture capital industry. I will be very glad to receive your comments, remarks and suggestions on the Report. Please send an e-mail to arseniy.dabbakh@rmg-partners.ru. Arseniy Dabbakh Chief Executive Officer RMG Partners 3 Greeting
  4. 4. IN COOPERATION WITH About RMG Partners RMG Partners is an independent Russian investment company. In 20 years of work the Company has built an impeccable reputation among clients and professional market players as a reliable partner. RMG Partners provides Russian and foreign companies with a wide range of services in the field of venture capital investments: - search for promising target assets; - capital raising, including government or private offerings; - search for strategic investors and support to M&A deals; - support for venture projects, including strategy development and steps to boost capital-raising potential; - recommendations on deal structure and financing methods. Analysis and discussion of deal terms and conditions, as well as due diligence. RMG Partners is an active member of the National Association of Alternative Investors (NAURAN). NAURAN is a non-profit partnership created to draw attention to the market of direct and venture capital investments in Russia, to form a favorable legal environment, to assist in fund raising and promote the Russian investment market on the international scene. Other members of NAURAN include: 4
  5. 5. IN COOPERATION WITH Two-Minute Tour of the Russian Venture Capital Market Seed Start-up Growth Expansion Total Transaction numbers Investment value, $M Average deal amount, $M Investor structure 106 132 65.4 27.4 0.6 0.21 56 39 41.8 52.5 0.8 1.35 6 28 7.3 60.4 1.2 2.2 10 14 46.8 99.8 4.7 7.13 178 215 161 272 0.9 1.3 1H2015 1H2014 2 20Exits 9.5 184 Private State Corporation PPP Business angel 5 Maturity 0 2 0 32 0 16
  6. 6. IN COOPERATION WITH Key Findings The Russian venture capital market shrank by one third y-o-y during 1H2015 in absolute investment amounts (USD). Deal numbers were down by over a quarter. The only growth of deal numbers was for start-up projects (with measurable results in terms of product/service marketing). The most active investors over the period were state funds, private funds and business angels (the latter investing either alone or as a part of a syndicate). There were only two reported exits from projects (Sapato and PayOnline) in 1H2015. There were only handful of active players left on the Russian non-state VC market by the end of the first half. At the end of June 2015 no more than 10 private funds were ready to invest in local projects and around 3-4 funds were ready to consider investment. Investors still give preference to B2C projects and the classic IT and telecom segments. 6
  7. 7. IN COOPERATION WITH VC Market Overview 7 Source: RMG partners 158 222 385 142 151 139 165 197 262 193 221 213 78 93 101 90 86 97 73 53 101 129 134 101 116 110 90 90 0 50 100 150 - 100 200 300 400 500 1Q 2012 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 Value, $M (left axis) Number of deals (right axis) In this highly challenging year for the Russian innovation industry, those investors who stay committed to the local market have become very selective in their choice of both early-stage and relatively mature projects. Investors are making tougher demands on make-up of the project team, which must include businessmen who push product/service marketing from the outset, and they are also insisting on a definite development horizon and proven business model. But this more cautious approach has not averted failures: there was a spate of delays and closures of start-ups in the first half (Boomy, Mamagazin, Sotmarket, Molotok.ru, Completing, Chooos, MyRooms and Witget, to name but a few). Ruble decline added to the woes of investors in local projects, who saw their assets lose 30-50% of their value for this reason alone. However, investment amounts per project were almost changed y-o-y in 1H2015. This was because ruble devaluation was offset by growth of investments in ruble terms. Investments in early-stage projects were between $25,000 and $100,000 (1.5 to 7-8 million rubles) and took equity stakes between 7% and 30% on average, according to our findings. Over-valuations of early-stage startups have disappeared in the new harsher environment. There were only 16 investments in Russian projects at the expansion and growth stage in 1H2015. The strong preference for (relatively inexpensive) start-ups and for projects abroad reflects the overall cooling of interest in the Russian innovation market this year.
  8. 8. IN COOPERATION WITH Exits and Large Deals 8 Source: RMG partners 272 161 184 0 200 400 600 1H2014 1H2015 Investments, $M Base market Exits There were almost no exits from projects by Russian investors in 1H2015 and this is explained by devaluation of assets. Negative sentiment, which dominated since the summer of 2014, led many investment funds to cease portfolio expansion, and funds that offered assets on the market had to accept sales at knock-down prices to non-specialized buyers. Successful M&A operations were limited in number (Ozon.ru-Sapato-KupiVIP, Payonline-SD Ventures-NetElement). As investors focused on limiting losses and saving their reputation, “exotic" (for Russia) investment schemes such as Media4Equity (Prostor Capital), sweat money (MetaBeta, The Founder Institute), etc. disappeared from the scene. “We have taken a tougher approach to rating of Russian start-ups, ruble revenue has become much less attractive due to the unpredictable exchange rate and low liquidity of these companies. But, we are still investing in Russian companies that earn dollars. We focus on technological innovation – management innovation is not particularly interesting to us. We are ready to take risks, but not at the seed stage. The Fund monitors firms emerging from foreign accelerators (Y Combinator, TechStars , etc.) and, in Russia, from the IIDF (Internet Initiative Development Fund). Konstantin Vinogradov, Investment manager, Runa Capital
  9. 9. IN COOPERATION WITH Market Structure: Stages 9 45 22 7 1 29 15 5 3 61 22 4 7 98 14 8 6 1 85 22 10 2 2 47 17 18 12 73 22 7 10 66 21 13 5 38 42 3 6 0 68 14 3 4 0 Seed Start Up Growth Expansion Maturity Number of venture deals by development stages 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 Source: RMG partners Most investments in 1H2015 were made by government funds, private funds and business angels operating either alone or in syndicates. At the end of June 2015 only 10 private funds were ready to invest in local projects and about 3- 4 more would consider investing (according to findings of the survey by RMG Partners among active venture investors). Other non-government investors either refocused on Western markets or suspended their activity indefinitely. This left the field open to government, which has broadened the range of subsidies and grants to innovative start-ups, doubling overall funding through the “Start” and "Development" programmes and removing limits on the number of applications from one company (this applies to micro grants from the Skolkovo Foundation). However, the government is now imposing more restrictions on funding applicants. Criteria include location of intellectual property, biography and employment history of participants, letters of support from other government agencies, specific forms of contract reporting, non-government co-funding, etc. The recent market traumas have brought changes in the management teams of government funds and development institutions (the Skolkovo Foundation, Ingria, Kazan IT-Park, Moscow IDC) and also of private funds (Life Sreda, QIWI Venture, Flint Capital).
  10. 10. IN COOPERATION WITH 6 4 23 25 51 82 36 0 5,0 00 20 40 60 80 100 120 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 Private Funds Gvt. Funds Corporations PPP Business Angels 60.4 Maturity Investor types at development stages, $M Source: RMG partners Seed Start Up Growth Expansion 27.4 64.8 52.5 41.8 7.3 99.8 46.8 32 10 Market Structure: Stages Private investors kept their focus on software, Internet (B2B and B2C) and other IT in 1H2015, mainly because it is easier to agree terms with such projects (thanks to new legislation concerning deal structuring). Industrial technologies and bio-technologies remained less popular overall and were of interest only to institutional investors (including corporates). Corporates that need innovation inputs for their own business often lack knowledge and contacts to find providers and government is trying to meet this need by organizing national contests (Generation Start as part of the START programme of the Support Fund; WebReady organized by the Skolkovo Foundation). Innovation companies that take part in such contests obtain preference for subsidies, grants and residency at innovation centers. Prize money is provided entirely by government. “We have almost completely stopped investing in Russian projects and have started investing in Silicon Valley. That means that we have stopped making pre-seed investments and focused on the seed and round A stages. The average valuation of companies has increased because they are at a later stage and the size of the rounds has increased. But our average investment has not changed, or has even decreased a little, enabling us to diversify more. I see that the number of projects, which work for export or migrate, is increasing, and there is growing interest from Russian investors in venture capital investment as a way of taking money out of the country legally.” Pavel Cherkashin, Business Angel, Vestor.In partner
  11. 11. IN COOPERATION WITH Market structure: Investors 11 Private funds still dominant in 1H2015 Источник: RMG partners 0 20 40 60 80 100 120 Seed A B C+ Exit VC investments by round, 1H2015, $M Business angels Corporations Gvt. funds Private funds PPP Source: RMG partners $M, without exits - 10,00 20,00 30,00 40,00 50,00 60,00 70,00 80,00 PPP Private funds Gvt. funds Corporations Business angels Biotech Industrial tech Other tech Computer equipment Soft and Internet B2B Other IT Soft and Internet B2C Demand for Russian projects focused on the local market had decreased sharply by the end of 1H2015. Investors (other than state development institutions) find the risk of failure of such projects too high in the current climate. Interest has therefore shifted to start-ups which are suitable for global expansion (different funds are interested in different global regions, depending on their knowledge), with founders who can easily transfer their teams abroad and scale up their businesses, operating from one of the international start-up hubs (Singapore, London, Taiwan, San-Francisco, New York, Tel Aviv, Santiago, etc.). However, the number of Russian projects that can meet these criteria has declined significantly, for two main reasons: 1) businesses with government participation usually cannot attract a foreign partner for further development; 2) there is no established system for technology transfer from Russia to the rest of the world. 0.2 1.4 2,2 7 16 1,3 0,62 0,8 1,2 4,7 0 0,9 1H2014 1H2015 Average deal amount by stage Source: RMG partners $M
  12. 12. IN COOPERATION WITH Market Structure: Segments 12 Source: RMG partners 161 Biotech Hardware Industrial tech Other tech Other IT Software and Internet B2B Enterprise management systems Marketing and Advertising Platforms Other B2B/business solutions Software and Internet B2C Content providers Other B2C- solutions 0 6 8 1 1 56 3 9 12 32 89 27 3 60 -20 0 20 40 60 80 100 120 140 160 180 VC investments by sector, 1H2015 Investments without exits, $M Total Tech 10% IT 90% E-commerce “Funds have definitively understood that capital is not bound by the borders of one country and have practically stopped investing in Russia. We are seeing more activity by business angels (especially micro angels), which have grown in numbers. The market is looking for an alternative to the Silicon valley model, which hasn’t worked in Russia. Regardless of any external events we’ve decided to increase our check, switch to later-stage projects and raise the bar for start-ups. We are ready to invest in technology start-ups, even if demand is unclear, provided that they are managed by an experienced team and the expected return correlates with the level of risk. Market size and potential demand are the most important things for us. The type of innovation is always secondary.” Dmitry Firskin, investment manager AltairVC.
