Venture / Private equity

Two Moscow online reputation agencies secure $3 million for R&D and M&A purposes

March 8, 2019 March 8, 2019

Online reputation management agencies Sidorin Lab and Reputation Lab have attracted $3 million in equity funding from a pool of individual investors in exchange for a 30% stake in each company. Among these investors is Anton Alikov, a partner at Switzerland-based Blackfort Capital. The fresh funding will be used for business development and software development purposes. …

Two Moscow online reputation agencies secure $3 million for R&D and M&A purposes Read More

Ukrainian-Russian startup raises $1.5 million to teach English to Polish and Spanish kids

March 7, 2019 March 7, 2019

AllRight.io, an e-learning startup with Ukrainian and Russian roots, has just secured $1.5 million in a funding round led by Buran Venture Capital. Founded in 2017, AllRight provides childrens aged 4-12 with courses of English as a foreign language. The startup claims to serve more than 1,700 active users monthly, essentially from Russia, with 150 …

Ukrainian-Russian startup raises $1.5 million to teach English to Polish and Spanish kids Read More

Moscow court rejects appeals against pre-trial detention of Baring Vostok top executives

March 4, 2019 March 4, 2019

On Wednesday, Thursday and Friday last week the Moscow Municipal Court rejected appeals against pre-trial detention for Baring Vostok’s top executives, including US citizen Michael Calvey, founder, French citizen Philippe Delpal, Partner, and Russian citizen Ivan Zyuzin, Investment Director. Baring Vostok, which does “not agree with the charges that have been brought against them,” announced …

Moscow court rejects appeals against pre-trial detention of Baring Vostok top executives Read More

Baring Vostok case not about politics, but perhaps about geopolitics

March 2, 2019 April 1, 2019

“Sources close to the Kremlin” told independent TV station Dozhd that the arrest of Baring Vostok founder Michael Calvey on Feb. 15 – which President Putin at least knew about and perhaps endorsed – were caused by suspicions that the private equity firm funded Russian opposition groups. “They tried to shake things up before the …

Baring Vostok case not about politics, but perhaps about geopolitics Read More

Top investors, entrepreneurs and officials to meet at Kazan’s Russian Venture Forum (April 11)

February 28, 2019 April 2, 2019

On April 11 Kazan, the tech-friendly capital of the Republic of Tatarstan, 800 km east of Moscow, will host an array of startup and ICO entrepreneurs as well as top VCs, cryptocurrency investors, corporations and representatives of government agencies. They will meet at the Russian Venture Forum (RVF), a high-profile annual event which has become …

Top investors, entrepreneurs and officials to meet at Kazan’s Russian Venture Forum (April 11) Read More

Mail.Ru Group invests in online IT education platform

February 27, 2019 July 11, 2020

Mail.Ru Group, the LSE-listed Russian Internet giant, is investing is Skillbox, an e-learning platform for digital and IT specialties. The transaction was revealed yesterday by business daily Vedomosti, based on exchanges with representatives of both companies. The group has acquired a 3.6% stake for an undisclosed amount as part of a plan to ultimately acquire …

Mail.Ru Group invests in online IT education platform Read More

Closed-door endorsement or “factual statements:” How President Putin has involved himself in the Baring Vostok case

February 26, 2019 March 4, 2019

To which extent was Russian President Vladimir Putin personally aware or supportive of the decision to prosecute Michael Calvey, the founder of leading Russian private equity firm Baring Vostok? The question has been actively discussed since the US businessman’s arrest on Feb.15. Assumptions of the Kremlin’s at least knowledge of the matter stem from the …

Closed-door endorsement or “factual statements:” How President Putin has involved himself in the Baring Vostok case Read More

Russian marketplace B2B-Export secures $4 million from top African businessman

February 25, 2019 July 13, 2019

B2B-Export, an online platform that helps Russian industrial companies sell their products abroad, has received $4 million from African businessman Isaac Kwaku Fokuo, Jr., in exchange for a 5% stake. The news was reported last week by the online publication Rusbase based on an exchange with B2B-Export’s founder Ekaterina Dyachenko. “We have a common geographic …

Russian marketplace B2B-Export secures $4 million from top African businessman Read More

Prominent business associations call for “honest and fair investigation” in Baring Vostok case

February 20, 2019 February 22, 2019

Yesterday four key European business associations operating in Russia published a “common statement” with regards to the Baring Vostok case in which two foreign top managers of the firm, US citizen Michael Calvey and French citizen Philippe Delpal, were detained Friday. These business associations stated the following: The Association of European Businesses, the German-Russian Chamber …

Prominent business associations call for “honest and fair investigation” in Baring Vostok case Read More

Siberian startup raises $4.5 million for alternative tuberculosis, cancer and HIV treatment technology

February 19, 2019 February 19, 2019

In late January a Russian government fund injected 305 million rubles (around $4.5 million at the current exchange rate) in Personal Medication & Health Management (PM&HM), a Novosibirsk, Siberia-based company that has developed a new approach to tuberculosis, cancer and HIV treatments. Founded by researchers from the local branch of the Russian Academy of Sciences, PM&HM has designed a …

Siberian startup raises $4.5 million for alternative tuberculosis, cancer and HIV treatment technology Read More

Rusnano exits US Wi-Fi chipset provider Quantenna with high return

February 18, 2019 February 18, 2019

Rusnano, the Russian state-controlled nanotechnology corporation, has exited Quantenna Communications, a US-based provider of high-performance Wi-Fi solutions, six years after an investment of around $20 million in the company. Revealed by SEC documents and confirmed by Rusnano, the exit transaction took place December 2018. The Russian firm received some $43 million in exchange for its …

Rusnano exits US Wi-Fi chipset provider Quantenna with high return Read More

Baring Vostok founder under arrest: The Russian tech investment community under shock

February 15, 2019 March 5, 2019

US citizen Michael Calvey, a figure of the Russian private equity scene, was detained Friday in Moscow as part of a large-scale fraud investigation (read more about the charges). The news has put the Russian investor and tech community under shock. Calvey is the founder of Baring Vostok Capital Partners, one of the most established …

Baring Vostok founder under arrest: The Russian tech investment community under shock Read More

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.