News provider Financial Times said Rusnano had provided the first tranche of $150m to build a Plastic Logic factory in Zelenograd, a town outside Moscow, and start a plastic electronics industry in Russia.
Russian Corporation of Nanotechnologies (Rusnano), a $5bn Russia state-backed venture capital company, has invested a reported $150m in US-based electronics company Plastic Logic to build in Russia its second factory.
News provider Financial Times said Rusnano had provided the first tranche of $150m to build the factory in Zelenograd, a town outside Moscow, and start a plastic electronics industry in the country.
Plastic Logic said it would continue to house its main research and development facility in the UK,…