The funds will be used to develop digital projects and support promising high-tech startups, which will need further funding as they develop.

Interros Group has completed the transfer of its off-shore company Interros Capital from the Cypriot jurisdiction to the Special Administrative Region (SAR) on Russky Island (Far East, Russia). Interros Capital controls 31.5% of the shares of MMC Norilsk Nickel, among other assets.

The Voskhod investment fund, established by Interros, will be headed by Ruslan Sarkisov, who previously worked as the general director of the Far Eastern High-Tech Fund (DFVT). Under the leadership of Mr. Sarkisov, the Voskhod VF will seek promising investment projects and start-ups in the field of high technologies. The Interros company expects that new Russian innovative companies, competitive on the global market, will be established with Fund’s assistance. Over the next 5 years, Interros is planning to invest 10 billion rubles into the fund's capital for these purposes.