  13. 13. IN COOPERATION WITH Enterprise management systems 0,2% Marketing and advertising 40,1% Other business software 38,0% Platform 11,9% Other B2B solutions 9,7% Enterprise management systems 2,6% Marketing and Advertising 47,5% Other business software 16,2% Platform 22,9% Other B2B solutions 10,8% Soft and Internet B2B 1H2015 $13.6M 1H2014 $48.9M 11 0,03 4 1 1H2014 1H2015 Amount, $M Quantity 23 5 21 11 1H2014 1H2015 8 5.2 10 5 1H2014 1H2015 5.3 1.3 9 9 1H2014 1H2015 11 1.6 8 4 1H2014 1H2015 Enterprise management systems Marketing and Advertising Other business software Other B2B solutions Platform 13
  14. 14. IN COOPERATION WITH Content providers 15% E-commerce 61% Education 5% Games 5% Search and recommendations 6% Social media 6% Finance 67% E-commerce 8% Social media 1% Other 22% Soft and Internet B2C 18 0 7 1H2014 1H2015 Amount, $M Quantity Content providers 72 5 29 6 1H2014 1H2015 E-commerce 6 1 14 2 1H2014 1H2015 Education 6 0.5 17 6 1H2014 1H2015 Search and recommendations 7 1 14 4 1H2014 1H2015 2 15 13 11 1H2014 1H2015 Social media Other 7 3 1 1H2014 1H2015 Games 1H2015 $70.3M 1H2014 $118.5M 14
  15. 15. IN COOPERATION WITH Venture Fund Survey 15 As shown by the survey of active venture funds, 1H2015 brought no good news for Russian investors trying to sell their assets or seeking additional capital for portfolio companies. The market situation was almost unchanged from the end of 2014. Most funds that stayed in Russia switched their focus to projects that ticked the following boxes: first sales already made; a clear market for the product/service; potential for extensive growth on foreign markets; and break-even point in sight. The survey found that over 50% of funds had raised their requirements for the project team, making the presence of strong managers into the key criteria and rejecting science start-ups that lack clear demand for their products. There has been clear growth in the number of deals sponsored by business angels, including co- financing by angel syndicates operating as micro-funds at the seed stage. But the increase of deal numbers has implied reduction of the average amount invested and fragmentation of the seed stage into sub-stages as investors seek to mitigate risks of start-up bankruptcy. Three quarters of the funds interviewed by RMG Partners said that they do not use online services to assess projects, but prefer to attend demonstration events by graduates from business-incubators and accelerators and to take part in selection and assessment processes. Most of the respondents believe that the crisis has made them more careful when taking investment decisions and when entering into partnerships with other market players and development institutions (including institutional investors and strategic buyers). The following funds took part in the survey: IIDF, Target Ventures, Maxfield Capital, Moscow Seed Fund, RMG Partners, VentureClub, Runa Capital, AltairVC, IT-Online Ventures, Starta Capital.  RB Partners (www.rbpartners.ru) provides investment banking services as well as investing in innovative IT projects at seed and early-growth stages via its affiliate, RB Capital .  Since 2004 RB Partners has successfully closed more than 60 M&A deals with total value in excess of USD 1.7 billion and invested in 3 IT ventures in Moscow and Saint-Petersburg.  Since 2010 RB Partners has been a member of the Globalscope international association (www.globalscopepartners.com), which includes 45 investment consulting firms from 37 different countries, specializing in M&A and corporate finance.  RB Partners group currently comprises the holding company RB Partners and several portfolio companies, which together employ more than 100 professionals.
  16. 16. IN COOPERATION WITH Methodology Methods used in this research are based on recommendations developed by the Russian Venture Capital Association (RVCA) with the help of Russian VC market players. “Venture capital investments” are defined as investments of up to 100 million dollars in high-risk, high- tech and potentially highly profitable projects, targeting IRR of at least 15%. “Investments” are defined as acquisition of equity in a non-public company in return for investments and/or long-term financing with the possibility of equity conversion (including with suspensive conditions). Investments may be made by funds (Russian or foreign legal entities raising capital from more than one source for direct investment in non-public companies), individuals or groups of individuals. Only investments in companies working mainly on the Russian market were taken into account. Companies financed by Russian investors, but oriented mostly to foreign markets were not included the measurement of Russian VC investments. In this report “corporations” mean corporate funds (funds that are financed by their founding organizations from internal sources, but which may invest in venture companies not affiliated with the founding organization). Investments in market infrastructure and exits were not taken into account. Investments in market infrastructure mean investments in VC funds, business incubators, business accelerators, technoparks and other institutions that work in the venture market but are not venture companies. Our estimate of VC investment market size includes grants and investment loans. These sums were included in the total market size (even though a grant is a non-repayable subsidy for research and development), since, like repayable investments, they are used to finance commercial VC projects. This Report distinguishes four main stages in the development of VC projects, as follows Seed: the project exists only on paper or as a result of laboratory research. Start-up: a company is being set up or has been operating already for a short time, but it has not yet sold its products for money. Growth: commercial production, first turnover from sales. Expansion: expansion of sales, market share, output, office space, etc. In the deal list below we also define project advancement by the funding stage reached in 1H2015. We refer to the first round of investments as “Seed”, followed by rounds A, B, C, and denote any further stages as C+ We group all VC projects into 7 sectors: biotechnologies; industrial technologies; computer technologies and hardware; other technologies; B2B software/Internet; B2C software/Internet; other IT. Biotechnologies: healthcare, pharmaceuticals, diagnostics and medical equipment development. Industrial technologies: laser, energy, aerospace technologies, robotics, green and other technologies for industrial use. Computer technologies and hardware: telecommunications, data storage, mobile technologies and computer hardware. Software/Internet – B2B: applications and web services whose clients are enterprises (business management, marketing, IT product development solutions, etc.). Software/Internet – B2C: applications and web services whose clients are individuals (e-commerce, content provision, search engines, consumer finance solutions, education, games, social networks, etc.). The information used in the table of deals below was taken from mass media, open databases (Rusbase, AngelList, etc.), and internal sources of RMG Partners. 16
  17. 17. IN COOPERATION WITH List of Deals in 1H2015 17
