A delegation of several major venture capital investors, executives and government representatives that may include California Governor Arnold Schwarzenegger is going to Russia in order to explore investment and technology collaborations and meet with Russian President Dmitry Medvedev and others, participants told Dow Jones VentureWire.

This will be the second delegation of US business representatives to Russia this year, following one in May, as well as a visit by President Medvedev to Silicon Valley over the summer.