Kirill Varlamov serves as the General Partner (also cited as Executive Director) of the Internet Initiatives Development. See sector focus and contact routes.
Kirill Varlamov serves as the General Partner (also cited as Executive Director) of the Internet Initiatives Development Fund (IIDF), Russia’s most active venture capital fund and accelerator, which he has led since its launch in 2013 by the Agency for Strategic Initiatives. IIDF follows a generalist investment thesis targeting pre-seed, seed, and Series A stages across all IT, software, and services sectors, explicitly excluding gaming and pure e-commerce while supporting services for those industries. The fund typically provides checks ranging from $100,000 to $3 million and participates in follow-on rounds to accumulate stakes in successful companies as they grow. Notable portfolio companies include Promobot, the robotics manufacturer; PM&HM; Brandquad; and Texel, reflecting IIDF’s track record of over 450 investments. Varlamov distinguishes IIDF as an “evergreen fund” that reinvests most exit capital rather than operating as a closed-end vehicle, a rare structure globally that supports continuous portfolio growth. He is a Kauffman Fellow and previously co-founded and served as CEO of NAUMEN, a leading Russian business software vendor recognized a
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