Currency:

23.07.2018

 Currency - RUR

Basic Indexes:

23.07.2018

DJIA 0.00 0.00 0.00
NASDAQ 0.00 0.00 0.00
RTSI 0.00 0.00 0.00

18-07-03

НГСХА-баннер

New fund to back U.S. start-ups as they enter Russian market

Home » News Archive » New fund to back U.S. start-ups as they enter Russian market
07.05.2018
USA

FortRoss Ventures, an international VC fund of Russian origin, has closed a $200m fund to support U.S. start-ups that are seeking ways into the Russian market, VentureBeat reported

The fund will focus on fintech start-ups and also ones that develop solutions in the field of artificial intelligence, cyber security and e-commerce.

The venture capitalists will not only invest in start-ups but also offer consulting services to help international companies better adapt to Russian business and general culture and to the intricacies of Russia’s political and financial reality, the fund management believes.

FortRoss Ventures Partner Anurag Chandra thinks “the potential for U.S. start-ups in Russia is incredible.”

In November 2017, FortRoss Ventures pooled efforts with Sberbank, the national savings bank in Russia, and the government-owned Internet Initiatives Development Fund (IIDF, aka FRII) in their joint Global Pitch platform program aimed at helping Russian start-ups get a foothold in the global markets.

Source: Marchmont

   
Back to top
18-07-03-2

We’re excited to announce that our second annual international forum #BlockchainLife 2018 will take place on the 7-8th of November in Saint-Petersburg!

Read more
Poll

Do you think that a major breakthrough of Russian technologies in one of the areas of the World economy is possible?

Загрузка ... Загрузка ...
Subscribe
  • Подписка на рассылку / Subscribe to Newsletter

    Ваша почта / Your e-mail

Information Partners

Баннер_РБК_02

Zhiguli-Valley-bunner

Ankudonovka

Sarov

Logo_marchmont_rectangle_red

logo_rabota_ru_160x38

НТА-Приволжье

clever

бизнес-движение колесо

Копия Логотип МОЗГОВО

icann bunner 1

Jooble