The sons of Russian businessmen Vadim Moshkovich and Petr Aven work for the American venture fund 8VC, which invests in companies that carry out orders for the US Department of Defense and NATO. The fund hired Jack Moshkovich in 2018 after he graduated from Stanford University. The author of the Forbes article says that the son of the founder of Rusagro, Vadim Moshkovich, fell under Western sanctions shortly after the start of the war against Ukraine, and attributes this event to dictator Putin.
In the summer of 2024, Jack Moshkovich received permanent residence in the United States. Denis Aven, the son of the co-founder of Alfa Group and the British LetterOne, joined the fund in 2022, when his father was already under EU and UK sanctions. Petr Aven was blacklisted by the United States only in 2023. Denis graduated from Yale University and received an MBA from Harvard.
8VC managing partner and co-founder Joe Lonsdale said they hired Denis after another fund pulled out because of sanctions against his father. Lonsdale called Moshkovich Jr. a “superstar” and Aven a “talented” employee. He emphasized that the fund strictly complies with the law, but also said, “I’m lucky to live in the greatest country in the world…”
8VC invests in a variety of sectors, including defense. Among the companies they invest in are tech companies Palantir and Anduril, which have billion-dollar contracts with the Pentagon, as well as drone and counter-drone startups Saronic and Epirus. 8VC has also invested in British manufacturer iCOMAT.
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