Startup conference Slush has decided to reverse its controversial decision to award Immigram, a startup founded by two Russian citizens. The decision comes later Lots of criticism As for the award, many argued that the European tech scene should not support companies with Russian ties.
“Due to new information regarding the extent of the Slush 100 Pitching contest winner’s activities in Russia, Slush has decided to revoke his win,” contest organizers said. said In a statement on Monday
Slash has requested participating funds that are currently conducting their individual valuation to invest in Imigram.
As the winner of the competition, Immigram, which helps tech talent (including Russians) to move to the UK, was in line to receive €1 million in investment from five leading international VCs: Accel, General Catalyst, Lightspeed Venture Partners, NEA and Northzone.
Neither company responded to Sifted’s request for comment on the investment by the time of publication.
Slush’s statement added: “Slush regrets this oversight. We should have more carefully reviewed the operations of all participants before allowing them to compete.
Imigram also bows
In a statement Posted on LinkedIn On Monday, shortly before Slush announced his decision on Twitter, Imigram said it had “withdrawn” from the competition.
Imigram is a British company founded in 2019 by two Russian citizens, Anastasia Miroliubova and Mikhail Sharonov, who both moved to the UK in 2016. The startup helps tech talent from over 10 countries including Russia, Ukraine, Belarus, India and more. United States, apply for UK Global Talent Visa.
Soon after Imigram won the pitch competition, images emerged from a Russian job board that appeared to show it recruiting for a role in Moscow. The company says it has no entities in Russia or employees based there and has not received any money from Russian investors. The organization says it will hire people in Russia but only if they move to another country immediately. Miroliubova has said that she is against any Russian war in Ukraine.
“We will continue to support Ukraine and build a company for millions of talented people who want to move internationally,” the company said in a statement.
Zosia Wanat is Sifted’s CEE reporter based in Warsaw. He tweets from @zosiawanat