The volume of risk investments in 2024 doubled

Last year, 14 IPO (primary public placements of shares in companies for investors) were carried out, of which eight were technological. More accommodations were only in 2017-18. The average risk investor control last year increased 2.2 times, to $ 1 million.

In 2024, the “Apogeo” of fusion and acquisition transactions (M&A) was observed: 84 (64 in 2023), large companies bought new companies to strengthen positions in the field of innovation.

The most active risk investors were the Voskhod Foundation, the Moscow Wendular Fund, Freei, Malina VC, Kama Flow and Iskra Ventures, and the B2B software headed by the industrial qualification (rental of access to the software).

As explained as part of the presentation DSIGHT founder arrest Dubbach2024 became a period of moderate restoration of the Russian risk market. An increase in investment by 108% indicates a gradual yield of interest in risk capital, and OPI’s record number in the future “stimulates the creation of new funds and the reinvestment of IPO becomes again to the market of risk”.

According to the expert, one of the key growth promoters was the development of investment platforms and investment unions, which contributed to the expansion of access to capital for new companies.

Bsf Partners Investment Bank S, Anna Morozova, He associated activity in the risk market with a high key rate of the Central Bank.

“The money became so expensive that business growth has slowed down drastically, because a large proportion of expenses is the payment of interest in the funds provided. Without a financial shoulder, it is extremely problematic to grow and develop a business. It is easier for technology companies, but if we are talking about the OPI market, this is not just technological companies. Therefore, it is precisely the participation of investors that remains possible to grow: from angels and private funds to entering the public market, ”said the expert.

In 2025, analysts predict the additional restoration of the risk market, even in the context of forecasts to normalize the geopolitical situation and a possible elimination of some sanctions.

“The decrease in global risks, the possible end of the military conflict and the restoration of economic ties can contribute to the influx of new capital and the growth of the number of public transactions,” said the presentation of the Eurasia company.

Experts estimated the 50% risk market growth potential per year in the next two years.