Mobility

GroozGo: 3rd investment in a row in Russian online cargo transportation projects

July 4, 2017

Illustrating the growing traction of the online cargo transportation market, Moscow-based logistics services provider KPD-Cargo has acquired a majority stake in online trucking service GroozGo for $2.1 million. Reported earlier this month, the deal move came just two months after a competing Russian project was announced, and almost simultaneously with another funding round for Deliver, which attracted …

GroozGo: 3rd investment in a row in Russian online cargo transportation projects Read More

Almaz Capital and Sistema VC invest $4 million in US mobile travel service

June 27, 2017

Almaz Capital, an international venture fund with Eastern-European roots, and Sistema VC, the venture arm of the Russian conglomerate Sistema, have invested $4 million in a US mobile travel app called FinalPrice. With FinalPrice’s iOS mobile app, users “get access to the secret cache of ultra-low prices on flights, hotels, and car rentals” for $99 per …

Almaz Capital and Sistema VC invest $4 million in US mobile travel service Read More

Top Russian and Singapore investors inject $8 million in online freight service

June 25, 2017

Confirming the appeal of the online cargo transportation market, Russian startup Deliver (formerly iCanDeliver) has just announced the completion of a substantial round of funding. The move is coming just two months after a competing Russian project was announced, and a few weeks after the international launch of Uber Freight. The Russian fund Inventure Partners has just …

Top Russian and Singapore investors inject $8 million in online freight service Read More

Yandex.Taxi unveils driverless car prototype

July 13, 2017

Yandex.Taxi, the on-demand transportation service of the Russian Internet search giant Yandex, has just unveiled the prototype of its autonomous car project. The prototype has been developed as “a step towards a comprehensive set of driverless technologies for application across a wide range of industries.” The driverless car incorporates Yandex’s own technologies, such as mapping, …

Yandex.Taxi unveils driverless car prototype Read More

Smart Moscow: How technology transforms urban living

May 5, 2017

Over the past several years, Moscow has turned into a global leader in the introduction of urban smart technologies and accessible communications. Muscovites can now recharge their smartphones and tablets while waiting for the bus, and access the Internet via lamppost hotspots. Free Wi-Fi for all passengers Muscovites can no longer imagine urban life without …

Smart Moscow: How technology transforms urban living Read More

Russian warehouse operator plans to launch “Uber for cargo carriers”

November 12, 2020

Multinational Logistics Partnership (MLP), a major operator in the Russian warehouse real estate industry, intends to launch an interactive transportation management system for cargo transportation in Russia. The project is expected to start operations in the course of this year. Dubbed ‘TransCord,’ the system will track information about registered carriers and cargoes. An advanced selection algorithm automatically will identify …

Russian warehouse operator plans to launch “Uber for cargo carriers” Read More

Russian developers invited to Vilnius international hackathon (apply until April 24)

April 20, 2017

Developers from Russia and other Eastern European countries are invited to a 48-hour international hackathon to develop new IT solutions for the aviation and travel industries. Hacker Games Pro: Aviation will be held at Vilnius Tech Park on April 28-30. More than 100 participants are expected. Teams will work either independently or in cooperation with …

Russian developers invited to Vilnius international hackathon (apply until April 24) Read More

Russia can compete with SpaceX, Kremlin claims

April 2, 2017

The Silicon Valley entrepreneur’s SpaceX company made history on March 30 when it launched and landed a used rocket. No one has ever done that before. And the breakthrough has forced Russians to grapple with the decay and struggle of their own national space program. The SpaceX milestone was “an important achievement,” Kremlin spokesman Dmitry Peskov told reporters in Moscow on Friday. But he said it is important …

Russia can compete with SpaceX, Kremlin claims Read More

Russian and Belorussian businessmen invest $100 million in AI projects worldwide

April 1, 2017

The global AI investment fever has hit Eastern Europe with two funds, Larnabel VC and VP Capital, making their first local and international deals under a joint $100 million investment program. Larnabel VC is the venture arm of the Gutseriev family, one of the richest in Russia. VP Capital is the investment vehicle of Belarussian businessman Viktor Prokopenya. Any project types are potentially eligible. “We …

Russian and Belorussian businessmen invest $100 million in AI projects worldwide Read More

UK e-taxi solution provider launches in Russia

March 23, 2017

Earlier this month Splyt, a UK company which presents itself  as “a leader in tech solutions for the urban mobility industry,” opened an office in the Russian capital. Splyt will provide its white label solutions to local taxi and ride-hailing services willing to measure themselves against such giants as Uber, Gett or Yandex.Taxi. Among these solutions is the …

UK e-taxi solution provider launches in Russia Read More

Alibaba leads $18 million round for AR/VR car navigation startup WayRay

March 17, 2017

Wayray, a startup with Russian origins which has developed “the first holographic car navigation system,” has attracted $18 million in a Series B round led by Alibaba and other undisclosed investors. Headquartered in Lausanne, Switzerland, WayRay builds heads-up displays for drivers, as well as fully augmented reality and virtual reality immersive systems intended for eventual …

Alibaba leads $18 million round for AR/VR car navigation startup WayRay Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.