Russian stage of global China-focused technology startup selection event has turned out to be a success for Thermolazer.
The event took place in Moscow State University Science Park on the 20th of September with top 13 companies pitching their China-focused projects.
Russian session comprised panel discussion with experts in venture capital and IP protection from Russia and China discussing questions of foreign tech companies entering China market, protecting intellectual property and finding the right partners.
Core of the program was pitch session of 13 pre-selected companies from around Russia working in the areas of robotics, medical devices, energy efficiency, AI and others.
During the roadshow the companies will be able to meet potential partners in China, as well as to engage in target networking and participate in IPIEC2018 final competition with $100k top prize.
TermoLazer develops laser equipment for machinery. Current products are automatic industrial high power laser system for heat treatment of parts. The system is designed for laser surface hardening in order to increase the resource exploitation of large volume of expensive components for various industries. Also the company provides laser surface hardening services and engineering services to implement laser technologies into machinery processes.
About the Skolkovo Foundation
The Skolkovo Foundation is a non-profit organization founded in September 2010 by the Russian government with the objective of accelerating Russia’s transformation from a resource-intensive to an innovation-based economy. To achieve this objective, the Foundation is overseeing the creation of the Skolkovo Innovation Center, composed of more than 1,800 high-tech startups, Skolkovo Technopark, the Skolkovo Institute of Technology (Skoltech) - a new graduate research University established in collaboration with the Massachusetts Institute of Technology - and Skolkovo city, located near Moscow. Together, these entities establish a vibrant ecosystem of technology innovation and entrepreneurship. The cumulative revenue of Skolkovo’s startups reached $2,5 billion. They brought in more than $186 million in investment, creating 27,000 jobs and filing over 1,100 patent applications along the way. By 2020 over 2 million square meters of residential and office space will be built in Skolkovo with 35,000 people working daily in the Innovation Center. For more information: http://www.sk.ru/en
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