  18. 18. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company developme nt stage Investment round Sector Sub-sector 1 Jan Optoguard Nanotech Skolkovo PPP 1.23 Seed Seed Industrial_Tech Laser Tech 2 Jan Anews TMT Investments, Run Capital, 101Startup Private 2.7 Startup C+ Software_Internet _B2C Content Providers 3 Jan Dental Cloud Imperious Group Private 0.047 Seed Seed Software_Internet _B2B Platform/Middleware 4 Jan GeoCV Starta Capital (0,03); Moscow Seed Fund (0,062) PPP 0.092 Seed Seed Software_Internet _B2C Other B2C Internet services/software 5 Jan Pinxter Private investors Private 0.5 Expansion A Software_Internet _B2C Search/Recommenda tions 6 Jan Ros.Taxi Yandex Corporate 1.8 Expansion A Software_Internet _B2B Other B2B software 7 Jan PostgreSQL Anton Suschkevich Angel 5 Expansion A Software_Internet _B2B Other B2B software 8 Jan Box2Box QIWI Corporate 0.5 Seed Seed Software_Internet _B2C E-commerce 9 Jan Rentmania FASIE Gvt. 0.015 Startup Seed Software_Internet _B2C E-commerce 10 Feb Netology group Buran Venture Capital, InVenture Partners Private 2.1 Growth A Software_Internet _B2C Education 11 Feb Energy exploration technology, Arkadiy Zlobinskiy FASIE Gvt. 0.015 Seed Seed Industrial_Tech Other Industrial Tech 12 Feb Med. Equipment sterilizer, Sergey Kavetskiy FASIE Gvt. 0.015 Seed Seed Biotechnology Medical Equipment 13 Feb Laser cutting and welding, Vitaliy Alekseenko FASIE Gvt. 0.015 Seed Seed IIndustrial_Tech Laser Tech 14 Feb Bicycle security system, FASIE Gvt. 0.4 Seed Seed Software_Internet _B2C Other B2C Internet services/software 15 Feb Big data analyzer DIRECTUAL FASIE Gvt. 0.4 Seed Seed Software_Internet _B2B Other business software 16 Feb Virtual reality analyzer FASIE Gvt. 0.4 Seed Seed Other_Technologi es Other_Technologies 17 Feb Ficus FASIE Gvt. 0.4 Seed Seed Other_Technologi es Other_Technologies 18 Feb RocketCallback Private investor Angel 0.06 Startup A Software_Internet _B2B Other B2B software 18
  19. 19. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company developme nt stage Investme nt round Sector Sub-sector 19 Feb RoboCV I2BF Global Private 3 Expansion A Industrial_Tech Robotics 20 Feb Mamsy ru-Net, Baring Private 15 Expansion A Software_Internet_B2C E-commerce 21 Feb Wicron Ashmanov and partners Private 0.08 Startup Seed Industrial_Tech Robotics 22 Feb Wicron Skolkovo Foundation Gvt. 0.08 Startup Seed Industrial_Tech Robotics 23 Feb Netologia Group Venture Capital, Inventure Partners Private 2.1 Startup C+ Software_Internet_B2C Education 24 Feb Vse evakuatoryi Rossii FASIE Gvt. 0.02 Seed Seed Software_Internet_B2C Other B2C Internet services/software 25 Feb PromoAtlas FASIE Gvt. 0.02 Startup Seed Software_Internet_B2C Other B2C Internet services/software 26 Feb Tictag.ru Rostislav Kishenkov, Robot Food and Tech Angel 0.6 Startup Seed Software_Internet_B2C E-commerce 27 Feb MobilityLab IT Private 3 Startup A Software_Internet_B2B Enterprise management software 28 Feb Bagazh iz ruk v ruki Alexandr Borodich, Bogdan Yarovoi, private investors Angel 0.2 Seed Seed Software_Internet_B2B Other B2B software 29 Feb Stealthy Messenger Nikita Khalyavin Angel 0.0001 Seed Seed Software_Internet_B2C Social Media 30 Feb Adaperio Rustam Baekenov Angel 0.03 Startup Seed Software_Internet_B2C E-commerce 31 Feb GetIntent AltairVC Private 0.4 Growth Seed Software_Internet_B2C Other B2C Internet services/software 32 Feb Poblizosti.pro Alexandr Timoshenko Angel 0.2 Startup A Software_Internet_B2C E-commerce 33 Feb Lobster Bogdan, Yarovoyi, Igor Yatrovoi, Igor Kaloshin, Ilya Mirochnik Angel 0.15 Startup Seed Software_Internet_B2C Social Media 34 Feb BigPicture Oleg Zakharchenko Angel 0.2 Growth Seed Software_Internet_B2C Social media 35 Feb Аvtoplanshet IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Software_Internet_B2C Other B2C Internet services/software 36 Feb ASU Bankomatyi IIDF Gvt. 0.022 Startup Seed Other_Technologies Other_Technologies 37 Feb AFK IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Other_Technologies Other_Technologies 38 Feb NDFLka IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Other_Technologies Other_Technologies 19
  20. 20. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company developme nt stage Investme nt round Sector Sub-sector 39 Feb Bez Pyili IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 40 Feb Instruktor po pokupke kvartir IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 41 Feb Moi Mechanik IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C Search/Recommenda tions 42 Feb Teledacha IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Software_Internet_B2C Other B2C Internet services/software 43 Feb Yu-test IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C Other B2C Internet services/software 44 Feb Appfollow IIDF Gvt. 0.022 Startup Seed Software_Internet_B2B Marketing/Advertising 45 Feb Dreamroomer IIDF, Microsoft Seed Fund Gvt. 0.04 Startup A Software_Internet_B2C E-commerce 46 Feb HappyCart IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 47 Feb Petshotel IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Software_Internet_B2C E-commerce 48 Feb Promarket IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 49 Feb Scrut IIDF Gvt. 0.022 Startup Seed Software_Internet_B2B Other B2B software 50 Feb WebSemantics IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Software_Internet_B2B Marketing/Advertising 51 Feb Odarennyie deti IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C Social media 52 Feb Qubequ IIDF Gvt. 0.022 Startup A Software_Internet_B2B Other business software 53 Feb PressIndex IIDF Gvt. 0.022 Startup Seed Software_Internet_B2B Other B2B software 54 Feb Strizh IIDF Gvt. 0.022 Startup Seed Computer_Technologie s_Hardware 55 Feb Rentcar IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 56 Feb Robolanding IIDF Gvt. 0.022 Seed Seed Software_Internet_B2B Marketing/Advertising 57 Feb Kartadoma IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 58 Feb CERAmarketing IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Software_Internet_B2B Marketing/Advertising 59 Feb Good Trade IIDF Gvt. 0.022 Startup Seed Software_Internet_B2C E-commerce 60 Feb Teslawatch IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Other_Technologies Other_Technologies 20
  21. 21. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company developme nt stage Investme nt round Sector Sub-sector 61 Feb IIS Eldis IIDF, Microsoft Seed Fund Gvt. 0.04 Startup Seed Other_Technologies Other_Technologies 62 Feb Chestnaya Cena IIDF Gvt. 0.022 Startup Seed Software_Internet_B2B Marketing/Advertising 63 Mar Oktogo MCI Management, Mangrove Capital Partners, ABRT Venture Fund, Ventech Private 5 Expansion C+ Software_Internet_B2C E-commerce 64 Mar Ensol Founders Private 0.5 Startup A Industrial_Tech Power Supply Tech 65 Mar Promeo Private 0.018 Seed Seed Software_Internet_B2C Social media 66 Mar Helpmed Private 1 Seed Seed Software_Internet_B2C Other B2C Internet services/software 67 Mar CartPay Co. FASIE Gvt. 0.018 Seed Seed Industrial_Tech Other Industrial Tech 68 Mar CartPay Co. Private 0.06 Seed Seed Industrial_Tech Other Industrial Tech 69 Mar SocialKey Ads Digital Society Laboratory Corporate 3.5 Seed Seed Software_Internet_B2B Marketing/Advertising 70 Mar Promobit kamaFlow Private 0.2 Seed Seed Software_Internet_B2B Other B2B software 71 Mar Codeweb Skolkovo Gvt. 0.33 Seed Seed Software_Internet_B2B Other B2B software 72 Mar Double Data Columbus Nova, Almaz Capital Partners, Simile, Venture Partners, LETA Capital, I2BF Global Ventures Private 3.3 Startup A Software_Internet_B2B Other B2B software 73 Mar TicketsCloud 2be.lu Investment, Bogdan Yarovoiy Private 0.3 Seed Seed Software_Internet_B2B Platform/Middleware 74 Mar Electronic herd Eco-innovations Corporate 0.414 Seed Seed Software_Internet_B2B Other business software 75 Mar Trucker Path Renren Corporate 1.5 Startup A Software_Internet_B2C Search/Recommenda tions 76 Mar Wedvice Doctornet.pro, Alexander Vorobev, Vitaly Fridzon Private 0.042 Seed Seed Software_Internet_B2C Other B2C Internet services/software 77 Mar Life.film Alexey Karlov Angel 0.02 Seed Seed Software_Internet_B2C Other B2C Internet services/software 78 Mar Smart Wi-Fi Private 0.07 Seed Seed Software_Internet_B2B Marketing/Advertising 79 Mar Vseveda FASIE Gvt. 0.018 Seed Seed Software_Internet_B2C Search/Recommenda tions 80 Mar Mobiforce FASIE Gvt. 0.018 Seed Seed Software_Internet_B2B Other business software 21
