Education & HR

100,000 IT professionals left Russia this year, minister acknowledges

While IT brain drain is not new in Russia, the trend has accelerated dramatically in 2022 following Russia’s war on Ukraine, the subsequent international sanctions and new waves of political repression across the country.  Speaking at the Russian parliament on December 20, digitalization minister Maksut Shadaev provided his estimate of the number of IT professionals …

100,000 IT professionals left Russia this year, minister acknowledges Read More

Russian-founded tech migration platform wins €1 million at Slush, spurring controversy over solidarity with Ukraine

Immigram, a UK-based tech immigration platform, has won first prize at Slush, Helsinki’s yearly top tech event.  The Russian-founded startup will receive €1 million in investment coming from top global investors including Accel, General Catalyst, Lightspeed, NEA and Northzone.  Immigram had raised half a million just six months ago, earning trust from Joint Journey and Xploration …

Russian-founded tech migration platform wins €1 million at Slush, spurring controversy over solidarity with Ukraine Read More

Fleeing Putin, Russian tech workers find a home in Armenia

In the weeks and months after Russia invaded Ukraine, Zvartnots International Airport in Armenia’s capital Yerevan was flooded with Russians leaving their country, among them a growing number of tech workers. Fearing flight cancellations, exit bans, and border controls, many booked their tickets at exorbitant prices, wiped their phones, and arrived in the small country nestled in …

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Moscow business school develops pioneering solution for remote courses

Russian edtech has been growing fast over the past years, as witnessed by variety of solutions developed in the country. One of the latest examples is an immersive online-offline platform for remote courses, which was presented earlier this month by the Moscow State University Business School (MSUBS). Touting this solution as a “unique digital model” …

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State fund invests 520 million rubles in edtech platform Profilum

Earlier this month VEB Ventures, the venture arm of state-owned development corporation VEB.RF, announced a 520 million ruble investment (some $6.5 million at the pre-war exchange rate) in edtech platform Profilum. This deal was one of the most sizeable ones of the past months on the local venture scene, which has entered a semi-hibernation phase since …

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How Russian game developers have been hit by the shockwave of war

Russia’s war on Ukraine and the subsequent western sanctions seem to have put the once-thriving Russian and Belarusian gaming industries in serious trouble. It took just weeks to Wargaming, the Belarusian-born, Cyprus-headquartered developer of World of Tanks and World of Warships, to react to the events. In early April, the company announced its decision to “leave Belarus and …

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FT: Deutsche Bank moves hundreds of IT workers from Russia to Germany

Deutsche Bank has relocated hundreds of its Russia-based IT specialists to Germany following the Russian invasion of Ukraine, the Financial Times reported Tuesday.  The Frankfurt-headquartered bank has relocated approximately half of its 1,500 highly skilled software developers based in Moscow and St. Petersburg as well as their families in the past three months, citing difficulties brought about …

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Tech workers describe detentions and interrogations as they flee Russia

On the evening of February 23, just a few hours before Vladimir Putin’s army crossed into Ukrainian territory, a message from Amazon arrived in the inbox of Vladimir Smirnov, a programmer from St. Petersburg. It was a work permit for a software engineer position in Ireland. Smirnov had begun interviewing for the position at Amazon in …

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Yandex delivery and mobility activities stopped or threatened in US, UK, France, Latvia, Estonia

Yandex, the Russian digital giant whose Nasdaq stock trading has been suspended since Feb. 28, laid off over two dozen US-based workers last month, reported The Verge.  Yandex had been operating a small fleet of driverless cars in Ann Arbor, Michigan. Yandex said the vehicle licenses were suspended by the state authorities — which Michigan denies. …

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Russian IT brain drain accelerates dramatically as economy collapses

Since the war in Ukraine began, triggering unprecedented international sanctions against Russia, some 50,000-70,000 Russian IT professionals have left their country, reports the Russian Association of Electronic Communications (RAEC). This is only a first wave, says the association, which expects up to 100,000 additional IT workers to leave in April.  “The only things holding back …

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Miro, a US decacorn born in Russia, closes Russian office and commits €1 million for humanitarian support in Ukraine

In a strong symbol of the crash of Russia’s technology sector, Miro, a US-based decacorn created in Russia eleven years ago, announced last week it was closing its office and stopping sales in its native country.  “We are devastated by the escalating war and human tragedy in Ukraine. We continue to call for a swift end …

Miro, a US decacorn born in Russia, closes Russian office and commits €1 million for humanitarian support in Ukraine Read More

Russian-born startup raises $3 million to make students’ education dreams come true

StudyFree, an edtech startup born in Russia in 2018, has just secured $3 million to continue its international expansion. The investor pool includes I2BF Global Ventures and TMT Investments, two funds with Russian connections, Techstars, as well as Andrey Doronichev and Mikita Mikado.  The former, Google’s ex-director of product management, is a figure of the Russian-speaking community …

Russian-born startup raises $3 million to make students’ education dreams come true Read More

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