The document provides a monthly report on technology investments and activity in Russia for May 2021. Some key highlights include: - Total funding for Russian tech companies was $322 million in the last 12 months. - The largest funding round was a $250 million Series D for IVI, an on-demand video streaming company. - New investors that entered the market in May include Marlin Equity Partners and invest-ag.ru. - Acquisitions of Russian tech companies in May included INGURU, Playkey, and KUPIVIP.RU.

1. TRACXN MONTHLY REPORT
MAY 2021
RUSSIA TECH

2. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Russia Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 6
Top Funded Business Models - last 1 year 7
Acquisitions 8
Recent News 9

3. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Russia Tech Snapshot – May 2021
Russia Tech: Snapshot – May 2021
Note : "Investors" refers to "Institutional Investors" only
3
$259M
3
Overall Geo Stats
3
3
8
13
4
Funding Rounds $ Invested Analyst Picks
Neiry!@#
New Investors
Marlin Equity Partners
invest-ag.ru
Series A+ rounds Active Investors IPOs Acquisitions
INGURU#@
Playkey#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Moscow
(3 Rounds, $257M)
Krasnodar
(1 Rounds, $1.4M)
$250M - Series D
IVI (2010, Moscow, $335M)
$7.3M - Series A
Neiry (2021, Moscow, $7.3M)
$1.4M - Seed
Broniboy (2017, Krasnodar, $1.4M)
- PE
ABBYY (1989, Moscow, )
Baring Vostok
(1 Investments)
Russian Direct Investment
Fund
(1 Investments)
Marlin Equity Partners
(1 Investments)
VTB Capital
(1 Investments)
OTT Video
IVI
Healthcare IT
Neiry
Food Tech
Broniboy
Logistics Tech
Market Size
Companies Covered 5,984
Funded Companies 1,115
Total Funding $4.7B
Funding in last 12 months $322M
Top Exits
IPOs 19
Acquisitions 122
Company Stage
Unicorns -
Soonicorns 9
Minicorns 66
Editor Picks 414
Series A+ 216
Series C+ 41
Acqui-Hires 1
Deadpooled 814
Top Cities
Moscow (661 Rounds, $3.5B)
St. Petersburg (57 Rounds, $74.6M)
Top Investors
IIDF (124 Investments)
Moscow Seed Fund (22 Investments)

4. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Russia Tech as of May 2021
Russia Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (May 2021)*
IVI
(2010, Moscow, $335M)
$250M - Series D Russian Direct Investment Fund
Neiry
(2021, Moscow, $7.3M)
$7.3M - Series A RVC
Broniboy
(2017, Krasnodar, $1.4M)
$1.4M - Seed
*Shows only the lead Investors

5. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Russia Tech in May 2021
Russia Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$250.0M - Series D
IVI (2010, Moscow, $334.5M)
On-demand video streaming solution provider
VTB Capital, , Baring Vostok, Flashpoint, Russian Direct
Investment Fund
LATE STAGE
PE
ABBYY (1989, Moscow)
Knowledge extraction and management technology for
internal documents
Marlin Equity Partners
EARLY STAGE
$7.3M - Series A
Neiry (2021, Moscow, $7.3M)
AI-based neural and cognitive activity monitoring
device for healthcare professionals
RVC
SEED STAGE
$1.4M - Seed
Broniboy (2017, Krasnodar, $1.4M)
Online restaurant discovery and food ordering platform

6. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Russia Tech in May 2021
Russia Tech: List of New Investors
6
Investor Company Info Round Amount Round Name
Marlin Equity Partners
14 portfolio companies | PE firm investing globally
ABBYY
Knowledge extraction and management technology for internal
documents
Undisclosed PE
invest-ag.ru
1 portfolio companies | Invest AG
IVI
On-demand video streaming solution provider
$250M Series D
kzpgroup.ru
1 portfolio companies |
Broniboy
Online restaurant discovery and food ordering platform
$1.35M Seed

7. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
7
Rank Business Model $ Funding # Rounds Top Funding Round
1 <> 0 Subscription Video On Demand $250M 2 IVI | $250M | Series D
2 -- Facial Biometric Systems $15.0M 1 N-Tech Labs | $15.0M | Series B
3 -- Facial Recognition $15.0M 1 N-Tech Labs | $15.0M | Series B
4 -- Truck Booking Marketplace $6.8M 1 Deliver | $6.8M | Seed
5 -- Audio Ad Network $6.1M 1 Instreamatic | $6.1M | Series A
6 -- App Based Retail Self Checkout Solutions $5.0M 2 Briskly | $3.0M | Seed
7 -- Employee Insurance Benefits Administration $4.5M 1 BestDoctor | $4.5M | Series B
8 -- Employee Healthcare Benefits Administration $4.5M 1 BestDoctor | $4.5M | Series B
9 -- Genomic Data Analysis Platforms $3.5M 1 ARNA Genomics | $3.5M | Series A
10 --
Healthcare IT > Provider > Clinical Operations > Decision
Support > Risk Profile
$1.8M 1 Webiomed | $1.8M | Seed

8. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Russia Tech in May 2021
Russia Tech: Acquisitions
8
Acq. Date Company Acquirer Deal Size
21 May 2021
INGURU(2009, Moscow)
Mobile-based comparison platform for life and P&C insurance
Moscow Exchange
26 May 2021
Playkey(2012, Moscow, $4.2M)
Cloud gaming technology provider
Mail.Ru
31 May 2021
KUPIVIP.RU(2008, Moscow, $136.0M)
Online retailer of fashion products
Yandex

9. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Russia Tech in May 2021
Russia Tech:News
9
Exit News
.
● Yandex to acquire Acropol Bank for obtaining license Seeking Alpha
.
● Moscow Exchange acquires banking and insurance marketplace East-West Digital
News
.
● Moscow Exchange acquires banking and insurance marketplace IntelliNews

10. Russia Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Explore more about Russia Tech on Tracxn Platform
Russia Tech: Explore more on Tracxn Platform
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