Regions & cities

Displair on the verge of bankruptcy; seeks “new strategy”

Displair, an award-winning startup based in Astrakhan, Russia, is preparing itself for bankruptcy, said founder Maxim Kamanin in a voice message to the project’s team that the Russian tech publication Siliconrus.com leaked a few days ago. The company, which not long ago was considered one of the best Russian startups, became well known as the …

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Government-sponsored startup tour to bring innovation expertise to 26 Russian cities

Next week a group of select innovation experts, venture capitalists and representatives of large corporations will start a three-month-long road show through 26 Russian cities – from St. Petersburg, to Astrakhan on the shores of the Caspian Sea, to Tomsk and Yakutsk in Siberia, to Vladivostok in the Far East – aiming to meet thousands …

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Russian and French clusters to pool efforts in microelectronics

In late December the Zelenograd microelectronics cluster, part of a major innovation and industrial center just outside Moscow, signed a memo of intent with a counterpart in Grenoble, France. The partners are pursuing a dual goal of upgrading sector-related education standards in the Russian region and intensifying interaction in industry-oriented R&D. The Moscow city administration …

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Russian startup Synqera brings online shopping experience to physical retail storefronts

Synqera, a Russian startup operating internationally, has announced that it will test its personalization and data analytics technology with LAND, a premium supermarket with nine stores in St. Petersburg. This technology brings online shopping experiences to physical retail storefronts, leveraging data collection and analysis for real-time prediction of customer preferences and relevant product recommendations. LAND …

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TechCrunch Moscow conference highlighted startups that address “fundamental human needs”

Earlier this month, the 4th annual TechCrunch Moscow conference showcased many of Russia’s hottest tech startups. The conference aimed to show how innovation can “address the fundamental human needs more efficiently to increase the quality of life.” No fewer than 39 Russian tech start up stars competed to win the Startup Battle, and an additional …

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Schneider Electric’s Skolkovo R&D center idea, 18 months in the making, finally takes shape

Schneider Electric, a Paris, France-based global expert in energy management, is opening its own R&D center in Skolkovo, the government-sponsored innovation hub still under construction just outside Moscow. The French company announced the planned center and received residency status in Skolkovo 18 months ago. Under the terms of a cooperation agreement inked between Schneider Electric …

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Voronezh region now has its first IT project accelerator

The sizable agricultural and industrial region of Voronezh, some 500km south of Moscow, is expected to host GlassHouse, the first venture accelerator for IT projects in the entire Russian “Black Earth” region along the border with Ukraine. The accelerator will feature a premium-class office center and is designed to foster the rapid development of high-tech …

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Operators’ strategies, app trends and innovative mobile payments discussed in St. Petersburg by industry players from 19 countries

The 10th edition of the yearly Mobile VAS & Apps Conference – probably the largest event on these topics in Eastern Europe – was held in St. Petersburg in late November in partnership with East-West Digital News. The conference was attended by over 500 participants from 19 countries, most of them CEOs, senior managers, and employees of …

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Acronis has invested $10 million to open Moscow development center

Acronis, an international provider of data backup software and disaster recovery solutions, has opened a development center in Moscow, Acronis Labs, following a $10 million investment. Headed by Acronis co-founder Maxim Lyadvinsky, Acronis Labs Moscow will engage in market research and improving the efficiency of existing technologies, innovation and intellectual property protection. Acronis’ General Director …

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Russian data center receives highest Uptime Institute certification for the first time

Technoserv, a leading Russian systems integrator and IT service provider since 1992, announced last week that the design of its Technopark-Mordovia data center was certified as Tier IV Fault Tolerant by the Uptime Institute, a NY-based data center researcher and consultancy. Located in Saransk some 640km east of Moscow, the data center is now Russia’s …

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Richard Branson’s Virgin Connect acquires telecom operator in Niznhy Novgorod; “more acquisitions to come”

Trivon AG, the Switzerland-based company which does business through its subsidiaries under the Virgin Connect brand in Russia, announced today that it has acquired 100% of MegaMax, one of the leading B2B broadband and telecom operators in the Nizhny Novgorod region. The terms of the transaction were not disclosed. The MegaMax Group has developed its own …

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Irkutsk State University sets up Tech Transfer Center

Irkutsk State University (ISU) in Siberia has established its own Tech Transfer Center, the ISU press service announced earlier this month. The Center has been created as a spin-off limited liability company and is expected to offer a classic range of consulting services, including search for partners and customers and assistance for innovators in completing …

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