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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/28/2021 17:06 EDT

Russian-founded graphene nanotube leader valued at $2 billion, inks investment agreement with Daikin

OCSiAl, the Russian-founded global graphene nanotube leader, has inked an investment and business cooperation agreement with Japanese giant Daikin Industries. The companies disclosed  OCSiAl’s valuation (“about $2 billion”) but not the terms of the share subscription deal.  Pronounced ‘Oxial,’ OCSiAl refers to four chemical elements: oxygen (O), carbon (C), silicon (Si) and aluminum (Al). Touted as the … Russian-founded graphene nanotube leader valued at $2 billion, inks investment agreement with... Read more

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East-West Digital News
The Moscow Times @ East-West Digital News 2 place · 07/28/2021 04:14 EDT

Russia blocks Navalny mirror site using ‘Internet isolation’ tools – NGO

Russian authorities have blocked jailed Kremlin critic Alexei Navalny’s mirror website using the tools that help telecom providers “isolate” Russia’s section of the internet, the privacy NGO Roskomsvoboda said Tuesday. Navalny rolled out the website navalny.app after authorities blocked his main website navalny.com alongside nearly 50 sites linked to him Monday because of “banned extremist activity.” A Moscow court … Russia blocks Navalny mirror site using ‘Internet isolation’ tools –... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/27/2021 01:30 EDT

Russian startup raises $9.3 million to develop next-gen radial drilling technology

Perfobore (also spelt ‘Perfobur’), a Moscow based solution provider for wells completion and stimulation, has closed a $9.3 million Series B round. The funding came from  Runtech Ventures — the venture arm of Russian asset management firm RosRegion Razvitie — and from several individual investors including former Schlumberger VP Vladimir Kuksov.  Founded in 2013, Perfobore performed … Russian startup raises $9.3 million to develop next-gen radial drilling technology Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/26/2021 11:01 EDT

Facebook launches its C2C classifieds platform in Russia

Facebook has launched its C2C classifieds platform, dubbed ‘Marketplace,’ in Russia, reports the news agency TASS. Anna-Maria Treneva, Regional Director of Facebook, Instagram and Messenger in Russia was quoted as saying: “We know that many people are already using our platforms to look for and exchange goods. Marketplace will become a convenient platform for people, where it … Facebook launches its C2C classifieds platform in Russia Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 2 place · 07/26/2021 05:04 EDT

Russian GetCourse secures $50 million from top investors, expects to generate $1 billion in GMV this year

Baring Vostok, the Russian PE/VC giant, Winter Capital, a Moscow-based international fund backed, in particular, by billionaire Vladimir Potanin, and Goldman Sachs have invested $50 million in GetCourse.  This Russian edtech startup allows its customers — more than 20,000 schools, trainers, coaches and bloggers — to create, deliver, promote and sell their own educational content.  The service, which … Russian GetCourse secures $50 million from top investors, expects to generate... Read more

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East-West Digital News
Yandex @ East-West Digital News 1 place · 07/23/2021 05:20 EDT

Yandex, Cambridge and Oxford universities team up to launch international machine learning competition

Yandex, in collaboration with Oxford and Cambridge Universities and as part of the NeurIPS conference on machine learning, is launching the global ‘Shifts Challenge’, a three-pronged competition track designed to tackle the problem of distributional shift in ML that features the largest autonomous vehicle (AV) dataset in the industry to date. This dataset contains 600,000 scenes (or more than 1,600 hours … Yandex, Cambridge and Oxford universities team up to... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/21/2021 16:16 EDT

Baring Vostok invests $6 million in high-tech travel booking platform

Level.Travel, a Russian platform for searching and booking tours online, has raised $6 million from Moscow-based PE/VC giant Baring Vostok in exchange for a minority stake. Previous investor Guard Capital, a Moscow-based VC, is keeping its stake in the company’s capital. No further details of the deal were disclosed. Founded ten years ago by Dmitry Malyutin, Ellin … Baring Vostok invests $6 million in high-tech travel booking platform Read More Read more

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East-West Digital News
Adrien Henni @ East-West Digital News 1 place · 07/20/2021 10:28 EDT

The SPAC wave hits Russia

Could a Russian tech company ever be targeted by a SPAC? The question remained open until very recently, given the small numbers of international IPOs from Russia — the latest example in the digital field being Ozon in November last year. Such a player has now emerged, with Nexters preparing its NASDAQ introduction through a … The SPAC wave hits Russia Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/19/2021 06:57 EDT

Russian startup Welldone backed by domestic investors in burgeoning meat alternative market

Welldone, a Russian artificial meat startup founded last year, has secured $1.5 million from two local funds. These investors are Lever VC, the venture arm of agroindustrial major GrainRus, and Phystech Ventures, a fund launched by top Moscow science institute. Forbes Russia heard that Welldone’s valuation could be in the range of $5 million to $7 million.  … Russian startup Welldone backed by domestic investors in burgeoning meat alternative market... Read more

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East-West Digital News
The Bell @ East-West Digital News 2 place · 07/19/2021 03:39 EDT

Russian movie ‘Major Grom: Plague Doctor’ features mass-murdering IT billionaire, tops Netflix charts

A Russian action film with coded references to Russian politics became Netflix’s most-streamed film last week. The hero of ‘Major Grom: Plague Doctor’ is incorruptible cop Igor Grom who does battle with a mass-murdering IT billionaire bearing an uncanny resemblance to Telegram messaging service founder Pavel Durov. Netflix released ‘Major Grom: Plague Doctor’ — their … Russian movie ‘Major Grom: Plague Doctor’ features mass-murdering IT billionaire, tops Netflix charts Read... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/16/2021 01:41 EDT

