The corporate venturing delegation to Moscow in October, organised by Global Corporate Venturing, state fund of funds Russian Venture Company (RVC), and technology accelerator Global Venture Alliance, found that despite an economy challenged by the weak oil price and the troubled ruble, together with sanctions imposed by the EU and the US, there was a vibrant venture community, while government support of innovation continues apace.
RVC launched three new funds in 2015 and now has 21 venture funds. It approved…
