International

Russian and Ukrainian entrepreneurs among top users of Estonian e-Residency program

February 7, 2018

In 2014, Estonia launched a unique program to help non-EU entrepreneurs gain access to global markets. Based on the most recent data, Russians and Ukrainians are among the major users of it. Alexey Voronkov, currently the country manager for Ukraine, shared some statistics about the program as of January 30, 2018: The current total number …

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Belarusian Wargaming and Russian VRTech invest $16 million in VR gaming company

February 6, 2018

Wargaming, the famous Belarusian game publisher, has teamed up with VRTech to make the popular tank battles of the World of Tanks available in virtual reality (VR) format. To this end, the two companies intend to inject $16 million in a dedicated joint venture named Neurogaming, as reported in late January by the Russian business …

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Russian robot to help recruit 25,000 people in Dubai

February 2, 2018

Earlier this week Russian startup Stafory announced a partnership with Alroid Group to commercialize Vera, its AI-powered recruiting robot, in the United Arab Emirates (UAE). Vera goes along the recruitment chain, from search and selection of potential employees across the largest recruitment sites, to calls and invitation of suitable applicants, to a video or face-to-face interview. “Hello! …

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WSJ: “Nasdaq-listed Yandex is Russia’s Uber and Google combined”

February 1, 2018

“Stock investors can’t invest in Uber, but they can invest in Nasdaq-listed Yandex, owner of Russia’s top ride-hailing platform,” writes WSJ reporter Stephen Wilmot, referring to the Yandex.Taxi platform. The Russian search engine recently agreed with Uber to merge their respective taxi-hailing and food delivery services in Russia and neighboring countries – a move that has provided …

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Runa Capital considers launching new $135 million fund

May 8, 2020

Runa Capital, a venture investment firm operating globally from its offices in Moscow, London and Palo Alto, considers launching a third fund, potentially raising some $135 million. The new fund would operate during four years, Runa Capital Managing Partner Dmitry Chikhachev told us. Launched in 2011, Runa Capital’s first fund targeted essentially Russian startups; but …

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2 acquisitions and 1 ICO: the Russian eSports market is heating up 

February 2, 2018

The beginning of this year saw major moves on the Russian eSports scene, a sizable European market with established players operating globally. Thus, last week Mail.Ru Group — an LSE-listed Internet company which controls the largest Russian-language social networks and a range of online gaming companies — announced the full acquisition of ESforce. This company, …

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Yandex.Taxi and Uber.EATS launch dedicated food delivery subsidiary

January 23, 2018

Yandex.Taxi — the taxi service of Yandex which is in the process of merging its activities with Uber in Russia and neighboring countries — intends to group the food deliver services under its control in a dedicated subsidiary, ‘Yandex.Eda.’ The new company will be part of the holding structure which will be formed as the result of …

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Russian money and expertise for new blockchain funds

January 18, 2018

In late December Waves, a global public blockchain platform with Russian roots, announced the creation of Basics, a fund which aims to invest essentially in blockchain infrastructure. Defining itself as “a new blockchain venture product,” Basics aims to “combine the best of venture funds and hedge funds.” With an  initial portfolio of existing traded crypto …

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Skolkovo startups out in force at CES in Las Vegas

January 18, 2018

Several resident startups of Skolkovo, the international tech hub under completion on the outskirts of Moscow, took their products and technologies to Las Vegas last week for CES, one of the world’s biggest consumer technologies exhibitions and conferences, which ran from January 9 to 12. Promobot robots take a break with their creators after a busy …

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Estonian G-Global Business Portal gathers top experts from around the world to digitize companies

January 15, 2018

Tallinn, Estonia, Jan. 11, 2018 – A new blockchain project is emerging from Estonia, one of the most technologically advanced countries in Europe: the consulting marketplace G-Global Business Portal. Developing the vision of Denis Tsyro, a prominent entrepreneur in social education and development who founded the platform, G-Global Business Portal gathers international and local experts …

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