Skolkovo Foundation is an independent non-profit organization based in Moscow, Russia, established in 2010 to promote innovation and entrepreneurship. It focuses on five key sectors: energy efficiency, information technology, biomedicine, nuclear technologies, and space technologies. The foundation supports startups and venture capital initiatives, aiming to foster advancements in these areas. Its IT cluster emphasizes the development of strategic information technology solutions, while the biomedicine cluster promotes innovations in medical technologies. The energy efficiency cluster works on reducing energy consumption in various sectors, and the nuclear technology cluster is involved in creating new products for the energy market and developing complex technological systems. Additionally, the space technologies cluster focuses on projects related to satellite navigation and space tourism. To facilitate its mission, Skolkovo Foundation manages the Skolkovo Innovation Center, Technopark, and Skolkovo Institute of Technology (Skoltech), and collaborates with numerous leading global companies in research and development partnerships.
Senior Vice President and Grant Committee Chairman
Past deals in CIS
CASHOFF
Grant in 2024
CASHOFF, established in 2013, is a Fintech company headquartered in London, with development centers in Hong Kong and Moscow. The company specializes in open banking API solutions that enhance profitability for banks while offering a unique digital experience for consumers. Over the years, CASHOFF has collaborated with more than 50 banks and brands globally, reaching an audience of over 10 million consumers. The company is recognized for its innovative contributions to the financial technology sector, being a member of notable innovation centers such as Level 39 in London, Cyberport in Hong Kong, and Skolkovo in Moscow. CASHOFF has received accolades, including recognition as one of the Top 10 FinTech companies by Deloitte, and has been awarded for Best Digital Banking Technology Provider by Global Banking & Finance Awards, as well as being listed among the 30 Best Tech companies in Asia by Silicon Review Magazine.
Viriom
Convertible Note in 2016
Viriom Inc. is a biotechnology company based in Khimki, Russia, that specializes in developing affordable medicines for life-threatening infections, particularly HIV/AIDS and Hepatitis B virus (HBV). Founded in 2009, Viriom holds exclusive worldwide licenses for its lead compounds, Elpida/elsulfavirine and VM1500A, which are in phase 3 and commercial stages, respectively. The company has also created proprietary drug candidates, including VM2500 and VM3500, along with long-acting injectable formulations and combinations with cell, vaccine, and antibody drugs, aimed at treating, preventing, and potentially curing HIV and chronic HBV infections. Viriom's innovative approach seeks to enhance treatment options for patients worldwide.
Aeroxo
Grant in 2015
Aeroxo is a Moscow-based company specializing in aerial robotics and data processing technology. The company has developed the ERA-100, a pioneering commercial tilt-rotor UAV system that integrates advanced imaging and remote sensing equipment with a cloud-based data processing and visualization platform. Aeroxo aims to enhance various industrial and civil applications, including remote asset monitoring, disaster prevention, search and rescue operations, and environmental monitoring. By leveraging its long-range aerial robotics technology, Aeroxo provides innovative solutions that enable early detection of environmental hazards, positioning itself as one of Russia's leading commercial drone producers.
Intersoft Eurasia
Seed Round in 2013
Intersoft Eurasia provides an application for mobiles and tablets that operates as a dosimeter and radiometer. It offers DO-RA that measures and controls the dose of radiation. The company was founded in 2011 and is based in Moscow, Russian Federation.
Selenokhod
Grant in 2013
Team Selenokhod (Russian: Селеноход) is a privately funded Russian team of aerospace experts led by Nikolay Dzis-Voynarovskiy. It was the first Russian team to enter the Google Lunar X Prize competition. The team's name is derived from Lunokhod, the Soviet space program that sent two remote-controlled rovers to the moon, which became the first ever rovers to traverse the moon's surface. The team initially began work in October 2007, composed of nearly ten experienced engineers and managers. The team's vehicles are two rovers and a lander with a communications system on-board. Both 5 kg rovers contain four independent wheels, an HD camera, a solar panel, rechargeable batteries and a low-gain, omni-directional antenna.
