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Russia's venture market 2021: explosive growth in the face of the pandemic

📌From an 18% slump to just $704m in 2020 to an impressive rise to $2.4bn, total investment soared a noticeable 3.5 times last year. The number of deals moved up just slightly in the process to 311 (from 279 a year before).

📌Investors shaking hands on deals worth more than $100m each was another facet that helped shape the year 2021. There was none in 2020; in 2021, Dsight analysts identified eleven such deals worth a total of $1.2bn, accounting for 50% of the overall market.

📌The winner in the race for investor hearts was a social network for traders called TradingView, beefed up in October by a Tiger Global Management led consortium with a weighty $298m.

📌The runners-up that ended up the year with $250m each were the streaming service ivi, the ClickHouse database management system, and the cyber security company Acronis.

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