PJSC Severstal announces that Severstal Vetures, created to support and develop venture projects in the field of new production technologies and materials, took second place in the Best Corporate Fund nomination at the Russia VC Awards at the VII Russian Venture Investors Forum.

The award ceremony took place on April 18, 2019 in Moscow.

“Severstal Vetures was founded just a year ago. During this time, our team has developed a consistent strategy and invested in two foreign profile funds. It is a great honor for us that the Russian venture capital community recognized our achievements, but we still have a lot to do. This year we intend to close several deals in the field of breakthrough innovations at once, "commented Andrey, Director of Business Development and Corporate Venture Projects at Severstal Management. Laptev.

Severstal Vetures specializes in investments in projects in the field of materials, including for the construction, energy and mechanical engineering industries. In addition, the corporate fund's technological focus is on coatings, alloys, steel substitutes, as well as new mining technologies and additional monetization of production by-products.

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