The fifth annual Investor Day-IDCEE affirmed itself as an important event on the international high tech scene, attracting some 2000 participants, including representatives from 150 startups and 200 investors from 34 countries. The two day long event was held in Kiev, Ukraine, on October 25 – 26 (see videos) Cafe and restaurant directory. The best …
British electronic invoicing startup Tradeshift announced last week it had secured $17 million in funding led by Russian venture funds Ru-Net and Kite Ventures, Tradeshift co-founder and CEO Christian Llang reported in the company’s blog. Existing Tradeshift investor British fund Notion Capital also took part in the round of funding to increase its stake in …
UK online invoicing startup Tradeshift nabs $17 million in funding led by Russian funds Read More
Runa Capital, a Moscow based venture fund, announced yesterday it has invested in ThinkGrid, a UK headquartered global cloud company which defines itself as “a channel-focused vendor providing turnkey worldwide infrastructure and a control panel platform that allows IT solution providers to become cloud service providers and to offer IT services from the cloud in …
UK based cloud service ThinkGrid secures investment from Runa Capital Read More
Skolkovo Foundation, the state owned enterprise building an international innovation hub near Moscow, completed a series of roadshows in Western countries to present its projects. The first presentation, held in Vienna on September 14, focused on biomedical, energy saving technology, and IT projects. The Skolkovo delegation also discussed possible cooperation in the field of nuclear …
Skolkovo holds roadshows in Silicon Valley, Munich and Vienna Read More
Muscovites can now easily escape the noise and pollution of the Russian capital for a spontaneous week-end trip thanks to Travelata.ru, a new website specializing in short range impulse travel that launched its beta version on Monday. The site offers tours on weekends or short holidays in Russia, near abroad countries like Turkey or Latvia …
Moscow startup aims to become Russia’s LastMinute.com Read More
Russian Venture Company (RVC), the state owned fund of funds dedicated to innovation, announced last week it has been an indirect participant in a $250 million series B financing for Dropbox, a leading US cloud storage startup. The investment was made through Institutional Venture Partners XIII (IVP), a prominent later stage venture capital and growth …
The Russian startup scene took another step towards becoming an international platform last week with the launch of TexDrive, Moscow’s first international mentor-led startup accelerator program. Among TexDrive co-founders are startup accelerator veteran Jon Bradford from Cambridge, UK, and Andrey Kessel, a Russian born entrepreneur and investor also living in Cambridge. Joining them is Alexander …
First international startup accelerator opens in Moscow Read More
Startup accelerator veteran Jon Bradford is a co-founder of TexDrive, Russia’s first international mentor led startup accelerator program currently launching its operations in Moscow. He shared with East-West Digital News his vision on the issues startups face and how accelerators can help entrepreneurs in Russia and elsewhere.
Ru-Net, a major Moscow-based venture fund, has set up an American arm to invest in US Internet, SaaS and cloud computing companies. The new fund, named RTP Ventures, opened a representative office in New York City only last month, but has already made several investments in the first months of operations. RTP invests between $1m and $10m …
Ru-Net makes its $700 million available to US tech startups Read More
Plug and Play Tech Center, a prominent Silicon Valley incubator, got operations underway in Russia last week with the selection of its first five Russian startups. The launch projects, selected by a panel of Plug and Play judges, included Toytemic, a Moscow startup offering a “natural, intuitive method for linking virtual reality to the tactile …
US incubator Plug and Play selects startups to launch operations in Russia Read More
Nginx, the open source web server publisher (pronounced “engine-x”), has just closed a $3 million round of financing from Russian early stage venture fund Runa Capital, US fund MDS Capital and US-German fund BV Capital-eVenture Capital. The funds raised will be used to “establish a commercial offering that creates new infrastructure solutions for Internet companies in a variety …
Yuri Milner, co-founder of the top Russian Internet fund DST, is among the investors in Airtime, a new video chat service to be created by former Napster founders Sean Parker and Shawn Fanning. The news, reported by The Financial Times last Friday, was based on exchanges with Airtime’s founders. The Airtime concept is derived from …
Yuri Milner joins US Internet stars to launch new videochat service Read More
