Kamaz, the Russian truck giant (part of the state-owned Rostec corporation), and Pulsar VC, an established Russian venture firm, announce an international startup scouting partnership focusing on mobility and IoT.
The companies said they will “jointly search for new markets in the transport sector and attract investment in start-ups.” They may also consider “creating a spin-off with other corporations.”
The scouting program targets, in particular, technologies related to navigation, last-mile service, quick repairs, as well as drones, sharing services and second-hand truck marketplaces.
A large number of geographies will be covered, including Europe, the USA, India, China, Japan, South Korea, Latin America, Africa as well as former Soviet republics.
Kamaz and Pulsar VC are both headquartered in Tatarstan, a region of Russia seeking to develop technology innovation.
Source: Rusven
