Sustainable Development & Resilience

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

November 18, 2020

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

November 11, 2020

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

November 11, 2020

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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Russian entrepreneur brings social distancing to bus transportation

November 12, 2020

With COVID-19 wreaking havoc with transportation worldwide, a Russian entrepreneur, Denis Sverdlov, has proposed innovative, and eco-friendly, solutions for our transit crisis. Sverdlov is the founder of the British-based company Arrival. Already the talk of the town in the electric-vehicle business, the firm has designed public transport buses, that not only promise to lower our …

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20 sovereign funds and international institutions prepare joint response to Covid-19 pandemic

November 12, 2020

More than 20 international investment institutions and sovereign wealth funds, including Russia’s RDIF, are discussing potential coordinated efforts to fight the Covid-19 pandemic. In late April a video conferencegathered these organizations representing Brazil, China, France, India, Italy, Japan, Kuwait, Oman, Russia, Saudi Arabia, Singapore,  South Korea, Thailand, the UAE and the USA. As stated by …

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Yandex launches covid home testing and online school

November 12, 2020

Like other Russian majors, Yandex is demonstrating its commitment to combat Covid-19 through a series of initiatives. The latest one is Yandex.School, a free online education platform which the search giant created “in record time” using its existing educational programs. Launched on March 31, Yandex.School helps teachers, students and parents “retain a sense of normalcy …

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Sberbank combats COVID-19 with disinfection robots, AI-powered medical tests and giant e-commerce loan

November 12, 2020

Last week Sberbank, the Russian financial and tech behemoth, announced it created a disinfection robot “in the shortest time.” It is intended for use in any public place – from hospitals, to schools, to offices, to public transport. This robot – which is an adapted version of a delivery robot – can disinfect a room of 20 sq. …

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From Finland to Japan, Russian startup makes robotics easier to teach in schools

November 12, 2020

School teachers from the Karelia region (Finland) and the St. Petersburg region (Russia) will soon be able to integrate Industry 4.0 topics – from robotics, to 3D printing, to Internet-of-Things, to programming – to their programs.  This program is a joint effort of Lappeenranta and Lahti University of Technology (LUT University), St. Petersburg Polytechnic University (SPbPU), the Lappeenranta city administration, with …

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Sberbank invests in PayZakat, a payment system that helps Muslims collect alms

November 12, 2020

Sberbank, the state-controlled financial giant in Russia, is going to acquire 25% stake in PayZakat, the bank stated without disclosing the financial details of the deal.  This Moscow-based startup has developed a payment platform to help Muslim users collect obligatory and voluntary alms. With the help of PayZakat’s bots in social networks, Muslim users can calculate their …

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Mail.Ru Group’s new browser “focuses on user security and privacy”

November 12, 2020

Half a year after it stopped supporting its first, not-so-successful browser Amigo, Mail.ru Group announced earlier this month the launch of a new browser christened ‘Atom.’ While Amigo had been perceived as excessively intrusive due to the way it had been promoted by Mail.Ru’s partners, Atom “focuses on user security and privacy,” claims the LSE-listed …

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

November 11, 2020

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

Solar power in Russia emerges from the shade

November 11, 2020

While Russia is justifiably known as a major oil and gas producer and exporter, several alternative non-hydrocarbon energy developments have been growing, largely unnoticed and with little reporting. In contrast with many other countries, these technologies are emerging in Russia without any massive “green subsidies,” writes Paul Gontcharoff in Russia Insider. The past three years …

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