Regions & cities

ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund

July 8, 2014

In late June Russian fund AddVenture teamed up with the Moscow Seed Fund, the venture arm of the Moscow city authorities, to inject a second investment tranche into Moscow startup ChefMarket.ru, following an initial investment in December last year. ChefMarket offers home delivery of food products based on recipes from renowned Russian and West-European chefs. Along with …

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Russian robots to keep households safe and sound

July 8, 2014

There are currently plenty of solutions on the international market that allow customers to ensure domestic safety with the help of special wireless sensors (motion sensors, smoke detectors, etc.). But these sensors have a number of drawbacks, such as incomplete coverage and lack of video confirmation, while multifunctional sensor devices are fairly expensive and are …

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RVC and Skolkovo inject $1.2 million in micro-sized antenna maker

June 30, 2014

S-Group Capital Management, an affiliate of the fund of funds RVC, has teamed up with Skolkovo’s nuclear technology cluster to inject 40 million rubles (approximately $1.2 million) in Bisant, a Moscow-based high tech antenna manufacturer. A resident company of Skolkovo, the international tech hub under construction on the outskirts of Moscow, Bisant describes its micro antenna devices …

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Top university teams up with Otto Group for e-commerce education

June 19, 2014

Top Russian university Higher School of Economics (HSE) has teamed up with eSolutions, an e-commerce service provider launched by the Otto Group, in an ambitious academic and professional partnership. While eSolutions specialists will participate in some of the university’s educational programs, the students will offer marketing research for the German company and benefit from internship …

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Vkontakte cofounders building technopark in St. Petersburg

June 13, 2014

Seleсtel, a data center company owned by Vkontakte cofounders Lev Leviev and Mikhail Mirilashvili, is investing about 1 billion rubles (about $29 million) in the first stage of a technopark in the Moskovsky district of St. Petersburg. It will house IT startups that Selectel is involved in. The technopark will include office space, a warehouse …

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At Skolkovo’s Startup Village, exoskeleton for the physically impaired wins jury’s hearts

June 10, 2014

A “socially important and technologically advanced” robotic solution was picked for the first prize at last week’s Startup Village, a sizable annual competition for young technology innovators held at Skolkovo, Russia’s largest state-sponsored innovation hub under construction just outside Moscow. ExoAtlet walked away with the first prize, following two days of rigorous pitching sessions that …

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Siberian researchers develop telecommunication system for underwater robots

June 2, 2014

Researchers at Tomsk Polytechnic University (TPU) in Siberia are developing new telecommunications systems to monitor and control next gen self-contained underwater robots, the Russian news agency RIA Novosti reported last week, citing TPU’s vice rector for science and innovation, Mikhail Sonkin. In this effort the Siberian University is collaborating with the Institute of Oceanic Technology Problems, …

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E-shop builder ECWID raises $5 million, celebrates half a million registered merchants globally

May 21, 2020

ECWID, arguably one of the most successful Russian startups of the past few years, announced today that it has secured $5 million from iTech Capital and Runa Capital, two major Moscow-based venture funds with global portfolios. The startup will utilize the Series B funds to accelerate its already rapid growth, further developing its mobile and …

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Intel to complete research center at Skolkovo “in a year or two” despite sanctions

May 28, 2014

Intel plans to set up its research division at Skolkovo ”either in 2015 or 2016,” depending on the office buildings and infrastructure, vice president of the corporation for EMEA Christian Morales told ITAR-TASS on the sidelines of the 14th St. Petersburg International Economic Forum last week. According to the 2011 agreement signed by Intel and …

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International forum in St. Petersburg highlights startup, tech transfer and social entrepreneurship issues

April 15, 2015

On May 13-15, scientists, businessmen and public servants met to discuss new opportunities for companies and universities at the VIII International “From science to business” Forum in St. Petersburg, Russia. More than 200 participants from 50 cities and 10 countries gathered at the event. The event was co-organized by ITMO, a St Petersburg based national technical …

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Industry leaders to discuss Russian and global e-commerce trends at Moscow conference

May 14, 2014

East-West Digital News is proud to announce Russia’s first internationally-oriented industry event, the e-Days E-Commerce Conference, which will be held on June 6 in Moscow in partnership with comScore, InternetRetailer.com and PwC as well as with western chambers of commerce, Russian industry associations and online marketing agency BuzzFactory joining as co-organizers. Virtually all the industry’s leading players – including …

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