Fort Ross Ventures, a venture capital firm connecting technology startups to the Russian market, has invested in Kryon, the leading full-cycle robotic process automation (RPA) company enabling enterprises to achieve continuous process optimization and change the workplace of the future, Sberbank’s website reports.
The investment by Fort Ross Ventures will contribute heavily to Kryon’s continued penetration of its full-cycle automation technologies into important verticals in Russia, such as banking, financial services, insurance and manufacturing. RPA solutions in Russia are developing quickly with high demand in leading enterprises.