  22. 22. IN COOPERATION WITH № Dea l dat e Project Investor Investor type Deal value, $M Company developme nt stage Investme nt round Sector Sub-sector 81 Mar Solomoto Bloomberg Capital Private 8 Startup A Software_Internet_B2B Platform/Middleware 82 Mar BaseRide Technologies IncuVest Private 0.6 Seed Seed Other_IT Other_IT 83 Mar InstallTracker Angel 1 Seed Seed Software_Internet_B2B Platform/Middleware 84 Mar AMSRus the Untitled Private 0.01 Seed Seed Software_Internet_B2C Social media 85 Mar Tutzhdut the Untitled Private 0.01 Seed Seed Software_Internet_B2B Other business software 86 Mar Ediniy medicinskiy portal Angel 0.3 Seed Seed Software_Internet_B2C Search/Recommenda tions 87 Mar Chistaya planeta Venture fund of Promsvyazbank Corporate 0.025 Seed Seed Industrial_Tech Other Industrial Tech 88 Mar RTM Diagnostika Biofund RVK, Modernization and Technology Development Fund PPP 0.717 Seed A Biotechnology Diagnostics & Research 89 Mar ArCycle Altair Capital, Almaz Capital Private 0.6 Seed Seed Software_Internet_B2B Other B2B software 90 Mar PayOnline Net Element International Corporate 8.5 Mature Exit Software_Internet_B2B Other B2B software 91Apr New cloud technologies* Anton Cheglakov Angel 9.5 Startup A Software_Internet_B2B Other business software 92Apr Group-IB IIDF Gvt. 4 Expansion A Software_Internet_B2B Other business software 93Apr Clickky iTech Capital Private 2 Startup A Software_Internet_B2B Marketing/Advertising 94Apr Comindware angel, Skolkovo PPP 1.18 Startup A Software_Internet_B2 C Other B2C Internet services/software 95Apr FlowWow Stanislav Kotomkin Angel 0.08 Seed Seed Software_Internet_B2 C E-commerce 96Apr BabyTask Vasily Voropaev Angel 0.06 Seed Seed Software_Internet_B2 C Social Media 97Apr Scorista Life.Sreda, Moscow Seed Fund PPP 0.24 Startup Seed Software_Internet_B2 C Finance 98Apr Sapato KupiVIP Corporate 1 Mature Exit Software_Internet_B2 C E-commerce 99Apr 2Do2Go FASIE Gvt. 0.225 Seed Seed Software_Internet_B2 C Social Media 100Apr WiMark Systems Skolkovo, Ruslan Smelyanskiy PPP 0.12 Seed Seed Software_Internet_B2B Other business software 101Apr DigiFabster angels Angel 0.1 Seed Seed Other_Technologies Other_Technologies 102Apr Roster angels Angel 0.25 Seed Seed Software_Internet_B2 C Social Media 22
  23. 23. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company development stage Invest ment round Sector Sub-sector 103Apr Polystock Alexander Khripunov Angel 0.1 Seed Seed Software_Internet_B2B Other business software 104Apr Encom Smart Panel FASIE Gvt. 0.02 Seed Seed Computer_Technologies _Hardware Computers & Computer Systems 105Apr Little Gentrys Maxim Faldin Angel 2 Seed Seed Software_Internet_B2C E-commerce 106Apr iBinom Andrey Afanasiev Angel 0.3 Startup Seed Software_Internet_B2C Other B2C Internet services/software 107Apr Yaclass Moscow Seed Fund, Pavel Kovsharov PPP 0.24 Startup Seed Software_Internet_B2C Education 108Apr MediaSync private investors Private 0.2 Seed Seed Software_Internet_B2B Marketing/Advertising 109Apr VisionLabs Moscow School of Management Skolkovo, Fund of Nubar Afeyan Private 0.014 Seed Seed Industrial_Tech Robotics 110Apr WiMark Systems** Skolkovo Gvt. 0.094 Seed Seed Software_Internet_B2B Other B2B software 111Apr ETB catalytic technology** Skolkovo Gvt. 0.376 Startup Seed Industrial_Tech Other Industrial Tech 112Apr VDM- technique** Skolkovo Gvt. 0.466 Startup Seed Industrial_Tech Other Industrial Tech 113Apr Linguatrip 500 Startups Private 0.100 Seed Seed Software_Internet_B2C E-commerce 114May Lobster Valley Venture Mentors Private 0.033 Startup Seed Software_Internet_B2C E-commerce 115May Touch Bank OTP Bank Plc Corporate 40 Seed A Software_Internet_B2C Finance 116May Level.Travel Sergey Vatutin Angel 0.6 Startup Seed Software_Internet_B2C E-commerce 117May Kribrum Skolkovo, Infowatch PPP 1 Seed Seed Software_Internet_B2B Other business software 118May AnyBalance QIWI Venture Corporate 0.15 Seed Seed Software_Internet_B2C Finance 119May Dogsy Evgeny Gordeev Angel 0.04 Seed Seed Software_Internet_B2C Search/Recommenda tions 120May BlackmoonFG Oleg Seidak, Ilya Perekopskiy Angel 1 Seed Seed Software_Internet_B2B Platform/Middleware 121May TAPKI.COM Angel 0.06 Seed Seed Software_Internet_B2C Search/Recommenda tions 122May Gbooking Vestor.in, the Untitled, Altair Private 0.425 Startup Seed Software_Internet_B2B Platform/Middleware 123May Open platform Sergey Vasiliev Angel 1 Seed Seed Software_Internet_B2B Platform/Middleware 124May ParkApp Sun Capital Private 0.3 Seed Seed Software_Internet_B2C Search/Recommenda tions 125May MoneyMan Emery Capital, Vadim Dymov Private 6 Expansion B Software_Internet_B2C Finance 23 **Ruble sum converted to dollars at the average CBR rate for the month *$9.02M accordnig to Firrma (exchange rate in April 2015)
  24. 24. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company development stage Investm ent round Sector Sub-sector 126May LinguaLeo Runa Capital, Social Discovery Ventures Private 0.5 Growth B Software_Internet_B2C Education 127May Healbe Starta Capital, Dmitry Chaliy, Alexander Tarakanov, Alexey Girin Private 3.5 Growth A Biotechnology Medical Equipment 128May Medviser Roman Abramovich Angel 0.5 Seed Seed Software_Internet_B2C Other B2C Internet services/software 129May SMTDP Almaz Capital Partners Private 0.03 Seed Seed Software_Internet_B2B Other B2B software 130May Whofix Dmitry Sinkevich Private 0.008 Seed Seed Software_Internet_B2C Search/Recommen dations 131May Aizel Bonum Capital (Suleyman Kerimov) Private 2.5 Startup A Software_Internet_B2C E-commerce 132May Privet.ru Ilya Perekopskiy Angel 0.3 Seed Seed Software_Internet_B2C Social Media 133May RealSpeaker Startup Chile Gvt. 0.032 Seed Seed Computer_Technologies _Hardware Communications, Networking & Storage 134May Service for making dentist appointments online FASIE Angel 0.008 Seed Seed Biotechnology Medical Equipment 135May Developmental mobile game FASIE Angel 0.008 Seed Seed Software_Internet_B2C Gaming 136May Device for vein visualisation FASIE Angel 0.008 Seed Seed Biotechnology Diagnostics & Research 137May Voice mobile app for people with speech disorders FASIE Angel 0.008 Seed Seed Software_Internet_B2C Other B2C Internet services/software 138May Amenity FASIE Angel 0.008 Seed Seed Software_Internet_B2B Other B2B software 139May 3D-StomPrint FASIE Angel 0.008 Seed Seed Biotechnology Medical Equipment 140May TransportTV** Skolkovo Gvt. 0.099 Seed Seed Software_Internet_B2B Platform/Middlewar e 141May Relex** Skolkovo Gvt. 0.634 Startup Seed Software_Internet_B2B Other B2B software 142Jun Ivideon Impulse VC Private 4 Expansion B Software_Internet_B2B Other business software 24
