3D Bioprinting Solutions, a resident of the Skolkovo Foundation Biomedical Cluster, recently agreed to collaborate with KFC in developing an innovative technology aimed at making chicken using a 3D bio-printer. The two sides came up with the idea as a means to tap into the healthy lifestyle trend, which includes healthy eating, and to meet …
In 2018, Vladimir Putin announced a $1.7 billion genetic program, comparing the potential of genetic engineering to a new “nuclear bomb”. The following year, the president’s alleged eldest daughter, Maria Vorontsova, joined the program’s advisory council and, this week, state-owned oil giant Rosneft got involved. Russian online publication The Bell looks with some skepticism at the players …
Rosneft and Putin’s alleged daughter lead search for ‘Russian gene’ Read More
Russian petrochemicals leader Sibur has teamed up with Brochesia, an Italian provider of software solutions for wearable devices, to support its network digitalization effort. Brochesia’s smart glasses and augmented reality solutions will help the Russian group enhance several production processes, including maintenance and support services, using AR and developing remote assistance procedures. The adoption of these solutions …
Last week Severstal, the Russian steel giant, announced it will invest this year 6.7 billion rubles (roughly $100 million) in IT and digital projects, up 7% from 2019. The group’s projects for 2020 span from “new solutions for managing material flows and optimizing the quality of finished products” to building “new technological networks to improve …
Severstal goes digital: $100 million to be invested in 2020 Read More
Four major Russian retailers – Beeline, Hoff, M.Video-Eldorado Group and X5 Retail Group – are teaming up to launch the Retail Innovation Tech Alliance (RITA), a startup scouting initiative in Russia and abroad. RITA will be seeking innovative solutions in a variety of fields, including e-commerce, transport and logistics, consumer experience, quality of goods, point-of-sale …
Major Russian retailers team up to scout startups globally Read More
In mid-December Severstal Ventures, an investment vehicle created last year by the Russian steel and mining giant Severstal, announced an investment in US company Modumetal. The corporate fund has got a minority stake along with existing shareholders Vulcan Ventures, BP Ventures, Founders Fund, Steel Dynamics, ConocoPhillips, Chevron Technology Ventures and others. Based in Seattle, Modumetal claims …
Since we started our search engine in 1997, we’ve sought to connect people with the information most relevant to them. Over the years, we’ve updated Yandex Search with smart features and more informative results, making it as easy as possible for our users to navigate the mass of information that is the internet. Today, we’re …
Yandex introduces Vega, its latest intelligent search update Read More
Sberbank and its SberCloud subsidiary have put the Christofari supercomputer into commercial operations, making it available to the company’s corporate customers on December 12, 2019. “We believe our mission is to make supercomputing and development of AI-based solutions available to any company, no matter the size, industry, or location. Only the largest corporations were able …
Sberbank and SberCloud launch Russia’s fastest supercomputer Read More
RVC, the Russian state-owned fund of funds dedicated to innovation, and RZD (Russian Railways) have teamed up to launch to two venture funds for industrial and digital investments. Scheduled for launch in 2021, the funds will support early-stage projects which have “the potential of developing synergies with the railways company and increasing its business efficiency.” …
Russian Railways teams up with RVC to launch transport tech funds Read More
Last week Severstal, the Russian steel and mining giant, announced the launch of its open innovation portal. Made available in both Russian and English languages, the site features Severstal’s existing initiatives for cooperating with startups, innovative teams and industry experts from across the world. These include the Severstal tech park, the Steel Tech startup accelerator, two investment vehicles (Severstal Ventures …
Steel giant Severstal aims to attract innovators from across the world Read More
Russia’s largest bank Sberbank and Trafigura Group Pte. Ltd of Singapore made a pilot blockchain transaction as part of a West Siberian oil sales deal during Russia’s Eastern Economic Forum on September 5, Sberbank said in a press release. Sberbank purchased from Trafigura its accounts receivable of a major Turkish trader. Sberbank and Trafigura agreed on the …
Russia’s Sberbank and Singapore’s Trafigura secure oil sales transaction via blockchain Read More
Mail.ru Group, a leading, LSE-listed Russian Internet company, has acquired a minority stake in Performance Food, a Moscow-based food delivery service specializing in premium healthy nutrition programs. The financial details of the deal were not disclosed. As reported by business daily Kommersant, which cites official company registers, MGL Mail.ru Equity Ltd, a Cyprus-based subsidiary of Mail.ru …
Mail.ru Group acquires stake in Performance Food delivery service Read More
