Monday, July 29, 2013

Domain Associates: Fifth Investment With Rusnano From $760M Fund

San Diego-based venture investor Domain Associates is reporting today that a fifth company in its portfolio--ReVision Optics--has received funding via its agreement with Rusnano, the Russian state's investment corporation. Revision optics announced a $55M funding round this morning. Domain inked a deal with Rusnano to create a $760 million co-investment partnership, back in March of last year, as it sought to find a way to more reliably provide late stage capital to its portfolio companies. Rusnano has agreed to invest along with Domain and its investor syndicates. Domain said that the deal has opened up an "innovative source" of late-stage financing for its health science companies.

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