The European Bank of Reconstruction and Development, or EBRD, has pulled out of a planned joint investment fund with state-owned technology investment company Rusnano, after the EU clamped down on EBRD lending in Russia over Moscow’s actions in Ukraine, Rusnano CEO Anatoly Chubais was quoted as saying by ITAR-Tass on Tuesday. The EBRD, which has more than 300 active projects in Russia, froze its financing of new projects …
US corporation Applied Materials has refused to supply equipment for Crocus Nanoelectronica, the plant which will manufacture magnetoresistive random access memory (MRMA) chips in Moscow, head of Rusnano Anatoly Chubais said in an interview with ITAR-TASS. Crocus Nanoelectronica is a joint venture between Rusnano, the Russian state corporation dedicated to nanotechnologies, and French high-tech firm Crocus Technology. The …
Two major US high tech firms stop supplying Russian partners Read More
Project Healbe has received $2.6 million investment from a group of unnamed private investors, along with Dmitry Chalyy, Alexander Tarakanov, Alexey Girin and the Starta Capital Accessor Fund. Healbe combines a cloud service with fitness bracelet GoBe. Starta Capital first invested $200,000 in Healbe in 2012. Since then the project has received $3 million in …
Fitness bracelet Healbe receives $2.6 million investment Read More
Moscow-based company T8 Publishing Technologies is planning to invest no less than 6 billion rubles (approximately $170 million) in an ambitious print-on-demand project, the Moscow authorities announced last week. The company claims it has acquired rare printing equipment that, combined with a special electronic publication platform, enables profitable printing of any quantity of copies – …
Russian Superconductor, a company set up to promote the superconductor segment in Russia, is expected in the next few months to launch the pilot production of next-gen high-temperature superconductors at the Kurchatov Institute in Moscow, the Russian news agency RIA Novosti reported, citing head of the Kurchatov Superconductivity Center Vitaly Kruglov. According to a range of …
Next-gen superconductor production about to kick off in Moscow Read More
There are currently plenty of solutions on the international market that allow customers to ensure domestic safety with the help of special wireless sensors (motion sensors, smoke detectors, etc.). But these sensors have a number of drawbacks, such as incomplete coverage and lack of video confirmation, while multifunctional sensor devices are fairly expensive and are …
As part of a large set of actions that are designed to lessen Russian reliance on foreign technology and digital services, government agencies in the Irkutsk region (Siberia) were ordered last month by the presidential administration to stop using the services of Google. The ban concerns the use of Google’s web resources for the storage …
Russia wants no more reliance on foreign high tech Read More
S-Group Capital Management, an affiliate of the fund of funds RVC, has teamed up with Skolkovo’s nuclear technology cluster to inject 40 million rubles (approximately $1.2 million) in Bisant, a Moscow-based high tech antenna manufacturer. A resident company of Skolkovo, the international tech hub under construction on the outskirts of Moscow, Bisant describes its micro antenna devices …
RVC and Skolkovo inject $1.2 million in micro-sized antenna maker Read More
Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in Palo-Alto headquartered Weaved in exchange for a 2.69% stake in the company’s capital. Weaved’s mission is “to become the ‘DNS’ for the Internet of Everything”. To that end, it is developing software and services that allow devices to be securely connected via …
TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved Read More
Over the past months Russian seed-stage fund SpinUp Partners has invested in two Asian startup accelerators – a pioneering move among Russian funds, which usually consider California the prime destination in their global investment strategy. In March, SpinUp Partners was the secondary investor in an international consortium that injected $2.1 million into Singapore-based Joyful Frog …
SpinUp Partners leads Russian startups to global markets via Singapore accelerators Read More
Compass-EOS, a US-Israeli next-gen router developer, has unveiled plans to open a new representative office in Russia, which will include an R&D and Commercial Sales center. The networking company, with its photonic backplane technology icPhotonics, is coming to Russia at a time when domestic Internet traffic is expected to exhibit continued strong growth, while Russian …
US-Israeli router developer to launch R&D and sales office in Moscow Read More
Researchers at Tomsk Polytechnic University (TPU) in Siberia are developing new telecommunications systems to monitor and control next gen self-contained underwater robots, the Russian news agency RIA Novosti reported last week, citing TPU’s vice rector for science and innovation, Mikhail Sonkin. In this effort the Siberian University is collaborating with the Institute of Oceanic Technology Problems, …
Siberian researchers develop telecommunication system for underwater robots Read More
