Mobility

Russian startups present their public security solutions in France

December 9, 2016

Amid heightened security alerts in airports, train stations and other public places across the world, Skolkovo startups working on security solutions for crowded places have travelled to France to demonstrate their technologies and search for potential partners. The delegation, which consisted of seven resident companies from the nuclear and IT clusters of the Russian tech hub, embarked …

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On-demand ride service Gett receives $100 million loan from Russia’s Sberbank

November 12, 2020

Today Gett announced that it has received a $100 million loan facility from Sberbank CIB, the corporate and investment banking branch of Russian national savings Sberbank. This funding comes on top of $540 million previously raised by the company since 2010, according to Sberbank CIB.  The last round of financing took place in May 2016, with Volkswagen Group …

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Russia set to become Blablacar’s largest market in 2017

November 12, 2020

Blablacar’s activity in Russia has reached a “phenomenal level,” said its co-founder and CEO Nicolas Bruisson in a recent interview with French business daily Les Echos. “Our concept is popular there, there was a demand but little competition,” Bruisson said. He expects Russia to become his company’s number one market, even before France, in 2017. The French …

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Russian sovereign fund makes new investment in Hyperloop One, aims to develop new projects with US and Asian partners

March 2, 2017

Russia’s sovereign fund RDIF has “increased by several times” its investment in Hyperloop One, the Californian startup which aims to commercialize next-gen transportation technologies. The transaction — which was part of Hyperloop One’s latest round of funding last month — was revealed on Saturday at the APEC summit in Lima by the fund’s CEO Kirill Dmitriev. Dmitriev presented Dubai port operator DP World, which led the …

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Yandex.Taxi launches in Ukraine

March 2, 2017

In late October Yandex, the Russian search giant, launched taxi booking service Yandex.Taxi in Ukraine. The service – which operates exclusively in partnership with taxi companies – is available exclusively in Kyiv (Kiev), but Yandex plans to expand it beyond the Ukrainian capital. “Our next targets are Odessa, Kharkov (Kharkiv) and Dnipro [previously known as Dnepropetrovsk or …

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Russia’s first driverless electronic bus unveiled at Skolkovo

November 7, 2016

“Matrëshka,” the first electronic driverless bus in Russia, was revealed in late October in Skolkovo, the international tech hub under completion on the outskirts of Moscow. Designed to carry up to eight passengers, the bus was showcased at the annual international forum of innovative development, “Open Innovation.” The bus is controlled by computers and equipped …

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Busfor secures $20 million “to reinvent bus travel” across Europe and beyond

November 12, 2020

Busfor, an online bus ticketing and distribution platform based in Moscow, Russia, and Kyiv (Kiev), Ukraine, has just raised $20 million from private equity funds Baring Vostok Capital Partners and Elbrus Capital. Since its inception in Ukraine in 2010, the company — previously known as Gillbus — had received financial support from Intel Capital, InVenture Partners and FinSight in 2014, …

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Russia to develop direct rail transport corridor from China to Europe

March 2, 2017

Russian Railways (RZD) and Russian Post, have agreed to transport mail between China and Europe by interstate rail transport, the railways company reported earlier this month. The agreement, which was signed in the form of a roadmap at Sochi-2016, an international investment forum, on September 30, aims to address the growing demand for international shipping of letters and …

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Ziyavudin Magomedov becomes member of Hyperloop One’s board of directors

October 24, 2016

Ziyavudin Magomedov, a top businessman from Dagestan, took part in Hyperloop One’s latest $50 million round of funding and became a member of the US startup’s board of directors, Russian business daily RBC reported last week. The Russian billionaire had already participated in two previous rounds of the company. The latest one, which amounted to $80 million, …

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Google celebrates Trans-Siberian Railway

March 2, 2017

Yesterday Google dedicated its daily Doodle to the 100th Anniversary of completion of the Trans-Siberian Railway, which has “helped link a nation with the world.” Russia still depends on this railway to traverse nearly 9,300 kilometers from Moscow, Europe’s largest city, to Vladivostok, which neighbors China, Korea and Japan. “In just seven days, the railway transports travelers and …

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Blablacar starts to monetize in Russia

November 12, 2020

BlaBlaCar, the Paris-based global ridesharing giant, will now take a fee from passengers for every booking in Russia and neighboring countries. Since the company launched in the area in 2014, passengers had enjoyed free access to book their trips. They only had to pay cash to the driver to share riding costs. Blablacar says that its approach is to …

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Driverless truck system will cruise Russian roads in 2017

April 14, 2017

Moscow-based Cognitive Technologies said it’s ready to release a pre-commercial version of an advance driver assistance system with artificial intelligence, or ADAS, for Russia’s KAMAZ truck. ADAS qualifies as Level 1 according to the Society of Automotive Engineers (SAE), which means that it can detect road signs and warn about a possible collision with another …

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