Venture / Private equity

Online classifieds service Prodai.ru secures $500,000 from wood industry businessman

February 14, 2016

Russian online classifieds site Prodai.ru has raised half a million US dollars from an unnamed investor from the wood industry, online publication Rusbase reported earlier this month. The funding will be used for expansion across Russia, with the Siberian regions of Kemerovo, Novokuznetsk and Chita targeted in the short term, Valery Vorobyev, the site’s founder, told …

Online classifieds service Prodai.ru secures $500,000 from wood industry businessman Read More

Russia’s venture summer in review: More than 25 deals reported, new fund of up to $300 million launched in Moscow

December 26, 2018

Venture funds with Russian capital or Russian origins were far from being inactive this summer, which saw more than two dozens of significant deals made public and several new funds and accelerators launched. The invest-abroad trend, which started a few years ago, has been accelerating recently, as witnessed by the number of deals which involved US, Israeli, Asian and Australian …

Russia’s venture summer in review: More than 25 deals reported, new fund of up to $300 million launched in Moscow Read More

500 Startups appoints new investment managers for new geographies including Russia

February 14, 2016

Last week US seed fund and accelerator 500 Startups announced new investing partners to invest in several new countries of the world, including Russia and Eastern Europe, Japan, Germany, Israel and Turkey. Diana Moldavsky has joined the organization as Investment Partner covering Eastern Europe, Russia/CIS, Israel, Central Asia. “Markets in the Eastern European region are …

500 Startups appoints new investment managers for new geographies including Russia Read More

Ukraino-Russian bus-ticket software provider Gillbus secures $1 million from CIG

March 2, 2017

Gill Business Systems (Gillbus), a company that develops inventory distribution systems (IDS) for the bus-transportation industry, has just secured $1 million from Ukrainian fund Chernovetskyi Investment Group (CIG), reported tech blog AIN.UA. Launched in Ukraine in 2010, Gillbus aims to make distribution of tickets for buses “as smooth as tickets for airlines.” According to CIG, the company …

Ukraino-Russian bus-ticket software provider Gillbus secures $1 million from CIG Read More

Report: Venture investment in Russia grew in 2014 thanks to state support

February 14, 2016

Venture investment volumes in Russia remained at a rather high level in 2014, but state funds accounted for an important fraction of this activity while many foreign funds decreased or ceased operations in Russia. This is one of the key findings of the 2014 report by RMG, an independent Moscow-based investment company, whose English version has just …

Report: Venture investment in Russia grew in 2014 thanks to state support Read More

3D modelling app maker GeoCV secures $1.15 million for sales tests in Russian and US markets

February 16, 2016

Two Moscow-based funds, Emery Capital and Starta Capital, have invested $1.15 million in GeoCV, a startup which is developing a mobile app for creating 3D-models of interiors. According to Russian tech blog Firrma.ru, the funding will be used for sales tests in the Russian and US markets in the next few months. In a previous round …

3D modelling app maker GeoCV secures $1.15 million for sales tests in Russian and US markets Read More

InVenture Partners invests $5 million in US telemedicine startup American Well

February 16, 2016

InVenture Partners, a venture fund with Russian origins which invested in taxi booking app Gettaxi and in a range of Russian startups, has invested $5 million telemedicine startup American Well. This Boston, USA-based company uses mobile and web technology to “improve access to quality care, removing barriers such as distance, mobility, and time.” The fund received a minority stake in the US …

InVenture Partners invests $5 million in US telemedicine startup American Well Read More

Grishin Robotics invests in US 3D sensing hardware and software maker 

February 16, 2016

3D sensor developer Occipital Inc. announced last week that it raised $13 million in Series B funding. Grishin Robotics, a fund launched in 2012 by Mail.ru group CEO Dmitry Grishin, participated in the round along with Intel Capital, Shea Ventures and existing investor Foundry Group. In 2013, following a Kickstarter campaign, Occipital launched “the Structure Sensor,” a 3D sensor that scans objects …

Grishin Robotics invests in US 3D sensing hardware and software maker  Read More

DST Global raises $1.7 billion to launch fifth fund – without Russian money

February 16, 2016

DST Global, the venture capital and growth equity firm led by Yuri Milner, has raised $1.7 billion for its fifth fund, according to a filing with the SEC. The fund has been registered in the Cayman Islands. The identity of the new fund’s backers has not been disclosed, but a source close to DST told Russian business daily Vedomosti …

DST Global raises $1.7 billion to launch fifth fund – without Russian money Read More

Abramovich invest in Californian startup Driveway Software “to disrupt the insurance industry”

February 16, 2016

Last week Driveway Software, a Silicon Valley startup that provides smartphone-based telematics solutions, announced that it raised $10 million in a funding round led by Ervington Investments, a property of Russian billionaire Roman Abramovich.  A smartphone-deployed telematics platform designed to reward safe driving, Driveway aims to “disrupt the insurance industry.” Its iOS and Android app, paired with cloud analytics, …

Abramovich invest in Californian startup Driveway Software “to disrupt the insurance industry” Read More

New fund to invest $2 million in B2B solutions till end 2015

February 16, 2016

Russian entrepreneurs who develop B2B solutions for the consumer segment may now receive support from a specially dedicated venture fund. Christened B2B Lab, this fund has just been launched by Alexander Boiko and Vadim Potrashkov, two shareholders of Russia’s leading B2B marketplace B2B-center.ru. The fund has already injected $400,000 in MenuForYou, a Moscow-based startup which …

New fund to invest $2 million in B2B solutions till end 2015 Read More

CarPrice.ru raises $40 million to develop online used car brokerage in Russia and beyond

February 16, 2016

Yesterday CarPrice.ru, a major Russian online broker of used car, announced that it raised $40 million in a Series B funding round – a considerable amount in the context of contraction of the Russian venture market. The round was led by Baring Vostok Private Equity Fund V with the participation of Almaz Capital and other unnamed investors. …

CarPrice.ru raises $40 million to develop online used car brokerage in Russia and beyond Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.