InnoWeek-2018

During 3-days InnoWeek-2018 that started on June 4 in Tyumen there was a competition among innovative ideas. The authors of the best idea were awarded with a trip to Silicon Valley. 
They key event of the forum was “the Battle of Startups”, where experts were choosing the best IT projects. The total prize pool was 10 million rubles. 
The projects that applied were not only from Russia, but also from Kazakstan, Ukraine, Belarus, Estonia and USA. All in all there were 260 projects fighting for the prize. 100 projects were chosen during the pre-selection. And only 16 of them made it to the final. The battle had several nominations: “Artificial Intelligence”, “Cybersecurity”, “Internet of Things”, “Blockchain and Cryptocurrencies”, “Computer games”, “Virtual Reality”.

FinShi Capital was the event’s partner, and the fund’s Managing Partner Andrey Orlov was one of the experts of the “Blockchain and Cryptocurrencies” section, he took part in assessment and selection of the startups that would go to the final.

The biggest prize of 4 million rubles was given to a project from Moscow DROVA — a platform that connects PC owners with players. According to the Project Manager Seva Vayner DROVA is a P2P gaming platform that enables clients to rent games/apps everywhere around the world and enjoy playing new games in high quality almost on any device without spending money on powerful gaming station or console. He owners of gaming PCs (they call them merchants) can rent out their game stations and earn money off that.

The 3 million prize went to DIALTECH (Moscow) that are developing a platform for creation and publication of new generation intellectual chat-bots based on neural network. 
Warden Machinery, also a team from Moscow, got 2 million rubles for their technology that allows machine monitoring of drivers’ fatigue. The Project Manager Mikhail Kiryukhin said that the technology is already being sold in Russia and abroad. 
18 projects were invited to the Internet Initiatives Development Fund’s accelerator (IIDF). 
Sergey Negodyaev, the Manager of the IIDF’s portfolio noted: “It’s a unique situation, we have never chosen that many project in just one city”.

Traineeship in Silicon Valley, a special prize from Sberbank, went to a project from Moscow WareVision (CEO Ivan Kalinov). 
It is an automated inventory system for warehouse complexes. The prototype of the system is ready and is already being tested.

2 more projects got to the FinShi Capital’s pipeline. And though their technologies are based on blockchain, for some reason they were in the VR and IoT sections. None of the projects that were in the “Blockhain and Cryptocurrencies” section made it to the final, as their were not quite ready yet.

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