Nanostart AG is the German investment company in the field of nanotechnologies.
Business in Russia
In April, 2011 Rusnano and Perm Krai selected the German management company Nanostart AG for joint venture fund of 2 billion rubles. The agreement on cooperation with Nanostart AG investment company — the winner of competition on selection of management company for Kama Fund First fund — was signed the chairman of the board of Rusnano Anatoly Chubais, the governor of Perm Krai Oleg Chirkunov and CEO Nanostart AG Marco Beckmann[1].
The target size of Kama Fund First fund is 2 billion rubles, from them 750 million rubles are invested by Rusnano, 750 more million rubles — Perm Krai and 500 million rubles — company Nanostart.
According to Rusnano, "Kama fund first" is created with the purpose to activate the innovative development of Perm Krai, to expand tools of the venture funding and to increase project base "Rusnano". The fund provides implementation of 10-20 projects from which not less than 75% should belong to the sphere of nanotechnologies. Registration of fund in Federal Financial Markets Service of Russia is planned for June, 2011, the beginning of financing of projects — for the end of 2011 Fund is created for a period of 10 years, says Rusnano.
"I consider "Kam Fond Pervy" as the generator of perspective nanotechnology projects which on the next stage of the development with financial participation of Rusnano will grow in large-scale businesses — Anatoly Chubais said. — It is especially important for us that to invest in fund and one of the leading investment companies with experience in the field of nanotechnologies will manage it. These are those "smart money" which is necessary for development of the innovation economy".
"I hope that competences and financial resources of Nanostart AG will allow to connect hi-tech business with developments of the national research universities in Perm, to bring the innovative companies of the region to the international level" — Oleg Chirkunov emphasized.
"We will be glad to make the contribution to progress of Russia and Perm Krai as global players in the nanotechnology sphere — Marko Bekmann noted in return. — In this quickly growing sector of high technologies "Kama Fund First" will become for Nanostart gate on the Russian market with its huge potential".
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