Residents of the Skolkovo innovation hub under construction near Moscow have already attracted $265 million in pledged investment from 22 funds since the beginning of this year, Russian business daily RBC Daily reported yesterday. Among these investors are Russian management company Leader, the Canadian fund Pangaea Ventures, Bright Capital, Foresight Ventures, Runa Capital, Softline Venture Partners and others.
The amount, slightly higher than expected, would seem to indicate that Skolkovo’s public-private financing scheme is starting to work successfully.
The actual amounts invested, however, could be higher or lower, depending on a series of conditions in shareholder agreements. To date only $70 million have been actually invested, said Skolkovo investment director Alexander Lupachev.