Seedstars Summit, the annual entrepreneurship forum for emerging markets, will hold its 2017 edition on April 6 at the SwissTech Center in Lausanne, Switzerland. The event will bring together startups, investors, government officials, corporate innovators and CEOs from Africa, Asia, Latin America, Central and Eastern Europe and the MENA region. Sixty-three startups — pre-selected out of …
LoopMe, a digital advertising firm that uses artificial intelligence (AI) to optimize mobile video advertising, has raised $10 million in a funding round led by Impulse VC and Harbert European Growth Capital. Holzbrinck Ventures and Open Ocean Capital laso participated in the round, reports VentureBeat. Founded out of London in 2012, LoopMe unifies all the popular …
Abramovich fund invests in UK video advertising startup Read More
Wayray, a startup with Russian origins which has developed “the first holographic car navigation system,” has attracted $18 million in a Series B round led by Alibaba and other undisclosed investors. Headquartered in Lausanne, Switzerland, WayRay builds heads-up displays for drivers, as well as fully augmented reality and virtual reality immersive systems intended for eventual …
Alibaba leads $18 million round for AR/VR car navigation startup WayRay Read More
Last week Threema, which claims to be “the world’s favorite secure messenger,” became the first-ever foreign messaging app to be added to the official Russian “Registry of Information-Dissemination Organizers.” The news has been reported by Roskomsvoboda, a Russian NGO that aims to combat Internet censorship in Russia. Since 2014, the Russian authorities have managed a list of online services that “organize the dissemination of …
Tesla is reportedly in active process of seeking real estate in Moscow and St. Petersburg for upcoming showrooms and Tesla service centers geared towards the Russian market. Likely sites include the “Vremena Goda” business center in Moscow and the “Atrium” in the city center. News of Tesla’s expansion into Russia comes after the head of Moscow Tesla Club Aleksey Eremchuk revealed to local media …
Yesterday, as reported by The New York Times, the Justice Department on Wednesday charged two Russian intelligence officers with directing a sweeping criminal conspiracy that broke into 500 million Yahoo accounts in 2014. The Russian government then used the information it obtained from the intelligence officers and two others named in the indictment — a Russian hacker …
Flock, an Indian startup whose corporate messenger is widely used across the world, will soon enter the Russian market. The news has been reported by Russian industry publication Firrma.ru, which cites exchanges with company representatives. Flock is a real-time messaging and collaboration app for teams that “speeds up and simplifies communication and boosts productivity.” The startup claims …
Corporate messenger Flock to enter the Russian market Read More
The Russian authorities are considering a new initiative to force foreign companies to carry out decisions made by Russian courts and state institutions. Non-compliance would be punished with slower Internet access to their sites — in the same way that some mobile phone plans slow Internet access after users exceed a predetermined limit. The law …
Russia considers slowing Internet speed for foreign sites breaking Russian law Read More
Three media investors — Astremedia (Spain), German Media Pool VC and RTL Germany — have inked a media-for-equity deal worth $35 million with Job Today, reports TechCrunch. Launched in 2015 by two Russian entrepreneurs, Eugene Mizin and Polina Montano, Job Today has developed a job finder app which currently operates in four cities of Spain and the UK. The startup, which claims to …
“Though tough to prove, it is a widely held suspicion that there is a connection between cyberthieves and Russian intelligence,” The New York Times wrote yesterday in a long-read about Evgeniy Bogachev, “the most wanted cybercriminal in the world.” The activities of Bogachev, who had taken control over a million computers in multiple countries, may have …
Lithuania’s recently launched Startup Visa program is an opportunity for startups from neighboring countries, including Russia, to open the door to the European Union and broader Western markets. Held in Vilnius on May 24-26, the LOGIN Startup Fair, a major startup event in the Baltics, will be focused on this visa program and expansion opportunitues to or from …
LOGIN Startup Fair: The door to Europe for Russian startups (Vilnius, May 24-26) Read More
EBay Inc. is exporting a method to boost cross-border sales it pioneered in Russia to 120 territories, as the online marketplace seeks to recapture growth in the face of competition from Amazon and Alibaba. In many places, EBay still means domestic classifieds; Americans mostly sell to Americans, Britons mostly to U.K. customers. But a few …
eBay exports its Russian growth tactics to catch Amazon, Alibaba Read More
