Regions & cities

How Russian universities can become more innovative and entrepreneurial

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 …

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Skolkovo startups out in force at CES in Las Vegas

Several resident startups of Skolkovo, the international tech hub under completion on the outskirts of Moscow, took their products and technologies to Las Vegas last week for CES, one of the world’s biggest consumer technologies exhibitions and conferences, which ran from January 9 to 12. Promobot robots take a break with their creators after a busy …

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French ambassador visits Skolkovo amid week of Russian-French cooperation

Skolkovo, the international tech hub under completion on the outskirts of Moscow, took its cooperation with France to a new level last week, with the visit of ambassador Sylvie Bermann to the innovation city and the signing of a memorandum of understanding with two French business organisations. The visit took place on Wednesday last week, one …

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As Moscow goes high-tech, so does its surveillance system

Moscow is plowing billions of dollars into reinventing itself as a modern, tech-friendly European city, and its system of remote surveillance is also ballooning. Over the past six years, the city has contracted with telecommunications operators to install more than 130,000 cameras, many of them boasting high resolution, zoom and swivel functions, and an uplink …

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World’s first in Moscow: Self-driving taxis tested in the snow

Unmanned vehicles were unleashed on the snow-covered roads of the Moscow Region earlier this month “for the first time in history,” claims Yandex.Taxi, the taxi hailing service of the Russian Internet search company, which held the experiment. Yandex.Taxi wanted to check how their automatic cars fare during the winter when snow can obscure road markings, …

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Yandex.Taxi acquires food delivery service Foodfox

Yandex.Taxi — the taxi service of Yandex which is preparing to merge its activities with Uber in Russia and neighboring countries — has acquired  food delivery service Foodfox. The two companies declined to comment officially on the deal, but an unnamed internal source at Yandex.Taxi told RBC, a major Russian business publication, that the taxi hailing service …

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New state-backed venture fund aims to invest $175 million in Russia’s Far East

Three major Russian institutions — the Far East Development Fund, national fund of funds RVC and nanotech giant Rusnano —have ambitious investment plans for their new Far East venture fund that will support technology development in this far-flung Russian region. Dubbed “Far East High Tech Development and Implementation Fund,” the new investment vehicle aims to …

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Moscow to host major conference on Blockchain and cryptocurrencies (Dec. 8-9)

On December 8-9, Moscow will play host to Cryptospace Conference presented as Eastern Europe’s largest conference dedicated to the Blockchain technology and cryptocurrencies. The event, organized by KICKICO, aims to overcome the localization of standard activities of the Russian crypto community, to bring them to a new level thanks to 40 top speakers from Asia, …

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Russian government announces first Blockchain project

As the blockchain craze continues in Russia, the government has announced the first project based on this technology – converting the land and property registry of all Moscow property to a blockchain. The pilot blockchain project will run from January to July 2018, focusing on verifying information from the property registry, which is normally run …

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How bitcoins are mined in Moscow kitchens

Dmitry Gutov’s Moscow kitchen is home to an automated mining operation. Not for gold and industrial metals like many of his country’s exporters, but for bitcoin-like cryptocurrencies such as Ethereum’s ether. Since installing a DIY system assembled from multiple computer graphics processors in April, Gutov has earned $3,000 of virtual currency and paid off the …

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Seedstars reveals 12 promising Russian seed-stage startups

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is bringing its pre-selection rounds to an end. With the support of the local partners #tceh, HSE and the Swiss embassy, Seedstars World will be holding a pitch event on October 14 at IIDF (FRII), a leading Moscow-based startup investment fund. Thus …

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