Last week, Russian web- and video-conferencing software company Webinar.ru announced the completion of a $7.3 million Series A round of funding led by Intel Capital and the EBRD. The deal also involved Flint Capital, a Moscow-based venture fund operating internationally, and VTB Capital, the venture arm of state-owned bank VTB, which invested in the startup …
Netology, a major Russian online education platform offering courses in the fields of Internet business, web development and e-commerce, has merged with Foxford (previously 100EGE.ru), a provider of online courses for secondary school students, under the “Netology Group” brand. The merged companies have received a $1.1million capital injection from InVenture Partners, a Russian fund that …
Russo-American startup Coursmos, a developer of short online courses, has raised $530,000 from Russian venture fund Imperious Group and business angel Evgeniy Medvednikov. The funds will be used to develop the platform and to add more staff. Coursmos is also planning to develop new features for the site including a system to recommend courses to users depending …
Imperious Group invests $530,000 in Russian-American edutech startup Coursmos Read More
LinguaLeo, a personal online service that helps people master foreign languages, has launched its service in Turkey with a localized web-version and a mobile app. This is the second market after Brazil in which the Russian startup has launched its service. “Within the framework of our plans for global expansion we chose Turkey for a variety …
LinguaLeo launches in Turkey and appoints US industry veteran as CEO Read More
Netology, a major Russian online education platform featuring interactive video courses, announced last week that it had completed a Series A round of financing from InVenture Partners, a $100-million Russian venture fund. The amount of the transaction was not disclosed, but the company stated that the investor had secured a minority stake based on a $5.6 …
E-learning platform Netology raises Series A funding round from InVenture Partners Read More
Last month St. Petersburg startup FlexyMind closed its second round of funding with an investment from RWM Capital, a Russian fund management firm, for further development of its educational gaming apps for mobile devices, reported Marchmont News. Neither the amount of the transaction nor the startup’s valuation were disclosed. Near-term plans for the young company …
St. Petersburg educational gaming app publisher FlexyMind secures Series A funding round Read More
Almaz Capital Partners, a major Russian venture fund, has participated in a $6.5 million round to fund If You Can, a California-based startup that uses gameplay to teach children social and emotional learning (SEL) skills. The Series A round was led by Greylock Partners with the participation of other investors. The startup had previously raised $2.8 …
YaKlass has secured $450,000 in a second round of financing in less than one year, the startup’s founder Valery Nikitin told Firrma.ru, an online publication covering the Russian startup and venture scene. Two major venture funds, Almaz Capital and Vesna Investment, along with Russian businessman Pavel Kovsharov, brought in the funds, which will be spent on …
E-learning startup YaKlass secures second round from Almaz Capital and Vesna Investment Read More
American startup Duolingo launched its language learning platform in Russian last week in a bid to reach the over 90 million Russian-speaking Internet users around the globe. These users can now study English free of charge via the US company’s online and mobile platform. “There’s a very high demand for foreign language education in Russia, …
US language learning startup Duolingo enters Russian market Read More
Universarium.org, a month-old Russian online education project backed by leading Russian universities, is offering its first set of full lectures this Monday. Officially launched on December 23, 2013 as a “Christmas and New Year present,” the effort, backed by the Russian news agency RIA Science and the government-owned Agency for Strategic Initiatives, is designed to …
Millions of Russians ushered to free e-education as Universarium comes online Read More
BeSmart.net, a Russian startup that presents itself as a “universal trading platform for Internet users to buy and sell educational and informative materials,” will receive from Hong Kong-based investment fund Education Matrix a total of $4 million over the next three years. After completing its development on the domestic market, the startup plans to start international …
New Russian educational content startup to receive $4 million from Hong Kong fund Read More
Late last month, MassChallenge, a nonprofit organization that runs a $1 million annual global startup competition, hand-picked 128 first-round winners to join its 2013 Accelerator Program. RVC-USA, the Boston-based representative office of Russian government-owned RVC and a two-time platinum sponsor of the MassChallenge competition, announced last week that four Russian startups had made it to …
Four Russian tech startups join MassChallenge’s best and brightest Read More
