Russian venture fund Aurora Venture Capital has invested 30 million rubles, or a little less than $1 million, in Apartama.ru, a Moscow-based online retailer of furniture, house appliances and interior design items. The deal was reported yesterday by Russian news agency RIA Novosti, citing Aurora’s Managing partner Vsevolod Topolyansky. The terms of the transacton were …
Aurora invests $1 million in 3D interior design startup Read More
Moscow-based online food ordering company Delivery Club announced last week it has completed a $4 million second round of financing from its existing investor Addventure, a major Russian venture fund. The funds will be invested in regional and global expansion, the startup stated, targeting Central and Eastern European countries. Delivery Club claims it currently processes …
Igor Matsanyuk, a prominent figure in the Russian Internet and online game industry, and now the owner of Imi.vc, a Russian venture capital firm that funds innovative mobile apps, has invested $4 million in Narr8, Russian IT portal CNews.ru reported last week. Founded by former Mail.ru VP Alexander Vashchenko, Narr8 is a producer of comic book-based …
Narr8 raises $4 million to animate Russian and US tablets Read More
Anywayanyday.com, a popular Russian online retailer of air tickets, has mandated Merrill Lynch to secure a $40 million round of financing, the Russian business daily Kommersant reported yesterday, citing unnamed sources. The new round of financing will allow Anywayanyday to accelerate its development, particularly in foreign markets. The site, which offers an interface in English …
Anywayanyday seeks to raise $40 million ahead of possible IPO Read More
Leta Capital announced last week it has invested $600,000 in Redhelper, a provider of SaaS solutions for online customer service and behavioral data analysis for e-commerce sites. The transaction valued the company at “more than $2 million,” Leta announced. The startup was founded just one year ago by three classmates from the technical deparment of …
E-commerce SaaS solution developer secures $600,000 from Leta Capital Read More
This week, the Russian startup scene has witnessed the launch of a new concept that could potentially target half a billion users around the world: Twistock.com, a site that transforms Twitter social influence into virtual stock value and ultimately material value. Upon registration, Twistock users receive a certain amount of virtual money, or starting capital, …
Singapore-funded Russian startup turns Twitter accounts into stock exchange value Read More
Station X, a Silicon Valley based developer of software for scientific and clinical genome research, has just raised $5 million in its second funding round led by Runa Capital, a Russian early stage VC fund. The two-year-old US start-up, which focuses on genome data analysis and visualization for clinical and research apps, is expected to …
With Runa Capital’s $5 million, US’ Station X poised to “crack genetic code” Read More
Abbyy, a Moscow-headquartered global provider of document recognition, data capture and linguistic technologies and services, announced last week it has acquired Digital Documents, a California-based value-added reseller (VAR) and systems integrator. Digital Documents provides with document capture, recognition and retrieval technologies for the healthcare, education, government, financial services and retail markets. The company claims it serves …
Russian software publisher ABBYY acquires US VAR Digital Documents Read More
Lilliputian Systems, a developer of portable power products for consumer electronics, announced last week it has closed on $40 million of a planned $60 million equity financing round led by Rusnano. The Russian nanotechnology giant joins Lilliputian’s current blue chip investors including Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas …
Rusnano invests in US portable power technology developer Read More
The recent series of large scale investment in Russian e-commerce sites continues with Zoom Capital’s $30 million investment in Vseinstrumenti.ru, a website offering tools and appliances for use in homes and gardens as well as workshops and construction sites. Vseinstrumenti.ru (“All instruments” or “all tools” in Russian) is one of those Russian online retailers that are …
Zoom Capital invests $30 million in e-commerce leader Vseinstrumenti.ru Read More
QRGL, a startup established in Russia’s third largest city Ekaterinburg in the Ural mountains, secured $1 million from Veles Capital, a Moscow asset management company, regional portal 66.ru reported last week. Veles Capital will receive a two-third stake in the company. Founded in April 2010 by Pavel Medvedev, QRGL has developed an anti-counterfeit technology that …
Last week, Lokata.ru, a startup driving Internet and mobile users to offline stores, completed a new round of financing from German-American venture fund E.Ventures (formerly known as E-Ventures Capital Partners) and Bonial International Group, a German company which has developed similar projects in several European countries. The terms of the deal have not been disclosed. …
Lokata.ru secures new funding from E.Ventures and Bonial Read More
