Russian 3D scan provider secures $1.5 million to “digitize the entire planet”

September 4, 2020

Two major Russian corporate funds, Rusnano Sistema and the IIDF, have just announced an investment in Texel, a startup which has designed an advanced 3D scan technology. The capital injection, which amounts to 110 million rubles, or $1.46 million at the current exchange rate, will be used to boost Texel’s international expansion. Over the past two years, …

Russian 3D scan provider secures $1.5 million to “digitize the entire planet” Read More

Huawei shifts investment from US to Russia

September 5, 2020

Huawei increased its investment in Russia after the US slapped the Chinese telecoms giant with sanctions last year, Huawei founder Ren Zhengfei said. “After the United States included us in the Entity List, we transferred our investment in the U.S. to Russia, increased Russian investment, expanded the Russian team of scientists and increased the salary of Russian …

Huawei shifts investment from US to Russia Read More

Russian Darkweb shares personal data of nearly 9 million US voters

September 2, 2020

Russian Internet users have shared the personal data of nearly every voter in Michigan (7.6 million of the state’s 7.8 million voters), as well as the information of another million voters in Arkansas, Connecticut, North Carolina, and Florida, according to the newspaper Kommersant. The data recently appeared on a Darknet forum, posted by a user nicknamed …

Russian Darkweb shares personal data of nearly 9 million US voters Read More

Digital Horizon invests in African healthcare startup

August 31, 2020

While the USA and Western Europe are the most usual playing ground for VC funds with Russian connections, there are some exceptions. Digital Horizon, an investment company with offices in London, Moscow and Tel Aviv, announced an investment in Healthlane, an African startup providing healthcare services in Nigeria and Cameroon. Healthlane’s approach combines remote and face-to-face health …

Digital Horizon invests in African healthcare startup Read More

Russia blocks cryptocurrency websites ahead of regulation

August 30, 2020

Roskomnadzor, the Russian Internet and telecom regulator, has blocked popular Russian cryptocurrency exchange monitoring website Bestchange.ru for the third time. Bestchange.ru explained that it had been investigating how to unblock its domain but testing may take some time. This website, launched in 2007, is not restricted to just cryptocurrency. It helps users find the best offers online, including the …

Russia blocks cryptocurrency websites ahead of regulation Read More

Mail.Ru and Sberbank inject $160 million in their foodtech and mobility JV

November 12, 2020

Last week Mail.ru Group, the LSE-listed Russian Internet major, and Sberbank, the state-controlled financial and technology giant, announced a capital injection of 12 billion rubles (approximately $160 million) to develop their ‘O2O’ joint venture. Agreed in June last year, this JV combines the businesses of the two groups across a variety of fields, from ride-hailing …

Mail.Ru and Sberbank inject $160 million in their foodtech and mobility JV Read More

Yandex offices raided by police in Minsk, employees evacuated to Moscow

August 31, 2020

Last week, Yandex evacuated a part of its Belarusian employees to Russia following a police raid on its Minsk office amid the unrest in the city. According to the Russian search giant, the Belarusian police were seeking to seize user data. Thus, on August 13, unidentified armed people came to Yandex’s office, presenting themselves as …

Yandex offices raided by police in Minsk, employees evacuated to Moscow Read More

Russian-founded startup secures $4 million to spread high-tech farming across cities of the world

November 11, 2020

iFarm, a startup founded in Siberia but now headquartered in Helsinki, Finland, has secured $4 million from an international pool of investors led by Gagarin Capital. This California-based VC firm had led a previous $1 million round in early 2019. iFarm’s turnkey solutions “enable anyone to grow fresh vegetables, berries, greens and edible flowers for …

Russian-founded startup secures $4 million to spread high-tech farming across cities of the world Read More

Report: Russia ranks 42nd for ‘digital qualify of life’

August 25, 2020

VPN provider Surfshark has issued a research on the “digital quality of life” (DQL) across 85 countries of the world.  Revealing the factors that “have the greatest impact on digital well-being,” the study says which areas should be “prioritized to improve the potential” of a country.  The countries covered account for 6.3 billion people, or 81% of the …

Report: Russia ranks 42nd for ‘digital qualify of life’ Read More

Rusnano to invest more than $50 million in digital technologies

October 12, 2020

Rusnano, the Russian state-controlled nanotechnology corporation, has created a 4 billion ruble fund (around $53 million) to invest in digital technologies. Half of this amount came from state coffers as part of a national program to develop Russia’s digital economy, reported industry publication CNews.ru. Starting from the end of this year, under plans, the fund …

Rusnano to invest more than $50 million in digital technologies Read More

Russian agroindustrial group aims for leadership in meat substitutes

August 23, 2020

Efko, a major Russian agroindustrial group, is investing 100 million rubles (around $1.3 million at the current exchange rate) to produce meat substitutes, reports Kommersant.  Efko’s soya oil-based product will be used as an ingredient for hamburgers. The group will launch a pilot with a monthly output of 500 kg, which may be commercialized as early as …

Russian agroindustrial group aims for leadership in meat substitutes Read More

Skolkovo launches green tech accelerator with support from major Russian and international partners

November 11, 2020

Last week Skolkovo, the international tech hub on the outskirts of Moscow, announced the launch of GreenTech Startup Booster, presenting it as a first in Russia.  The program is intended for companies or teams with ready-made products or prototypes of solutions that tackle environmental issues. Skolkovo expects “over 500 applicants” Six themes are covered: reducing …

Skolkovo launches green tech accelerator with support from major Russian and international partners Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.