Moscow city creates heat map of taxi rides

The Moscow city authorities are introducing ‘PROtraffic,’ a heat map [data visualization technique — editor] showing the magnitude of a taxi traffic in the city, based on data from the mobile apps of taxi service aggregators.  Intended to “help solve a number of transport problems in the capital,” this online service shows taxi ride distribution across the city by … Moscow city creates heat map of taxi rides Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 1 place · 07/15/2021 03:56 EDT

Annoying LinkedIn networkers are actually Russian hackers spreading zero-days, Google says

Most LinkedIn spam is just annoying. But new research from Google suggests some of it was outright dangerous: Russian government hackers targeted European government officials with LinkedIn messages that contained malicious links designed to exploit unknown vulnerabilities in Windows and iOS, according to Google’s report. Google’s Threat Analysis Group published new research on Wednesday, detailing … Annoying LinkedIn networkers are actually Russian hackers spreading zero-days, Google says Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 2 place · 07/14/2021 13:33 EDT

The Untitled raises €100 million to relocate tech startups from Eastern Europe to Western jurisdictions

The Untitled, a Russian venture firm established in 2013, has raised €100 million for a new, London-based vehicle that will target startups relocating from countries of the former Soviet Union. This is twice as much as initial target (€50 million) announced by the firm last year. “Russia and neighboring countries feature world-class programmers and high quality startups,” The Untitled co-founder Igor Lutz … The Untitled raises €100 million to relocate... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 3 place · 07/14/2021 08:02 EDT

Zerion secures $8.2 million to make decentralized finance accessible to all

Last week Zerion, a Californian decentralized finance (DeFi) startup with Russian and Ukrainian founders, announced the completion of a $8.2 million round. Led by Mosaic Ventures, the deal also involved Placeholder, DCG, Lightspeed, Blockchain.com Ventures and other organizations — as well as a dozen of individual investors from the crypto community.  Zerion touts its investing app as “the simplest way to track and manage … Zerion secures $8.2 million to... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 2 place · 07/13/2021 08:39 EDT

Russian maintenance service marketplace Wowworks raises $3.6 million to become a global major

Wowworks, a Moscow-based startup providing corporate clients with a variety of maintenance services, has raised $3.6 million from three VCs: AddVenture, one of the most established VC firms with Russian roots; DV Capital,  a recently-founded, Moscow-based VC firm; and LVL1, a vehicle of Russian-Israeli tech investor Lev Leviev.   Back in 2017, the startup already secured $1 million from … Russian maintenance service marketplace Wowworks raises $3.6 million to become a... Read more

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East-West Digital News
Skolkovo Foundation @ East-West Digital News 1 place · 07/08/2021 06:13 EDT

An innovative Russian device could restore eyesight using artificial intelligence

Elvis, a bionic eye solution created Sensor-Tech, is the first step towards restoring eyesight using artificial intelligence. The device sends images of object outlines in real-time directly into the brain using a combination of smart vision, a microchip, and electrodes. The device could change many lives in the years to come, as blindness affects millions … An innovative Russian device could restore eyesight using artificial intelligence Read More Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 2 place · 07/07/2021 07:04 EDT

As reported by business daily Vedomosti, the Dutch fund Rabo Frontier Ventures and the Greek fund VentureFriends have been the main contributors to a $5 million of funding for Russian agritech startup Agro.Club. Neither the respective contributions of the investors nor the terms of the deals were disclosed.  Founded in 2018, Agro.Club is a digital marketplace that … Dutch and Greek investors back Russian startup Agro.Club for international expansion Read... Read more

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East-West Digital News
Meduza @ East-West Digital News 2 place · 07/07/2021 02:20 EDT

Science, technology and information are battlefields of Russia’s new national security strategy

On July 3 president Vladimir Putin signed off on a new national security strategy for Russia. This latest version develops the notion that Russia is surrounded by enemies threatening the country’s national security in a variety of ways — from military pressure, to the spread of extremist ideas, to the “Westernization of culture” and the imposition of foreign moral values.  In the … Science, technology and information are battlefields of... Read more

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East-West Digital News
East-West Digital News @ East-West Digital News 3 place · 07/06/2021 12:38 EDT

Yandex to operate driverless food deliveries on US college campuses

Yandex Self-Driving Group, the Yandex spin-off dedicated to unmanned vehicles, has teamed up with Grubhub to develop a driverless delivery business on college campuses in the United States. Partnering with more than 250 college campuses, Grubhub is a major online and mobile food-ordering and delivery platform in the US. The Russian company and its new US partner announced … Yandex to operate driverless food deliveries on US college campuses Read... Read more

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East-West Digital News
The Moscow Times @ East-West Digital News 1 place · 07/02/2021 04:57 EDT

Russia points finger back at US over latest cyberattack accusations

Russia’s Embassy in the United States pointed the finger back at the U.S. Friday after its cybersecurity agencies blamed Kremlin-backed hackers for a massive hacking campaign on Western private and government entities. U.S. and U.K. national security agencies on Thursday said a cyber-unit within Russia’s GRU military intelligence agency has conducted “brute force” attacks on predominantly U.S. and European … Russia points finger back at US over latest cyberattack accusations... Read more

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