Russian oligarch Roman Abramovich invested $63 million in European startups via London-based venture firm Target Global from 2015 to 2021, according to leaked documents. His investments included a $25 million stake in Target Global Mobility 2.0 and funding for companies like Circ and Auto1.Abramovich also provided loans to Target special purpose companies to indirectly acquire startup stakes, such as $23.5 million for female health app Flo and $10 million for food delivery startup Delivery Hero. His family office drafted an unsigned contract for Target Global to manage his personal investment into British semiconductor company Compound Photonics.
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