Belarus plans robot technology JV with Japan and South Korea

Belarus plans robot technology JV: Belarus is planning to begin working with scientists from Japan and…

KamAz to develop driverless heavy truck by 2020

KamAz to develop driverless heavy truck: The Russian heavy truck maker KamAZ plans to have launched a driverless heavy…

Hydrogen powered phone charger developed by Russian start-up

Hydrogen powered phone charger: A Russian startup claims to have developed a mobile device charger  that uses a combination…

Asteroid detection software under development at Russian ministry

Asteroid detection software: EMERCOM, the Russian federal ministry dedicated to the prevention of natural and man-caused emergencies is working with…

Russian Venture Company sets up medical technology fund with R-Pharm

 Russian Venture Company (RVC), the Russian government’s fund of funds, has joined forces  with the R-Pharm…

Kazakh educational robot woos London investment community

Kazakh educational robot: Indybo a start-up company that seeks to teach children the fundamentals of electronics and programming through…

Shymkent earmarked as southern industrial centre

Shymkent, the administrative centre of  the province of South Kazakhstan, should become  the region’s centre  for social and…

Leta Capital invests in remote control technology for the auto industry

Leta Capital, the VC arm of Russian IT security solution provider Leta Group, has invested $1.5 million…

Azerbaijan ICT Fund hooks up with Hungarian start-up specialists

Azerbaijan ICT Fund: The Hungarian investment and business services company DBH Group has signed MoUs with…

Joint Russian Indian investment fund for high-tech projects proposed

Joint Russian Indian investment fund: Russian and India are discussing the possibility of establishing a joint fund…

HP signs info security MoU with High Tech Park Azerbaijan

HP, one of the world’s largest IT companies,  has signed a Memorandum of Understanding with High Tech…

Moscow State University and RVC hook up with Zhouda

Moscow State University and the Russian Venture Company have entered into a cooperation agreement with the…

Kazakh economic diversification essential – ADB

Kazakh economic diversification essential:  Kazakhstan needs to intensify its push for economic diversification and innovation if…

New lithium sulphur battery developed by Kazakh prof

A new lithium sulphur battery developed by a professor at Kazakhstan’s Nazarbayev University is said to…

Russian Development Fund set up to encourage innovation

Russian Development Fund: Prime Minister Dmitry Medvedev has officially approved the establishment of a development fund to…

Russian pension funds to boost innovation

Russian pension funds: Russian Prime Minister Dmitry Medvedev has instructed a range of government agencies to…

159 companies on Russian privatisation list

Russian privatisation list: The Russian government this week announced plans to privatise 159 business across Russia. The…

Russia moves up Global Innovation Index 2014

The Global Innovation Index 2014 sees Russia move up from 62nd to 49th place. China attained…

31 Azerbaijan technology start-ups get government funding

Azerbaijan technology start-ups: Azerbaijan’s State Fund for ICT Development is set to finance more than 30…

Sumgait Chemical Industrial Park to double in size

Sumgait Chemical Industrial Park, Azerbaijan’s  technology and innovation hub (SCIP) has been allocated a further 127 hectares which will…

Second Runa technology investment fund launched

Runa technology investment fund: The investment company Runa Capital has launched a second fund to invest in…

Non-destructive testing start-up gets Abramovich funding

Non-destructive testing: AcousticEye, a start-up manufacturer of non-traversing tube and pipe inspection equipment for the global NDT (non-destructive testing)…

New Russian privatisation list to include research institutes

New Russian privatisation list: Minster Dmitri Medvedev has approved a new Russian privatisation list that includes the Institute…

More capital for Russian-American startup iBuildApp

The Russian-American startup iBuildApp whose technology enables its customers to build and manage mobile apps, has raised…