KAMA FLOW together with LCH.LEGAL and accelerator FRII summarised the results of 2024, highlighting the key trends and events that have shaped the development of the venture capital market, as well as changes in legislation that have influenced its transformation.

Key findings:

- A high key rate and a decline in the number of professional investors have changed the dynamics of deals, but Russian technology companies are showing resilience

- The growth of IPOs of small and mid-capitalisation companies and the intensification of M&A deals give hope for the market's development in 2025.

- IT solutions for business, medtech and industry-specific applications of AI remain promising

- Legal factors affecting investors and business owners:

- New tax rules and corporate law changes require adaptation of strategies and attention to transparency in transactions

- The 2024 jurisprudence has brought additional certainty to the regulation of privatisation and anti-corruption disputes

Read the full study in our Telegram channel at https://t.me/kamaflow/608.