About Rusnano
Rusnano is a venture capital firm founded in 2007. It is primarily based out of Moscow, Russia. As of Oct 2019, Rusnano has invested in 98 companies. It primarily invests in PE round in Russia based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Semiconductors. Most recently it participated in the $***** Series B round of GeoSplit Overall, Rusnano portfolio has seen 2 unicorns, 6 IPOs and 13 acquisitions including key companies like SiTime, TAE Technologies and Aquantia. A lot of funds co-invest with Rusnano, with names like Rusnano Capital sharing a substantial percentage of its portfolio. Rusnano has team of 3 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
PE, Seed & 8 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Rusnano's List of Top Investments
Rusnano has a portfolio of 98 companies, including 2 unicorns. Their most notable investments are in Advenira and Exaware.Their portfolio spans across Russia, United States, United Kingdom and 8 more locations. They have invested in High Tech, Life Sciences, Semiconductors and 22 other sectors, across stages such as PE, Seed and 8 more. Here is the list of top investments by Rusnano:1. SiTime
Provider of RF MEMS-based oscillators and resonators. Its product portfolio includes jitter cleaners/network synchronizers, clock generators, MHz oscillators, programmable OCXOs, precision MHz Super-TCXOs, ruggedized oscillators, µPower oscillators, and resonators. It has applications in infrastructure, automotive, industrial, IoT, mobile-wearable, consumer, aerospace, and defence.
Key facts about SiTime
- Founded Year: 2004
- Location: Sunnyvale (United States)
- Annual Revenue: $203M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $52M
- Employee Count: 382 as on Dec 31, 2023
- Investors: CampVentures, Icon Ventures and 9 Others
- Latest Funding Round: Series B, Sep 23, 2014, $*****
- Highlight: Public
Developer of FRC nuclear fusion reactors. It utilizes proprietary advanced beam-driven Field Reversed Configuration (FRC) technology to create a superheated plasma environment. The phenomenon uses a closed magnetic field to hold plasma & accelerated particles due to hydrogen and boron would fusion(p-B11) & result in the generation of helium and energy.
Key facts about TAE Technologies
- Founded Year: 1998
- Location: Lake Forest (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.32B
- Employee Count: 284 as on Feb 28, 2026
- Investors: Goldman Sachs, Google and 20 Others
- Latest Funding Round: Series G, Jun 02, 2025, $*****
- Highlight: Editors' Pick
3. Aquantia
Aquantia is a fabless manufacture of semiconductor integrated circuits. Products included embedded processors, microcontrollers, Phys transceivers, storage, and switching devices, wireless chipsets. it has supplied the wi-fi chip for the original first-generation Apple iPhone, Marvel Mobile Hotspot (MMH) was the first in-car wi-fi connectivity installed in Audi A8, and Google's Chromecast products are powered by Marvell's SoCs.
Key facts about Aquantia
- Founded Year: 2004
- Location: San Jose (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $230M
- Employee Count: 3,145 as on Dec 31, 2022
- Investors: Saints Capital, Xilinx and 22 Others
- Latest Funding Round: Series H, Apr 09, 2015, $*****
- Highlight: Acquired
4. Exaware
Compass-EOS, now rebranded as Exaware, provides integrated optical and electronic components on a single chip. icPhotonics, its proprietary technology, is the world’s first commercial silicon for inter-chip optical interconnect. Its routers and SDN Forwarding Planes are a new breed of scale-out networking devices, enabling SDN-based, simplified architectures in service provider networks. This technology has its advantages over conventional electronics-based ASICs as they can handle higher bit rates and consume low power.
Key facts about Exaware
- Founded Year: 2007
- Location: Netanya (Israel)
- Stage: Acquired
- Total Funding till date: $176M
- Employee Count: 51 as on Mar 31, 2026
- Investors: Nir 4 You, Comcast Ventures and 9 Others
- Latest Funding Round: Series D, 2014, $*****
- Highlight: Acquired
5. Beneq
Beneq develops thin film production and research equipment, comprehensive contract coating services and thin film based electro-luminescent displays. They developed atomic layer deposition (ALD) and aerosol-based coating for high-end research and concrete production environments. To date the company has over 100 patents.
