A Russian-Kazakh fund focused on nanotechnology and targeting investment of up to $150 million is likely to put the majority of its money into clean energy, its managing partner said.
London-based asset management group I2BF Venture Capital and VTB Capital have been hired to manage the fund.
“A big part of the opportunity in nanotechnology is clean energy — solar, power storage, composite materials used in wind and catalysts for biofuels,” said Ilya Golubovich, managing partner of the fund.
(Bloomberg)
