Central regions | Technology & innovation | Finance, business

Russian Venture’s VC funds prioritize biomed, $83m invested

24 Nov '11
Venture capital funds, in which Russian Venture Company (RVC) has major stakes, have invested about $83m in biotech and medical equipment projects so far, RIA Novosti reports, citing RVC CEO Igor Agamirzyan.

According to Mr. Agamirzyan, biomed is a priority for all RVC-spawned VC funds.

The funds have invested a total of $280+m in all technology projects, he added.

Russian Venture Company is a government-owned ‘fund of funds’, one of the Russian government’s key instruments in creating a new innovation economy.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Latest News: Central regions
24 May '12 | Technology & innovation
24 May '12 | Technology & innovation
23 May '12 | Technology & innovation
 

Feature stories

24 May '12
21 May '12
Scientists from Kazan National Research Technological...
16 May '12
Search (News archive - 17819)
Advertising
InvestecUSA

Latest News

24 May '12
Russia and Italy may sign an agreement on...
24 May '12
Micron's card platform has been approved for use in...
24 May '12
RVC and US’ Computer History Museum have launched a...
Kendrick White starts with this series of postings sharing his thoughts of where, in his opinion, Russia should go to reinvent itself.

Most read stories from last week

21 May '12
Scientists from Kazan National Research Technological...
22 May '12
Tomsk SEZ’s Solveig Multimedia has developed media...
22 May '12
Omsk region government and Titan group will create...