Venture Capital fund with focus on hi-tech projects for Smart City
About
Rusnano Sistema SICAR is a venture capital fund established by Sistema PJSFC and RUSNANO in 2016. We invest in growing companies with great teams: up to $15 mln for a non-controlling stake with clear exit strategy in 4-6 years. The size of the fund is $100 million.
Selection criteria
Innovative solutions in growing markets
Long-term competitive advantage
Transparent business model and high potential for monetization
Scalability and/or possibility of localization in different geographies
Strong team
Target industries
Smart transport
Smart buildings
Security systems
Innovation in energy
Clean-tech
Connectivity
New technologies
Advanced materials
How we work
Our goal is to be not just an investor, but a partner to each of our portfolio company starting from introduction day and further.
Investment process
With the combined expertise of both our LPs we are able to perform a deep technical and market analysis of new opportunities and find new industry leaders. The standard process of making the decision includes the following steps:
Project analysis
Market research, business model evaluation, major deal terms negotiation, background check, internal technical expertise.

Investment Committee:
Term Sheet Approval
Due Diligence
Technical, patent, commercial, financial, tax and legal due diligence.

Investment Committee:
Deal terms Confirmation
Legal Structuring
Binding legal documents preparation.

Investment Committee:
Final review and signing
Closing the deal
Value creation
We take an active role in our portfolio companies and work with the teams at Board level as well as in day-to-day operational management where needed. Some points we can help with:
Network of experts and clients
Rusnano Sistema SICAR provides access to Sistema’s and Rusnano’s industry and technological expertise, a network of contacts in the innovation and investment communities as well as potential clients.
Corporate governance and operational efficiency
Rusnano Sistema SICAR provides access to Sistema’s and Rusnano’s industry and technological expertise, a network of contacts in the innovation and investment communities as well as potential clients.
Corporate finance
Аssisting in raising debt/equity financing, execution of M&A opportunities, strengthening project’s management team by introducing management with required skills.
Investment Committee
Rusnano Sistema SICAR's team has extensive experience in venture financing, corporate finance, asset management, launch and development of high-tech businesses.
Aleksey Katkov,
Managing Partner,
Sistema PJSFC
Oleg Kiselev,
Deputy Chairman of the Executive Board,
Head of Investment
Division K, RUSNANO
Boris Podolsky,
Deputy Chairman of the Executive Board,
Executive Director, RUSNANO
Anna Shakirova,
Senior Investment Director,
Sistema PJSFC
Sergey Vakhterov,
Senior Managing Director,
Investment Division K,
RUSNANO
Portfolio
News
Submit a project
Send us your investment projects at: startit@rss.vc