  25. 25. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company development stage Investm ent round Sector Sub-sector 143Jun 1World Online ALTAIR CAPITAL, GVA LAUNCHGURUS, DEFTA Partners, Nest HK, business angels from Berkeley Angels, Keiretsu Forum and others Private 2.5 Expansion A Software_Internet_B2B Marketing/Advertis ing 144Jun Turbodealer IIDF, Microsoft PPP 0.031 Seed Seed Software_Internet_B2C Search/Recomme ndations 145Jun Technovizor IIDF, Microsoft PPP 0.031 Seed Seed Other_IT Other_IT 146Jun TeamKey IIDF, Microsoft PPP 0.031 Seed Seed Software_Internet_B2C Other B2C Internet services/software 147Jun NitrosBase.js IIDF, Microsoft PPP 0.031 Seed Seed Software_Internet_B2B Other B2B software 148Jun inHome IIDF, Microsoft PPP 0.031 Seed Seed Computer_Technologie s_Hardware Computers & Computer Systems 149Jun CloudStats IIDF, Microsoft PPP 0.031 Seed Seed Software_Internet_B2B Other B2B software 150Jun DOOGLYS IIDF, Microsoft PPP 0.031 Seed Seed Software_Internet_B2B Enterprise management software 151Jun BIKEDEFEND IIDF, Microsoft PPP 0.031 Seed Seed Other_IT Other_IT 152Jun Aeroxo I2BF Global Ventures, Eldar Razroev, Skolkovo PPP 1.091 Seed Seed Industrial_Tech Robotics 153Jun RetailCRM Edison.VC Private 0.6 Growth A Software_Internet_B2B Marketing/Advertis ing 154Jun Test-lab (khimservice) Skolkovo Gvt. 0.91 Seed Seed Biotechnology Medical Equipment 155Jun A2 Leasing System IIDF PPP 0.02 Seed Seed Software_Internet_B2B Finance 156Jun ComfortWay IIDF PPP 0.02 Seed Seed Computer_Technologie s_Hardware Mobile Technology 157Jun IATRA IIDF PPP 0.02 Seed Seed Software_Internet_B2C Search/Recomme ndations 158Jun Inwion IIDF PPP 0.02 Seed Seed Other_IT Other_IT 159Jun SlideVision IIDF PPP 0.02 Seed Seed Software_Internet_B2B Marketing/Advertis ing 160Jun Supl.biz IIDF PPP 0.02 Seed Seed Software_Internet_B2B Marketing/Advertis ing 25 ** Ruble sum converted to dollars at the average CBR rate for the month
  26. 26. IN COOPERATION WITH № Deal date Project Investor Investor type Deal value, $M Company development stage Investment round Sector Sub-sector 161Jun Tvil.ru IIDF PPP 0.02 Seed Seed Software_Internet_ B2C Finance 162Jun Aksicredit IIDF PPP 0.02 Seed Seed Software_Internet_ B2C Other B2C Internet services/software 163Jun Advokat.ru IIDF PPP 0.02 Seed Seed Software_Internet_ B2B Marketing/Advertising 164Jun Beguchka IIDF PPP 0.02 Seed Seed Software_Internet_ B2C Other B2C Internet services/software 165Jun Courierra IIDF PPP 0.02 Seed Seed Software_Internet_ B2B Marketing/Advertising 166Jun Labrika IIDF PPP 0.02 Seed Seed Software_Internet_ B2C Other B2C Internet services/software 167Jun Open cemetery (Otkrytoye kladbische) IIDF PPP 0.02 Seed Seed Software_Internet_ B2B Marketing/Advertising 168Jun Fitness-Clubs.Pro IIDF PPP 0.02 Seed Seed Software_Internet_ B2B Marketing/Advertising 169Jun SponsorBureau #1 IIDF PPP 0.02 Seed Seed Software_Internet_ B2B Marketing/Advertising 170Jun Teleport IIDF PPP 0.02Seed Seed Software_Internet_B 2B Finance 171Jun BOOKINNA RMG Partners, VentureClub Private 0.2Startup Seed Software_Internet_B 2C E-commerce 172Jun Freee SocialBox Mikhail Klimarev Angel 0.046Seed Seed Software_Internet_B 2C Other B2C Internet services/software 173Jun OnlinePatent** Skolkovo Gvt. 0.092Seed Seed Software_Internet_B 2B Platform/Middleware 174Jun NFWare** Skolkovo Gvt. 0.092Seed Seed Other_IT Other_IT 175Jun Digital Loyalty System** Skolkovo Gvt. 0.092Seed Seed Software_Internet_B 2B Other B2B software 176Jun MEGARAD** Skolkovo Gvt. 0.092Seed Seed Industrial_Tech Satellites & Space 177Jun 3d Bioprinting solutions** Skolkovo Gvt. 0.358Seed Seed Biotechnology Medical Equipment 178Jun Membrany - NC** Skolkovo Gvt. 0.380Seed Seed Other_Technologies Other_Technologies 179Jun Marineco** Skolkovo Gvt. 0.516Seed Seed Industrial_Tech Other Industrial Tech 180Jun WebKontrol** Skolkovo Gvt. 0.092Seed Seed Software_Internet_B 2B Other B2B software 26 ** Ruble sum converted to dollars at the average CBR rate for the month
  27. 27. IN COOPERATION WITH Calendar of Events 2015 27
  28. 28. IN COOPERATION WITH Event Calendar: January 28 Event City Date Organizer Institutional modernization of Russia - what is role of innovations? Moscow 14 RVC Gaidar Forum – 2015, Russia and the world: new vector* Moscow 14 Russian Academy of the National Economy and State Service, Gaidar Institute of Economic Policy, Gaidar Foundation Institutional modernization of Russia - what is the role of innovation ? Moscow 14 RBC Brand&Retail Session at the Konsumexpo-2015 Moscow 19 В2В Сontact World Economic Forum Annual Meeting 2015 Davos-Klosters 21-24 World Economic Forum Winter scientific school, Modern Biology & Biotechnology of the Future, 2015 Moscow 25 Future Biotech Innovation policy of Russia and development of the regions, Innovation in the new economic realities (first national conference) Skolkovo 28 Skolkovo Foundation StartupLynch — project evaluation St. Petersburg 30 Ingria Business Incubator
  29. 29. IN COOPERATION WITH Event Calendar: February 29 Event City Date Organizer Summit on the information society Abu Dhabi 1-3 Interactive Communications in Advertising (IKRA) Open day at IKRA school Moscow 1 Interactive Communications in Advertising (IKRA) Russian Startup Tour Rostov-on-Don 3 Skolkovo Foundation Robocenter in Rostov-on-Don Rostov-on-Don 3 Cbonds Presentation in Hong Kong Hong Kong 6 Cbonds Russian conference of developers and users of PostgreSQL Moscow 6-7 RAEC SuperInvestor U.S. 2015 San Francisco 9-11 NVCA Russian Startup Tour Tomsk 11-12 Skolkovo Foundation 4th European conference on science, technology and innovation(Transfiere)* Malaga 11-12 Cyber Security Forum 2015 Moscow 12 RAEC LP-GP Forum: Clean Energy & Sustainability London 12 AltAssets Electronic trading platforms in Russia: who's who Moscow 12 Expert RA 3d Print Conference Baku Baku 12 Smile Expo TEDxMoscow Moscow 15 Skolkovo Foundation Russian Startup Tour Nizhny Novgorod 17 Skolkovo Foundation Russian Mortgage Congress Moscow 19 Cbonds The crisis of corporate debt . Technology for resolution of difficult situations between lenders and borrowers Moscow 19 Vedomosti 14th project selection. Business Incubator IT park (Naberezhnye Chelny) Naberezhnye Chelny 21 IT Park Kazan
  30. 30. IN COOPERATION WITH 30 Event Calendar: February Event City Date Organizer Belarus Startup 2015 Minsk 21 The Ministry of Education of Belarus, IT House The Ninth International Conference on Digital Society Lisbon 22-27 IARIA Internet of Things - IT Challenge Moscow 25 Skolkovo Foundation Meeting between leading experts of Skolkovo Foundation and developers of innovative projects Skolkovo 25 Skolkovo Foundation 5th stage of KRITBI incubator acceleration program Krasnoyarsk 25 LOGA Group, KGAU KRITBI Krasnoyarsk Economic Forum - 2015 Krasnoyarsk 26 The government of Krasnoyarsk region Exhibition, Perspective 2015 St. Petersburg 28 Exhibition Port Event Calendar: March Event City Date Organizer Implementation of prototyping tools and software development strategy for international markets Tel Aviv 02 РВC Russian Startup Tour Kazan 03 Skolkovo Foundation Mobile World Congress 2015 Barcelona 2 Communication of scientific breakthroughs (session at the Communication on TOP conference) Geneva 09 Top Communications GmbH Mega-Projects of Russia and the world : Solutions That Work Cannes 10 Kommersant Russian Startup Tour Yekaterinburg 11 Skolkovo Foundation
  31. 31. IN COOPERATION WITH 31 Event City Date Organizer Conference Internet of things Moscow 12 Smile Expo Connected Car Conference Moscow 12 Smile Expo Mobile Application& Technology Expo (MATE Expo) Moscow 12 Smile Expo Social Networking Congress & Expo Moscow 12 Smile Expo Forum: Innovation ecosystem, universities and research centers Moscow 12 RVC, Business Incubator Ingria, MISIS eTarget: Audience Management and Marketing in the Internet Moscow 12-13 Ashmanov and partners, Rambler&Co, PRICE M-health Conference Moscow 13 Smile Expo Demo Day Faccelerator YSE {Inc} Moscow 13 HSE Business Incubator Hong Kong Venture Capital Forum 2015 Hong Kong 15 HKVCA iCOMference 2015* Moscow 17 The Runet, The Russian Association for Electronic Communications (RAEC) Russian Startup Tour* Astana 17 Skolkovo Foundation Roundtable: defaults and restructuring of the corporate bond market Moscow 18 Cbonds TED*SkolkovoLive: Moscow, Vancouver 18 Skolkovo (university) IV Annual partner conference* Moscow 19 RVC Go Analytics Moscow 19 Adventum 4th Annual Partner Conference RBC Moscow 19 RVCA Skolkovo Robotics 2015* Moscow 20-22 Skolkovo Foundation ITMO Startup Weekend* St. Petersburg 20 St. Petersburg national research University of information technologies, mechanics and optics Event Calendar: March
