MIT Skoltech Seed Fund issues call for proposals, collab research with Russian institutions

The MIT Skoltech Seed Fund Program is calling for proposals, now through Dec. 23, from MIT faculty and researchers with principal investigator status for innovative projects that have the potential to benefit the development of the MIT Skoltech Program or the mission of the Skolkovo Foundation. The program strongly encourages proposals that involve collaborative research […]

Russia, China partner on $200 million venture fund, tech incubator

The United States isn’t the only place in the world where money is pouring into high-tech innovation. On Tuesday, Russian prime minister Dmitry Medvedev’s Skolkovo Foundation for technical development and the Chinese Cybernaut Investment Group agreed to create a $200 million venture fund, a startup incubator for Russian businesses and a new Chinese robotics center, […]

Belarus, Russia to set up venture capital fund in 2015

MINSK, 21 January (BelTA) – The Belarus-Russia venture capital fund is to be established in 2015, Chairman of the Belarusian State Science and Technology Committee Alexander Shumilin said at a press conference dedicated to the Day of Belarusian Science on 21 January, BelTA has learned. “We are in talks with a Russian venture capital company […]

Moscow Seed Fund invests in first medical tech project

The Moscow Seed Fund and nanotech centre Technospark have invested $156k in company NSL’s medical laser drill. The instrument is designed for contactless puncturing of the finger tissue for blood analysis. The money will allow NSL to take the drill into mass production.

Russian QIWI announces $30M seed fund and accelerator

The owners of Russian payment service provider QIWI have launched a new $30 million seed fund and a startup accelerator. These two new ventures aim to address this problem, by providing support to entrepreneurs at an early stage in their projects. Romanenko will manage the new fund, Run Capital (not to be confused with Runa Capital, one of […]

Top Moscow Science Institute Launches Seed Fund

The Moscow Institute of Physics and Technology (MIPT), one of the country’s leading graduate science universities, has launched its own $30 million seed fund. The fund, called Phystech Ventures, is focussed on incubating and growing MIPT-related tech companies in the fintech, edutech, digital health, 3D-printing, efficient energy use and oil & gas technology sectors.