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Entrepreneurial ventures present cutting-edge goods and services at display events

Entrepreneurs and investors convened on the VEB platform, delving into potential projects from the venture sector. The inaugural gathering saw the participation of six firms, among them two 3D development companies, a manufacturer of healing cream for wounds, a smartphone container designed to...

Modern Phone Protection: Veltor's Privacy-Focused Phone Cases

Entrepreneurial ventures present cutting-edge goods and services at display events

Take a gander at Veltor, a pioneering brand producing secure phone cases that prioritize your cybersecurity. With modern smartphones regularly sending personal data to the background, it's no wonder CEO Andrei Fedorov is raising the alarm. To combat this privacy invasion, Veltor has concocted shielding technologies, microphone suppressors, and a clever app designed to test the effectiveness of their cases—all for your ultimate peace of mind.

Each case is priced at 11,000 rubles and boasts impressive performance compared to mainly Chinese competitors. But that's not all: Veltor aspires to infiltrate the markets of government agencies, businesses, and even the Russian military, demonstrating their commitment to a secure digital world. Currently exporting to 15 countries, they recently secured a lucrative deal with Kuwait. By 2028, they're gunning for a staggering revenue of over 1 billion rubles and are actively searching for partnerships with state-owned enterprises and strategic investors to ramp up production.

Homegrown 3D Graphics: Vrnzh's Groundbreaking Software

Since Autodesk clamped down on access to its products in 2024, the pain has been palpable for Russian game developers and animation studios, particularly those using its iconic Maya application for 3D modeling tasks. In response, Alexander Kalyuzhny, technical director of the award-winning Voronezh animation studio, rallied his team to create a homemade solution. Initially envisioned for their own needs, the Vrnzh software has blossomed into a valuable asset for the industry.

Operating in the B2B segment, Vrnzh offers its developments to industry giants like Soyuzmultfilm, Riki Group, Melnitsa, and more. The software is designed to create three-dimensional geometry, particle systems, and 3D scene lighting, all powered by domestic hardware. With growing interest in export markets, Vrnzh is currently seeking a whopping 80 million rubles in investments.

Waterproof Wonders: Hydrop's Nanocoating for Clothing and Footwear

Enter Hydrop, a startup banking on carving out a niche in China's market with its waterproof, self-cleaning coatings for clothing and footwear. Co-founder Marina Ross showcases videos depicting treated fabric that defies liquid, ensuring no films or discoloration. Capitalizing on the power of Chinese social media for marketing, Hydrop believes it can capture a sizable portion of the market before competitors can catch up, despite their efforts to duplicate their technology.

Hydrop offers bottles of the nano-spray for 1,500 to 3,000 rubles, depending on size, and is eagerly courting 100 million rubles in investments across three tranches. They anticipate achieving profitability in just 2.5 years and also considering lending opportunities with rates under 30%.

The Conveyor for Blockbuster Games: Game Art Pioneers

General Director Artem Bolshakov confronts the dominance of foreign studios in the Russian video game market, accounting for 90%+ of the estimated $2-3 billion annual volume. Though the situation seems grim, Bolshakov underscores the cost-effective talent pool in Russia, rivaling that found abroad, and emphasizes the importance of working with private investors.

Game Art Pioneers collaborates with Skolkovo to develop a technological stack for blockbuster projects, aiming to reduce development time significantly and empower other startups with their findings. The studio is exploring untapped markets in BRICS countries and faces a financial deficit of 9 billion rubles, with the creation of the role-playing game Distortion accounting for 8 billion of that total.

Touchscreen Localization: NexTouch's Quest for Full Production Localization

Vladimir Krishchenko, CEO of NexTouch, shares their progress toward achieving complete localization of their touchscreen monitor and interactive whiteboard production. As the sole company in Russia with a patent for quantum dot displays, NexTouch has sold over 11 billion rubles worth of products since 2017. With plans to extend production beyond ready-made screens and displays to LCD matrices and other electronics, they are building the necessary production infrastructure.

Localization levels fluctuate between 40% and 80%, depending on the product, with 40 distinct devices catering to various purposes. State orders boast 100% localization, minus LCD matrices. Financial constraints and high production costs using domestic components pose challenges in entering the export market. NexTouch requires 8-9 billion rubles for development and complete localization of production.

Medical Miracles: Silkins' Wound-Healing Cream

Dauddin Daudi of Silkins shares the startup's journey, relying on tarantula and silkworm research to create a wound-healing cream that reportedly outperforms international alternatives by healing damaged tissues twice as fast. To bypass complex and lengthy certification processes, Silkins pivoted its focus to the cosmetics industry.

The cream is now being sold to cosmetics producers and directly to consumers in 3 types and 120 jars respectively, generating total revenues of approximately 640,000 rubles. With a funding requirement of 50 million rubles for a 40% stake, Silkins seeks to expand its product line and reach a broader audience in the cosmetics market.

Government Support for the Future

VEB.RF has signaled a willingness to support the startups that presented, given they are willing to conduct thorough risk assessments. Igor Shuvalov, Chairman of VEB.RF, expressed optimism: "We can definitely implement something from this." With this nod of approval, the future looks promising for these innovative startups.

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  1. Veltor, the privacy-focused phone case manufacturer, is aiming to export their certified nanocoating technology to provide smartphone protection, as they seek to expand their market reach beyond Russia.
  2. In a bid to cement its seat in the global market, Hydrop, the waterproof coating solution provider for clothing and footwear, is diligently seeking 100 million rubles in investments to fuel their growth and outpace competitors in China and other regions.
  3. To achieve complete localization in touchscreen monitor and interactive whiteboard production, NexTouch is actively seeking 8-9 billion rubles in investments for the development and localization of production infrastructure. Simultaneously, they plan to extend their production beyond ready-made screens and displays to LCD matrices and other electronics.
Businesspeople convened at VEB's venue for talks on venture market ventures. Remarkably, six entities were in attendance, among them being pair of 3D innovators, producers of a skin-healing balm, a device designed to block phone signals, and a water-resistant screen.

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