On September 21 Wildberries, the number one retailer in Russia, launched sales in Ukraine. Customers can order goods with free delivery in the wildberries.ua online store as well as through the iOS mobile application. An Android app will be launched shortly. In addition to Russia and Ukraine, the company operates commercially in six countries: Belarus, …
Russian e-commerce leader Wildberries launches in Ukraine Read More
My.Games Venture Capital (MGVC), an investment firm affiliated to Mail.ru Group, and Aii Corporation, a Finnish VC firm, have teamed up to invest in a US-headquartered mobile games studio called Hypemasters. “Under the new partnership, MGVC will provide marketing, HR, operations, and financial support to Hypemasters to drive the development of current and future titles,” …
My.Games invests in Russian-founded studio Hypemasters Read More
Just weeks after The Untitled announced plans to launch a new venture fund for Russia and Eastern Europe, Fort Ross Ventures, another Russia-connected VC firm, shared news about a similar initiative. Dubbed ‘Fort Ross Seed Fund,’ the new venture vehicle is the third fund managed by Fort Ross, following SBT Ventures I and II. It …
Fort Ross Ventures aims to invest $100 million across Russia and Eastern Europe Read More
Russian startup NaPopravku (“for cure”), an online service for medical appointments, has raised $2.25 million for further domestic expansion and mobile developments, reported industry publication Rusbase. The investor pool includes the Russian investment holding Avenir, which has a variety of tech companies in its portfolio; the Swedish VC fund VNV, which is renowned for its …
Swedish, Malaysian and French investors back Russian startups Read More
Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the US are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Chainalysis’ 2020 Global Crypto Adoption Index, released earlier this week, ranks 154 countries based on their cryptocurrency adoption. The crypto adoption index …
Ukraine, Russia, South Africa, Nigeria top global cryptocurrency adoption ranking Read More
The Untitled, a Russian venture firm established in 2013, is raising a new vehicle to invest across Eastern Europe with a focus on the former Soviet Union. With a €50 million target, the new fund will seek to invest at the seed and pre-Series A stages in such segments as B2B software, robotics, artificial intelligence, …
Yandex, the Russian Internet giant, is developing an international education platform to train data analysts, data scientists, web developers and other IT specialists. Dubbed ‘Practicum,’ the platform is touted as a “practice-oriented, job-landing bootcamp,” starting with a free 20-hour intro course. After initial roll out in Russia last year, Practicum was made available in English, targeting the US market, …
Yandex offers Russian and US students “a starter pack to break into tech” Read More
Last week Mercuryo.io, a Russian-founded startup based in Estonia, announced the completion of its first round of funding, having received €2.5 million from Target Global. Mercuryo.io has built a cross-border cryptocurrency payment network for businesses – allowing for transactions from and to anywhere in the world. This infrastructure offers solutions for virtual accounts, business payments, …
Target Global bets on Russo-Estonian startup “to disrupt crypto payments” Read More
Yandex and Uber yesterday announced agreements to spin off their self-driving vehicle business from Yandex.Taxi, the taxi-hailing and food tech joint venture they formed three years ago. The spin-off, dubbed ‘Yandex Self Driving Group B.V.’ or ‘Yandex SDG,’ will be directly owned by Yandex and Uber. The NASDAQ-listed Russian Internet giant will invest $150 million in the new company, on …
Yandex and Uber form dedicated company for self-driving business Read More
Two major Russian corporate funds, Rusnano Sistema and the IIDF, have just announced an investment in Texel, a startup which has designed an advanced 3D scan technology. The capital injection, which amounts to 110 million rubles, or $1.46 million at the current exchange rate, will be used to boost Texel’s international expansion. Over the past two years, …
Russian 3D scan provider secures $1.5 million to “digitize the entire planet” Read More
Huawei increased its investment in Russia after the US slapped the Chinese telecoms giant with sanctions last year, Huawei founder Ren Zhengfei said. “After the United States included us in the Entity List, we transferred our investment in the U.S. to Russia, increased Russian investment, expanded the Russian team of scientists and increased the salary of Russian …
Russian Internet users have shared the personal data of nearly every voter in Michigan (7.6 million of the state’s 7.8 million voters), as well as the information of another million voters in Arkansas, Connecticut, North Carolina, and Florida, according to the newspaper Kommersant. The data recently appeared on a Darknet forum, posted by a user nicknamed …
Russian Darkweb shares personal data of nearly 9 million US voters Read More
