10-15 new venture funds to appear in Russia

10-15 new venture funds to appear in RussiaRussian Venture Company is planning to invest up to 10B roubles in the project for creating 10-15 venture funds. This information was confirmed by Investment and Expertise Director of RVC, Yan Ryazantsev.

He also mentioned that the board of directors of RVC decided to create a road map of venture investments in Russia: Our board of directors stated that the rates of venture investments in Russia began to decrease, therefore the whole Russian venture market needs “rebooting”.