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…