Rusnano, I2BF Fund Targets Nanotechnology for Water, Agriculture
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Rusnano Capital LLC teamed up with New York-based I2BF Global Ventures to invest $150 million in nanotechnologies for Russia’s agriculture and water industries.
Rusnano Capital, a unit of Russia’s state-owned OAO Rusnano, and clean-technology investor I2BF started a seven-year fund to invest in international businesses whose applications can be used in Russia, they said in an e-mailed statement. The I2BF-RNC Strategic Resources Fund, with a target size of $150 million, has $53 million already committed, they said.