Statement from CEO

RVC TODAY

RVC is a state fund of funds and a development institution in the Russian venture capital market, one of the key state instruments for building a national innovation system.

RVC’s mission is to create a mature venture capital market through the consolidation and development of resources, competencies and initiatives on the part of investors, investment portfolio managers and entrepreneurs so as to create and promote innovative products and technologies in priority technology areas, making Russia a leader in the global technology market.

RVC’s strategic goal is to become, by 2030, an important player in the international venture capital market comparable to European funds of funds in terms of its scope of operations, to support Russian entrepreneurs operating in priority technology areas, and to efficiently transform potential in various fields of science and technology into innovative technologies, products and services.

RVC’s key performance indicators as of the end of 2017

26 funds operating as of 2017
35.28 RUB billion the total value of RVC-backed funds as of the end of 2017
221 portfolio companies approved for investment during RVC’s operation
18.1 RUB billion of approved investments into portfolio companies
Distribution of investments by funds created with RVC’s capital by sectors of the economy for 2007–2017, %
≈5,000 employees work in project companies that have received investments from RVC-backed funds
302 Portfolio companies approved for investment during RVC’s operations as of the end of 2017 (taking into account exits projects)
13 new portfolio companies were approved for investment by RVC-backed funds in 2017
671 patents obtained by portfolio companies of RVC-backed funds as of the end of 2017
USD 44.61 million the export value of portfolio companies of RVC-backed funds in 2016
 
46 exits as of the end 2017
 
Allocation of RVC’s investments by priority areas for modernization of the technological development of the Russian economy for 2007–2017 (of the amount of approved investments), %
Distribution of investments from funds created with RVC’s capital by federal districts for 2007–2017 (of the amount of approved investments), %
 

Statement from the Chairman of Board of Directors