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 five years with the possibility of extension.
Investment sectors: biotechnologies, new materials, energy efficiency and information technologies.
The Fund provides from RUB 3 to 7 mln in the first investment round.
Investment decisions are taken by Investment Committee (Managing Board).