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26 May, Tue
GVAccelerator 8 graduates have found partners in the U.S. and are in discussions over investments

21 may was a Demo Day for the entrepreneurs of GVAccelerator 8 - accelerator program of GVA LaunchGurus. Traditionally 10-week course for entrepreneurs was completed by the final Demo Day – a closed presentation of startups in front of investors-partners of GVA LaunchGurus. The accelerator participants, the founders of 17 startups in various industries - from IT to industrial technologies - spoke about the progress of their projects, the trip to Silicon Valley and plans for the future.

On Demo Day 20 entrepreneurs of GVAccelerator 8, the founders of 17 companies presented the results of their collaborative 10-week work with business coaches and lecturers of GVA LaunchGurus. During this period, the teams refined their startups and improved their presentation skills under the guidance of the best Russian and international experts, including the heads of major foundations and companies, business leaders in Silicon Valley and in the accelerator Plug&Play Tech Center (USA). In short pitch presentations to investors, they talked about their startups business model, product benefits and investments required for further development.

"Before presenting to investors in Moscow the accelerator participants unveiled their startups during the three pitch-days in Silicon Valley, - said the Director of GVAccelerator Daniil Kozlov. - A two-week trip to the Valley is a part of GVAccelerator program, but out of the four groups that went there last year, startups of this enrolment have aroused unprecedented interest of American investors. Almost every one of our startups in a given day attracted the interest of investors or potential partners. The accelerator and Investment Fund Plug&Play became very interested in Mikhail Khusainov’s startup SpyLance. Private investors and business angels have shown interest in the startup IPv17 by Vasiliy Prosin and Arenza by Oleg Sinkov. Alexey Zhurik (HotelFace) found partners with whom he could develop his business in the United States. The startup Vitalize was well received by many investors, and currently there is an ongoing communication with them".

"The most surprising and impressive in the accelerator for me was a trip to Silicon Valley. Meetings that took place there were of a greatest value, free time did not exist. Networking with fellow entrepreneurs, various meetups gave useful experience of business relations," shared the participant of GVAccelerator 8 Natalia Popova, the founder of the project Natadent.

In Silicon Valley participants of GVAccelerator, in addition to meetings with stakeholders and investors, studied the ecosystem and opportunities for startups in the US. Meetings with experienced local entrepreneurs from same fields were organized for each of the participants. Students of GVAccelerator visited companies that had Russian founders, grew up in the Valley and became successful, such as Evernote and One World Online. Three startups were selected and invited to weekly Friday EIR panel to investors in the accelerator Plug&Play, where they gained expertise and feedback from experts. They are: HotelFace, IPv17 and a graduate of the 5th GVAccelerator, the company Labicom. "In the Valley the startups-graduates of previous accelerators regularly join us," says Daniil Kozlov. - At this time it was Labicom and Apps4all, these companies have partners and develop their business in the U.S. too".

Before heading to California participants of GVAccelerator spent eight weeks under the guidance of Russian and foreign mentors getting skills to evaluate promising markets, customer development, startup marketing and branding, sales, team building, negotiation, registration of intellectual property rights and resolving legal issues. Every entrepreneur had received a personal business coach who helped to develop the startup on an individual basis throughout the program. The founder of “Lunch It There” Teymur Shirin notes that the acceleration program has seriously changed his startup: "The Project has been changed quite a lot, at the initial stage we had a slightly different view on scaling the business. At the moment we have a clearer understanding of how to move forward. Initially, we set a goal to enter the international market, and we were pleased to learn about the tools that would allow us to do it."

Russian investors scoped out startups that had passed the 10-week acceleration of GVA LaunchGurus. Mentor and business angel Igor Avdonin compared the level of companies before and after the training course: "In GVAccelerator 8 very interesting projects from different sectors - small businesses, venture projects, a large industrial project in the field of LED technology – were presented. It is a very good thing to see serious progress in startups: I watched a pitch session of the project founders 6 weeks ago when they just came to the accelerator. Today, the same projects are perceived differently, and I gave them different grades."

