A company working on creating food for prawns from algae has been awarded five million rubles ($82,000) by the Skolkovo Foundation, making it the first startup working in agriculture to receive a mini-grant from the foundation. The company, Solixant , plans...
HELSINKI - A new Russian venture fund formed jointly by the Skolkovo Foundation and Russian Venture Capital, a state investment vehicle, was presented to an international audience Wednesday at the Slush tech conference in Helsinki. The new fund, Skolkovo...
A California-based company has bought the rights to indoor navigation technology developed by Skolkovo resident SPIRIT Navigation . SPIRIT Group, of which the SPIRIT Navigation startup is part, said it had sold all the property rights to the technology to...
Navigine , a resident company of the Skolkovo Foundation that makes indoor navigation and tracking systems, has attracted $400,000 in investment from a syndicate led by Finnish fintech company Innovestor. The deal with Navigine is Innovestor’s first...
Crowdfunded scientific project OhmyGut , which allows curious Muscovites to discover what’s really going on inside their bellies, has proved a hit, raising more than twice its target amount of funding over two weeks before its completion deadline. ...
Inside Skolkovo’s IT cluster, a handful of early-stage companies involved in mobile technology are undergoing an acceleration program designed to get their innovations to market faster. .Vasily Ryzhonkov, head of the software acceleration program at...
IT security company Group-IB, a Skolkovo resident, has been awarded a mini-grant of 5 million rubles from the foundation to develop its payment protection system. The money, which is added to private investment of the same amount, will be put towards...
Skolkovo’s grant committee has signed off on a 30 million ruble grant for space and telecommunications cluster resident startup HelgiLab, with the same sum being put up by its founders to take the environment-scanning company to the next level. ...
One of Russia’s largest manufacturers of electricity generators and electric motors is to form a research center at Skolkovo under an agreement worth 280 million rubles and signed at Startup Village this week. Grachev, right, and Shcherbakov at...
A major investment fund that provides the government with technology solutions in the energy industry is to base its research center at Skolkovo under a deal signed at Startup Village this week. The signing ceremony at Startup Village. Photo: sk.ru ...
Skolkovo resident SEMAT has secured 50 million rubles in investment from Russian-Czech company MTE Group to research electrical discharge machining, a deal signed at Startup Village. Karavaev and Volkov, in light suits, during the signing. Photo: sk.ru...
IT cluster resident Ivideon has received a $4 million boost from Impulse VC to take its video-streaming service global. Screenshot from Ivideon website The startup’s cloud platform allows users to beam video to any device using almost any...
The R&D spinoff of Dauria Aerospace, Russia’s first private space firm, is to receive 60 million rubles from the investment arm of state corporation Vnesheconombank under a deal signed Tuesday at Startup Village. Morozov, left, and Ivanov. Photo...
An IT cluster resident seeking to increase the effectiveness of its database management system (DBMS) has won a 32 million ruble grant from the Skolkovo Foundation. The Linter product line. Photo: screenshot. Database management systems are software...
It’s not just millions of rubles and Skolkovo residency on offer for the winners of the Startup Village pitch sessions: Companies from IBM to Google and SAP are lining up to reward the top startups with investment, acceleration programs and entry into...
Thirty-seven companies will battle for a place at Startup Village this week, when the Russian Startup Tour makes its fifth stop on the 12-stage trip in Yekaterinburg. The Yekaterinburg Expo Center. Photo: www.ekaterinburgexpo.ru Russia’s fourth...
IT cluster resident Double Data has raised 200 million rubles in investment from LETA Capital and Simile Venture Partners to develop its line of banking software products, the company announced this week. Photo: Doubledata.ru The money will also...
The third stage of the Russian Startup Tour concluded this week in Nizhny Novgorod, where two startups won million-ruble investments and six were invited to Startup Village in Moscow this summer. The finalists and winners from the pitch sessions in Nizhny...
Space cluster resident RoboCV has secured $3 million in new investments, allowing the autopilot vehicle developer to launch new international projects. The firm announced in a press release on Wednesday that the A round investments came from from I2BF...
Investors are ready to plow up to $20 million into joint startup projects between India and Russia, Skolkovo vice president Igor Bogachev told the TASS news agency Friday. “At Skolkovo alone we have 70 registered venture funds that want to invest in...
Leading nuclear cluster resident Optogard Nanotech has received an 80 million ruble grant from the Skolkovo Foundation to build a laser-plasma facility at the innovations center. Optogard's laser-plasma technology at work. Photo: Optogard Nanotech...
IT cluster resident SDI Research has had a 21.8 million ruble grant approved from the Skolkovo Foundation to develop a semantic master data management system that aims to significantly streamline information handling at large industrial holding companies. ...
A tech startup that is looking to make those hellish trips to the shoe store a thing of the past has won a 15 million ruble grant from the Skolkovo Foundation. An illustration from Netkutyur showing the tight spots in red. Fitanny is a virtual shoe...
Alexander Borodich, one of Russia’s most active investors, has been named the country’s business angel of the year in a ceremony at the Skolkovo Hypercube. Borodich is one of the founding members of the Closed Business Angels Club, itself one...
HELSINKI, Finland - The Skolkovo stand at Slush 2014 featured so many resident companies that they weren’t all able to exhibit their innovations simultaneously. A handful of the total 51 startups – out to woo the wealthy investors milling around...