StartHub.Moscow participants get over 1 bln rbl in investment

MOSCOW, Apr 12 (PRIME) -- Participants of StartHub.Moscow, a program of support of technological startups, have raised over 1 billion rubles in investment, according to a statement on the official portal of the Moscow mayor seen by PRIME on Tuesday.

“Investors were mostly interested in the fintech startups – they accounted for 43% of the raised money. Besides, participation in the program was successful for the projects of personnel management and in the sphere of transport and logistics,” Alexei Fursin, head of the business and innovative development department at the city government, said.

The Moscow companies received 70% of the investment from funds, and 12% were presented by private investors and grants.

(79.1596 rubles – U.S. $1)

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