State-backed Internet startup fund FRII has teamed up with high tech company GS Group and mobile operators Megafon, MTS and VimpelCom (Beeline) to create an Internet-of-Things (IoT) consortium in Russia.
Four Russian start-ups operating in the fast-growing IT markets for business, tutoring and personal needs will each get ˆ50,000 in investment from Enterprise Ireland, the Irish national innovation support agency.
VisionLabs, a Russian startup specializing in facial recognition, data analysis and robotics, announced today that it has secured 350 million rubles ($5.5 million at the current exchange rate) from Sistema Venture Capital.
Comindware, a Russian developer of project and business management solutions, has come up with a horizontal platform to build business apps called Comindware Business Application Platform, the Skolkovo Foundation announced.
Promobot, the Russian robot-maker that sprang to international fame last month when one of its robots was reported to have escaped from the testing ground in a fit of wanderlust, has made its first deal with the U.K. on the back of the escapade.
Collaborative researchers at the Institute of Bioorganic Chemistry, St. Petersburg Municipal Multiple Sclerosis Center #31, and two private companies in St. Pete, Pharmasintez and Xenetic, have developed a new form of vaccine to treat multiple sclerosis, one of the deadliest neurodegenerative diseases of autoimmune nature.
An art filter app launched by a Russian programmer, Alexey Moiseenkov, is leading Apple’s App Store ranking in Russia and several neighboring countries – including Estonia, Kazakhstan, Latvia, Moldova, Ukraine and Uzbekistan – ahead of Whatsapp, VK, Instagram, Viber, Aliexpress and other traditional leaders in the region.