RVC with the support of the Ministry of Industry and Trade of the Russian Federation and Rosstandart initiated the creation of the Technical Committee “Artificial Intelligence”, whose responsibility will include a wide range of issues related to the regulatory and technical regulation of various aspects of the applied use of AI technologies.
The export revenue earned by portfolio companies of funds partially owned by RVC in 2018 amounted to 88.4 million US dollars, two times more than in 2017 (44.6 million US dollars). Japan, Germany, USA, UK and Belarus have become the leading countries in terms of the volume of exported products.
EnergoLesProm LLC, a 100% subsidiary of ELP Group LLC, a portfolio company of the RVC Seed Investment Fund, has signed its first export contract for the delivery of a fast pyrolysis unit for processing low-quality wood into liquid fuel to Germany.
RVC’s General Director Alexander Povalko and the representatives of investment company of the Kingdom of Bahrain, Alkeri Partners, Chairman Jamal A. Al-Hazeem and Founder and Managing Partner Khaled Zainalabedin signed an agreement on creating a series of corporate accelerators GenerationS for the Russian and international startups in the Kingdom of Bahrain and the Middle East.