Skolkovo

Automated navigation robot developer secures $3 million in Series A round to develop internationally

RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, has just raised $3 million in a Series A round. The funds will be used to develop existing autopilot systems for warehouses and to develop a pre-series autopilot RoboCV X-MOTION, the company stated. Also, RoboCV has plans to implement a full-scale complex robotics …

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Graphics and gamification enter Skolkovo IT cluster crosshairs for 2015

Startups dealing with computer graphics and so-called gamification will now be able to apply for Skolkovo grants and residency under new plans for 2015 published by the IT cluster. Graphics and gamification form one of three new technology foresights added to the cluster’s strategic development vision this year. The other two, robotics and mobile technology, …

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Next-gen data management system to emerge in Russia

SDI Research, a Moscow-based “semantic data integrator,” will receive a $335,000 grant from Skolkovo for the development of a next-gen semantic master data management (MDM) system to store and sync data. A reported by the Skolkovo Foundation, the effort will require an estimated $670,000 overall. The developer is expected to raise the remaining 50% from other …

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Russia should restructure economy through innovations and cannot isolate itself, say officials at Skolkovo meeting

The Russia’s government has signed an anti-crisis plan to restructure the economy in part through innovations, Deputy Prime Minister Arkady Dvorkovich told a meeting of regional officials on Wednesday. Russian news agency TASS reported that plan will require 1.375 trillion rubles (approximately $20 billion at the current exchange rate), including budget expenditures, state guarantees and …

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Skolkovo startups fly to India

Following President Vladimir Putin’s visit to New Delhi in December, 15 IT companies from Skolkovo, the international tech hub under completion on the outskirts of Moscow, will travel to India next month, reports the Skolkovo Foundation. The companies will take part in IndiaSoft, a major industry conference and B2B networking event organized every year to bring …

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Virtual shoe-fitter wins 15 million ruble grant from Skolkovo

A tech startup that is looking to make those hellish trips to the shoe store a thing of the past has won a grant of 15 million rubles (approximately $275,000 at the current exchange rate) from Skolkovo Foundation. Fitanny’s virtual shoe fitter compares your foot structure to the type of shoe you’re interested in, and then …

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Skolkovo signs R&D agreement with Panasonic, bolsters ties with Asia

Panasonic is set to open next year an R&D center in Skolkovo, the international tech hub under completion on the outskirts of Moscow. The agreement, signed in the presence of Russian Prime Minister Dmitry Medvedev and Shigeo Suzuki, CEO of Panasonic Russia, commits the Japanese firm to deploying at least 30 workers from its Russian representative …

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