The Voskhod venture fund on the Atomize platform has opened a book of applications for the release of Russia’s first venture digital financial asset (DFA). It is planned to issue tokens worth 260 million rubles. Applications are accepted until July 8, writes Vedomosti.
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The funds raised will be used to develop the food technology startup Qummy. The company plans to transform its status from LLC to JSC and conduct a pre-IPO in 2025.
The deal is only available to qualified investors. The issue will consist of 2.6 thousand DFA of 100 thousand rubles each. The minimum check will be 500 thousand rubles. No early repayments or installments are foreseen.
The managing partner of the fund, Ruslan Sarkisov, noted that the tool makes it possible to lower the entry threshold into the risk market and reduce risks.
Qummy was founded in 2019. The company prepares food without preservatives in factory kitchens and then freezes it using “smart ice” technology invented by the company. The final consumer needs to heat the food in a special robotic oven.
The company recently completed an investment round of 93 million rubles, including investments from the Voskhod Fund, the Moscow Seed Fund and others. Qummy could go public in the next three years.
Author:
Karina Pardaeva
Source: RB
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