Russia’s Sberbank, an investor in Uber, announces its next $250M venture fund

It’s perhaps not widely know that Uber has Russian investors. But it does, in the form of Russian bank Sberbank, which invested as part of its first international fund a few years ago. Sberbank has now announced its second 10-year venture fund put at US$200-250M in size. Portfolio companies in the first fund included Uber and eToro. Unlike the first fund this one isn’t financed… Read More http://ift.tt/2exXBN8