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Russian venture market reached record $868 million in 2019

DSight, a business intelligence agency focusing on the Russian venture market, has just released the English version of its latest yearly report. Russian venture investments amounted to at least $868 million in 2019 (excluding exits), up 13% year-on-year, says the report. Although this performance remains very modest by international comparison (USA: $136 billion, UK: $14.3 billion, Germany: $6.6 billion), it …

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Huawei acquires Russian face recognition technology

Chinese electronics manufacturer Huawei has acquired the face recognition technology of Russian startup Vocord, with patents and equipment and hiring most of the related team, as reported by business daily Vedomosti. According to the official company register, the deal took place on May 17 when Huawei subsidiaries fully acquired Moscow-based Eagle Softlab. Earlier this year, Eagle Softlab, …

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Russian face recognition algorithm named best in the world

The face recognition algorithm of Russia’s Vocord is the world’s most effective in its category, beating competitors including Google, according to a ranking produced by international online test platform MegaFace. The MegaFace platform uses a database of more than 1 million photos depicting over 690,000 people photographed without posing and in natural lighting conditions. Vocord’s algorithm is designed to …

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Russian company lends IT hand to forensic analysts, stadiums and shopping malls

Vocord, a Russian company created in 1999, has made the news several times over the past few years with its innovative products. One of its latest solutions has been designed to analyze digital photos and video materials with applications in the field of forensics. Another innovation, in the field of biometric face recognition, aims to increase security in public …

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Could recognition software be the next frontier in Russian snooping?

Much like British authorities, who use closed-circuit TV devices throughout London, Moscow deploys cameras to keep a watchful eye on its populace. And it is the next generation of such video surveillance that has inspired the work of British-based photographers Adam Broomberg and Oliver Chanarin: What would the consequences be if cameras didn’t simply document, …

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Cyclops to monitor Russian roads for traffic violations

Video surveillance firm VOCORD, a resident of the Skolkovo IT cluster, has unveiled a new traffic monitoring system called Cyclops able to collect evidence of violations across four lanes simultaneously. The product, which – as the name suggests – features a single-lens camera as well as a microphone and infra-red scanner contained in a metal …

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Russian company offers “breakthrough” in 3D face recognition technologies

Last week, the Russian high tech company Vocord introduced a new 3D face recognition and identification system that can be used in any public place. The system, which Vocord has presented as a technological breakthrough, takes pictures from different angles to build a 3D model of the face. This ‘non-cooperative’ approach does not require the …

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Skolkovo counts over 200 residents

Last week, 29 companies were awarded the status of Skolkovo residents, bringing the total number of participants at the innovation center to 220. Applications were reviewed by a panel of expert board members of the Skolkovo Foundation, which included Russian and foreign researchers, entrepreneurs and venture investors.

Micro-sized antenna maker funded by Russian Venture Company

The Russian Venture Company (RVC) announced today an investment by S-Group Ventures, a fund it owns jointly with Sever Venture Management, in Bisant, a Moscow-based antenna manufacturer. Bisant describes its micro antenna devices as “a powerful means for the reception and transfer of radio waves in various wireless communication systems,” including mobile phones, tablets, netbooks …

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