"Russian Venture Co. seeks $200m fund
Russian Venture Co. chief executive Axel Tillmann says he’s an admirer of the Israeli model, in which companies operate an R&D office in Israel but hire a CEO and sales and marketing staffs in the United States to reach customers here.
Related: Israel Eats Massachusetts Lunch
That's what I would call it when we are building plants in Israel while taxes are raised and services slashed.
The new RVC Partners fund he’s planning would invest in those sorts of companies, or US-bred start-ups interested in building, say, a software development or engineering team in Russia.
“There has to be a Russian angle,” says Tillmann, a native of Germany.
He expects the Russian government to contribute about $20 million to the new fund, with the rest coming from investors around the world....
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