  32. 32. IN COOPERATION WITH 32 Event Calendar: March Event City Date Organizer International Powerline forum Rugrids-Electro* Moscow 20 Rosseti, Expocentre Russian Start-Up Tour* Almaty 20 Almaty Management University FINANCES TO A GROWING BUSINESS-2015* Moscow 22 Expert RA Group Second international Technological Forum, Innovation. Technology. Production * Rybinsk 23 Department of industrial policy (Yaroslavl region) Big data Russia Moscow 24 Open systems Gvt.ations Russian Startup Tour* St. Petersburg 25-26 Skolkovo Foundation IT-school of Southern federal district Maikop 27 Initiative Development Agency Spring start-up school Stavropol 28 Plug & Play Dagestan Tech Trends Expo Moscow 28 IIDF Skolkovo Hackathon and IBM on Mobile Apps (Bluemix Hackathon) Skolkovo 28 IBM, Skolkovo Foundation, Apps4All Scientific-practical seminar, Management of territorial clusters: best international practices Moscow 30 HSE
  33. 33. IN COOPERATION WITH Event Calendar: April 33 Event City Date Organizer Russian Startup Tour* Vladivostok 2 Skolkovo Foundation Robocentre in Vladivostok* Vladivostok 2 Robocentre of Skolkovo Foundation IT- school of the North-Western federal district Vologda 3 IDA Russian Startup Tour* Krasnoyarsk 6 Skolkovo Foundation BIO KOREA 2015 Seoul 8 RVC SAP Startup Forum* Krasnogorsk 9 RVC IT-school of Central federal district Yaroslavl 10 IDA Smart City - Innovations for Life Hanover 13 Vedomosti Regulation and management of innovation in medicine and private health (conference) Oxford, UK 13 Synapse Intelligence RBCC Just Networking London, UK 14 RBCC IT- Outsourcing : anti-crisis optimization Moscow 14 CNews Conferences World Bank Briefing St. Petersburg 14 АЕВ Russian Startup Tour* Minsk 14 Skolkovo Foundation CEE private equity forum* Warsaw 16 Incisive Events 3d Print Conference Almaty Almaty 16 Smile Expo North Caucasian Federal District IT- School Stavropol 17 ANO Agency of Innovation Development
  34. 34. IN COOPERATION WITH 34 Event Calendar: April Event City Date Organizer Taxation of oil companies Moscow 17 Russian Business Forum HackDay #37 Ekaterinburg Ekaterinburg 17 HackDay HRPR CAMP — 2015 Minsk 18 Invest Show Almaty 18 IRBIS Imagine Cup Moscow 18 Microsoft World Economic Forum on East Asia 2015* Jakarta 19-21 The World Econ. Forum Legal issues of the pharmaceutical industry : the interaction of government and business in the new environment Moscow 21 The Moscow Times ICT in the energy industry in 2015 Moscow 21 CNews Conferences и CNews Analytics Russian ICT-companies in Germany: a strategy for success Düsseldorf 21 NRW.INVEST, CNews Conferences RBCC Expats Forum* St. Petersburg 22 RBCC Russian Forum Of Sales 2015 Moscow 22 Prime Time Forums Russian Startup Tour* Ufa 22 Skolkovo Foundation Navitech -2015 and IX international navigation Forum* Moscow 22-24 Expocentre Bankruptcy proceedings in Russia. Financial and legal aspects Moscow 22 The Moscow Times Russian Startup Tour * Ufa 22 Skolkovo Foundation Russian electronics: substitution of import and prospects of development Moscow 22 Vedomosti RIF+KIB 2015* Moscow 22-24 RAEC
  35. 35. IN COOPERATION WITH Event Calendar: April 35 Event City Date Organizer Mobile Show Asia 2015 Singapore 22-23 terrapinn DEMO Traction San Francisco 22 IDG Seminar on optimizing business processes Moscow 22-23 Andrey Koptelov, CNews Conferences Finance 2015: managing in condition of turbulence Moscow 23 Kommersant ICT in health care: successes and obstacles Moscow 23 CNews Conferences TNW Europe Conference 2015* Amsterdam 23-24 The Next Web X Russian and XV Kazan venture fair * Kazan 23-24 RVCA IT-school of the Siberian Federal district Ulan-Ude 24 Innovation development agency Startup Day* Stockholm 25 GeekWire Regional session of practical consulting Rostov-on-Don 27 LOGA Group Regional session of practical consulting Yakutsk 28 Moscow Technological Institute Wearable Technologies Conference 2015* Milan 29 The WT Group Russian Startup Tour* Moscow region 29 Skolkovo Foundation
  36. 36. IN COOPERATION WITH 36 Event City Date Organizer TechCrunch Disrupt New York 4-6 TechCrunch World Economic Forum on Latin America 2015* Mexico City 6-8 The World Economic Forum 2nd international scientific conference, Modern application of nanotechnology* Minsk 6-8 The National Academy of Sciences of Belarus Svyaz-Expocomm-2015* Moscow 12-15 RAEC Regional session of practical consulting Omsk 13 LOGA Group Management of corporate debt. Anti- crisis measures Moscow 14 Kommersant Startup Expo Eurasia Moscow 15 People's Friendship University of Russia, Launch Gurus, RusBase IT-school of Volga Federal district Ulyanovsk 15 Innovation development agency Regional session of practical consulting Voronezh 18 LOGA Group The annual award, Impulse of Good Moscow 19 OUR FUTURE Fund Investment in Russia: prospects, challenges and opportunities of the real estate market Tokyo 20 Kommersant ITEX’15 Kuala Lumpur 21 C.I.S NETWORK SDN BHD Russian conference, Best practices of project management – 2015* Tomsk 21-22 Business Partners (non-commercial partnership) Event Calendar: May
  37. 37. IN COOPERATION WITH Event Calendar: May 37 Event City Date Organizer Investfunds Forum VI – Institutional Investors Conference* St. Petersburg 21-25 Cbonds Congress XII Bond Congress of CIS and Baltic States* Baku 21-22 Cbonds Congress The Russian market of CRM: trends 2015 Moscow 21 CNews Conferences Corporate debt and financial restructuring Moscow 21 Russian Business Forum IT-school of the Ural Federal district Ekaterinburg 22 Innovation development agency M&A 2015risks and opportunities in terms of sanctions Moscow 22 The Moscow Times HackDay #38 ТOmsk Tomsk 22 HackDay BioSciencesWorld 2015 Rome 24-29 IARIA 13th Annual International Conference on Finance* Athens 25-28 ATINER Regional session of practical consulting Perm 26 LOGA Group Bank equipment: new opportunities Moscow 26 RBC 12th Flagship Conference - Russian Economy: Quo Vadis* Moscow 27 АЕВ III Venture investors forum* Moscow 28 Cbonds Congress, Preoveca Corporate communication 2015: New solutions Moscow 28 CNews Conferences SPIK 2015 St. Petersburg 28 RAEC St. Petersburg Internet conference St. Petersburg 28-29 RAEC, Trinet Group IX International Conference on European Science and Technology* Munhen 28-29 Organizing commetee ICEST Production efficiency: strategy, management and technology Moscow 29 The Moscow Times Tax strategies in Russia. Aime at deoffshorization. Moscow 29 The Moscow Times Social hackathon Moscow 30 HSE Busines Incubator
  38. 38. IN COOPERATION WITH Event Calendar: June 38 Event City Date Organizer Infosecurity Europe 2015* London 2 Reed Exhibitions Summer meeting of technoparks Moscow 2 Skolkovo Foundation RBCC Business Forum 2015: London 2-3 RBCC Russian Gaming Week Moscow 3 Smile Expo ANAPLAN 2015 Moscow 3 Digital October IX Siberian Venture Fair* Novosibirsk 4-5 The government of Novosibirsk region, RVCA, Information security of businesses and government institutions: development in new conditions Moscow 4 CNews Conferences Technoprom-2015* Novosibirsk 4-5 The government of Novosibirsk region Corporate fraud Moscow 5 Russian business Forum IT-school Far Eastern Federal district Vladivostok 5 Innovation development agency MixAR Moscow 6 26dotss INOTEX 2015 – 4th international exhibition of innovations and technologies Teheran 8 Pardis Technology Park Optimization of expenses for IT infrastructure in 2015: how to get out of the crisis Moscow 9 CNews Conferences Topical issues of intellectual property Moscow 10 The Moscow Times ICT in insurance: effectiveness in the new environment Moscow 10 CNews Conferences Payment services of the future Moscow 10 Digital October, B2B Event Regional session of practical consulting Ekaterinburg 10 LOGA Group Rapid.Tech 2015* Erfurt 10 Messe Erfurt GmbH