FRUCT
Grant in 2012
FRUCT association was established in 2007 aiming to improve university education in IT and telecommunications in Finland and Russia by setting closer links between industrial R&D and top universities. Nowadays FRUCT is one of the largest academia-to-industry open innovations frameworks in the region. FRUCT unites research groups from 27 regional organizations (http://www.fruct.org/members), including universities, R&D center of Russian Academy of Sciences and R&D units of Nokia and Nokia Siemens Networks. FRUCT is a sister society of IEEE ComSoc in Russia, Finland, Denmark and Ukraine (http://host.comsoc.org/sistersocieties/fruct/index.html). In addition FRUCT has started to export best practices and developed competences to other regions, e.g., actively developing partnering contacts in India. Over 100 researcher and developers are active members of FRUCT association. Also the community has over 1500 followers, the main web resources of FRUCT association register 1’200–1’500 visit per day. FRUCT members are involved in R&D work in many fields, and the priority areas are: Mobile Healthcare and Wellbeing, Qt and cross-platform development, Mobile Linux, Internet of Things, Future services and Smart Spaces and a number of other areas.
Ranberry
Grant in 2012
Ranberry, a registered trademark of Telum LLC, is a Russian startup specializing in wireless communications. Established in 2010 by a group of fellows from the Russian Academy of Sciences, Telum has evolved into a reliable partner for prominent clients, including Airbus Group. The company is a resident of the Skolkovo Innovation Center and has received recognition and support, including a grant from the Skolkovo Foundation in 2012 to advance its development of self-organized LTE small cell technology. Telum focuses on the production of LTE networks and hardware, as well as wireless network software and equipment, positioning itself as a significant player in the wireless communication sector.
ABBYY Language Services
Grant in 2012
ABBYY Language Services – www.abbyy-ls.com – delivers high-tech multilingual linguistic support and solutions for translation automation to more than 2,500 companies worldwide in over 80 languages. The company’s offering for the translation automation includes the innovative cloud environment for professional translators – www.SmartCAT.pro; cloud-based terminology management system – www.Lingvo.Pro; innovative machine translation technologies and much more. One of the most recent global initiatives run by ABBYY Language Services and based solely on the company's own technological platform was a large-scale crowdsourced tranlsation project to localize popular Coursera lections into Russian. The project reached the first million words translated in less than three months after the official launch in March, 2014 – http://coursera.abbyy-ls.com/en. ABBYY Language Services maintains offices in the United States, Germany, Russia, the Ukraine, Kazakhstan, and employs a world-class team of 2000+ carefully screened translators, editors, proofreaders, localization engineers and other specialists.
Libretto Labs
Grant in 2012
Libretto Labs is a startup focused on developing the programming language Libretto, aimed at enhancing the capabilities of web developers. The company provides web programming services and has created a web-based programming platform tailored for website developers and designers. Recently, Libretto Labs became a resident of the Skolkovo Innovation Center, which supports innovative technology companies.
RoboCV
Grant in 2012
RoboCV is a company based in Moscow, Russia, specializing in intelligent autopilot systems for the logistics sector. Its flagship product, RoboCV X-MOTION NG, is a multifunctional system designed to automate the movement of pallet goods within warehouses. This system includes an electric pallet truck paired with the RoboCV AUTOPILOT, allowing for offline operation without a driver. The technology supports various logistical operations such as accepting goods, shipping, cross-docking, and order picking. RoboCV primarily serves warehouse operators, retail companies, and other businesses engaged in warehousing, aiming to enhance efficiency by replacing manual labor in routine tasks. Founded in 2012, RoboCV is focused on promoting the adoption of automated navigation systems to improve intra-warehouse logistics and facilitate the use of autonomous devices in transport.
