VTB and Skolkovo Ventures confirm partnership agreement


Vadim Kulik, Deputy President and Chairman of the Management Board of VTB Bank, and Vladimir Sakovich, CEO of Skolkovo Ventures, have signed a cooperation agreement at the IX International Forum of Innovative Development “Open Innovations”. The document proposes collaboration between VTB and Skolkovo Ventures in the creation and development of projects in the field of digital assets.

The partners are examining the possibility of participating in joint projects to solve problems of big data management in the public sector, with the priority of developing a project strategy in the area of products and services for the cybersecurity market.

Skolkovo Ventures will be responsible for strategic project support, asset consolidation, and forming a pool of strategic, technological, and financial partners.

In particular, at the first stage, Skolkovo Ventures will conduct an analysis of strategies and business capabilities for a number of advanced development projects in the interests of VTB.

“As part of VTB Bank’s digital transformation strategy, we have a long-term partnership with Skolkovo in a number of areas. This agreement is another step forwards in expanding our cooperation. I hope that together with Skolkovo Ventures we will be able to create many new bright projects for the development of the digital economy in Russia,” commented Vadim Kulik, Deputy President and Chairman of the VTB Management Board.

“Skolkovo Ventures has extensive experience in investment and technology partnerships. As part of our accumulated expertise and access to the pipeline of projects that are located in the Skolkovo Foundation ecosystem, we will create new investment assets in the field of big data for the state and in the cybersecurity sector, providing access to the most advanced technological solutions on the market, including the Skolkovo Foundation’s portfolio. In our activity, we will focus on the long-term goals of the VTB group,” said Vladimir Sakovich, CEO of Skolkovo Ventures.


About Skolkovo Ventures

Skolkovo Ventures is an investment platform for attracting external financing, managing venture funds, developing and launching new financial products for fast — growing high-tech companies. Skolkovo Ventures manages VC funds that invest in innovative developments in the field of it and Industry 4.0, with a total volume of over 5 billion rubles. The Skolkovo Fund portfolio of Ventures: iVideon, Fieldbit, Elementaree, BFGroup, Maximum Education, Roistat, CM.Expert. In 2020, the company launched a joint project with the Japanese holding Dentsu Aegis Inc in the field of digitalization of the consumer sector.

Website: https://skolkovo.ventures/en