Quintura Kids Quintura Cook Quintura Search


Русский | English

DFJ, VTB Group and RUSNANO To Set Up DFJ-VTB Aurora Fund

Files under: News
Posted by: Quintura @ 03:10 [8. 10. 09]

The Russian Corporation of Nanotechnologies (RUSNANO) and Russia’s second largest banking holding, VTB Group agreed to set up a $100 million venture capital fund DFJ-VTB Aurora. Each party will commit $50 million to the fund to be managed by VTB Capital and DFJ. The fund will invest in nanotechnology ventures in Russia and abroad as well as in development of Russian nanotechnology production industry.

Timothy Draper, a founding partner of Draper Fisher Jurvetson (DFJ) said that they are looking forward to bringing the experience of DFJ’s team in funding and helping start-ups to work with the VTB Capital and RUSNANO to give more Russian entrepreneurs the opportunity to bring these strong technologies to the global market.

Tags: , , ,