North West | Finance, business | Technology & innovation

RVC Infrafund and partner invest in St. Pete’s VChemTech incubator

16 Jan '14
The RVC Infrafund, an RVC investment arm to support infrastructure projects, has in partnership with Bargan Venture invested in VChemTech, a St. Pete-based incubator nurturing projects from St. Petersburg State Institute of Technology, the Russian Venture Company (RVC) website announced.

Any investment amount has yet to be specified.

The two partners’ investment will be used to improve project selection and development, promote the incubator’s innovation technologies, and link its residents up to potential customers.

The VChemTech business incubator focuses on projects in the fields of energy efficiency, IT and telecommunications, nanotechnologies, microelectronics, instrumentation, and biomedical devices.

“VChemTech is the RVC Infrafund’s first investment in a mechanism of technology commercialization in a Russian university whose core activity is doing fundamental research,” said Alexander Loktev, the CEO of the RVC Infrafund.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Locations: St. Petersburg

Tags: RVC Infrafund (17) / VChemTech (1) / Bargan Venture (0) /

Latest News: North West
26 Jun '20 | Industry, manufacturing | Technology & innovation
24 Jun '20 | Technology & innovation
22 Jun '20 | Energy, utilities | Technology & innovation
18 Jun '20 | Technology & innovation

Feature stories

21 May '20
Russian and Italian researchers have developed a...
5 Apr '20
To extend the service life of medical fabric masks—an...
26 Feb '20
A Russian developer has come up with its own...
Search (News archive - 22079)

World of the Future, World of AI

Luc Jones: A Guide to Doing Business in Russia and the CIS Countries
Why Russians Don't Smile
Marchmont News

Latest News

8 Jul '20
Federal authorities consider authorizing Russia’s...
6 Jul '20
52 start-ups joined in June the Go Global...
3 Jul '20
A California-based start-up of Russian origin raised...

Most read stories from last week

6 Jul '20
52 start-ups joined in June the Go Global...
7 Jul '20
Former Chechen Prime Minister and top manager of...
8 Jul '20
Federal authorities consider authorizing Russia’s...