How do you tell that chicken breast on your grill is ready for your plate? Well, you probably look at it closely and smell it to make sure it is done the way you like it. However, if you are a restaurant chef or head cook at a huge industrial kitchen, you cannot really rely …
Russian researchers combine ‘e-nose’ with computer vision to cook “the perfect chicken” Read More
An award-winning fintech startup from Moscow, APIBank, has attracted 120 million rubles in Russia (some $1.6 million at the current exchange rate) from the Russian-Belarusian Investment Fund (RBF Ventures). As reported by CNews.ru, this is the first external capital infusion — in the form of a convertible loan — in this startup launched in 2018. The money will be used “to develop products for payment aggregators and marketplaces, and …
Open banking startup secures $1.6 million from Russian-Belarusian state-backed fund Read More
Twitter’s decision to permanently suspend Donald Trump’s account has met with a real furor on the part of Russia’s digitally-connected commentariat. For several days now, bloggers, journalists, politicians and just the concerned members of the Russian public have (for the most part) condemned the ban with the raging passion of those truly in the know. …
For Russians, Trump’s Twitter ban gets lost in translation Read More
A Russian hacker was sentenced to 12 years in a US prison Thursday for consumer data theft worth $19 million from 100 million customers of over a dozen financial service companies, the Justice Department said. Andrei Tyurin, 37, pleaded guilty in 2019 after his extradition from the country of Georgia the previous year, admitting to computer intrusion, wire fraud, …
Following amendments to the Russian tax code which were adopted in July 2020, Russian software developers may, starting from Jan. 1, benefit from significant tax cuts. The new tax regime provides: Reduced rates on the taxes on profit: from 20% to 3% for federal taxes and to 0% for regional taxes; A reduced rate on social security …
In late December VEB Ventures (formerly VEB Innovations), a venture fund backed by state development agency VEB.RF (Vnesheconombank), announced an investment of 990 million rubles ($13.4 million at the current exchange rate) in Zyfra. This Russian company develops AI, IIoT-based solutions and robotic mining equipment to digitize the heavy industry. These solutions are intended to provide “objective data analysis” for industrial companies …
In the last days of December Deliver announced it secured 500 million rubles (nearly $7 million at the current exchange rate) from VEB Ventures (formerly VEB Innovations), a venture fund backed by state development agency VEB.RF (Vnesheconombank). An internationally successful Russian online freight service, Deliver has set for itself the mission of “solving the inefficiencies of the logistics market by applying modern …
In late December Sber, Russia’s state-controlled financial and tech giant (previously known as Sberbank), and Merlion, one of the largest Russian IT distributors, agreed to partner in the field of e-commerce. “The new partnership will strengthen Sber’s position in the e-commerce industry and realize a range of new opportunities for B2B and B2C customers, while offering …
Sber Group, the state-controlled financial and digital giant, and the Skolkovo Institute of Science and Technology (Skoltech) are teaming up to create “an ecosystem for the development of artificial intelligence in Russian healthcare.” Operated by SberMed.AI, a company established this past summer, this ecosystem will “combine the solutions designed by Skoltech research teams with Sber’s cloud-based engineering infrastructure.” Aiming to “set the standards …
Sber and Skoltech aim to “set the standards for using AI in public healthcare” Read More
On December 25, the Federation Council, Russia’s upper house of parliament, approved a bill against “censorship” of Russian media and other illegitimate restrictions to content distribution on the Internet. The new law targets Internet resources, including foreign ones, that restrict “distribution of socially significant information in the territory of the Russian Federation on the grounds of nationality, language, origin, property and …
Illustrating the current traction of Russian edtech startups, online programming school Kodland has raised $1.5 million in its first round of financing. The money was brought in by Russian venture capitalist Alexander Nevinsky (a partner at I2BF) and an unnamed “European fund,” as reported by VC.RU. The startup will use the fresh funding to test product …
Russian edtech on the rise: Kodland raises $1.5 million to expand internationally Read More
We have news for you: Russian robotics and robots are alive and kicking. They disinfect buildings, deliver parcels, put out fires, work the land and serve the public. We list the five most out-of-this-world (yet firmly in it). Robots for disinfection and temperature measurement; Courier drones; Agrobot; Robot for extinguishing oil and gas gushers; Robot …
