Regional report: Russia
The corporate venturing delegation to Moscow last month, organised by Global Corporate Venturing (GCV), state fund of funds Russian Venture Company (RVC), and technology accelerator Global Venture Alliance, found that despite an economy challenged by the weak prices of oil and the ruble, together with sanctions from the EU and US, there is a vibrant venture community, while government support of innovation continues apace.
RVC launched three new funds in 2015 and now has 21 venture funds. They approved 191…
