What documents does an investor usually request from a startup (Russian investor, European startup)?

Question

Startups

Hello.
Please help me understand if the following situation looks normal in Russian realities: A
European startup is looking for an investor. We went to the Russian fund. Negotiations have begun and no longer at the start, the investor begins to request a bunch of data about the legal entity and the owners of the startup. European funds do not have such a practice, and therefore it has raised suspicions of economic espionage.
Tell me is it okay?

Answer 1

This is normal, because startups from other jurisdictions require more take. In the Russian Federation, they are used to working with their own people, and not everyone has experience in investing in foreign companies.
If the startup is European, why did you find a Russian investor? Does the project work on the CIS market? If so, then most likely you need to open a legal entity. a person in the Russian Federation, in which the Russian investor will receive a share. Behind the same legal intellectual property must also be recorded by a person.

Answer 2

this is normal
, European funds also ask for all this, if they didn’t ask, then they simply weren’t even going to invest money in you, but just for the sake of idle curiosity, they communicated with you.