Tech Tour names Russia?s most promising technology companies

Tech Tour names Russia?s most promising technology companies; selected companies stand to benefit from $10 billion in investment capital.

The Tech Tour announced today the 25 selected companies of the 2013 Russian Tech Tour. Revealed at the press conference before the organization?s gala dinner on board the Royal Radisson Flotilla, the finalists represent the region?s most promising, high-growth, early and expansion stage technology companies. The 25 companies are all based or incubated in Russia and chosen from a pool of over 150 applications. The chosen companies have undergone a vigorous review process by the Russian Tech Tour?s Selection Committee, comprised of senior global venture capital and technology industry leaders. The reviews assessed the uniqueness of technology, strength of their business model, vision, capability to execute on the business plan and the quality of management team and track record. The 2013 Russian Tech Tour finalists span several technology sectors including software applications, platform & infrastructure, cleantech & renewable energies, new materials & processes, and medical instrumentation. The selected companies are in the following stages: 56% Expansion, 32% Start-up, 8% Seed, and 4% Pre-IPO...