In October this year Rusnano, a Russian Federation fund that backs nanotechnology ventures, contributed $50 million to a total pool of $94.5 million for two start-ups in the US that are using nanomedicine - the medical application of molecular-scale particles - to develop cutting-edge drugs. Back in April Yandex.Factory an investment program for startups was launched by Yandex, a leading internet company in Russia.
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