A figure of the innovation scene in Russia, where he has lived for more than 20 years, US investor Kendrick White shares his vision of the innovation potential of Russian universities and the challenges related to its translation into market-oriented products. Although Russia has a great scientific tradition, it has a long history of failing …
How Russian universities can become more innovative and entrepreneurial Read More
Itseez, a Russian company developing computer vision algorithms and implementations for embedded and specialized hardware, has just been acquired by Intel. The US corporation has announced a “definitive agreement” – without disclosing, however, any details of the deal. “This acquisition furthers Intel’s efforts to win in IoT market segments like automotive and video, where the ability to …
Intel acquires Russian computer vision company Itseez Read More
The Turkish division of Vodafone is now providing its customers with a cloud storage offer using a platform created by Russia’s ASD Tehnologies. Christened ‘Güvenli Depo’ (Safe Storage), this cloud service was launched earlier this month together with a 4.5G network across Turkey. Cloudike, the solution developed by ASD Technologies, “enables mobile carriers and device OEMs to extend their …
Russian company sells white-label cloud storage solution to Vodafone Turkey Read More
Kendrick White, director of Marchmont Capital Partners, an investment advisory firm, has worked in Russia for 22 years. In 2013, the US businessman was appointed vice rector for innovation policy at the Lobachevsky State University of Nizhny Novgorod (UNN), a position for which he was suddenly dismissed in June 2015. White now helps Russian inventors find common ground with …
Earlier this month US citizen Kendrick White, a prominent figure in the Russian tech and venture scene, got involuntarily involved in a witch hunt targeting foreign citizens whose presence in Russia is judged “undesirable” in some political and media circles. While civil high tech coooperation had thus far remained virtually unaffected by the international tensions, …
Lobachevsky University, the largest university in the Nizhny Novgorod region, is announcing KomTech-2015, a sizable innovation-focused event to be held between May 20 and 22, 2015. The event aims to assist young innovators in the development of their entrepreneurial mindset, help them put together winning project promotion strategies, encourage transferable skills and activities, and foster …
May 20-22: Meet top researchers, innovators and entrepreneurs in Nizhny Novgorod Read More
Earlier this month RetailNext, a global provider of retail analytics solutions with Russian connections, secured $125 million in growth funding. The company intends to use the new funding to strengthen its presence in North America, Europe and Asia, pursue relevant strategic acquisitions, and grow in new markets. With more than 160 retail customers and new store deployments …
A new group of Russian tech start-ups and university projects arrived in Maryland last week to participate in a two-week training program and meetings with potential investors and partners. This is yet another dimension to cooperation between Russia and the United States in technology innovation, an area which the Western sanctions against Russia do not …
Fourth cohort of Volga tech projects trained in Maryland Read More
Nizhny Novgorod-based investment company Open Innovations, the RVC Seed Fund and DI Group, a Tomsk-based high tech group, have set up a new “fund-accelerator” for hardware startups in Nizhny Novgorod – following a similar initiative earlier this year in Tomsk, Siberia. The fund is starting with 33.4 million rubles (approximately $585,000 at the current exchange rate) under management. The …
Internationally-oriented hardware startup accelerator launched in Nizhny Novgorod Read More
During three weeks, from November 18 to December 12, InnoFest will bring together more than 1,000 young scientists from among university students and postgraduates, as well as research fellows representing research institutes from the Nizhny Novgorod region. High-level government officials and business people from both the domestic and international entrepreneurial communities are also expected. Put …
Nizhny Novgorod to host youth innovation festival with support of Richard Branson Read More
Last week Trivon AG, which does business through its subsidiaries under the Virgin Connect brand in Russia, confirmed its commitment to doing business in Russia and unveiled its latest results during the official opening of its new Nizhny Novgorod regional headquarters. Speaking to regional and local government officials, key customers and members of the press, Istvan Kovacs, …
The Nizhny Novgorod Region in the mid-Volga area plans to launch the inaugural stage of its first IT park this November, the Russian Ministry of Telecom and Mass Communications website announced in late March, following a top-level on-site inspection by the Ministry. The long-awaited 15 billion ruble (about $430 million) Ankudinovka IT Park is one …
Nizhny Novgorod hopes to open first IT Park in November Read More
