International

Nobel Prize winners’ tech anticipations encapsulated at major Moscow conference

December 13, 2021

This year’s edition of Open Innovations — one of Russia’s top tech events — was marked by the participation of holders of Nobel, Fields, Wolf and Abel Prizes, leading Russian and foreign scientists and futurists, alongside representatives of corporations, businesses and government bodies. They shared their vision of the future with over a million of viewers from 70 countries followed expert presentations. …

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Flint Capital’s new $103 million fund already claims two successful exits

December 10, 2021

In June this year Flint Capital, a Boston-based venture firm with Russian roots, closed its second venture fund, attracting $103 million to invest in startups from Seed, to Series A and B stage startups.  The firm publicly announced its new fund only this week, as it already invested in no less than 18 startups with two successful exits — Loom …

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From unmanned factories to harsh workshops: The present and future of industrial digitalization discussed at top Moscow conference

December 17, 2021

It is still difficult for industrial companies to understand why they are in need of digital transformation. The ideal future for the industry will be not just the automation of the existing processes, but the establishment of new business models. This and other topics were discussed at Nobel Vision. Open Innovations 2.0, a major international conference held yesterday at Skolkovo …

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Why the Kremlin blocking TOR is a big deal

December 17, 2021

Like many significant political developments of late, the decision to block TOR came almost unannounced by the Russian authorities. TOR — an acronym for “The Onion Router” — is encryption software that allows users to stealthily surf the Internet and bypass locally imposed web restrictions. Russian internet users spotted the blocking of TOR, and it was only after …

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VK ownership changes have both political and business motives, say Russian pundits

December 8, 2021

While the restructure in VK (ex-Mail.ru Group)’s ownership announced last week is making the Kremlin’s control over Russian social media even stronger, business motives are also involved, believe insiders.  As reported by The Bell, Sogaz is said to be the real managing partner here, even though technically speaking, the new ownership structure at VK is a diarchy with …

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Russia launches homemade TikTok alternative

November 30, 2021

Russia’s leading media conglomerate has launched a domestic rival to the hugely popular video-sharing app TikTok as Russia’s campaign to reduce the influence of foreign websites and technology advances. Gazprom Media, a subsidiary of state-owned gas giant Gazprom, launched the service, named ‘Yappy,’ on Monday. It is currently available to download from both the Apple …

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Russian-American startup TraceAir secures $5 million to address “burning needs” in US construction industry

November 30, 2021

Less than one year after securing its Series A round ($3.5 million), TraceAir, a construction software startup with Russian roots, has attracted $5 million from Flashpoint Venture Capital, reports Rusven. Founded in 2015, TraceAir has developed a cloud platform to help construction companies control quality and costs with the help of drone data, smart analytics and an …

Russian-American startup TraceAir secures $5 million to address “burning needs” in US construction industry Read More

Beyond Meat hit by Russian counter-sanctions

November 28, 2021

U.S. fake meat manufacturer Beyond Meat has fallen foul of Russia’s counter-sanctions on Western food imports, the Kommersant business daily reported Thursday. Imports of Beyond Meat’s plant-based meat alternatives have been suspended due to a dispute over whether the products violate Russia’s sweeping ban on Western agricultural products. The food embargo was introduced in 2014 in retaliation to EU …

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Sber creates virtual human to host Russian TV show

November 27, 2021

A virtual human built by Russian tech and finance giant Sber (ex-Sberbank) is hosting the Markets and Investor Calendar shows on RBC TV this month. Sber’s subsidiary SberDevices designed virtual host Elena using its new Visper platform for transforming pictures and audio recordings into AI characters that can realistically imitate human beings. Elena is an …

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Russian jewelery made available to Western European consumers via Zalando

January 20, 2022

Jewelery lovers from France, Germany and Italy can now buy creations from Sokolov, one of the most established Russian jewelers, through Zalando. Sokolov is the first Russian jewelery brand to have made its products available on this major Western European marketplace.  Zalando customers can receive these Russian-made items within just 1-2 days (premium service) or …

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Venture Camp in Dubai: A breathtaking business and leisure experience!

December 7, 2021

This VC Camp in the UAE will uniquely combine networking, learning, and adventure. Reserved for tech investors, this event offers a rare opportunity to find partners, discuss deals, learn from each other — and have loads of fun!  Camp features include:  Interactive masterclasses and group discussions Desert survival and best practices Sand buggies and 4×4 ride through sand dunes …

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New ESG Innovation Index praises Moscow city’s “tremendously effective public transport” and numerous edtech entrepreneurs

November 23, 2021

Moscow ranks second among Europe’s largest cities in the ‘Future City ESG Innovation Index,’ put together by Munich-based think tank DEEP Ecosystems.  This new index aims to assess “the potential of innovation hubs to support sustainable innovation in the ESG fields.” Its four sub-indexes, eight compound metrics and 29 individual indicators cover the “Community of ESG Entrepreneurs;” their …

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