Company Information

Get to know Internet Initiatives Development Fund (IIDF)

Founded in 2013 on the initiative of the President of the Russian Federation, the Internet Initiatives Development Fund (IIDF), also known as FRII (ФРИИ), is the most active venture capital fund in Russia. Its mission is to foster the development of the Russian technology and internet entrepreneurship ecosystem. IIDF provides investment, expert support, and acceleration programs to promising startups, primarily focusing on seed and pre-seed stage companies in sectors like IT, SaaS, AI, and digital medicine. The fund has invested in hundreds of startups, building one of the largest early-stage portfolios in Europe.

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Internet Initiatives Development Fund (IIDF)

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Founded in

17 7月 2013 (13 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.