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VEB Ventures is a company of the VEB.RF group, created to support high-tech projects through direct transactions and venture capital fund management. Among the priorities of VEB Ventures are financing promising companies using their own funds, private and public funds, as well as assisting Russian startups in entering international markets.
The company offers projects not only venture capital investments, but also operational management support tools, as well as access to financial products of VEB.RF Group companies. This allows us to formulate support schemes for Russian innovative companies taking into account their individual needs, including to facilitate access to international markets.
In 2019 at the St. Petersburg International Economic Forum, the investment subsidiary of VEB.RF – VEB Innovations announced a rebranding and a new strategy. Now the company is called VEB Ventures, and according to the new strategy, it will focus on investing in companies through direct transactions, as well as through joint venture funds with corporations and other market players. According to the new strategy, by 2024, the amount of investment will be 36 billion rubles (450 millions dollars).
