The Russian p2p ticket marketplace Eticket4 has agreed a $1 million investment deal with a group of individual investors, including David Izraelov and other unnamed business angels. The capital injection will be made in several stages based on a $2.8 million company valuation, reports VC.RU. Earlier this year, in July, the startup sold 13% of its stock …
Russian ticket marketplace Eticket4 raises $1 million Read More
Last week the French-founded customer feedback startup Critizr announced the completion of a €15 million Series B round led by 83North Venture Capital, a global VC giant. Runa Capital, an international VC with Russian roots – which already backed the startup in 2015 – contributed an undisclosed amount to the round. Founded in France in …
Runa Capital takes part in €15 million Series B round in France Read More
US computer vision startup Occipital is launching an R&D office in Moscow, having absorbed the team of GeoCV, a startup with Russian roots. “By joining the teams we will enable new computer vision applications, which bring value to consumers and businesses,” said Gleb Krivovyaz, GeoCV co-founder and CTO. “Teaching devices to see and understand the world in …
US startup Occipital absorbs GeoCV team to launch R&D activities in Moscow Read More
Sistema_VC, the venture capital arm of Russian multi-industry investment conglomerate AFK Sistema, will invest $10 million in UK startup SenSat, Vedomosti daily reported last week. Founded in 2015, this geospatial technology startup “turns complex visual and spatial data into a real-time simulated reality that helps computers solve real world problems.” This AI-powered technology “allows companies operating in …
Geosplit, a Russian oilfield solution and service provider, has secured $5 million from domestic investors Rusnano Sistema SICAR and UCP. This Series B round will allow the company to expand to no less than 20 foreign markets. Just a month ago Geosplit announced it established a research laboratory in China, “gaining access to all the …
Russian oilfield tech startup secures $5 million from domestic investors Read More
Legionfarm, a Russian-founded platform for training and hiring professional gamers, has secured $1.5 million, the Kommersant business daily reported yesterday. The bulk of this amount, $1.4 million, was contributed by TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, while the remaining $100,000 came from Denis Smetnev, a co-founder of Russian edtech startup SkyEng …
Legionfarm raises $1.5 million to develop coaching and hiring services for online games Read More
Mail.ru Group, an LSE-listed Russian Internet major, has just announced the acquisition of a controlling stake with a capital injection in the transportation service company YouDrive. Proxima Capital Group, a Moscow-based investment firm, took part in the deal as a “partner,” stated Mail.ru Group; but neither the nature of this partnership nor the amount of the deal …
Mail.ru Group acquires controlling stake in car-sharing company with leadership ambitions Read More
Earlier this month Dostavista, an international crowdsourced delivery service with Russian roots, announced the completion of a $15 million Series B funding round. The deal was led by Vostok New Ventures, a Swedish investment firm which is actively involved in the Russian VC market, with participation from existing investors Flashpoint and AddVenture. Founded in 2012, Dostavista already raised …
Delimobil, a leading car-sharing company in Russia, is seeking to raise at least $60 million, according to Russian business daily Kommersant. The company, of which 77% is owned by Luxembourg-based holding Mikro Kapital Group, has hired Rothschild & Co to help them secure the deal. According to Kommersant’s unnamed sources, Delimobil intends to claim a $300 …
Car-sharing company Delimobil seeks massive capital injection before potential IPO Read More
In late July Skolkovo Digital, a tech investment fund managed by Skolkovo Ventures and iTech Capital, led a $6.2 million Series B round in Maximum Education. The company’s existing investors, Russia Partners and Capman, also participated in the funding deal. They had injected $4 million in Maximum Education in an earlier round, back in 2016. A resident of …
Maximum Education secures $6.2 million from major Russian funds Read More
Sistema_VC, one of the venture investment vehicles of Russian conglomerate Sistema, announces it has led a £3.4 million round for UK agrotech startup KisanHub. Two UK-based funds, Notion and IQ Capital also participated in the round. KisanHub helps global food and beverage companies “manage their supply chains efficiently by connecting directly with their farmers to collect information and …
Russian corporate fund Sistema_VC backs UK agritech startup Read More
FaceApp, a mobile application that can realistically transform the photo of a person’s face using artificial intelligence, has come under harsh attacks in international media under claims that users’ personal data could be misused. Launched in St Petersburg in 2017 by Wireless Lab (which is now a resident of Russia’s largest tech park Skolkovo), FaceApp has …
Russian AR app FaceApp sparks international controversy over privacy concerns Read More
