The Skolkovo Digital Foundation, created for direct investment in fast-growing high-tech IT companies in Russia under the management of Skolkovo Ventures and iTech Capital with the participation of RVC capital, announced the acquisition of a stake in MAXIMUM Education, one of the leaders in the field of further education for schoolchildren.
An investment round totalling 390 million roubles will be held with the participation of current shareholders — international investment funds managed by CapMan and Russia Partners. Attracted funding will be aimed at accelerating growth and creating new educational products.
MAXIMUM Education is a full-cycle educational company with international experience in the field of creating educational systems and in preparation for standardized exams. The company was founded by Mikhail Myagkov in 2013 and is a resident of the IT cluster of the Skolkovo Innovation Centre. Their own and partner branches in Moscow, St. Petersburg, Yekaterinburg, Novosibirsk and another 20 cities of the Russian Federation, as well as a high-tech online platform, allow students from all regions of Russia to access high-quality educational products: preparation for standardized exams (USE, OGE), career guidance, learning English, digital skills, and school subjects. Today, MAXIMUM is more than 800 teachers, 130,000 students, 40 training programs developed by professional methodologists, and a high-tech online platform.
Skolkovo Ventures is an investment platform for attracting external financing, managing venture funds, developing and launching new financial products for fast-growing technology companies on the market. Established by the Skolkovo Foundation in 2017. The company operates several venture capital funds with a total volume of 5 billion roubles, created with the participation of capital of RVC, Russian Railways, IBS and other large corporate and private investors. It is a leader in the Russian market of investment banking services for start-ups and high-tech companies at the stage of growth.