RZhD JSC (Russian Railways) has signed an agreement on investing 300 million rubles in the industrial venture fund managed by Skolkovo-Venture Investments LLC. The document was signed by Andrey Starkov, Deputy General Director of RZhD JSC (Russian Railways), and Vasily Belov, CEO of Skolkovo-Venture Investments LLC.
The investment in Venture Fund of Skolkovo — Industrial I is part of comprehensive efforts carried out by RZhD JSC (Russian Railways) to introduce innovative domestic technologies for the industry modernization and improving its efficiency.
RZhD JSC (Russian Railways) along with the Fund will be analyzing and picking the latest technologies and solutions for investing, which includes such sectors as alternate supplies for rolling stock and infrastructure, unmanned facilities and technologies for monitoring the infrastructure state, technologies for monitoring and modeling the infrastructure operational lifetime, IT-platforms for client services concerning cargo and passenger transportation, and optimization systems for transportation and logistics chains considering the synchronization of transport and warehouse system.
Venture Fund of Skolkovo – Industrial I established in 2017 by RVC and Skolkovo-Venture Investments is the first industrial multi-corporate venture fund in Russia. RVC with 1.5 bln rubles invested is an anchor investor of the fund. The Fund is aimed at funding resident companies of Skolkovo Foundation and the National Technology Initiative (NTI) in the field of Industry 4.0. The fund's technological focus is aimed at developments in the following spheres: robotics, additive technologies and advanced materials, unmanned technologies, smart energy, predictive analytics and Industrial Internet of things. The target amount of the venture fund is 2.5-3 bln rubles.
Andrey Starkov, Deputy General Director of RZhD JSC (Russian Railways):
Vasily Belov, CEO of Skolkovo-Venture Investments LLC:
Alexey Basov, Deputy Director General – Investment Director of RVC: