Startups

Geolocation startup Meanwhile raised $100,000 from individual investors

Meanwhile, a Russian startup that has created a mobile interface to “offer a simple and convenient access to all local information,” secured $100,000 from unnamed individual investors. The deal took place in late 2014, but was revealed only last week by Russian tech blog Firrma.ru. The startup initially received support from the IIDF (FRII in Russian, the …

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Startup Village: Thousands of entrepreneurs, investors and officials gathered in Skolkovo to “think globally”

Startup Village, a major industry event held last week at the Skolkovo international tech hub, greeted more than 10,000 participants: Russian and foreign entrepreneurs, investors, venture fund representatives and government officials, including Russian Prime Minister Dmitry Medvedev. Over the course of two days, the Startup Village came as the ultimate stage of a road show through …

Startup Village: Thousands of entrepreneurs, investors and officials gathered in Skolkovo to “think globally” Read More

Ivideon secures $4 million from Impulse VC to take its video-streaming service global

Ivideon, a Russian startup whose cloud platform allows users to beam video to any device using almost any hardware configuration, has just raised $4 million from Russian venture fund Impulse VC. The investment deal was one of 14 agreements signed or announced on day one of Startup Village, totaling a combined $272 million in value, the …

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Government-backed accelerator GenerationS aims to stimulate startups within Russian corporations

State-owned fund of funds RVC has launched GenerationS 2015, the second edition of its annual initiative to stimulate innovation in large Russian companies. Corporations associated with this “corporate accelerator” include mobile operator MTS, hydroelectricity firm RusHydro, construction group Morton, national savings bank Sberbank, Johnson & Johnson, and more. “Enterprise customers formulate the requirements for the selected …

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Roman Abramovich invests $500,000 in Russian-Israeli medical consultation startup

Earlier this week Russian-Israeli startup Medviser announced that it has received half a million US dollars in investment from Roman Abramovich. The transaction was made via an undisclosed entity belonging to the Russian billionaire. It valued the company at $1,7 million post money, with the investor receiving a 30% stake. Medviser was founded in mid-2014 by Anna Danishevskaya, …

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Qiwi Venture invests $150,000 in mobile payment app AnyBalance

Qiwi Venture, the investment arm of Russian electronic payment giant QIWI Group, has committed itself to invest an estimated $150,000 in Krawlly, as reported by Russian tech blog Firrma. This Russian startup is developing an Android mobile app, christened “AnyBalance,” that displays in one interface the balances of a user’s bank, mobile or ISP accounts. The startups claims …

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Russian-made GPS dog tracker spots your pet’s location and monitors obesity

A group of Russian developers has come up with a gadget that many dog owners have been dreaming of. Spotty, a sleek 4.5-centimeter aluminum chip attached to a dog’s collar, identifies a pet’s location using GPS coordinates and a 3G modem, monitors its physical activity with the help of accelerometer and transfers real-time data to …

Russian-made GPS dog tracker spots your pet’s location and monitors obesity Read More

May 20-22: Meet top researchers, innovators and entrepreneurs in Nizhny Novgorod

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 …

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Could recognition software be the next frontier in Russian snooping?

Much like British authorities, who use closed-circuit TV devices throughout London, Moscow deploys cameras to keep a watchful eye on its populace. And it is the next generation of such video surveillance that has inspired the work of British-based photographers Adam Broomberg and Oliver Chanarin: What would the consequences be if cameras didn’t simply document, …

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Ahead of Apple: Russian-Canadian startup launches connected watch to measure and manage stress

Last month Darta Systems, a Russian-Canadian biomedical startup, launched the Emvio Watch, a gadget that “measures stress and makes everyday stress management easier ” In contrast to ordinary fitness bands, the device lets users know when they overreact to such negative situations as disagreements with people, waiting in line or bad news. According to its …

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