In 2012, business angels, who had previously invested into early stage technological companies themselves, founded Amalthea Capital Partners (ACP) private Seed Fund. The fund's foundation permitted the consolidation and arrangement of this activity on a professional basis. Since December 2014, the fund has worked under the investment partnership principle, having unified its own assets, the investments from RVC Seed Fund and from MSU Scientific Park.
ACP fund invests, not only money into the projects, but experience of its partners, in developing high tech companies from prototype to income-earning as well, assists in the arrangement of functioning businesses, solves routine problems of innovative companies. As the fund's partners possess the greatest competencies in Software Development (B2B), Engineering, Hardware and Software Systems and New Materials Area, ACP investment focuses is in these areas.
Usually ACP is the first investor in a project, investing RUB 4 to 8 mln., in exchange for a minority interest in the company. Being a commercial company, the fund aims at income earning: the partners must secure an attractive ratio of profitability to risks, in the capital market, for its investors, as well as taking care of long-term ACP development. The fund's portfolio companies actively use support programs from the development institutes, therefore actually all the transactions take place in Russia.