Search Results for: flint

Flint Capital’s new $103 million fund already claims two successful exits

December 10, 2021

In June this year Flint Capital, a Boston-based venture firm with Russian roots, closed its second venture fund, attracting $103 million to invest in startups from Seed, to Series A and B stage startups.  The firm publicly announced its new fund only this week, as it already invested in no less than 18 startups with two successful exits — Loom …

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Russian-founded Jiffy raises $28 million to roll-out super fast food delivery service in the UK

September 27, 2021

Jiffy, a 10 month-old UK grocery delivery and dark store startup, has secured a $28 million Series A round. Coming after two funding rounds completed earlier this year, this capital injection brings to $35 million the total amount raised so far by the startup, as reported by TechCrunch. Led by family-owned investment company Heartland, the round was supported by Baring Vostok, …

Russian-founded Jiffy raises $28 million to roll-out super fast food delivery service in the UK Read More

Russian-founded Intento secures $3 million in Silicon Valley to scale up AI content processing solution

July 13, 2020

Intento, a startup with Russian roots, has secured a $3 million seed round, reports CrunchBase. Konstantin Savenkov, CEO, started the Berkeley, California-based company in 2016 with Grigory Sapunov, a deep learning and artificial intelligence expert who had worked five years at Yandex. Initially, as reported by East-West Digital News, Intento positioned its solution as a new way to …

Russian-founded Intento secures $3 million in Silicon Valley to scale up AI content processing solution Read More

Top industry event turns virtual to showcase best “doers in tech” (June 1-3)

May 29, 2020

On June 1-3 EMERGE, the leading international event on the Belarusian innovation scene, will hold its annual conference in an online format. Major global companies – including Chivas, Coursera, Dropbox, Farfetch, Ikea, MegaFon, Miro, Tesla, Transferwise and VTB – will participate. On the venture side, the event will gather such funds as Acrobator Ventures, Atomico, …

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2018 Eastern Europe and Central Asia Tech Investment Overview

January 22, 2019

Tech investment volumes in Eastern Europe and Central Asia were modest last year, if compared with the Chinese, US or Western European markets. However, 2018 was marked by giant corporate deals involving international players while a series of smaller venture transactions illustrated the diversity of the regional startup scene. In this review, which encompasses Russia, …

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AI-powered service marketplace raises $17 million to “disrupt the classifieds market”

September 23, 2018

YouDo.com, a platform that matches people requesting and providing day-to-day services, has raised $17 million in an equity funding round led by mobile operator MTS, as reported by the business daily Kommersant. MTS put $12 million on the table, while undisclosed amounts were brought by Sistema Venture Capital (one of the investment vehicles of Sistema, a …

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Flint Capital and Maxfield Capital invest in AI

April 10, 2018

In late March Flint Capital, a fund with Russian roots operating internationally, participated in a $11.3 million Series A round for Audioburst, an Israel-based audio search startup. The news was reported in late March by Calcalistech. The round was led by Samsung, which invested $4.6 million through its venture arm Samsung Ventures, with participation from Japanese …

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Belarus liberalizes high tech activities: How foreign investors and neighboring countries could be affected

December 27, 2017

December 22, 2017 could go down as a turning point in the history of the Belarusian economy. That day, the country’s president Alexander Lukashenko signed a law “On the Development of a Digital Economy” which introduces thorough changes in the legislation, aiming to liberalize the high tech sector in the country. A variety of activities …

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US-Russian crypto platform raises $30 million in ICO to “bridge the crypto universe and the traditional investment market”

September 14, 2017

The Blackmoon Crypto Platform, which presents itself as “a one-stop solution for asset managers to create and manage legally compliant tokenized funds,” has raised over $20 million in just one day through an ICO launched on September 12. On September 1, the startup raised $10 million through a pre-order campaign which started on August 5. …

US-Russian crypto platform raises $30 million in ICO to “bridge the crypto universe and the traditional investment market” Read More

Russian entrepreneur success story: Job Today gets $35 million in media-for-equity from major media investors

March 14, 2017

Three media investors — Astremedia (Spain), German Media Pool VC and RTL Germany — have inked a media-for-equity deal worth $35 million with Job Today, reports TechCrunch. Launched in 2015 by two Russian entrepreneurs, Eugene Mizin and Polina Montano, Job Today has developed a job finder app which currently operates in four cities of Spain and the UK. The startup, which claims to …

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Russian fund Pulsar Venture Capital opens representative office in Ireland

November 16, 2016

Yesterday Pulsar Venture Capital, an early-stage investment fund from Kazan, Russia, announced the opening of a representative office in Dublin. Pulsar sees Ireland as “one of the best international platforms for scaling business in Europe” through “the engagement of top technological companies and international investors,” said Pulsar’s CEO Pavel Korolev. The Dublin representative office will also work on technology transfers, …

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Blackmoon raises $2.5 million to expand its “marketplace lending as a service” platform

November 15, 2016

Last week Blackmoon, an international online lending platform with Russian roots, secured $2.5 million in an equity funding round which involved A&NN Group, Flint Capital, Target Global, and unnamed individual investors. Neither the valuation of the company nor the structure of the investment have been disclosed. Presenting its service as “marketplace lending as a service” (PLaaS), Blackmoon allows institutional investors …

Blackmoon raises $2.5 million to expand its “marketplace lending as a service” platform Read More

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