Troika launches technology venture fund
Troika Ventures, backed by parent company Sberbank of Russia, has launched a $100m technology venture fund.
Investors
Sberbank has committed $100m to the fund. It is looking to increase the fund size to $500m alongside international LPs.
Investments
Troika Ventures will invest in high-tech companies and projects within and outside of Russia. Investments will be applied to Sberbank Group's operations, thereby making it a consumer of, as well investor in, the technologies. It has also offered support to future portfolio companies from its Technology Research Centre.
More on CEE
VC Profile: Kogito Ventures in the market with new early-stage fund, targets EUR 40m
Lux-registered UPWIND VC has already secured EUR 10m in commitments; Polish GP aims to kick of deployment in 2024
Innova exits Trimo for 4.5x money
Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process
Abris buys dentistry supplier Dentstore
Dentstore is Abris's third acquisition in the dental supplies sector, after Dentotal and Dentechnica
TEP Capital to build portfolio of six Polish investments
Poland-based TEP Capital was set up a year ago and is funded by German conglomerate Thomas Gruppe
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds