DFJ VTB Capital Aurora Innovation & Nanotechnology Fund, a $100 million fund that is 50/50 financed by RUSNANO and VTB Capital and is managed by VTB Capital, has invested in nanotechnology start-ups: US/Russian Rolith and German/Russian SmS Tenzotherm, reported newspaper Vedomosti.
DFJ VTB Capital Aurora has led a $5 million round of financing in Rolith. Other investors included Asahi Glass Company of Japan. Rolith raised seed funding from Asahi in 2010.
Founded in 2008, Rolith develops nanostructured coatings for solar energy, green building, solid state lighting and efficient display products using a proprietary nanolithography technology. Rolith, Inc. is headed by the founder and CEO Boris Kobrin. He has PhD in Physics from the Institute of Chemical Physics in Moscow.
DFJ VTB Capital Aurora has invested $6 million in SmS Tenzotherm. Dortmund, Germany-headquartered, SmS Tenzotherm was founded by Vladimir Kaminski (Ioffe Physical Technical Institute, St. Petersburg) and Dmitri Yakovlev (Technical University, Dortmund). SmS Tenzotherm develops strain gauge sensors based on samarium sulphide.
See a list of top 10 Russian venture capital investments in 2012.