Russian fund Addventure announced last week a Series A investment of $1.5 million in в Medbooking.com, an online service for setting appointments with Moscow medical organizations. Medbooking is intended to become an umbrella brand for appointments with all categories of physicians, dentists and cosmetologists. It will work in synergy with Timetovisit.ru, a service launched a …
AddVenture injects $1.5 million into Medbooking.ru Read More
Runa Capital, a $135 million venture fund with offices in Moscow and California, has just announced an investment in Wallarm, a startup with Russian origins that develops solutions to protect online businesses from application-level attacks by hackers. The exact amount of the capital injection has not been disclosed. Runa’s PR Director Liliana Pertenava only said to …
Runa Capital invests in IT security startup Wallarm Read More
Product Test, a project aimed at testing and giving expert evaluations of consumer products, has announced that it received approximately $1 million from Moscow serial angel investor Igor Ryabenkiy and four other business angels. Conceived as a platform to test consumer goods including electronics and household goods, Product Test buys the products it assesses rather …
Online consumer goods testing platform raises $1 million from Moscow business angels Read More
ImpulseVC, web and media venture fund and incubation structure launched last week in Moscow, has injected $450,000 into Retail Rocket. The news was reported by Russian tech blog Firrma, based on an exchange with the startup’s founder Nikolai Khlebinsky. Retail Rocket has developed a technology that forms personalized cross- and up-selling recommendations based on user …
Online shopping recommendation startup Retail Rocket secures $450,000 from ImpulseVC Read More
Leading Russian online retailer Ozon is preparing for a new $100 million round of investment. Morgan Stanley has been mandated to conduct this next round of financing, as announced yesterday by Russian business daily Kommersant. “The funds will be used to expand our logistics system and consolidate the e-commerce market in the three areas where …
A new early stage technology support entity called ImpulseVC was launched last week in Moscow to invest in new media and web-based entertainment startups. ImpulseVC includes a venture fund, an accelerator and an incubator. The founders of Sape.ru, a six-year-old online exchange that buys and sells links from a wide variety of websites and is estimated …
New fund and incubator ImpulseVC to invest $65 million in Russian Internet startups Read More
Last week, the Russian edition of Forbes released a list of 10 top Russian venture capitalists whom it identified as being “the most successful.” In the last four years, these investors have earned approximately $3.6 billion from mainly Internet-related projects. The ranking uses the same methodology as American Forbes for The Midas List, the global …
Forbes identifies Russia’s top 10 venture capitalists Read More
Special attention was paid to the booming Russian innovation and venture scene and its globalization last week at Journey 2013, an event organized by Ernst & Young in Tel Aviv. A “Journey Into Russia” roundtable presented Russia’s high tech scene to several key representatives of the Israeli and global venture capital community in attendance. Professor …
Russian VCs and entrepreneurs discuss high tech globalization in Israel Read More
Divan.TV, a Ukrainian developer of OTT middleware and pay TV channels with 125,000 users in Ukraine, has made its programs available worldwide, targeting Russian- and Ukrainian speaking audiences. According to the company, this audience reaches about 80 million households in total, including 16 million in Ukraine, 32 million in Russia and more than 30 million …
Divan.TV launches worldwide for 300-million Russian and Ukrainian language audience Read More
As in the previous years, the 2013 IDCEE conference attracted to Kiev, Ukraine earlier this month an impressive number of investors, startup entrepreneurs and IT professionals from over 45 countries (see videos). The core topics of this year’s conference were online education, e-commerce, and entrepreneurship in Brazil. The event – which took place in a huge …
Earlier this month, RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, raised $500,000 from LETA Capital, the venture branch of Russian IT security group LETA. RoboCV employs 15 people and is developing “a universal autonomous navigation robotic unit,” which it describes as “a compact device with a built-in associated navigation system …
VTB Bank, a leading, state-owned Russian bank, surprised the Russian telecom market last week by announcing the sale of a 50% stake in Tele2 Russia, Russia’s fourth largest mobile operator. The Bank had acquired 100% of shares in Tele2Russia for $3.55 billion just six months ago from the Swedish telecom group Tele2 AB. The buyer …
VTB sheds 50% of its Tele2 Russia asset in unexpected deal Read More
