Alexander Turkot (pictured), who resigned as director of Russia-based Skolkovo‘s technology entrepreneurial cluster, has launched a venture capital fund to raise up to $100m.

The fund has already received a commitment from Renova for “up to $50m,” Turkot told East-West Digital News. Renova is a diversified asset management and investment group owned by Skolkovo president and oil and metals oligarch Viktor Vekselberg.

Turkot’s fund intends to invest an average of $2m to $3m in series A and B rounds, focusing…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?