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AI and blockchain could accelerate biomedical research, say Russian scientists

Insilico Medicine, the parent company of Russian biomed startup Insilico, has published a peer-review research paper calling for patients to regain control of their personal medical records, and even to profit from them. The Baltimore-based Insilico Medicine, which specializes in the application of deep learning for drug discovery, produced the paper, titled “Converging blockchain and next-generation artificial intelligence …

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Russian startup Fibrum creates world’s first virtual stores for AliExpress

Fibrum, a resident startup of the Skolkovo Foundation’s IT cluster that makes virtual reality headsets, games and platforms, has developed the world’s first chain of virtual stores for the Chinese ecommerce platform AliExpress. The groundbreaking network consists of 121 virtual stores in 11 Russian cities, operated by AliExpress and Tmall, online retail sites owned by China’s Alibaba …

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Skoltech president awarded France’s National Order of Merit

Professor Alexander Kuleshov, president of the Skolkovo Institute of Science and Technology (Skoltech), has been made an officer of France’s Ordre national du Mérite (National Order of Merit). Kuleshov was presented with the order of merit at Skoltech on Wednesday evening by Marie-Hélène Bérard, president of a French investment bank and a former advisor to …

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Russky Technopark opens in Russia’s Far East as home port for innovations

A new technopark opened its doors in Russia’s Far East port of Vladivostok on Wednesday, with the aim of fostering tech entrepreneurship and startups there with support from the Skolkovo Foundation. The technopark was opened on Russky Island on the first day of the Eastern Economic Forum, which is taking place on the island on September 6-7. …

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Russian exoskeleton maker raises $2 million in South Korea to develop in Asia and beyond

ExoAtlet, a Russian startup that makes exoskeletons to help disabled people walk again, has raised $2 million in private investment and state grants in South Korea to develop activities in Asia. The company aims to develop clinical trials on the local market, and to create a high-quality manufacturing base in South Korea to enter the markets …

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New Skolkovo lab aims to “revolutionize” approach to difficult oil deposits

Earlier this month Skoltech, a private graduate research university hosted by the Skolkovo tech hub on the outskirts of Moscow, unveiled a new laboratory. Dubbed ‘Center for Hydrocarbon Recovery,’ the new lab is devoted to research and development into technologies for producing oil and gas that cannot be extracted using traditional methods: so-called hard to recover …

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Russia and Brazil aim to develop high tech partnerships

During official talks with his Brazilian counterpart, Michel Temer, in Moscow on Wednesday, Russian President Vladimir Putin hailed the cooperation between the two countries in the field of technologies. Putin noted that Russia and Brazil already cooperate closely in space exploration and that there are plans to develop cooperation in Earth monitoring from space. “We see good …

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Head of Russian oil refining startup named one of world’s top engineers

Oleg Giyazov, the founder and director of Russian startup RRT Global, a developer of oil refining technology, has been included in a list of the world’s top five most promising engineers by Hydrocarbon Processing magazine. The winners will be announced at the Hydrocarbon Processing Awards ceremony on June 7 in Vienna, Austria. Based in St. …

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Russia set to boost cyber defences after WannaCry ransomware attack

Countries across the globe are scrambling to learn lessons from last week’s global cyber attack, and Russia is no exception. Cyber security experts hope that the publicity from the ransomware attack may have a positive outcome by making individuals and companies pay more attention to their information security. The ransomware dubbed “WannaCry” that attacked computers …

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In northern Russia, innovators look to the forests and the sea

When pinpointing a region’s innovative potential, it may not seem entirely logical to look to a seaweed-processing plant preparing to celebrate its centenary. But Russia’s northern Arkhangelsk region is putting its hopes for its economic future firmly in its biological resources. The natural conditions of Russia’s Far North dictate the conditions for developing the regional …

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Russian energy startups set sights on Latin America

Traditionally, Russian business in Latin America may have revolved around two products – importing bananas and flowers – but as the governments of Mexico and Ecuador open up their lucrative oil and gas industries to foreign companies, Russia’s innovative startups are hoping to win a slice of the market with their hi-tech solutions. This week, representatives of five …

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