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VC fund backed by sanctioned oligarch Roman Abramovich removes all information from its website

·1 min read
Russian billionaire and businessman Roman Abramovich attends meeting with representatives of business community and business associations at the Kremlin, in Moscow
Roman Abramovich.Mikhail Svetlov/Getty Images
  • A VC fund backed by sanctioned oligarch Roman Abramovich has wiped information from its website.

  • Only the name of the fund, Impulse VC, now appears on the website.

  • Many European startups are quietly distancing themselves from their oligarch-backed investors.

Impulse VC, a venture capital fund backed by sanctioned oligarch Roman Abramovich, altered its website to remove details about its operations.

Abramovich is among several Russian billionaires sanctioned by the UK and the EU, amid Russia's war in Ukraine.

Insider previously reported that European startups were quietly distancing themselves from their oligarch-backed investors.

Read the full story here.

Read the original article on Business Insider

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