This past Tuesday the Skolkovo Foundation, the non-profit organization in charge of completing an international tech hub on the outskirts of Moscow, inked a memorandum of understanding with Tel Aviv University, opening the way to a wide range of cooperations. The two partners intend to launch joint R&D and commercial projects in the field of …
Last week the Internet Initiatives Development Fund (IIDF, or FRII in Russian), the $200 million fund launched last year to support Russian Internet startups, announced the extension of its coverage to such new fields as big data, wearable devices and the Internet-of-Things. “We did quite a lot of research on technological trends across the world. Cloud, social and …
IIDF to support big data, wearable tech and Internet-of-things startups Read More
Russian project Fairwaves has announced on its website that in August it joined US accelerator Techstars. According to Russian business publication RBC, Techstars has invested $118,000 in Fairwaves in exchange for a 6% stake. The company previously received $80,000 investment from the Dutch fund NLnet, $260,000 from the New America Foundation Open Technology Institute, around $50,000 from the …
Russian mobile network solution provider Fairwaves joins US accelerator Techstars Read More
Last week the IIDF (FRII in Russian), the $200 million startup fund launched last year, and Microsoft announced that they were beginning an industrial accelerator to support startups developing IT solutions for education, healthcare, commerce, industry, the service sector, the financial sector and municipal services. The project will receive support from Microsoft Ventures, the international subdivision …
Microsoft teams up with IIDF to support industrial startups Read More
Last week, Intel signed a strategic collaboration agreement with the Association of Technoparks in the field of High Technologies, a nonprofit partnership created in 2011 to implement the Russian government’s strategy for innovative development. The collaboration encompasses the organization of joint initiatives to develop corporate management systems, enhance HR management techniques, adopt best practices, improve …
A delegation of scientists, educators and ministry officials from India paid a visit Wednesday to the Skolkovo Foundation, on a fact-finding mission to study the opportunities available for Indian students and startups in Russia. Led by Inder Jit Singh of India’s Ministry of Science and Technology, the 30-strong delegation visited the foundation’s headquarters in downtown …
Indian delegation visits Skolkovo on fact-finding mission Read More
Skolkovo is dangling $400,000 worth of prizes in front of the tech startups that can revolutionize computer hardware – and possibly take humanity beyond a simple doubling of processor power every two years. Moore’s law states that computer capacity increases twofold roughly every 24 months, a loop we’ve been stuck in for half a century.
Russian Prime Minister Dmitry Medvedev has told business daily Vedomosti that public and private financing is in place “in its entirety” to see the Skolkovo project through. Speaking to the newspaper on its 15th anniversary, Medvedev noted that although the country had changed since he set up Skolkovo as president in 2010, “everything is going according …
Earlier this week Skolkovo, the international tech hub under completion on the outskirts of Moscow, and California-based digital security solutions firm Symantec signed a deal for joint cooperation across a number of segments. Cooperation will range from educational projects to cooperation in software development. In particular, Symantec will provide mentoring support and advice to companies participating at …
The investment arm of QIWI, the Russian payment giant, has injected $700,000 into 12 startups selected for the QIWI Universe acceleration program, hosted by Moscow State University’s business incubator. According to the company’s press release, over 500 applications were received out of which eight pre-seed stage and four more mature projects were chosen. Among the finalists …
Qiwi launches acceleration program and invests in 12 startups Read More
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 …
RVC and Skolkovo inject $1.2 million in micro-sized antenna maker Read More
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 …
Vkontakte cofounders building technopark in St. Petersburg Read More
