PwC and the Russian Venture Company Reveal Russian Venture Capital Market Grows by 48%
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Mardi, novembre 13, 2018
As in 2016, the total size of the venture capital ecosystem amounted to USD 410 million.
Key Points:
- As in 2016, the total size of the venture capital ecosystem amounted to USD 410 million.
- PwC and the Russian Venture Company (RVC) are presenting the seventh annual review of the Russian venture industry, MoneyTree: Venture Market Navigator (MoneyTree: Russia), for 2017 and the first half of 2018.
- However, grants constitute non-marketable sources of funding and are not taken into account when determining the venture capital market volume.
- The Russian Venture Company is a state fund of funds created to develop the venture industry in the Russian Federation.