International

Ukrainian-Russian startup YouScan acquires BrandSpotter

March 16, 2018

On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan. YouScan helps businesses monitor, analyze and compare …

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Russian, Saudi Arabian and Australian scientists release new software to radically improve oil extraction efficiency

March 15, 2018

Scientists from the Russian Academy of Sciences and Moscow State University have developed a software that calculates the permeability of 3D models of geological formations. The program, designed with support from Saudi Arabian and Australian research institutions, allows for a dramatic improvement in the efficiency of the exploitation of hydrocarbon deposits. . The software takes …

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Oskar Hartmann: “Everything is the same in Russia, but just comes a little bit later”

March 14, 2018

Born in Soviet Kazakhstan, Oskar Hartmann emigrated to Germany as he was still a child. In 2008, at the age of 27, he moved to Russia with the aim to launch his first business. He founded KupiVIP, Russia’s first flash-sales fashion site. Supported by international investors, and taking advantage of the opportunities of the Russian …

Oskar Hartmann: “Everything is the same in Russia, but just comes a little bit later” Read More

Skolkovo seeks to develop cooperation with Eastern Mediterranean countries

March 14, 2018

Since its inception, Skolkovo, the giant tech center under completion on the outskirts of Moscow, has been seeking to develop relations with a range of countries across Western Europe, North and South America, Asia and Africa. Most recently, initatives have been announced in connection with two Eastern-Mediterranean countries. In late February, the Skolkovo Foundation signed …

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The birth of a market: Mail.Ru Group now accepts bitcoin payments for ads, several startups in the running

March 12, 2018

Earlier this week Mail.Ru Group, an LSE-listed leading Russian Internet company, announced that its ad platform myTarget began accepting Bitcoin (BTC) and Bitcoin cash (BCH) as payment means for running ads on the group’s properties. These properties include Russia’s top social networks Vkontakte (VK) and Onoklassniki (OK) as well as two dozens of online resources …

The birth of a market: Mail.Ru Group now accepts bitcoin payments for ads, several startups in the running Read More

International blockchain and cryptocurrency experts to gather in Kazan (April 9-11)

March 6, 2018

On April 9-11, Kazan, a city 800km east of Moscow in Tatarstan, will play host to the ICO Summit Kazan, an international gathering of innovators and early adopters of blockchain and cryptocurrency across a variety of industries and market segments, including healthtech and biotechnology. Among the expected speakers are Dr. Ron Ribitzky of R&D Ribitzky …

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Russian startup launches scam-free dating service using facial recognition

March 5, 2018

Catfishing — the practice of fabricating online identities to lure people into deceptive romantic relationships — has been inherent to online dating and social networking since these even appeared. These romantic scams are not only the cause of numerous sentimental disappointments, they have also led many users to dreadful experiences. The issue is so widespread that it was depicted …

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“Next years promise to be no less interesting,” says Grishin after Ring’s $1 billion deal

March 2, 2018

Grishin Robotics, an international venture fund with Russian roots, was among the investors in Ring, a global manufacturer of home security products which has just been acquired by Amazon at a $1 billion valuation. The Ring devices, which provide “smart security at every corner,” can integrate with Amazon’s voice-controlled assistant Alexa — and there’s a potential …

“Next years promise to be no less interesting,” says Grishin after Ring’s $1 billion deal Read More

Sasha Galitsky: “The strengths and weaknesses of Eastern Europe in the field of technology are related in part to its communist past”

February 27, 2018

Alexander “Sasha” Galitsky, Ph. D., is co-founder and managing partner at Almaz Capital Partners, one of the most prominent international funds with roots in Eastern Europe. This interview is an excerpt from “Startup Investment & Innovation in Emerging Europe,” a research study just released by East-West Digital News.   Which technologies are CEE startups strongest …

Sasha Galitsky: “The strengths and weaknesses of Eastern Europe in the field of technology are related in part to its communist past” Read More

“Startup Innovation and Investment in Emerging Europe:” A groundbreaking research released by EWDN

February 27, 2018

How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in lesser known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many …

“Startup Innovation and Investment in Emerging Europe:” A groundbreaking research released by EWDN Read More

Samsung dominates Russian smartphone market with nearly 30% share

February 26, 2018

The Russian smartphone market continues to grow compared to other parts of the world where mobile Internet penetration has peaked. In this blog, Russian Search Marketing compares smartphone manufacturers’ distribution in Russia to the top 10 smartphone manufacturers’ distribution globally during 2017. According to research from Counterpoint’s Market Monitor service, smartphone distribution in Russia increased by …

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eSports, video surveillance, “green economy:” The Russian ICO frenzy continues

February 23, 2018

The Russian ICO frenzy – which marked last year with more than 130 ICOs and pre-ICOs conducted by companies with Russian roots, some 10% of the global numbers, according to data collected by ICObench and EWDN – is going on, with fundraising successes announced every week in a variety of fields. Thus BioCoin, which touts itself …

eSports, video surveillance, “green economy:” The Russian ICO frenzy continues Read More

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