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Rusnano has invested $3.8 billion in nanotechnology over 7 years

0 26 August 2014

Rusnano has invested $3.8 billion in nanotechnology over 7 years, which is $193 million more than the state originally put into the company upon its creation. 

According to the company’s figures, its combined budget for all of its companies is $12.4 billion, of which $3.8 billion comes from co-investors. They provide both material and non-material assets. This may include, for example, providing a production base or patents. Rusnano has not specified exactly what portion of co-investors’ investment was direct funding.

Rusnano is due to invest a further $4.7 billion in its current portfolio of projects.  In order to do this it will secure funds on credit, as well as reinvesting money made from the sale of stakes in some of its projects.

Rusnano has already sold its stake in seven projects. The value of the majority of the transactions was not disclosed. According to Rusnano CEO Anatoly Chubais, for the years 2012-13 the company sold stakes in projects worth more than 10.5 billion roubles in total.

About Rusnano

Rusnano was founded in 2007 in order to commercialise Russian nanotechnology developments. The company is based in Moscow and invests in private nanotechnology projects. The company currently has a portfolio of 95 projects.

Source: Firrma.ru

Top image via Shutterstock

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