Venture Capital in Russia? Da!

Tamir Fishman Ventures, Israel’s partner of DFJ,  has completed fundraising round of 2 billion Rubel, which are ecquivalent to $72 million USD. Half of the money was raised from the Russian goverment, and the majority of the remaining sum was led by CIG, part of the MyBank  group in Russia, as well as private investors. The round falls $28 million short from its original target set in June, according to the Israeli media.

The new fund will be called Tamir Fishman-CIG Venture Fund and will invest in technology ventures in Russia. Tamir Fishman’s chairman and CEO Eldad Tamir sees Russia as the largest business opportunity in Europe right now. In an interview to Calcalist he said: ” Russia has a tremendous scientific potential, with advanced research and high education”.  Tamir also sees a tighter cooperation between Israel and Russia, given the high number of Russian speakers in Israel.  Tamir Fishman-CIG Venture Fund will start investing in Q2 2009.

Eze Vidra
Follow me

Eze Vidra

Chief Innovation Officer at Antidote
Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Ezewas a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google's first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He's an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.
Eze Vidra
Follow me

Eze Vidra

Eze is the Chief Innovation Officer at Antidote, a startup helping patients search and match to clinical trial, to accelerate medical breakthroughs. Previously, Eze was a General Partner at Google Ventures Europe. Before GV, Eze founded and led Campus London, Google’s first physical hub for startups, and was the Head Google for Entrepreneurs in Europe. He’s an experienced product manager and startup mentor. In 2012 Eze founded Techbikers, a non-for profit supporting children education in developing countries.