Russian Venture Company (RVC)

State owned fund of funds established in 2006 for the development of the Russian venture capital market.

Within the framework of the reform of the development institutions, in 2021, RVC became a part of the Russian Direct Investment Fund (RDIF), the sovereign wealth fund of the Russian Federation.

RVC is investing in venture funds focused on investments in Russian technology companies. RVC’ strategy presumes a thorough selection process for the new funds and investment based on a co-investment model, which has proven its effectiveness in the business model of RDIF.