03.03.2020
The volume of the online education market (EdTech) in Russia is growing by 20–25% per year and, by the end of 2020, can reach 60 billion roubles, says a study by the Interfax Academy.
Press about RVC
The manufacturer of mini-projectors Multikubik introduced a cube-shaped VR projector for the Russian market. Sales of devices are about to start on February 18, as the company representative said to Rusbase.
The New Industry Venture Fund has invested 100 million roubles in Russian oil production technologies. The investment was received by the ADL Completion Company, which develops and produces solutions in the field of multi-well and multi-hole well completion.
Monetary funds were provided to project initiators in such areas as industrial safety software, cloud telephony, multimedia, high-tech energy storage systems, and robotics.
Forbes asked venture investors and high-tech entrepreneurs to name the leading technologies that changed the economy in the 2010s and give their forecast for the next decade.
The Infrastructure Fund of the Russian Venture Company (Infrafond RVC) To Leave the Portfolio Company Pulsar Ecosystem (Pulsar Venture Capital). This was reported to Rusbase in the press service of the Infrafond RVC.
Russia's venture capital market continues to come to life, and rumours of an outflow of investors from the country are “greatly exaggerated,” according to the annual venture barometer 2019 study.
Investor Alexei Solovyov published the annual study of the Russian venture capital market “Venture Barometer 2019”. In partnership with RVC, the expert analysed the leading industry events, the interests of investors and learned their opinion about the necessary conditions for market growth. Inc. cites key findings of the work.
In an interview with Kommersant, Alexander Povalko, General Director of Russian Venture Company, talks about new tools for developing end-to-end technologies and competition in the global innovation market.
The operator of the venture fund, which will finance high-tech projects in the Far East in the early stages, will be the Far Eastern High-Tech Fund, which supports larger-scale innovative projects in the macro-region.
The Russian venture capital market is becoming more mature and is waiting for the emergence of new players — late-stage funds. At the same time, the inexplicably high cost of some start-ups indicates the presence of a market bubble.
Private investors who supported Bell Telephone and Ford Motor in the late 19th and early 20th centuries did not know that they would be called business angels afterwards — this term appeared only in 1978. But seed funding for giants such as Intel, Dell, Microsoft, Apple, and Amazon was clearly called angelic.
The market for venture transactions in Russia for six months of this year grew by 161% compared to the same period last year, according to the annual review of the Russian venture industry “MoneyTree: venture capital market navigator” for 2018 and the first half of 2019, presented by Russian Venture Company (RVC) and PwC.
According to the General Director of RVC Alexander Povalko, the Russian-Japanese fund will be engaged in the development of high-tech projects.
Their total volume will exceed 11.5 billion roubles.
BFG Group plans to direct the attracted financing to the development and scaling of the product in Russia and abroad, as well as to strengthening the team.
DFVT invests into Visitech.
The Ministry of Economic Development jointly with RVC is creating a venture foundation to support promising educational technologies in the digital economy, according to the Ministry’s message.
Alexey Basov, Deputy General Manager, Investment Director of Russian Venture Company (RVC), told in his interview to Interfax that industrial and corporate venture foundations will be developed in the near future, about the imbalance between “early” and “late” investments and of the prospects of RVC additional capitalization.
The Russian venture market stopped stagnating and began to grow slowly.