Moscow-based startup Workle, whose platform enables residents of Russia’s regions to work on a remote basis for leading companies, announced last week it has raised $3.5 million in its second round of funding. The investment came from Klever Internet Investment, the technology branch of a major Russian private investor, Klever Asset Management. Klever has also received the …
Remote working platform Workle raises $3.5 million Read More
Last week, RVC, the national fund of funds dedicated to innovation, and PWC presented a report about the Russian VC market in 2012. While in 2011 the total amount of deals reached approximately $400 million, the market more than doubled in 2012, reaching $910.6 million. The figure includes only those deals which have been made …
Russia’s venture market doubled in 2012, but angel investing still lacked maturity Read More
According to the Moscow-based consultancy J’son & Partners, the mobile game market in Russia will grow from $392 million in 2012 to an estimated $707 million in 2016. The number of mobile game players is also expected to increase from 38.6 million at the end of 2012 to 65.1 million in 2016. This is almost …
Blabroom, a resident company of the St. Petersburg-based technopark and incubator Ingria, has completed a seed stage round from Imperious Group, which has injected 6 million rubles (approximately $200,000) into the startup in exchange for a 20% stake. Blabroom’s site has been designed to help shy people establish their first contacts with other members of …
St. Petersburg startup secures $200,000 to turn shy people into online daters Read More
IQcard, a Moscow-based startup offering multifunction bank cards, has raised “more than $2.5 million” in a Series A round from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact amount of investment nor the startup’s valuation were disclosed. Launched in March 2012, IQcard offers a prepaid bank …
Smart bank card provider IQcard raises $2.5 million from Russian and Ukrainian funds Read More
