EE Impact

Global Venture Alliance (GVA) Capital

USA · Finance & Payments

LeaveRussia detail: Continue Operations

Still operating in Russia

Global Venture Alliance (GVA) is an international company with headquarters in Silicon Valley, California, USA. GVA brand is a private innovation ecosystem and unites acceleration programs for startups, educational initiatives on professions of the future, investments from our 3 venture funds and large-scale projects with corporations and the government, aimed at the development of the environment of innovations, which responds to the global challenges.

Status last verified 03/08/2026Source checked 23/06/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 13/06/2025 · Reference ↗

A San Francisco venture capital firm will pay a $216 million fine to the U.S. Treasury for violating U.S. sanctions by managing investments for a Russian oligarch. Global Venture Alliance (GVA) Capital allegedly managed investments for Suleiman Kerimov, a Russian government official, from 2016 to 2023, despite knowing of his status on the blocked persons list of the Treasury’s Office of Foreign Assets Control (OFAC). GVA Capital also failed to comply with a subpoena by not producing the full amount of documentation requested by the agency for 28 months.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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