Despite this recent success and the abundance of arable farmland, some see the country as ripe for the introduction of new agricultural technology in the form of vertical farming — indoor industrial greenhouses that are heavy on technology, light on physical space and located close to cities and consumers. “Vertical farming is one of the …
In the world’s biggest country, vertical farming gains ground Read More
The Russian company Cognitive Pilot intends to sell its agricultural drones across North and South America, including the US market. To this end, it has registered a subsidiary, ‘Cognitive Pilot Corp.,’ in Texas, reports Vedomosti. Cognitive Pilot CEO Olga Uskova said the flying engines will initially be sold in Kansas, Ohio, Oklahoma and Texas, where no license is required …
Russian Cognitive Pilot aims to sell agricultural drones in challenging American markets Read More
As reported by business daily Vedomosti, the Dutch fund Rabo Frontier Ventures and the Greek fund VentureFriends have been the main contributors to a $5 million of funding for Russian agritech startup Agro.Club. Neither the respective contributions of the investors nor the terms of the deals were disclosed. Founded in 2018, Agro.Club is a digital marketplace that …
Dutch and Greek investors back Russian startup Agro.Club for international expansion 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 …
Cleverbots, a Russian integrator of AI-powered enterprise solutions, has raised $1 million from the agroindustrial group AST. No details of the transaction were disclosed. The fresh funding will allow Cleverbots to hire new employees, support marketing and scale the business both domestically and abroad. AST’s existing offices in Switzerland and the United Arab Emirates, may be used as launchpads for …
The latest viral sensation taking the Russian internet by storm is… a farm. A fictional, futuristic “cyberpunk” farm, to be more specific. “Russian Cyberpunk Farm,” which imagines life at a provincial Russian village in a future dominated by tech corporations, has racked up more than 3.5 million views since it was published on YouTube last …
Viral ‘cyberpunk farm’ satirizes Russia’s agritech future Read More
For the second time in less than 18 months, Sistema_VC, one of the venture investment vehicles of Russian conglomerate Sistema, has backed UK agrotech startup KisanHub. The latest round, announced last week, provided £1.12 million ($1.49 million) to the Cambridge-headquartered startup. The round was led by Low Carbon Innovation Fund II (LCIF2) with co-investment matching coming from …
Russian corporate fund Sistema_VC backs again UK agritech startup KisanHub Read More
Cognitive Technologies, an established Russian software corporation, is developing one of the world’s most advanced autonomous AI-based driving systems for farming equipment. Under the brand ‘Cognitive Agro Pilot,’ this system was used across 35 regions of Russia when reaping the 2020 harvest. “Between June and October 2020, over 350 autonomous harvesters fitted with [our] solutions …
Robofest, one of the largest technology festivals for young people in the world, is being held these days in online format. Its participants have developed solutions which could be used soon in the automotive, agricultural and aviation industries. For example, a team of students from Don State Technical University has presented a robotic manipulator, which is considered …
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 …
Elevator Ventures, Raiffeisen Bank International’s corporate fund, and Speedinvest, a major Berlin-based VC fund, are backing Russian agritech startup Agro.Club in a $1.5 million seed funding round. Founded in 2018, Agro.Club defines itself as “a mobile platform connecting growers, their suppliers and crop purchasers into a single network.” It says it is building “an efficient …
Russian agritech startup IntTerra has agreed with local businessman Nikita Shashkin an investment plan of “up to $10 million” in several capital injections. The deal, agreed in early 2020, has just been revealed by the business daily Vedomosti, which cites exchanges with company founders Vitaly Buzu and Alexander Mikhailov. Very few Russian agritech startups have …
Russian startup to receive up to $10 million to bring data science to farmers Read More
