Skolkovo resident startup GeoSteering Technologies , the maker of “smart drilling” software for use at oil and gas production facilities, signed an agreement with the government of the Tyumen region at the Sochi 2017 Russian Investment Forum this...
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...
The Skolkovo Foundation will set up three venture capital funds to provide additional sources of investment for startups, the foundation’s president Victor Vekselberg said Friday at the Open Innovations forum. Skolkovo Foundation president Victor...
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. ...
A Siberian company that participated in last year’s Startup Tour has reportedly raised investment of $1.4 million to produce the first batch of 3D pens known as CreoPop. CreoPop. Photo: Company website. The pens use a new type of ink that...
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...
Russia’s Skolkovo Foundation and Chinese Cybernaut Investment Group signed a deal setting up a joint venture fund worth $200 million, the companies stated in a joint press release. BEIJING (Sputnik) – The agreement aims to create a joint Russian...
First announced in 2009 by then-President Dmitry Medvedev, the Skolkovo Foundation is charged with handling the creation of the Skolkovo Innovation Center. Russian Deputy Prime Minister Arkady Dvorkovich. Photo: sk.ru Russia's Skolkovo Foundation...
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...
Texas-based Propell Technologies, which owns an exclusive license to use clean fracking technology developed by a Skolkovo resident, has received a $5 million investment from Roman Abramovich's Ervington Investments. The deal, announced this week, spells...
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...
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. ...