  39. 39. IN COOPERATION WITH Event Calendar: June 39 Event City Date Organizer Festival FUTUR EN in Paris – the sixth fascicle Paris 11 Cap Digital Factor Acceleration Program of the Ural region Chelyabinsk 15 Non-commercial partnership BAUR (Ural) Bio International Convention 2015* Philadelphia 16 Biotechnology Industry Organization International military-technical forum, ARMY-2015* Kubinka 16 The Ministry of Defence of Russia BI: market of new opportunities Moscow 16 CNews Conferences Meeting, open digital labs St. Petersburg 17 Fab Lab Polytech Factor Acceleration Program of the Ural region Tyumen 17 Non-commercial partnership BAUR Position of authority and card management stakeholders in the process of internal negotiations Moscow region 17 Moscow School of Management, Skolkovo Regional session of practical consulting Sevastopol 17 Moscow Technological Institute Regional session of practical consulting Tyumen 17 LOGA Group Accelerator for technology startups in the framework of the youth forum of Volga Federal district, iVolga-2015 Samara region, 18 The government of Samara region Webinar “Intangible assets” Online 18 Skolkovo Foundation
  40. 40. IN COOPERATION WITH 40 Event Calendar: June Event City Date Organizer Regional session of practical consulting Arkhangelsk 18 St. Petersburg International Economic forum IT-school of the Crimean Federal district Sevastopol 19 Innovation development agency Investment Session VC&Demo Day Ingria IT SEED* St. Petersburg 19 INGRIA Business incubator Regional session of practical consulting Naberezhnye Chelny 22 LOGA Group Russia and CIS Investment Forum Zurich 24 Hansa Fincom Business Breakfast for the residents of Technopark, Strogino Moscow 24 LOGA Group IV International Assembly of Business Angels* St. Petersburg 24 Union organization of Business angels (SOBA) Young technicians and inventors Moscow 25 The Association of innovative regions of Russia Start in Garage Minsk 27-28 RIS Ventures
  41. 41. IN COOPERATION WITH Event Calendar: July 41 Event City Date Organizer Regional session of practical consulting Velikiy Novgorod 1 Moscow Technological Institute Exhebition Innorobo 2015* Lion 1-2 Innoecho NANO KOREA 2015* Seoul 1 Nanokorea Educational program for business angels in Samara Samara 2 VentureClub INNOPROM – 2015* Ekaterinburg The government of Sverdlovsk region, The Ministry of Industry and Trade of the Russian Federation Regional session of practical consulting Ulan-Ude 8 Moscow Technological Institute ROBOCROSS-2015* Nizhniy Novgorod 13 Skolkovo TechnoPark 3rd International conference on quantum technologies* Moscow 13-18 Russian quantum center (RQC) GSMA Mobile World Congress Shanghai 2015* Shanghai 15 GSMA Russian Day on Mobile World Congress Shanghai 15 RUSSOFT, RVC #hruMoscow: Future of Work Moscow 17 GlobalHRU LTD III Summer school on bioinformatics 2015* Moscow 20 Moscow State University, St. Petersburg Academic University, Institute of Bioinformatics ICT-BDC S 2015 Singapore 27 Global Science and Technology Forum Seminar Dentons Moscow 29 Dentons, Russoft, RVC Robotics& Artificial Intelligence Camp 2015 (RAIC 2015)* Dolgoprudniy 30 RAICamp
  42. 42. IN COOPERATION WITH 42 Event Calendar: August Event City Date Organizer IT SUMMER Barnaul 1 RVC Ready for Equity Weekend Kaliningrad 1 SmartHub, National Association Business Angels Game Developers Conference 2015 Cologne 3 United Business Media LLC Gamescom 2015 Cologne 5 BIU ITCE 2015 Daegu 19 KOTRA XIII Triple Helix International Conference 2015* Pekin 21-23 Tsinghua University 16th selection at Business- incubator of IT-Park* Naberezhnye Chelny 22 IT-park (Naberezhnye Chelny) Festival of innovation and creativity Make it! Show Skolkovo 22 Smile Expo Event Calendar: September Event City Date Organizer Competition Web& Tech Ready Moscow 1 WebReady, Skolkovo Foundation Startup Sauna Moscow 2 Startup Sauna, HSE Business Incubator XIII international banking forum, Russian Banks -21 century Sochi 2-5 Association of Regional Banks of Russia Startup Debate: The path of a Russian businessman Moscow 3 GVA LaunchGurus, Moscow Youth Multifunctional Center (MYMC)
  43. 43. IN COOPERATION WITH Event Calendar: September 43 Event City Date Organizer RIF* Ulyanovsk 4 The Internet Initiatives Development Fund, RAEC Startup Sauna Kazan 4 Startup Sauna, IT-park (Kazan) VC Bootcamp Moscow 5 GVA LaunchGurus DLD Tel-Aviv Tel Aviv 6-12 Yossi Vardi Annual Meeting of the New Champions 2015* Dalian 9-11 The World Economic Forum Seoul Business Week Seoul 8 Skolkovo Foundation, RVC, Korea Techno-Venture Foundation, Korea Institute for The Advancement of Technology, Korea Electrotechnology Research Institute CTIA Super Mobility Week Las Vegas 9-11 CTIA Baikal Internet Forum 2015 Irkutsk 9 Medvedev Marketing World communication forum, Davos- Kiev session 2015 Kiev 10 WCF-Davos IV Interbank conference ,Money and promissory note market * Yaroslavl 11 Cbonds congress RIF 2015* Voronezh 11 Smile Expo 3d Print Conference, Kiev Kiev 11 Smile Expo EdCrunch 2015 Moscow 13 Digital October, MISIS Video surveillance: Analytics, cloud and others Moscow 15 CNews Conferences Innovation forum, NEFTEGASDEM Tumen 16-17 The government of Tyumen Region Conference, National program of the Russian Federation St. Petersburg 17 St. Petersburg Foundation for SME Development, RIC (St. Petersburg), RUSSOFT
  44. 44. IN COOPERATION WITH 44 Event City Date Organizer International investment forum, Sochi-2015 Sochi 17-20 The Government of Russia II Big Internet Forum BIF 2015* Almaty 18-19 Internet Avenue Start Up Marathon* Chelyabinsk 19 The Internet Initiatives Development Fund TechVenture 2015 - Singapore Singapore 21 The National Research Foundation (NRF), Prime Minister's Office, Singapore; Agency for Science and Technology’s Exploit Technologies Pte Ltd (ETPL); SPRING Singapore 8th International conference, Beam technologies and laser application* St. Petersburg 21-23 St. Petersburg Polytechnic University, Institute of laser and welding technologies The 9th Annual Asian PE & VC Conference* Hong Kong 21-24 SuperReturn Asia Regional session of practical consulting Krasnodar 21 LOGA Group TechInnovation 2015 Singapore 22 IPI Singapore CROWDMAP 2015 Moscow 23 CROWDALL RIF Sochi 2015* Sochi 24 RAEC II International conference, The role of intelligent transport systems in the network of toll roads of the Russian Federation. Modern trends in national development"* St. Petersburg 24-26 Avtodor Event Calendar: September
  45. 45. IN COOPERATION WITH 45 Event City Date Organizer Wearable Tech Moscow 25 Smile Expo Droidcon Moscow 2015 Moscow 25 Apps4All South Fest 2015 Sochi 25 IT61, Creative Space. PRO Russian science festival 2015 Ufa 25-27 The Russian Ministry of Education and Science mixAR 2015 Moscow 26 26dotss Bitcoin Conference Kiev Kiev 26 Smile Expo Russian Science Slam Samara 26 Regional Innovative Center Iran Telecom 2015 Teheran 26 PALAR Samaneh Autumn workshop, Biotechnology of the future 2015 Moscow 28 Future Biotech Conference, International programs St. Petersburg 29 RUSSOFT, Regional Integrative Center – St. Petersburg, St. Petersburg Foundation for SME Development Contact center 2015: directions of development Moscow 29 CNews Conferences Mediabusiness. Refill Moscow 30 Vedomosti Workshops, From idea to applications St. Petersburg 30 Regional Integrative Center – St. Petersburg, St. Petersburg Foundation for SME Development, RUSSOFT Event Calendar: September
