New accelerator to invest up to $15 million in cyber security startups
Russian cyber security startups now have a dedicated accelerator with up to 1 billion rubles (around $15 million at the current exchange rate) potentially invested over the next two years. The effort is backed by Rostec, a major Russian state-owned tech corporation, via its subsidiary RT-Inform, systems integrator I-Teco, and the Internet Initiatives Development Fund (FRII in Russian, the country’s largest …
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