Russian space agency Roscosmos launches venture fund

Roscosmos, the Russian space agency, has launched a venture fund to support space innovation in Russia, said Roscosmos General Manager Igor Komarov last week in an interview with TASS.

The new fund will support innovative projects in the space industry, including the small satellites production and light missile carriers development, student-oriented initiatives, as well as innovation centers designing space products and services.

The new fund may also potentially finance startups from other fields, Komarov said.

Topics: Aviation & space, Corporate, Corporate investment, Corporate venturing, Finance, Mobility, News, Venture / Private equity
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