Corporate venturing

Belarusian Wargaming and Russian VRTech invest $16 million in VR gaming company

February 6, 2018

Wargaming, the famous Belarusian game publisher, has teamed up with VRTech to make the popular tank battles of the World of Tanks available in virtual reality (VR) format. To this end, the two companies intend to inject $16 million in a dedicated joint venture named Neurogaming, as reported in late January by the Russian business …

Belarusian Wargaming and Russian VRTech invest $16 million in VR gaming company Read More

Softline Venture Partners invests in social media brand pages analytics

January 25, 2018

Softline Venture Partners, the venture arm of software publishing group Softline, has invested an undisclosed amount in JagaJam in exchange for a minority stake. The company will use the fresh investment to develop its technological platform, create new adjacent analytical products and scale up its business in Russia and beyond. A pioneer in the segment …

Softline Venture Partners invests in social media brand pages analytics Read More

Russian and Cambodian investors team up to back Indian healthcare startup

November 14, 2017

Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, and Cambodian investment holding company Tanncam have injected $14 million in the Indian healthcare startup Netmeds. Among the earlier investors in the startup are investment bank MAPE and OrbiMed Asia, along with Pradeep Dadha and his family. Sistema Asia Fund targets …

Russian and Cambodian investors team up to back Indian healthcare startup Read More

Rosatom to launch $100 million venture fund

October 30, 2017

Earlier this month Russian state atomic energy corporation Rosatom announced that it will inject 6 billion rubles (a little more than $100 million at the current exchange rate) in a corporate venture fund. Earlier this summer President Putin urged Russia’s largest corporations, including Rosatom, “to create subdivisions that will work closely with startups and small …

Rosatom to launch $100 million venture fund Read More

Russian mobile operator invests $10.8 million in local retail software developer

October 18, 2017

Earlier this month Russian cell phone operator MTS acquired a majority stake (50,82%) in Oblachyi Retail (“cloud retail” in Russian) for 620 million rubles ($10.8 million at the current exchange rate). The news was reported by local online publication Firrma.ru based on its exchanges with MTS. The funding includes 30 million rubles (roughly $525,000) for debt repayment, …

Russian mobile operator invests $10.8 million in local retail software developer Read More

Finnish-Russian game startup Panzerdog secures €800,000 from Mail.Ru Games Ventures

September 20, 2017

Panzerdog, a Finnish-Russian mobile gaming startup, has secured a €800,000 seed stage round from Mail.Ru Games Ventures, the games investment division established earlier this year by Mail.Ru Group. This is the first investment made by the division, which says it has considered “nearly 500 applications” before choosing Panzerdog. “Mobile games are the main driver of …

Finnish-Russian game startup Panzerdog secures €800,000 from Mail.Ru Games Ventures Read More

Russian space agency Roscosmos launches venture fund

September 14, 2017

Roscosmos, the Russian space agency, has launched a venture fund to support space innovation in Russia, said Roscosmos General Manager Igor Komarov last week in an interview with TASS. The new fund will support innovative projects in the space industry, including the small satellites production and light missile carriers development, student-oriented initiatives, as well as innovation centers …

Russian space agency Roscosmos launches venture fund Read More

Siberian ride-hailing app with alternative business model secures $5 million

September 13, 2017

Ride-hailing app inDriver has raised a $5 million Series A round from Leta Capital, TechCrunch reports. This startup from Yakutsk, Siberia has an unusual business model: passengers enter the price they are willing to pay, while drivers accept the orders only upon agreement of the fare. “inDriver does not influence price formation and does not take a commission …

Siberian ride-hailing app with alternative business model secures $5 million Read More

Laser-plasma technology startup secures $1.8 million from Russian industrial group

August 23, 2017

Russian startup Optogard Nanotech has secured 110 million rubles (some $1.8 million at the current exchange rate) in equity financing from Garant, a Russian group investing in industrial projects, as reported by Skolkovo Foundation. Optogard Nanotech has developed a laser-plasma technology for strengthening the surfaces of metals and alloys, such as the inside of pipes. The Optogard …

Laser-plasma technology startup secures $1.8 million from Russian industrial group Read More

Russian billionaire invests more than $20 million in online education platform

August 17, 2017

Illustrating the growing interest of Russian corporations in online education, Severgroup, a group of companies controlled by steel magnate Alexey Mordashov, has just acquired a 40% stake in Netology Group. The shares were sold by previous Netology investors, the Russian funds Buran Venture Capital and InVenture Partners, which fully exited the company. The financial terms of the deal have not …

Russian billionaire invests more than $20 million in online education platform Read More

Russian funds launch giant investment programs on the global fintech scene

August 3, 2017

As global fintech investment might reach new heights this year, Russian players are in the game with several Moscow-based firms announcing plans to invest massively in this industry. Thus two asset management companies, Fintech Capital and Da Vinci Capital, are launching a $200 million debt finance fund for fintech companies. FinTech Capital is owned by ID …

Russian funds launch giant investment programs on the global fintech scene Read More

Mitsui chefmarket

Russian startup Chefmarket attracts $3.5 million from Mitsui

July 25, 2017

The Moscow-based food delivery startup Chefmarket.ru has just secured $3.5 million from Mitsui & Co — just one year after the Japanese corporation led a previous $1.5 million round. “Mitsui has designated retail and services, including e-commerce and TV shopping, as one of its key domain, and is expanding its presence through various investments. After a small …

Russian startup Chefmarket attracts $3.5 million from Mitsui Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.