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Russia’s National Association of Business Angels (NABA), Atom Partners, a Moscow-based investment consultancy and high-tech investor, and RVC, the state-owned fund of funds dedicated to innovation, have presented the results of their 2013 business angel investing study.

Tapping into a wide variety of open information sources, the partners found in their report that Russian business angel investors had put up $116.5 million for early-stage projects between January and November 2013 — a hefty 4.5-times increase from 2012.

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To read the original article: Russian angel investment grew 4x in 2013 | VentureBeat | Deals | by East-West Digital News