The Infrastructure Fund of the Russian Venture Company (Infrafond RVC) To Leave the Portfolio Company Pulsar Ecosystem (Pulsar Venture Capital). This was reported to Rusbase in the press service of the Infrafond RVC.
Investor Alexei Solovyov published the annual study of the Russian venture capital market “Venture Barometer 2019”. In partnership with RVC, the expert analysed the leading industry events, the interests of investors and learned their opinion about the necessary conditions for market growth. Inc. cites key findings of the work.
In an interview with Kommersant, Alexander Povalko, General Director of Russian Venture Company, talks about new tools for developing end-to-end technologies and competition in the global innovation market.
The operator of the venture fund, which will finance high-tech projects in the Far East in the early stages, will be the Far Eastern High-Tech Fund, which supports larger-scale innovative projects in the macro-region.
The Russian venture capital market is becoming more mature and is waiting for the emergence of new players — late-stage funds. At the same time, the inexplicably high cost of some start-ups indicates the presence of a market bubble.
Private investors who supported Bell Telephone and Ford Motor in the late 19th and early 20th centuries did not know that they would be called business angels afterwards — this term appeared only in 1978. But seed funding for giants such as Intel, Dell, Microsoft, Apple, and Amazon was clearly called angelic.
The market for venture transactions in Russia for six months of this year grew by 161% compared to the same period last year, according to the annual review of the Russian venture industry “MoneyTree: venture capital market navigator” for 2018 and the first half of 2019, presented by Russian Venture Company (RVC) and PwC.
Alexey Basov, Deputy General Manager, Investment Director of Russian Venture Company (RVC), told in his interview to Interfax that industrial and corporate venture foundations will be developed in the near future, about the imbalance between “early” and “late” investments and of the prospects of RVC additional capitalization.
The fund, established by RVC and Rusnano, plans to invest up to RUB 500 million for creating the digital platform based on the only regional Almazergienbank in Yakutia. The fund does not exclude the further equity investment.
RBV Capital funds (the fund’s investors are the R-Farm and RVC group of companies) and Digital Evolution Ventures (Orbita Capital Partners management company) with the participation of Primer Capital and ExpoCapital funds invested RUB100 million to the artificial intelligence platform in the area of health care Botkin.AI, the development of which company Intellogic is engaged in.