A USD 200 mln-in-commitments fund called VGF Emerging Market Growth I LP has been launched by RUSNANO Capital, Virgin Green Fund and Virgin Group. The primary targets will be resource efficient, renewable energy companies operating in Russia, CEE and Turkey. The fund will focus on equity and buyout opportunities in mid-cap firms in this sector. [...]

Investments in Russian e-commerce portals are still trending as Zoom Capital pumps USD 30 mln into Vseinstrumenti.ru, a site offering retail sales of domestic and industrial tools and appliances. The site, the name of which means ‘all tools’ in the Russian language, is part of the new crop of emerging online retailers that have a dominant [...]

Russian nanotechnology group Rusnano has led a USD 40 mln round of financing for Lilliputian Systems, a maker of portable power solutions for electronic consumer goods. Previous investors in the company include high-profile names like Intel Corporation, Atlas Venture, Fairhaven Capital and Stata Venture Partners, among others. Lilliputian’s first product, the USB MPS (mobile power [...]

100% State-owned Russian VC fund RUSNANO has made a successful exit from its investment in erstwhile portfolio company IRE Polus, a part of the world leader in fiber lasers – IPG Photonics.

Aquantia, Eastern Europe’s industry leader in high speed ethernet connectivity products for computing in the Cloud, has completed a series F round of financing for USD 35 mln. Leading the existing investors in this round is new investor Rusnano, whose share of the funding is USD 25 mln, and who deemed Aquantia the only such [...]

In what could turn out to be a nanotechnology-driven investment spree, RUSNANO this week led and closed a USD 79 mln round of investing in Quantenna Communications. The round was participated in by another new investor, Bright Capital. Other participants are all older investors: Sequoia Capital, DAG Ventures and Sigma Partners are among six other [...]

RUSNANO has recently added to its nanotechnology portfolio with a EUR 25 mln investment in Beneq, Finland-based manufacturers of thin-film and specialized functional coating equipment and technologies. The investment was made in the form of share purchases and capital injection, and will be used to expand the company’s activities as well as focus on markets [...]

Rusnano has tied up with US healthcare specialist venture firm Domain Associates to co-invest up to USD 760 million to set up a medical device manufacturing and pharmaceutical facility in Russia, invest in US healthcare technology companies, and manage clinical trials of new drugs relevant for Russia. Rusnano is expected to commit USD 330 million while Domain’s [...]

Rusnano, the Russian Federation’s USD 10 bln fund, is leading the field in the D series fund-raising for Selecta Biotech. The biopharmaceutical company will use the USD 22 mln round of funding to develop its research and development facilities, and expand the reach of its synthetic vaccine particle. An additional funding of USD 25 mln [...]

Rusnano, the Russian nanotechnology investment firm, has agreed to provide USD 15 million of the USD 22 million investment round in SiTime Corporation. Money from the investment round will be used to establish a new facility in Russia which will focus on designing a new generation of MEMS oscillators. SiTime is also funded by New [...]

American biotechnology company BiOptix has announced the successful close of a second round of financing led by a most unusual investor: the Russian Corporation of Nanotechnologies. RUSNANO, which provided USD 4.5 million of the USD 9 million series B round, was joined by Peierls Foundation, Boulder Ventures, and a handful of private investors. The deal [...]

During a regularly scheduled session last month, the Supervisory Council of RUSNANO (the Russian Corporation of Nanotechnologies) approved funding for seven new projects, including investment in the newEuroTech Transfer Fund. RUSNANO will join with UniCredit Group in providing financing of up to USD 250 million to the fund whose target size is USD 500 million. UniCredit Group [...]

Plastic Logic, a U.S.-based electronics technology company, announced an investment deal in November 2010 which would give the Russian Corporation of Nanotechnologies (RUSNANO) a 25% stake in the company. The value of RUSNANO’s investment was recently revealed to be USD 150 million. Further details of the deal indicate that RUSNANO will also help Plastic Logic [...]

The Russian Corporation of Nanotechnologies (Rusnano) has agreed to an investment in RMT, a Russian maker of thermoelectric cooling systems. Rusnano will invest RU 150 million in the project which was first proposed by RMT officials. A co-investment of unknown value will also be provided by Russian venture capital investor S-Group. Rusnano officials cite the [...]

RusNano, the Russian nanotechnology investor established in 2007, has decided to infuse RUB 155 million into a new program aimed at developing tagged neutron detection systems. DViN, the applicant for approval of the project by the Supervisory Council of the Russian Corporation of Nanotechnologies, will contribute undisclosed intellectual property. The scientific base will come from [...]

Britain’s Plastic Logic is raising eyebrows in the U.K. business community after it was revealed the company was engaged in advanced-stage talks with Russia’s sate-owned Rusnano. The talks are believed to be aimed at a cash infusion which would give Rusnano a controlling stake in Plastic Logic. Of concern in the U.K. is the fact [...]

Russian banking giant VTB Group is teaming up with The Russian Corporation of Nanotechnologies (RUSNANO) and American private equity firm Draper Fisher Jurvetson (DFJ) to launch a new fund for Russian investment. The new fund, named DFJ-VTB Aurora, will start at USD 100 million with VTB and RUSNANO contributing USD 50 million each. DFJ and [...]