Kanunnikov Alexey
Representative of the RVC Seed Fund LLC
Government fund of funds
Development institute of the Russian Federation
Development institute of the Russian Federation
Venture Fund Accelerator IPA (HaxVentures Seed Fund)
About the Fund
Venture Fund Accelerator IPA in the sphere of hardware 2.0 HaxVentures was created in February 2015 as an investment partnership. The representatives of RVC Seed Fund, DI-Group and HaxAsia Singapore Accelerator make up part of its Investment Committee. The managing partner within HaxVentures is DI-Group. The Fund invests in hardware 2.0 early stage projects, including:
- portable and embedded devices
- augmented and virtual reality technologies
- man-machine interfaces
- Other projects within the range of the Internet product
Through partnership with HaxAsia, the companies will be able to take part in an accelerator program. The purpose of the program is to prepare and develop projects from prototypes to finished products, bring them to the stage of mass production or release of a pilot batch, facilitate entry to the global market, and test consumer demand through crowd funding on IndieGoGo. The planned amount of investments into one project is between RUB mln up to 15.
The Fund's size is RUB mln 133.4. The investment period of HaxVentures is 4 years. It is allowed to increase the Fund's capital before the expiry of the investment period.