Fiber optic monitoring systems
The fund was established under the instruction of Nursultan Nazarbayev and Dmitry Medvedev with a view to develop innovations in Russia and Kazakhstan. Target Capitalization of the Fund is USD 100 mln.
Anchor investors of the Fund included RUSNANO and Kazyna Capital Management JSC. The managers - VTB Capital and I2BF Global Ventures shall additionally attract funds from private investors from USD 50 mln. up to USD 100 mln. Funds will be invested in projects within Russia and the Republic of Kazakhstan on a parity basis. Core business of the Fund includes introduction of nanotechnologies in the economies of two countries, ensuring the transfer of advanced technologies, development of innovative activity of private capital.
Life term of the Fund is 10 years.