Russian Quantum Center
Grant in 2012
On December 14, 2010, the Russian Innovation Hub Skolkovo announced the selection of its first 16 resident projects. Certificate No. 13 was awarded to the project "International Center for Quantum Optics and Quantum Technologies" - the Russian Quantum Center (RQC). This day can be considered the official birthday of the RQC. The Russian Quantum Center will conduct scientific research that could lead to a fundamentally new class of technologies in the near future. Among the potential results of this research are safe data transmission networks, new materials with superior properties, optical sub-micron transistors, high-frequency optical electronics, new systems for ultrasensitive imaging of the brain and accurate clocks for navigation systems. The Center will bring together about a dozen research groups, totaling about one hundred scientists of both Russian and international origin. Our vision is an institute that will be able to integrate itself into the international scientific community and take on a leading position in quantum science and technologies, both in Russia and internationally.
Synesis
Grant in 2012
Synesis Group is a private IT firm and business incubator based in Minsk, Belarus, founded in 2007. Originally established as a software design company, it has played a pivotal role in the development of successful products for notable clients such as Viber, Playtika, Yandex, and Alfresco, reaching over a billion users globally. Currently, Synesis operates as a service provider, managing large-scale projects for both government entities and global consumers. With a workforce of more than 1,200 engineers, the company has developed a diverse product portfolio, particularly in the field of Artificial Intelligence. Additionally, Synesis has created a video surveillance and alarm monitoring platform that enables third-party companies to utilize intelligent video surveillance applications and cloud computing across various sectors, including security and transportation. The platform facilitates the storage and processing of big data, allowing clients to enhance public safety through cloud-based applications.
StarForce Technologies
Grant in 2012
StarForce Technologies is a software and technology company based in Moscow, Russia, founded in 2000. It focuses on protecting digital information from copying, hacking, and unauthorized use through its comprehensive range of software solutions. The company serves various sectors, including software development, gaming, corporate security, and education, offering tools designed to combat issues such as commercial replication, private copying, and unauthorized distribution. StarForce's digital rights management system is integrated into a software protection engine, providing developers and digital content publishers with effective options for product distribution and sales management. By enabling clients to enhance their defenses against digital threats, StarForce Technologies plays a crucial role in safeguarding intellectual property and ensuring the integrity of digital content.
MobiVita
Grant in 2012
MobiVita Ltd. is an innovative company focused on developing and deployment the cutting edge video optimization solutions. We develop intelligent video optimization solutions based on the advanced research and leading technology in media transcoding and processing, intellectual caching, data transmission. As mobile video traffic continues to grow (CAGR 78%) and user expectations rise, our leading product MobiVita Network EDGE Server enable operators to reduce and optimize the network loads and improve the individual user quality of experience. Our goal is to optimize the use of Operator's data network resources, improve media user experience and maximize data profitability. MobiVita Ltd. was founded in 2011 in St. Petersburg, Russian Federation. The main office and R&D devisions are located in St. Petersburg. Since 2012 MobiVita Ltd. receives financial assistance from Skolkovo Foundation. As a "Skolkovo resident" MobiVita has a lowered tax rate (tax cut), specific legal, administrative, and customs regulations.
Introvision R&D
Grant in 2012
IntroVision is an innovative engineering company based in Moscow, specializing in solving complex oilfield challenges through advanced technologies. It is among a select group of companies globally that possess digital rock physics technology, which involves in-depth research on the physical properties of oil-containing shale and other intricate rock formations. The company has received funding from the Skolkovo Foundation to further its innovative developments. IntroVision's team comprises graduates and faculty from leading Russian universities, including Lomonosov Moscow State University, MIPT, and Bauman, with expertise in mathematics, physics, programming, computer systems, geology, and petrophysics. The company's geological information database provides valuable insights into resource deposits worldwide and facilitates the analysis of geological samples, supporting research and development efforts in related fields. Recognized as industry experts both nationally and internationally, IntroVision plays a significant role in advancing oilfield technology and research.
Choister
Grant in 2012
Choister is a company based in Moscow, Russia, that specializes in developing technologies for search optimization and real-time data tracking. It offers a service designed to assist users in searching, analyzing, and comparing a wide range of educational programs, whether degrees or certificates, available online or offline, full-time or part-time. By structuring and organizing educational data, Choister simplifies the decision-making process for motivated students, guiding them to the appropriate school websites for further engagement.
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