Venture / Private equity

AliExpress Russia invests in regional marketplace KazanExpress

February 7, 2022

AliExpress Russia, a leading cross-border and domestic e-commerce platform in Russia, has invested in a major regional e-commerce company, KazanExpress, acquiring a 30% stake. The amount of the transaction was not disclosed but, in an exchange with Kommersant, KazanExpress co-owner Linar Khusnullin refered to an amount of “several billions of rubles” (dozens of millions of …

AliExpress Russia invests in regional marketplace KazanExpress Read More

Two startup entrepreneurs from Russia aim to “revolutionize SME finance” in Germany

March 22, 2021

Earlier this month in Germany, a Russian-founded startup  launched a “4-in-1 finance platform” for SMBs — a solution that automates admin and accounting processes.  The startup, dubbed Monite, also announced the completion of a €1.1 million pre-seed funding round, which involved no less than 10 investors. Among them are Berlin-based signals Venture Capital, Zurich-based Tomahawk VC, Turkish fund InVentures …

Two startup entrepreneurs from Russia aim to “revolutionize SME finance” in Germany Read More

Backed by a software giant, this Russian smart transportation provider eyes foreign markets

March 19, 2021

Softline Venture Partners, the venture arm of Russian software giant Softline, has invested in T-1 Group,  a provider of B2B and B2C telematics solutions and navigation technologies. No details of the transaction were disclosed.  “The acquisition of a stake in T-1 Group is an investment in the rapid growth of the transport telematics market, which is simply …

Backed by a software giant, this Russian smart transportation provider eyes foreign markets Read More

Russian-founded micropodcasting startup receives funding from Peter Thiel and other prominent founders

March 8, 2021

A bevy of prominent business angels have backed Voices, a Russian-founded micropodcasting startup based in California. Two million US dollars were contributed by Signal founder Moxie Marlinspike, Tinder founder Justin Mateen, Shutterstock founder John Oringer, eBay founder Peter Thiel, MSQRD co-founders Sergey Gonchar, Evgeny Negen and Andrey Yanchurevich, alongside a few others.  Voices co-founder Alexey …

Russian-founded micropodcasting startup receives funding from Peter Thiel and other prominent founders Read More

0100 Virtual CEE: Hundreds of PE/VC professionals to meet online (March 16-18)

March 10, 2021

More than 500 industry professionals, including 300+ investors interested in the CEE region, are expected to participate in the 2nd edition of 0100 Virtual CEE,  a major PE/VC regional conference.  The event will take place online from 16th to 18th March, 2021. Participants will include senior level General Partners from renowned PE/VC funds and Limited Partners — including pension funds, funds of funds, family …

0100 Virtual CEE: Hundreds of PE/VC professionals to meet online (March 16-18) Read More

Russian online programming school attracts $10 million to pursue global expansion

February 25, 2021

Algorithmics (Algoritmika in Russia), a leading Russian online school of programming, has attracted $10 million in equity funding. Two major funds have backed the startup: Winter Capital and the Russian Chinese Technology Investment Fund. A previous investment came in 2019, when Mail.ru Group acquired a minority stake in the startup.  Founded in 2016, Algorithmics offers …

Russian online programming school attracts $10 million to pursue global expansion Read More

Dsight presents Russian VC trends for 2020 (online event, Feb. 25)

February 23, 2021

Dsight, with support from CrunchBase, EY, EWDN and other partners, will present its Russia venture report for 2020 and discuss the latest market trends and events. This online event will take place on Thursday, Feb. 23 at 6pm Moscow time (4pm CET). The program covers such topics as: Key venture facts and trends in Russia …

Dsight presents Russian VC trends for 2020 (online event, Feb. 25) Read More

E-commerce provider secures $1.3 million from Russian business angel

February 5, 2021

As Russian e-commerce, boosted by the pandemic, is breaking records, service and solution provider PIM Solutions has just received a capital injection of 100 million rubles ($1.3 million at today’s exchange rate) from business angel Dmitry Zobnin. The valuation of the company has reached 2 billion rubles (around $26 million), as Zobnin received a 5.13% …

E-commerce provider secures $1.3 million from Russian business angel Read More

Russian neurotech startup Wikium raises millions to improve cognitive capacities and increase stress resistance

February 5, 2021

Last week, a sizable deal in the field of neurosciences was announced in Russia. Maxim Basov, an executive from the agro industry, has invested in Wikium, an award-winning startup offering brain productivity exercises for office staff and students. Basov took control of the company, acquiring a 66% stake, Rusbase reported. The amount of the deal was not disclosed, but Rusbase noted …

Russian neurotech startup Wikium raises millions to improve cognitive capacities and increase stress resistance Read More

Tencent backs Russian game studio to re-create robotized Soviet atmosphere

February 5, 2021

Russian game publisher Mundfish has secured a Series B funding round led by Tencent. Two existing investors — Moscow-based GEM Capital  the investment vehicle of oil industry executive Anatoliy Paliy and Gaijin Entertainment’s founder Anton Yudintsev — also took part in the deal. The amount of the capital injection was not disclosed, but industry insiders told Russian business …

Tencent backs Russian game studio to re-create robotized Soviet atmosphere Read More

Russian telecom majors MegaFon and MTS invest in the startup space

August 30, 2021

MegaFon, a major Russian mobile operator and retailer, has increased its stake in video service Start to 50%, as reported by business daily Kommersant.  The move follows the acquisition of 33.8% of the company, announced in October 2020. The valuation of the startup — which was founded in 2017 — could reach or exceed 4 billion rubles (some …

Russian telecom majors MegaFon and MTS invest in the startup space Read More

Elbrus Capital attracts major international players to invest in the Russian digital sphere

February 1, 2021

Elbrus Capital, a leading private equity firm focusing on Russia and neighboring countries, has attracted $260 million to launch its third fund. As reported by business daily Kommersant, the firm aims to raise $600 million in total until the end 2022 for this new fund, which will focus on Russian digital companies.  The first deals are …

Elbrus Capital attracts major international players to invest in the Russian digital sphere Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.