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Russian tech entrepreneurship on the rise: Forbes identifies 10 “future unicorns”

February 3, 2022

Far from their native countries, Russian-speaking entrepreneurs are thriving in the world’s major tech hotspots — from Silicon Valley, to Western Europe, to South-East Asia. These entrepreneurs have colonized the world’s best accelerators, including such ones as Y Combinator, 500 Startups and Techstars. Russian-speaking entrepreneurs reportedly accounted for 40% of a recent Alchemist batch.  The …

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Altair Capital targets $200 million to launch third fund

December 11, 2019

Last week Igor Ryabenkiy, the founder of VC firm Altair Capital, announced plans to launch a third, $200 million fund. Three quarters of this amount have already been committed by five unnamed investors, Ryabenkiy claimed in an interview with Inc. Russia. Targeting startups at the seed and early stages, Altair has invested in more than …

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Venture Day Minsk features top investors from Belarus, Russia and Westertn countries (April 12)

April 3, 2017

Venture Day Minsk, a major event on the Eastern European innovation scene, will be held on April 12 in Minsk, Belarus. In partnership with East-West Digital News, the event will bring together over 500 startups, investors, business angels, media representatives, top managers of large companies, engineers and developers. Will Cardwell of Aalto University, Patrick Halford of IBM, Ken Singer …

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Israel business intelligence startup raises $2.4 million from Israeli and Russian funds

June 8, 2016

Illustrating the intense ties between the Russian and Israeli tech communities, Janvest Capital Partners, an early-stage investment fund focusing on Israeli startups, has teamed up with two Russian funds, Altair Capital and Leta Capital, to inject $2.4 million in Israeli startup Unomy. The terms of the transaction have not been disclosed. Created in 2012, Unomy has …

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Fragrance subscription service ScentBird attracts $2.8 million from US and Russian investors

April 5, 2016

Last week ScentBird, a New York-based startup founded by Russian émigrés, announced that it secured $2.8 million in venture funding. The investor consortium includes TMT Investments, a London-based fund with Russian connections, Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, and Scrum Ventures, a US-based fund with interests in Asia, as well as Eclipse Ventures, Ludlow Ventures, and SGH …

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Russian funds take part in YouAppi’s $13.1 million funding round

February 22, 2016

YouAppi, a San Francisco-based startup that has developed a Big Data-driven solution for mobile marketing, has raised $13.1 million from an international consortium of investors, including AltaIR, Emery Capital and Flint Capital, three funds with Russian roots. Also participating in this Series B round are Click Ventures, Digital Venture (Ukraine), Global Brain (Japan) and Hawk Ventures (USA) as well as …

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Israeli social analytics startup Klear secures $1.5 million from Altair and TMT

February 17, 2016

Israeli startup Klear, formerly known as Twtrland, has raised $1.5 million in new funding from Altair and TMT Investments, two international venture funds with Russian backers. The company defines its product as “a social intelligence platform that helps you do smarter marketing.” It has rebranded to Klear, since the platform now looks at data from Facebook and Instagram in …

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Russian funds Altair and GVA LaunchGurus invest in US startup 1World Online

February 18, 2016

Earlier this month 1World Online, a US startup founded in 2011 by Russian entrepreneur Alexey Fedoseev, announced the completion of an equity financing A2 round of $2.5 million. 1World provides publishers, political candidates, and brands with web and mobile-based engagement applications, content, and analytics. The company claims to have become number 1 in its sector in 2014, winning the …

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Altair Capital invests in New York mobile ticketing startup Rukkus

June 2, 2015

Illustrating once again the invest-abroad trend among Russian tech investors, Altair Capital, the fund of Russian serial business angel Igor Ryabenkiy, has invested in New York-based Rukkus. Launched in 2013, this startup offers “the easiest way on mobile to find and buy the perfect concert, sports, or theater ticket.” The amount of the transaction has …

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Roman Abramovich invests $500,000 in Russian-Israeli medical consultation startup

November 12, 2015

Earlier this week Russian-Israeli startup Medviser announced that it has received half a million US dollars in investment from Roman Abramovich. The transaction was made via an undisclosed entity belonging to the Russian billionaire. It valued the company at $1,7 million post money, with the investor receiving a 30% stake. Medviser was founded in mid-2014 by Anna Danishevskaya, …

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