High Tech Seed Fund Investment Partnership was created on December 18, 2013 engaging TONAP-Venture LLC (25.15%) and RVC Seed Fund LLC (74.85%) to invest into Russian innovative companies with a high growth potential into Russian and foreign technological markets.
Tasks of the Fund
The main tasks of the Fund:
Development of the pre-seed and seed investment sector.
Development of regional projects;
Acceleration of development of the real economy sectors;
Provision of informational support to projects
Basic parameters of the Fund
The volume of funds managed by the Fund is RUB 133,6 mln.
The period of operation is 8 years with the possibility of extension.
Investment sectors: biotechnologies, new materials, energy efficiency and information technologies.
The Fund provides from RUB up to 15 mln in the first investment round.
Investment decisions are taken by Investment Committee (Managing Board).