BRICS Russia startups are being offered unprecedented access to Chinese markets and investment opportunities through Moscow’s upcoming international summit from October 1-2. The event will bring together over 600 investors, and it connects BRICS China startups with Russian financial networks. This BRICS startup event represents a strategic effort to strengthen technological partnerships between member nations right now.
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Alexander Vedyakhin, who serves as Sberbank’s first deputy chairman of the Executive Board, has been quite clear about China’s appeal for startup expansion at the time of writing.
Vedyakhin said:
“China is undoubtedly a very attractive market for startups, bringing them unique opportunities for scaling and developing tech businesses.”
The Chinese government has been supporting national technologies through substantial subsidies that target robotics and also artificial intelligence sectors. Expected direct subsidies will exceed $20 billion in 2024 for developers working on humanoid robots and AI ventures, and this creates opportunities for Russian startups to access funding.
Vedyakhin was clear about the fact that:
“China consistently ranks third globally alongside the United States and the United Kingdom in terms of VC invested. These three countries topped VC deal volume rankings in 2024.”
Venture Capital Recovery Benefits BRICS Nations
The global venture capital landscape has been stabilizing after pandemic-era fluctuations, and this recovery benefits BRICS startups who are seeking international investment opportunities right now.
Vedyakhin said:
“The global venture capital reached record levels of $643 billion in 2021, but by 2023 it halved due to investors’ sharply diminished risk appetite. By 2024, the market stabilized — with total transaction volume hitting $330 billion, showing initial signs of recovery.”
He also noted that the first half of 2025 demonstrated a 25 percent year-on-year growth, which creates favorable conditions for China startups expansion into new markets.
AI Focus Drives Summit Agenda
Generative artificial intelligence has emerged as the dominant investment trend, and nearly one-third of all VC allocations in 2024 were directed toward AI-focused startups. This trend benefits Russia startups that are developing AI solutions right now.
Vedyakhin stated:
“Generative AI emerged as the dominant trend — nearly one-third of all VC allocations in 2024 went to AI-focused startups, with sectoral investment growing by over 80 percent. The first six months of 2025 reinforced this trend.”
The technology sector is becoming multipolar, and capital flow destinations matter more than deal volumes at this time.
Summit Creates Direct Business Connections
The Moscow summit facilitates tangible business outcomes for participating BRICS startups through structured networking and also investment opportunities.
Vedyakhin had this to say:
“Our agenda includes tangible mechanisms — startups will receive pilot project proposals and investment offers; corporations and investors will connect with promising projects; public officials will discuss international initiatives, possibly including collaborations with Chinese counterparts.”
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Sberbank’s Sber500 seed accelerator program demonstrates international appeal, with 13 percent of participants choosing China for overseas expansion.
Vedyakhin noted:
“Among Sber500 seed accelerator program, 13 percent chose China for their overseas expansion efforts. Last year, China ranked top 10 internationally for founders submitting applications to Sber500.”
Over 150 speakers will participate in sessions, and a tech exhibition will showcase both startup and corporate solutions. The grand finale will feature the Startup Summit Awards ceremony.