Managing partner at an investment company Starta Capital and at the Fund Starta Capital Accessor Lyudmila Golubkova also appreciated the startups: "Demo Day was very interesting due to the very different startups by subject as well as by business model. As a venture investor, I noted the project “Payment service CODE” (the payment of any goods from your smartphone). There were several interesting projects at pre-seed stage, almost at the level of ideas, and it's great, because accelerators and investors often try to “disown” such projects. There are very mature companies in the new class of GVAccelerator also. For example, I was very impressed with the startup Harmonium Lighting, and if our Fund had a different investment focus, I would recommend it to our investment Committee".

As a result of Demo Day investors noted a number of interesting startups of the eighth enrollment of GVAccelerator. Among them, Harmonium Lighting by Irina Gudovich - a company that developed, patented and is already producing led lights in China, supplying products for Philips and planning to occupy a prominent place in a growing global market of LED lighting. Investors noticed the startups producing fashion travel accessories Just Case by Alexander Metelkin and Vladimir Pisarev, “Payment service CODE” by Alexander Kahn, that allows you to make an order and make payment for any purchase from your smartphone in 10 seconds, the startup Lifeway by Hovannes Mesropyan (mobile diary, allowing you to quickly build an interactive timeline and share it with your friends and acquaintances), startup on healthy eating Vitalize by Xenia Arshavskaya and Eugene Volikov.

Demo Day of the eighth enrollment of GVAccelerator ended with a networking with investors. The next enrollment to the accelerator is planned for this autumn. The graduates of the previous GVAccelerator enrollments have raised over $25 million investment, the estimated value of the established companies is $130 million.

About GVA LaunchGurus

GVA LaunchGurus provides a unique ecosystem to support entrepreneurs, including a business accelerator for startups GVAccelerator consisting of several modules, programs for investors, Seed Fund. During 3-year period, the acceleration program has proven its effectiveness by running 186 startups of which over 35% are developing successfully.

February 2018
05 February, Monday
WSJ: “Nasdaq-listed Yandex is Russia’s Uber and Google combined”

“Stock investors can’t invest in Uber, but they can invest in Nasdaq-listed Yandex, owner of Russia’s top ride-hailing platform,” writes WSJ reporter Stephen Wilmot, referring to the Yandex.Taxi platform.

02 February, Friday
“Startup Innovation and investment in Emerging Europe:” A groundbreaking research released by East-West Digital News

How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in less known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many ICOs come from Eastern Europe?

01 February, Thursday
2 acquisitions and 1 ICO: the Russian eSports market is heating up

The beginning of this year saw major moves on the Russian eSports scene, a sizable European market with established players operating globally. Thus, last week Mail.Ru Group — an LSE-listed Internet company which controls the largest Russian-language social networks and a range of online gaming companies — announced the full acquisition of ESforce.

January 2018
22 January, Monday
New report by GVA’s partner Pavel Luksha “Skills of the Future: How to Thrive in the Complex New World”

GVA’s partner Pavel Luksha, founder Global Education Futures and professor at Moscow School of Management, has a new report out on what graduates should know and be able to do. “Skills of the Future: How to Thrive in the Complex New World” was developed with WorldSkills Russia during sessions of the Atlas of Emerging Jobs project. The report is a thoughtful review of global trends, changes in work and concludes with implications for education. Not a continuation of the present, the authors “believe that mankind should take a serious approach towards the formation of a desired image of the future.”


22 January, Monday
The Fund for the Digitalization of Industry will be launched in Kazakhstan

On January 22 during the official visit of the President of the Republic of Kazakhstan Nursultan Nazarbaev to the USA the autonomous cluster fund Tech Garden signed a number of important agreements with American companies on the digitization of the economy of Kazakhstan.

November 2017
09 November, Thursday
THE PROCESS OF UPDATING THE WORLD SYSTEM OF EDUCATION WAS DISCUSSED IN RUSSIA

At the international GELP Moscow 2017 Summit, which was held in Moscow on 1st to 3rd of November, leaders of Russian and foreign education from 12 states outlined practical steps for systematical change of the global educational environment, taking into account the existing global challenges of civilization.

