Business growth

Sberbank is investing ₽2 billion in a new Fort Ross Seed Fund managed by Fort Ross Ventures. It will specialize in early-stage investments in startups: Round A and Seed Stage. Up to 200 startups from Russia and neighboring countries will receive support. The Fund will help these companies bring their products and services to international markets and integrate them into the ecosystems of major Russian companies, including Sberbank. The total size of the Fund will be up to ₽8 billion.