The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, has agreed the key terms of investments in Neurochat and Neurotrend companies developing innovative products and solutions in the fields of neurotechnology and artificial intelligence (AI).

1. RDIF invests in Neurochat and Neurotrend companies developing solutions
based on neurotechnologies and AI
Moscow, May 30, 2019 - The Russian Direct Investment Fund (RDIF), Russia’s
sovereign wealth fund, has agreed the key terms of investments in Neurochat and
Neurotrend companies developing innovative products and solutions in the fields of
neurotechnology and artificial intelligence (AI).
RDIF will invest up to RUB300 mn as part of the Investment Lift program, aimed at
stimulating the growth of middle-sized non-resource companies with export potential.
These funds will be spent on the development of new products, as well as expansion
of Russian business and entry into international markets.
NeuroChat has patented a brain-to-computer multimodal interface system that
enables the user to type on a computer screen without moving or speaking. By
concentrating on the desired letter or symbol on a virtual keyboard, users of this
system, are able to select the desired object with just their mind.
Over 200 patients are already using the NeuroChat product in rehabilitation centers
and in their homes, with further potential use for the 25 mn people worldwide with
speechand movement disorders.
Neutrotrend uses neuromarketing technologies and artificial intelligence capabilities
to study consumer preferences and adjust product parameters based on the data
obtained. The company's clients include such major players as Yandex, MTS,
Cherkizovo.
Kirill Dmitriev, CEO of the RussianDirectInvestment Fund (RDIF), said:
“RDIF continues to support innovative companies whose technology has the power to
improve the quality of life for millions. Thanks to Neurochat’s innovative products
that are based on artificial intelligence, people with disabilities have the opportunity
to actively socialize. Neurotrend’s products provide businesses with additional tools
to better understand consumer preferences, positively supporting the growth of
companies and the country's economy as a whole.”
Natalia Galkina, CEO of JSC Neurotrend, said:
“RDIF’s investments will significantly reduce the time required to bring our products
to market internationally and will expand the use of artificial intelligence in existing

2. solutions, consolidating our leading positions in the rapidly developing market of
neurocommunications”.
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Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund
established in 2011 to make equity co-investments, primarily in Russia, alongside
reputable international financial and strategic investors. RDIF acts as a catalyst for
direct investment in the Russian economy. RDIF’s management company is based in
Moscow. Currently, RDIF has experience of the successful joint implementation of
more than 70 projects with foreign partners totaling more than RUB 1.5tn and
covering 95% of the regions of the Russian Federation. RDIF portfolio companies
employ more than 700,000 people and generate revenues which equate to more than
5% of Russia’s GDP. RDIF established joint strategic partnerships with leading
international co-investors from more than 15 countries that total more than $40bn.
Further information can be found at www.rdif.ru
JSC Neurotrend was registered in 2015 and is a leading Russian neuromarketing
company having implemented more than 150 commercial projects for Russian and
foreign customers. The Neurochat project became a separate direction of
development and was registered as a LLC in 2016. Both companies are residents of
Skolkovo. As part of the NeuroNet Roadmap by National Technology Initiative both
Neurochat and Neurotrend are developing high-tech software and hardware solutions
at the interface of neuroscience, mathematics and economics. Further information can
be found at: www.neurotrend.ru and www.neurochat.pro
The Investment Lift mechanism aimed at stimulating the growth of middle-sized
non-resource companies with export potential was launched in April 2016. It
envisages the involvement of leading development institutions (the Russian Small
and Medium Business Corporation, RDIF, the Industrial Development Fund and the
Russian Export Center Group (REC, EXIAR and Roseximbank)) in activities to
provide financial support to SME during various stages of their life cycles. As part of
the Investment Lift mechanism, SME can count both on financial (equity and debt
financing, provision of guarantees, export lending and insurance) as well as
administrative and consulting support for projects, including when promoting
companies and their products ontargeted international markets.

3. For additional information contact:
Arseniy Palagin Maria Shiryaevskaya/ Andrew Leach
Russian Direct Investment Fund Hudson Sandler
Press Secretary Tel: +44 (0) 20 7796 4133
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: arseniy.palagin@rdif.ru