October 2017
30 October, Monday
Global Venture Alliance & Forbes Russia in a closed round table discussion

Global Venture Alliance took part in a closed round table session organized by Forbes Russia.

27 October, Friday
In Moscow for the first time the international educational Summit Global Education Leaders` Partnership will take place

The authoritative international alliance Global Education Leaders` Partnership (GELP), which influences the development of school education abroad, for the first time, chose Russia as a meeting point for leaders and experts of the world educational community. The official operator of GELP is the Global Venture Alliance.

27 October, Friday
FORBES MAGAZINE CELEBRATED ITS 100TH ANNIVERSARY WITH A GRAND GALA AT PASHKOV HOUSE

Global Venture Alliance is the general sponsor of the event on the occasion of the 100th anniversary of the magazine Forbes.

25 October, Wednesday
Russia creates a research center for IT solutions in the transport industry

The Global Venture Alliance team on October 17 at the international forum "Open Innovations 2017" in Skolkovo organized a closed signing between RZhD, IBM, NES and NCC in the field of transport logistics. 

September 2017
19 September, Tuesday
MEGA Accelerator Opening

IKEA Centers Russia and GVA have identified 9 start-ups that will go into the MEGA Accelerator business incubator. Theese are Altair VR virtual planetarium, mobile application Save4time, virtual bot MRBot, VR-platform Hexa, interactive game Ligrook, time scheduler Verme, HR-robot Robot Vera, corporate messenger Beesender and IT-service for lawyers Bots & Partners. This was reported to Firrma in IKEA Centres Russia.

July 2017
28 July, Friday
Apple imagines AR glasses that fulfill the dream of Google Glass

Tim Cook has not-so-subtly hinted that Apple is working on some sort of augmented reality product. And while ARKit may be the start, a patent application published today hints at what Apple could be picturing down the road.


26 July, Wednesday
Apple and Cochlear team up to roll out the first implant made for the iPhone

Apple has teamed up with Australian-based Cochlear to bring iPhone users the first made for iPhone Cochlear implant.

Approved by the U.S. Food and Drug Administration in June, Cochlear’s Nucleus 7 Sound Processor can now stream sound directly from a compatible iPhone, iPad or iPod touch to the sound processor.

25 July, Tuesday
Google’s DeepMind made an AI that can imagine the future

Google’s London-based AI outfit DeepMind has created two different types of AI that can use their ‘imagination’ to plan ahead and perform tasks with a higher success rate than AIs without imagination. Sorry if I made you click because you wanted AIs predicted flying cars. I promise this is cool too.

24 July, Monday
Scientists are now using Wi-Fi to read human emotions

Scientists at MIT are using Wi-Fi and AI to determine your emotional state. They’ve created an algorithm that can detect and measure individual heartbeats by bouncing RF signals off of people.

21 July, Friday
This little USB stick is designed to make AI plug-and-play

The Neural Compute Stick from Movidius makes it easy to add a machine vision processor to any device.

18 July, Tuesday
GOOGLE GLASS 2.0 IS A STARTLING SECOND ACT

Yep. Glass is back.

17 July, Monday
Elon Musk Lays Out Worst-Case Scenario for AI Threat

Powerful technology will threaten all human jobs, could even spark a war, Tesla CEO says

14 July, Friday
High-speed Hyperloop project ready for key test in Nevada

Engineers will soon conduct a crucial test of a futuristic technology championed by entrepreneur Elon Musk that seeks to revolutionize transportation by sending passengers and cargo packed into pods through an intercity system of vacuum tubes.

13 July, Thursday
Uber, Yandex combine ridesharing and UberEATS in Russian markets in a $3.72B JV

Uber announced that it will be combining its rides-on-demand business and UberEATS, its food ordering and delivery business, in Russia and neighboring markets, with Yandex.Taxi, the ridesharing business.

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