Advertisement
Canada markets open in 4 hours 32 minutes
  • S&P/TSX

    21,837.18
    -12.02 (-0.06%)
     
  • S&P 500

    5,149.42
    +32.33 (+0.63%)
     
  • DOW

    38,790.43
    +75.63 (+0.20%)
     
  • CAD/USD

    0.7370
    -0.0019 (-0.26%)
     
  • CRUDE OIL

    82.49
    -0.23 (-0.28%)
     
  • Bitcoin CAD

    85,730.70
    -6,545.52 (-7.09%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,154.30
    -10.00 (-0.46%)
     
  • RUSSELL 2000

    2,024.74
    -14.58 (-0.72%)
     
  • 10-Yr Bond

    4.3400
    0.0000 (0.00%)
     
  • NASDAQ futures

    18,227.50
    -4.00 (-0.02%)
     
  • VOLATILITY

    14.44
    +0.11 (+0.77%)
     
  • FTSE

    7,723.61
    +1.06 (+0.01%)
     
  • NIKKEI 225

    40,003.60
    +263.20 (+0.66%)
     
  • CAD/EUR

    0.6791
    -0.0001 (-0.01%)
     

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

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