Launched earlier this month, programmatic advertising service ViHub makes it possible to target views by audience and user interest, monitor the coverage and overall hit rate for all sites and resources, filter out negative content from pages and simultaneously protect traffic from bots. According to Ilya Mikin, general director of ViHub, the rapid growth of …
New video advertising service launched with VC support Read More
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested $1.7 million in Patients Know Best, a British company which has designed a cloud platform for managing patient details. Patients have an account with the site, which h holds all of their medical records. They can access …
Maxfield Capital invests $1.7 million in UK’s Patients Know Best Read More
The Hamburg-based startup Dreamlines announced yesterday it secured 20 million euros in C Round financing from an international pool of investors led by Target Ventures. Also participating in the round was Altpoint Ventures, a US-based fund launched this past September, as well as previous Dreamlines investors Holtzbrinck Ventures, Hasso Plattner Ventures and Dimaventures. Another earlier …
FinSight, a New York-headquartered venture fund belonging to leading Russian financial group Finam, has contributed an undisclosed amount to the Series A equity round of French fintech startup Finexkap. The startup has raised $22.5 million in total, including a $7.5-million capital injection from GLI Finance, FinSight as well as undisclosed private investors and family offices. These funds will be used …
FinSight invests in French fintech startup Finexkap Read More
In a new illustration of the maintained interest of several Russian funds in Ukrainian startups, Imperious Group has invested $250,000 in Multitest, a Kiyv (Kiev) -based startup that helps Internet users choose their ISP. The funds will be used to redesign the platform and penetrate new markets. The startup’s founder Artem Beloded is considering, in particular, the US, UK …
In late October, Soft Machines Inc., a Silicon Valley-based semiconductor startup company with an important R&D center in Russia, unveiled the Soft Machines VISC architecture – a “breakthrough” in microprocessor performance-per-watt scaling that will “significantly improve performance and power for all segments of the computing ecosystem,” according to the company. “We’ve been quietly building the …
The past few weeks have demonstrated the uncomfortable position Western venture capitalists that have traditionally invested in Russia are finding themselves in as a result of the international tensions. While, in the eyes of some them, the Russia label has become a stigma, other VCs have proclaimed their commitment to continue investing in Russian startups …
Fast growth appeal vs. pressure of sanctions: Western VCs’ new Russia dilemma Read More
Russian IT startup Gruzopoisk has received $150,000 investment from private investor Oleg Zakharchenko. The business angel’s investment has bought him a 10% stake in the project, which is valued at $1.5 million, as well as an active role in management of the company. He will be responsible for the product’s promotional strategy. Gruzopoisk is a …
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has led a funding round of “more than $5 million” in nCrypted Cloud, a Boston-based online security service for cloud data storage. A pool of business angels from companies including Microsoft, Cisco, Reveal Imaging and Broadcom has also …
Maxfield Capital leads $5 million round in Boston-based cloud data storage startup Read More
Last week online car sales and valuation service CarPrice.ru received $2 million in seed investment. The principal investors were Almaz Capital, Fastlane Ventures, e.ventures along with several other Russian and foreign funds. The company was founded very recently, in June of this year, by Edward Gurinovich, Oskar Hartmann, Alexander Danilov and Artem Bolshakov.
Earlier this month the IIDF (FRII in Russian, a major fund launched last year to support Russian Internet startups), announced an investment of 44 million rubles (approximately $1.1 million) in Intelligent Social Systems. This company develops IT projects for facilitating effective interaction between the public and state agencies and commercial organisations. Its first project was “Angry Citizen,” …
IIDF supports online project to turn “angry citizens” into “satisfied citizens” Read More
Artem Kulizhnikov, founder of a startup designed to help musicians annotate music, is packing his bags to leave Moscow in December. His destination: Dubai or Singapore, where he sees a better chance of securing funding for his second company. “Russian venture-capital funds want to invest their money only in Russia, but we want to build an international business and …
Russian brain drain saps talent as sanctions hit financing Read More
