RVC Seed Fund and Rusnano to take part in Ceramic Transformer
17 Aug '11
The Russian Venture Company Seed Fund is and state-owned nanotechnologies development company Rusnano are to take part in realization of innovative project Ceramic Transformer on development and selling technology of production of dry power transformers with ceramic insulation and high power capacity of up to 4 MVA, innovative and venture news site UNOVA reports citing RVC.
The project budget has yet to be disclosed.
Another participants in the project are SIGM.Innovations group of companies and closed venture investment fund Advanced Technologies under management of the managing company SM.art.
According to Aleksey Teleshev, the director of the RVC Seed Fund, the project “is to be carried out at premises of the nanomaterials cluster of the nanotechnological center Sigma in Novosibirsk, resulting in no need to purchase expensive equipment and, thus, lower project realization cost.”
The project is to allow creation of a new type of dry transformers, that combines in itself the best parameters of dry and oil transformers with the cost of oil transformers.
“Our technology can successfully replace technologies of companies Siemens, Schneider Electric, Tesar and others, that are used in Russia in production of dry power transformers,”Vladimir Stepanchuk, the managing director of the company SIGMA.Innovations, said.
Dmitry Pimkin, the managing director of Rusnano, in his turn, noted that his company intends to provide support to the Ceramic Transformer project at all development stages.
Russian Venture Company Seed Fund, Ltd was established on 22nd of October 2009 in furtherance of the Russian Venture Company Strategy. Seed Fund founding members are Russian Venture Company (99%) and Foundation for Assistance to Small Innovative Enterprises (1%). The Seed Fund is focused on investing into Russian innovative companies with high growth potential on Russian and foreign technology markets.