In December last year Vostok New Ventures (VNV), a major Swedish investment firm operating internationally, invested $4.5 million in online bus ticketing platform Busfor, in addition to the $4 million it had injected in the company in mid-2018. The latest transaction was revealed yestersday by business daily Kommersant, based on VNV’s latest financial report and …
Swedish investor VNV injected $8.5 million in Busfor in 2018 Read More
Get Transfer, a car rental startup with Russian roots operating internationally, has raised $8 million in total since early 2018, with a last capital injection of $3 million this month. The main investors are two international funds with Eastern European managers, Emery Capital and Castel Capital, and Russian airline S7 Group. The latest deal valued Get Transfer at …
Russian-founded startup raised $8 million to develop car rental services across the world Read More
Yandex.Taxi, the joint venture created last year by Yandex and Uber to merge their activities in Russia and neighboring countries, intends to go public in the future, said a Yandex executive last week on the sidelines of the World Economic Forum in Davos. “We already said in the past that Yandex.Taxi can and is likely to …
Yandex, the Russian Internet giant that develops intelligent products and services powered by machine learning, is operating a self-driving car in Las Vegas with just a safety engineer in the front passenger seat (NVO Mode). The company will be providing demonstration rides of its self-driving car on the public streets of Las Vegas starting from the Hard …
Skolkovo resident company 3D Bioprinting Solutions has become the first company to use a 3D printer to create live tissue in space, printing an organ construct for the thyroid gland of a mouse on board the International Space Station (ISS) this month. The experiment was carried out by Russian cosmonaut Oleg Kononenko in the Russian …
Momentus, a US startup founded by Russian entrepreneur Mikhail Kokorich, wants to offer in outer space the same services that DHL and FedEx provide on Earth, but with multi-million dollar ‘packages.’ The company plans to move satellites from one orbit to another one. Momentus is planning to use the funds to launch its Vigoride rocket, …
US startup with Russian roots seeks to develop ‘space delivery’ business Read More
Moscow-based Cognitive Technologies said its new 4D radar for driverless cars surpasses humans in analyzing road conditions. The first prototype can determine the location, shape and speed of objects on the road in any weather conditions, the company announced. “It’s like a ‘third eye’ for the driverless vehicle,” said Olga Uskova, president of Cognitive Technologies, …
Russian company claims to have created world’s first 4D radar for driverless tech Read More
Self-driving taxis are making their first steps in Russia with a new experiment led in Innopolis, a brand new tech city under completion on the outskirts of Kazan, 800 km eastwards from Moscow. In just two months, from Aug. 25 to Oct. 28, 1,000 autonomous rides with passengers were completed, claims Yandex.Taxi, the company behind …
Several news came last month from Yandex.Taxi, the taxi-hailing company which merged activities in Russia and some neighboring countries with Uber earlier this year. The company bought the software assets of a Moscow-based company, Nowtaxi. The software supports the accounting of operations with affiliated drivers and provides related analytics. Formally, the software assets, not the company, have …
Yandex.Taxi asserts market leadership, announces new acquisitions Read More
On October 16-17, Russian tech startups will have an opportunity to present their projects to a variety of investors, innovators, scientists from 30 different countries. Some 35 speakers have been invited from China, the USA, Mexico, the UK, France, Italy, Lichtenstein, Vatican and other countries, in addition to Russian representatives. This exceptional gathering will take …
Dubbed ‘Food Ball’ in reference to this year’s world football cup, this startup aggregates food orders from train passengers during long-distance journeys. Based in Omsk, Siberia, and competing with the traditional dining cars of Russian Railways, the startup claims to partner with more than 500 fastfood chains, cafés and restaurants in more than 80 cities …
Russian startup organizes food delivery to train passengers Read More
Russian startup Deliver (formerly iCanDeliver) has just announced the completion of a $7.5 million investment deal. The backers are Russian Direct Investment Fund (RDIF) and Mubadala, the Russian and Abu Dhabi sovereign funds, respectively. The respective contributions of the two funds have not been disclosed, but Deliver founder Danil Rudakov told Vedomosti that the investment will …
