Government fund of funds
Development institute of the Russian Federation

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ALROSA selected 5 start-ups for cooperation

26.03.2019

ALROSA company summarized selection of the technological start-ups organized based on the GenerationS corporate accelerator by RVC. 5 teams that passed through the contest selection will be able to work over the variants of implementation of their products inside the corporation and attract financing.

For further cooperation, the teams from Moscow, Saint Petersburg, Ekaterinburg and Astrakhan were selected:

  • "Hydrochrome" is an innovation kimberlite beneficiation technology; 
  • Organic slime Center — development of diamond placer accumulations by hydraulic mining by boreholes; 
  • "Unikum" X-ray — X-ray system of diamond detection; 
  • Titan Power Solutions — ultracapacitor based systems for guaranteed engine start; 
  • Warden Machinery — machine vision technology used to analyse minerals.

7 more start-ups are recommended to participate in tender procedures.

Dmirty Amelkin, Director of Strategic Projects and Analysis Center at ALROSA.
This year, the contest was very productive — number of the offers interesting for the company increased, the projects with high production implementation potential or the projects at R&D stage or higher. In general, percent of the project that passed through the selection increased. Besides, some additional work over the projects that didn't get to the final is done — they are likely to be implemented in our company.
Ekaterina Petrova, Director of the GenerationS corporate accelerator.
Project selection was difficult; the experts examined more than 250 applications from the teams that offered competitive products ready for implementation in ALROSA production lines. The projects that haven't passed through the selection, nevertheless stay within ALROSA and GenerationS eyesight and will be considered in case their solutions are elaborated and projects passed to the next development stage.

Selection of the technological start-ups in the field of diamond mining for ALROSA company was started in September 2018. More than 250 teams from 53 cities of Russia, Kazakhstan, Israel, Ukraine, Belarus and UAE submitted applications for the entire project period.




Information

About GenerationS

Federal platform for the development of corporate acceleration tools. It has been held by RVC since 2013. At the moment, accelerator infrastructure includes more than 14 thousand start-ups from 30 countries, 400 corporate and ecosystem GenerationS partners became the first Russian accelerator included in the international accelerator network GAN, created by Techstars.
www.generation-startup.ru

About ALROSA

ALROSA PJSC is the largest global diamond producer in carats. The company is engaged in exploration, mining and sale of diamonds. ALROSA mines diamonds in the territory of Sakha Republic (Yakutia) and Arkhangelsk region. In 2018, the Company excavated 36.7 million carats of rough diamonds; revenue from sales of diamond products in 2018 was $4.5 billion.
www.alrosa.ru


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