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Domain, Russian firm announce $55M investment in tech space

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Domain Associates, with offices in Princeton and San Diego, announced today the fifth transaction completed by its partnership with Russian nanotechnology company Rusnano.

California-based ReVision Optics is the fifth company funded by the partnership, and raised $55 million in financing.

According to the announcement, the year-old partnership between Domain and the state-owned Rusnano opened with $760 million in available investment funding. In addition, the partnership fosters transfer of technology into Russia and establishes manufacturing facilities there for the production of advanced therapeutic products.

Digital content editor Joe Ross is @joeross on Twitter.

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