Yandex is following Google’s example and intends to enter the international car market. The Russian search giant doesn’t plan to create its own autonomous car like Google, but it is adapting its technologies to the needs of major car manufacturers. Thus, recently, the Yandex.Navigator service recently was built into the Toyota RAV4 Exclusive as well as a Honda car. Also, at the …
Gett, an international on-demand transportation, delivery and logistics company (previously known as Gettaxi), intends to invest no less than $100 million in the Russian market starting from this fall until the end of 2017, an unnamed company representatives told Vedomosti earlier this week. This is nearly one fifth of all the financial means raised by the company …
Gett to invest $100 million in Russia this and next year Read More
French unicorn Blablacar is said to have raised €21.3 million euros from Baring Vostok, a leading Russian private equity firm. The news was reported this morning by Maddyness, an authoritative French tech blog. When contacted by East-West Digital News, Baring Vostok and Blablacar declined to comment on this information, but Maddyness told us that they had access to official …
Blablacar reported to have raised €21.3 million from Baring Vostok Read More
This summer Social Discovery Ventures (SD Ventures), an international technology and investment group with Russian roots, invested an undisclosed amount in Latvian drone company AirDog. The group also is also creating a new co-working space in Riga, which is scheduled for launch in September. In an interview with EU-Startups, SD Ventures founder Dmitry Volkov, a Russian-American serial entrepreneur, explained his interest …
SD Ventures invests in Latvian drone company, opens co-working space in Riga Read More
Yesterday Yandex.Taxi, the taxi booking service of Russian search giant Yandex, announced its launch in the Georgian capital Tbilissi. The service, which involves 200 cars from 11 taxi parks, is available in Georgian, Russian and English languages. Launched in 2011, Yandex.Taxi already operates in 30 cities of Russia as well as in Minsk (Belarus), Almaty (Kazakhstan) …
Yandex.Taxi launches in Georgia — before Ukraine, Estonia and Latvia Read More
Earlier this month Vostok New Ventures, an invesment company listed on Nasdaq Stockholm (formerly known as Vostok Nafta Investment), has injected an additional $2.5 million in Moscow-based online travel agency Onetwotrip.com. This transaction was announced in the company’s H1 2016 activity report, which was published last week. The Swedish fund had already invested $4 million in …
Swedish fund Vostok New Ventures injects $2.5 million in Moscow-based OTA Onetwotrip Read More
At the end of July, during the SIGGRAPH 2016 Forum in California, students from the Skolkovo Institute of Science and Technology (Skoltech) presented a new system for human interaction with drones. Light Air is a technology that helps the user direct a drone by just stepping on an image that is projected onto a surface. This new system received the Laval Virtual Award, a prestigious prize …
SBT Venture Capital, the venture arm of Russian state-controlled savings bank Sberbank, appears to be among the participants in Uber’s latest equity funding round. Led by Saudi Arabia’s Public Investment Fund, this $3.5 billion deal took place this spring, valuing the US startup at $62.5 billion. SBT’s participation was revealed by BNE Intellinews, an online …
Russia’s Sberbank participated in Uber’s latest equity round Read More
Russian law-enforcement officers fear that unmanned cars may be used as instruments of crime in the near future. “In 20 years, conventional cars will be replaced by autonomous vehicles just like they once replaced horses,” said Alexander Bykov, chief of the State Road Safety Inspectorate’s Road Patrol Service department. “However, no one has studied the potential future dangers.” …
Unmanned cars could become new instrument for crime, fears Russian police Read More
A second Russian fund appears to be involved in Hyperloop One‘s latest $80 million round of financing, which was closed in April. Russia’s sovereign fund RDIF has just announced that it took part in the round, without disclosing, however, the amount of its contribution. “RDIF pays great attention to the development of transport infrastructure, including the technological …
Hyperloop One attracted Russian state money in its latest funding round Read More
Like cities throughout the West with Zipcar service, Moscow is a city with great potential for the car-sharing business: its traffic is some of the worst in the world, and parking in the city’s center — within the “Garden Ring” — is prohibitively expensive. Under these circumstances, many people did not think much before signing contracts with Moscow’s major …
Be ready to scream on Facebook, before signing up for Moscow’s car-sharing services Read More
Valentin Demchenko, a video blogger who lives in Saratov, Russia, has created a real-life version of the police drone that can be seen in the computer game “Half-Life 2.” Demchenko says the project took two months to complete. He made the 80 cm-long, 55 cm-high device from scratch using carbon fiber and expanded polystyrene as well as flight controller DJI …
Russian inventor builds a real version of the city scanner drone from Half-Life 2 Read More