  46. 46. IN COOPERATION WITH Event Calendar: October 46 Event City Date Organizer Big data 2015 Moscow 1 CNews Conferences Playground of open communication OPENBIO-2015 Novosibirsk region 1 Innovative Center Koltsovo, Biotechnopark Koltsovo, Biopharm (non-commercial partnership) III Annual conference, Clinical research in Russia and abroad* Moscow 2 OCT Clinical trials Microsys 2015* Stuttgart 5 P. E. Schall GmbH & Co. KG St. Petersburg international gas forum* St. Petersburg 6-9 LLC Expo Forum - International, LLC FAREXPO BIOTECHNICA 2015 Hannover 6 Deutsche Messe St. Petersburg innovative forum 2015* St. Petersburg 7-9 The Committee on industrial policy and innovation RACE Fourth international Congress and exhibition of affiliate programs and marketing in Russia* Moscow 8 Smile Expo Meet Magento Russia Moscow 9 Turnkey Ecommerce X Anniversary Russian Congress of Economic - legal regulation of innovation activity 2015 Autumn"* Moscow 12 ASER Group Private Client Russia & beyond London 13-15 Adam Smith Conferences VII international forum "ATOMEX 2015"* Moscow 13 LLC «Atomexpo» International conference on energy storage and hydrogen technologies Skolkovo 14 Fund «Skolkovo» itCOM 2015 Krasnoyarsk 14-16 Closed company «Krasnoyarskaya Yarmorka» Bio Japan 2015 Yokohama 14 IDCEE 2015 Kiev 15-16 TA Venture VC fund GITEX Technology Week 2015 Dubai 18 Future Cities Asia – Malaysia Kuala Lumpur 20 Worldwide Business Research
  47. 47. IN COOPERATION WITH 47 Event City Date Organizer II Russian-Finnish Symposium , current trends in drug development* St. Petersburg 20 Abo Acadeny 7th Russian international Congress on intelligent transport systems* Moscow 21 International Academy of Transport RIW 2015 Moscow 21 RAEC Summit on the Global Agenda 2015 Abu Dhabi 25-27 The World Economic Forum Asia Clean Energy Summit (ACES) Singapore 27 Sustainable Energy Association of Singapore (SEAS) CeBIT India 2015 Bangalore 28 Open Innovation 2015 Moscow 28 Vnesheconombank, Skolkovo, RVC, Rosnano, the Moscow government Cloud Expo Asia 2015 Singapore 28 Infocomm Development Authority of Singapore The 9th international biotechnological forum exhibition, Rosbiotech 2015* Moscow 28-30 The Russian Ministry of Education and Science AccEssMeeting UAE-Russia: Business Investment Road Show 2015 Abu Dhabi 28-29 Strategy Links Robotexpo 2015* Moscow 29-31 Expocenter Annual Forum “Retail 2015” Moscow 29 Kommersant Internet of Things* Moscow 29 Smile Expo IENA 2015 Nuremberg 29 Event Calendar: October
  48. 48. IN COOPERATION WITH Event Calendar: November Event City Date Organizer Wealth Innovation Forum Geneva* Geneva 1 CIS Wealth Web Summit 2015* Dublin 3 Web Summit Nordic Private Equity Conference 2015* Copenhagen 6 Private Equity Conference The 8th Annual SuperReturn Middle East 2014* Dubai 8-11 SuperReturn Middle IV Moscow International Financial Forum* Moscow 10-11 Hansa Fincom V Anniversary international partnering forum, Life Sciences Invest. Partnering Russia* St. Petersburg 10 Medical-pharmaceutical projects. 21 century, St. Petersburg State Chemical- pharmaceutical Academy Russia Risk Conference 2015* Moscow 12 Cbonds Congress, PRMIA CNEWS FORUM 2015 Moscow 12 Cnews Conferences Robotics Expo 2015 Moscow 20 Smile Expo Discover ICT Ekaterinburg 24-26 LLC Finansova-analiticheskie sistemy XI annual conference: Retail in Russia* Moscow 24 Vedomosti Russian Financial Forum Moscow 26-27 Vedomosti Internet and Business. Russia Moscow 27-28 Ashmanov and partners, RAEC VI Russian M&A Congress* Moscow Cbonds congress 48
  49. 49. IN COOPERATION WITH 49 Event Calendar: December Event City Date Organizer Video conference: experience, technologies, prospects Moscow 1 CNews Conferences IREX – International Robot Exhibition 2015 Japan 2 Nikkan Kogyo Shimbun, Japan Robot Association (JARA) XIII Russian Bond Congress* St. Petersburg 3-4 Cbonds Congress German Private Equity Conference Frankfurt 5 RVCA III International conference on regenerative medicine* Skolkovo 11 Skolkovo Foundation, 3D bioprinting solutions company CeBIT Bilisim Eurasia 2015* Istanbul 17 Deutsche Messe * Events which may take place in 2016.
  50. 50. IN COOPERATION WITH Contacts We are very interested in the opinion of our readers, so if you are an investor, a venture entrepreneur or otherwise interested in Russia’s venture capital market, we will be most glad to receive your feedback and suggestions to help us improve our reports. Please send your feedback and suggestions to info@rmg-partners.ru The report was prepared by: RMG Partners is grateful to all those who helped in the preparation of the report 50 Arseniy Dabbakh Chief Executive Officer RMG Partners arseniy.dabbakh@rmg-partners.ru +7 495 668 13 00 Michael Demidov Expert, analyst michael@demidov.vc +7 499 390 88 19 Adrien Henni Founder, Editor-in-Chief EWDN editor@ewdn.com Olga Chapaeva Analyst RMG partners oc@rmg-partners.ru
  51. 51. IN COOPERATION WITH 51 Any information and opinions contained in this analytical document (hereinafter – the “Analytical Materials”) are published solely for informational purposes and are not and should not be construed as an offer or a solicitation of an offer to buy or sell any securities or other financial instruments mentioned herein. Any investments in securities or other financial instruments may be related to significant risks, appear inefficient or unacceptable for this or that category of investors. Any decision on investments in the securities and other instruments requires significant experience and knowledge in financial matters, and in issues of evaluation of risks and benefits related to investments in this or that financial instrument. The Analytical Materials may be used by investors in the Russian Federation subject to the laws of the Russian Federation. The Analytical Materials are not addressed to residents of the USA, UK, Canada, Australia, Japan and to investors in other jurisdictions, unless this is permitted to particular investors in special circumstances provided for by the laws of their home jurisdiction. RMG partners accepts no liability for use of the Analytical Materials by investors, who are not permitted to do so under the laws of their home jurisdiction. Information has been obtained from reliable sources and any opinions herein are based on sources believed to be reliable, but no representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of such information. Any opinions expressed are the opinion of specialists of RMG partners and subject to change without notice. RMG partners is under no obligation to update or correct any inaccuracies contained in the Analytical Materials. Neither RMG partners nor any of its directors, employees, agents, affiliates or licensees accept any liability for any loss or damage arising from use of the Analytical Materials. Investors should assume that RMG partners does or seeks to do investment business with any of the companies mentioned herein. RMG partners and its directors, employees, agents, affiliates or licensees may, from time to time, have long or short positions in, and buy, sell, make a market or otherwise act as principal or as agents in transactions on securities or other financial instruments related to companies mentioned in the Analytical Materials. The Analytical Materials may not be reproduced, redistributed or any other way used, in whole or in part, without the written permission of RMG partners . The license for commercial use of the image on the title page was acquired from Rangizzz through Stock Shutter.

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