Greentech

Russian startup raises millions to revolutionize garbage collection

East-West Digital News is happy to bring to its readers this business-as-usual, non war-related story. As industry publication RB.RU just reported, a Russian garbage recycling technology startup called Ubirator raised 170 million rubles (some $2.25 million at the pre-war exchange rate).  Founded in 2018 by Nikita Nikishkin and Alexey Khatskevich, two MIPT (PhysTech) graduates, Ubirator …

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X5 Group teams up with Plug and Play to bring more sustainability to Russian retail

X5 Retail Group, a leading Russian food retailer listed on the Moscow and London stock exchanges, is launching an international joint program with Plug and Play to scout for innovative approaches to sustainable development. The program will focus on reducing waste and greenhouse gas emissions as well as sustainable packaging. It will start in the …

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Decarbonization: Russian scientists bet on AI while government sets meagre country goals

Sber, Russia’s state-controlled financial and digital giant (previously known as Sberbank), and the Skolkovo Institute of Science and Technology (Skoltech), intend to develop software program to “evaluate the carbon balance drawing on remote sensing of the Earth.” The program aims to “facilitate the comprehensive analysis [which is] required [to make] effective decarbonization decisions and design …

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Skolkovo to host new tech park for “greener technologies, production processes and supply chains”

Last week, on the sidelines of the Open Innovations international forum, Skolkovo Foundation and Helyx Technologies inked a cooperation agreement to implement a “green tech park.” The initiative builds on the GreenTech Startup Booster, launched last year, which is now touted as “the largest international program for the development and implementation of technological projects in the field of ecology.” The new …

Skolkovo to host new tech park for “greener technologies, production processes and supply chains” Read More

St. Petersburg startup makes handbags, fashion accessories and items of home decor from 99% repurposed plastic

Three enthusiasts and an old garage is all it took to make a plastic-processing machine and then launch 99recycle, a brand that is now renowned across St. Petersburg for its handbags, fashion accessories and items of home decor made from processed plastic and textiles. The story of how it happened told by the brand’s co-founder Anton Rykachevsky …

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NorNickel adopts blockchain for a more responsible supply chain management

As more and more global companies adopt corporate blockchain solutions, Norilsk Nickel (NorNickel), the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has announced it is joining the Responsible Sourcing Blockchain Network (RSBN), a network aimed at supporting responsible sourcing and production practices from mine to market. According to NorNickel, the move …

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Oleg Dubnov of Skolkovo Energy Cluster: “Green is not contradictory to business — and technology is key to this”

After holding top positions across the Russian energy industry for more than a decade, Oleg Dubnov has been heading Skolkovo’s energy cluster since 2017. He shared with East-West Digital News fresh insights about the emergence of green technologies in Russia, the related industrial challenges and the international potential of Russian startups in this field. So …

Oleg Dubnov of Skolkovo Energy Cluster: “Green is not contradictory to business — and technology is key to this” Read More

Rostelecom to take control of waste management solution provider for $16.7 million

Rostelecom, Russia’s national telecom operator, is in the process of acquiring a 51% stake in Bolshaya Troika (Big 3), a provider of waste processing automation solutions. The transaction, which amounts to 1.275 billion rubles ($16.7 billion at the current exchange rate), will be completed in the first half of 2021 “after successful launch of a …

Rostelecom to take control of waste management solution provider for $16.7 million Read More

EU-backed climate conference to showcase 20 greentech startups (Dec. 1-3)

Green technologies and innovations from high potential startups are key contributors to the global effort on reaching ambitious climate targets. With this in mind, the EU Delegation to Russia wants to showcase EU and Russian startups that develop and promote green technologies and innovation. A pitching competition is being organised in the run-up to the EU-Russia Climate Conference, …

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Russian-founded startup secures $4 million to spread high-tech farming across cities of the world

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 …

Russian-founded startup secures $4 million to spread high-tech farming across cities of the world Read More

Skolkovo launches green tech accelerator with support from major Russian and international partners

Last week Skolkovo, the international tech hub on the outskirts of Moscow, announced the launch of GreenTech Startup Booster, presenting it as a first in Russia.  The program is intended for companies or teams with ready-made products or prototypes of solutions that tackle environmental issues. Skolkovo expects “over 500 applicants” Six themes are covered: reducing …

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Siberian startup secures $1 million to develop “vertical farms” across Russia and Europe

iFarm, a Novosibirsk, Siberia-based startup, has just secured $1 million in a round led by Gagarin Capital – the California-based VC firm founded by Nick Davidov and Mikhail Taver – with participation from individual Russian investors. The details of the deal have not been disclosed. This agritech startup builds vertical farms, which “use a footprint …

Siberian startup secures $1 million to develop “vertical farms” across Russia and Europe Read More

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