The Sales Jet business development platform, created by Sistema Asia Capital, is an investment company that helps Russian growing companies expand their geography and establish sales in the Asian region.
The Ministry of Industry and Trade of the Russian Federation together with the NTI working group updated NTI Technet’s “Roadmap” for improving legislation and removing administrative barriers. The updating of the action plan was carried out with the organizational and technical support of RVC, which is the NTI Project Office.
During 2019, subsidiaries of the Russian Venture Company (RVC), managed by the RVC Infrafund, left 28 venture projects. Total revenues from exits and remaining in the portfolio of companies exceeded 430 million rubles. Promised assets in fund portfolios rose by more than 90% over the year.
The S-Innovations company, which received grant support from NTI for the growth of the Technet market, entered into export contracts for the supply of HTSC wires to Germany, France, Japan, and the USA.
The map contains an analysis of the activities of about 400 small and medium-sized companies in the field of creating and commercializing products and services based on end-to-end technologies of the digital economy in Russia. The fastest-growing technologies were artificial intelligence, big data, robotics, and sensorics.
According to the results of a competitive selection of leading research centers (PITs) conducted by order of the Ministry of Telecom and Mass Media of Russia with expert and analytical support of RVC within the framework of the “Digital Economy of the Russian Federation” national program, the National Research University — Moscow Institute of Electronic Technology (NIU MIET) — received grant support from the government for 300 million rubles.
FIDESYS became the winner of the competitive selection for state support of leading companies, as part of the national program “Digital Economy of the Russian Federation”, which was commissioned by the Ministry of Communications of Russia with expert and analytical support from RVC.
The NTI competence center in the field of “Neurotechnology, Virtual and Augmented Reality Technology” based on the Far Eastern Federal University (FEFU) creates a system for predicting the development of Parkinson's disease using AI.
The Bioprocess Capital Ventures Fund, created with RVC capital participation, withdrew from Ivix and sold its stake in the project to the Irish biopharmaceutical company Ovoca Bio PLC for $5 million. Previously, Ovoca Bio PLC invested in the second round of project investment.
The Technical Committee of TC 164 “Artificial Intelligence” created on the basis of the RVC, prepared and submitted for public discussion the first edition of the Standard — “Information Technologies. Big Data. Overview and Vocabulary”. The National Center for Digital Economy of Lomonosov Moscow State University and Institute of the Information Society developed the draft standard.
RVC sent to the Russian Ministry of Education proposals to implement educational programs for children in the educational process in pursuance of the President of the Russian Federation Vladimir Putin's instructions.
According to the results of the competitive selection of leading research centers (LRC) in the framework of the national program “Digital Economy of the Russian Federation”, which was carried out by the order of the Ministry of Communications of Russia with expert analytical support of RVC, ITMO University received grant support from RVC in the amount of 300 million roubles.
Swiss biopharmaceutical company — Ferring Pharmaceuticals — summed up the selection of technological projects based on corporate accelerator GenerationS by RVC. The winning team selected by the expert jury will receive a cash prize of 10,000 euro for the development of their project.
RVC became a partner of Singapore Investment Company Sistema Asia (a subsidiary of AFK Sistema) in the field of promoting growing Russian high-tech companies in Asian markets and attracting international investors through the Sales Jet Platform program.
The National Technology Initiative Company InertGas Medical has developed helium-oxygen mixtures GelOx and medical equipment for their use, which can be used to increase the effectiveness of standard treatment of consequences of the new coronavirus infection.
The acceptance of applications for participation in the ChelPipe corporate accelerator has completed. During the period from January 15 to March 31, the program received more than 300 proposals from Russian and international start-ups. Experts of ChelPipe Group and corporate accelerator GenerationS by RVC has already begun evaluating applications.
The export revenue of portfolio companies of funds with the RVC capital participation in 2019 amounted to 96.6 million US dollars, up 9% from 88.4 million US dollars in 2018. Products are most in-demand in the markets of Japan, the USA, South Korea, China, and the UK.
RVC presents an annual rating of venture capital investors activity that identifies key players and significant trends in the Russian venture capital industry. The rating considers three types of investors: venture capital funds, business angels, and corporations.
In the NTI Competence Center based on Moscow State University in the direction of "Technologies for storing and analyzing big data", together with the Institute for Artificial Intelligence Problems of the Federal Information Center "Informatics and Management" of the Russian Academy of Sciences and Systems Analysis Technologies, LLC, a text analytics platform based on intelligent text collection and processing systems was developed in Russian and English languages.