Key facts about Beneq
- Founded Year: 2005
- Location: Espoo (Finland)
- Stage: Acquired
- Total Funding till date: $48.1M
- Employee Count: 141 as on Jul 01, 2024
- Investors: VIA equity, Tesi and 4 Others
- Latest Funding Round: Grant (prize money), Oct 01, 2023, $*****
- Highlight: Acquired
Rusnano's Year-on-Year Investment Trends
Rusnano has invested in 99 companies over the last 17 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in GeoSplit and most recent follow-on round was in Crocus Technology.Rusnano's Investments by Stage
Rusnano has made 9 investments in PE stage with an average round size of $84.8M, 8 investments in Seed stage with an average round size of $13.5M and 5 investments in Series B stage with an average round size of $39.9M.Stage of entry | No. of Investments |
|---|---|
PE | 9 |
Seed | 8 |
Series B | 5 |
Post IPO | 3 |
Series C | 3 |
Others | 11 |
Note: We have considered here, only first round of investments
Rusnano's Investments by Sector
Rusnano has a diverse portfolio, with companies operating in the High Tech, Semiconductors, Energy Tech, Life Sciences and Sustainability Tech. Notably, it has invested in 60 Enterprise (B2B) companies, 44 Tech companies, 25 Tech hardware companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 15 |
Semiconductors | 11 |
Energy Tech | 6 |
Life Sciences | 6 |
Sustainability Tech | 5 |
Others | 14 |
Note: We have considered here, only first round of investments
Rusnano's Investments by Geography
Rusnano has made most investments in Russia (24), followed by United States where it has made 9 investments.Country | No. of Investments |
|---|---|
Russia | 24 |
United States | 9 |
Finland | 1 |
Germany | 1 |
Israel | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Rusnano's recent investments
Rusnano has not made any investment in 2026 so far.Here are the most recent investments by Rusnano:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 02, 2019 | Russia | Series B | 8796 | ||
Dec 30, 2015 | Russia | Post IPO | 8628 | - | |
Jun 16, 2015 | United States | Series E | 9558 | [+7] | |
Apr 08, 2015 | Russia | Unattributed | 7088 | - | |
Dec 17, 2014 | United States | Series F | 2013 | [+6] |
Unicorns in Rusnano's Portfolio
Rusnano has 2 unicorns in its portfolio - OCSiAl and TAE Technologies. The most recent unicorn in their portfolio is OCSiAl. It became a unicorn in 2019, 6 years before Rusnano first invested in it.Here is a list of unicorns in Rusnano's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
51 | Manufacturer of graphene nanotubes and nanoaugmented materials for various industries | 2010 | Luxembourg | Series A | ojditj{ | ||
65 | Developer of FRC nuclear fusion reactors | 1998 | Lake Forest | Series G | jedlfxn |
IPOs and Publicly Listed companies in Rusnano's Portfolio
6 of Rusnano's portfolio companies have become public. SiTime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Nov 2019 at marketcap of $194M and Selecta Biosciences got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $251M.Here are Rusnano's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 21, 2019 | May 17, 2011 | Series B | 7468 | |
Jun 24, 2016 | Oct 27, 2011 | Series C | 6596 | |
Dec 14, 2011 | Dec 30, 2015 | Post IPO | 8389 | |
Nov 26, 2010 | - | - | 6001 | |
Jan 07, 2000 | - | - | 6804 |
Acquired companies in Rusnano's Portfolio
13 companies from Rusnano's portfolio have been acquired. The most recent acquisition were Exaware in Mar 2026 by Actelis.Here are Rusnano's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 24, 2026 | Nov 18, 2013 | Series D | 6352 | |
Aug 10, 2023 | Jul 10, 2013 | Series D | 1917 | |
Nov 06, 2021 | May 04, 2012 | Post IPO | 2455 | |
May 06, 2019 | Jul 12, 2012 | Series F | 3373 | |
Mar 27, 2019 | Apr 25, 2012 | Series F | 1577 |
Team profile of Rusnano
Rusnano has a team of 3 members including 1 Partner and 1 Principal located in United States and Russia. Rusnano's team does not sit on the board of any company as of now.Co-investors of Rusnano
Over the past 17 years, 119 investors have co-invested in Rusnano's portfolio companies. This includes funds and angels.
- Invested before Rusnano: NanoDimension, New Enterprise Associates and 76 others have invested in rounds before Rusnano. There are 3 companies where NanoDimension has invested before Rusnano and 2 companies where New Enterprise Associates has invested before Rusnano.
- Top Co-investors of Rusnano: 13 investors entered a company along with Rusnano. These include investors like Rusnano Capital (1 company).
- Invested after Rusnano: A total of 28 investors have invested in Rusnano's portfolio after their investments. Top Investors include Europa (2 companies), SMBC Venture Capital (1 company) and Hercules Capital (1 company).
Recent News related to Rusnano
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Rusnano announced its intention to fulfill all obligations under the bondsRusbase•Apr 17, 2024•Rusnano
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Moscow To Receive Hydrogen Buses And Start Testing In 2022Fuelcellsworks•Jul 06, 2021•KAMAZ, Rusnano
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Joining forces to create locomotivesInternational Transport Journal•Jun 18, 2021•Sinara Group, Russian Railways, Rusnano
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The Rusnano Group Will Develop Hydrogen Freight TrainsFuelcellsworks•Jun 16, 2021•Sinara Group, Rusnano, Russian Railways
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RUSNANO and Eurasian Development Bank (EDB) to Start Work on Green HydrogenFuelcellsworks•Jun 08, 2021•Rusnano
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Rusnano and Enel Russia to Start Producing Green HydrogenFuelcellsworks•Feb 03, 2021•Rusnano, Enel Russia
