RTP Global, an international venture fund with Russian roots (previously known as Ru-Net), is investing once again in India. This time, it has taken part in the pre-Series A round of Agara Labs, a Bengaluru-based startup. This young Indian company uses deep learning in speech and text to automate customer support. It has raised $2.5 …
Chinese electronics manufacturer Huawei has acquired the face recognition technology of Russian startup Vocord, with patents and equipment and hiring most of the related team, as reported by business daily Vedomosti. According to the official company register, the deal took place on May 17 when Huawei subsidiaries fully acquired Moscow-based Eagle Softlab. Earlier this year, Eagle Softlab, …
Huawei acquires Russian face recognition technology Read More
In its seventh edition on May 29-30, Startup Village – the largest tech entrepreneurship event in Russia and neighboring countries – was held at the Skolkovo Innovation Center. More than 10,000 people from 85 countries of the world, including over a thousand from the local and international investment community, attended the event. The business program included …
Startup Village 2019: “Every investor has found its startup” Read More
Earlier this month Moscow-based startup BestDoctor, which offers high-tech insurance products for individuals and businesses, attracted $3 million in a Series A round of funding. The round was lead by three international venture firms with Russian roots: Target Global, Ascent and AddVenture. (The two latter already invested in BestDoctor in previous rounds.) A group of business angels also participated …
Russian medical insurance startup attracts $3 million for international expansion Read More
Moscow-based online recruiting service Worki, “is now part of Mail.Ru Group,” the company reported in its blog, without specifying the size and price of the stake acquired by the group. “After the deal is settled, Worki will work in synergy with other projects of Mail.ru Group, including its classifieds website Youla, thus increasing the group’s presence on the …
Mail.Ru Group acquires online recruiting service Worki Read More
As part of the Startup Village event on May 29-30, ‘Startup Bazaar’ will showcase cutting-edge Russian-made products, from prototypes to ready-for-market solutions. A variety of industries are concerned, from IT design, to biomedicine, to energy-saving, to industrial technologies and much more. The Startup Bazaar exhibitors include: Group-IB (Skolkovo resident), a Secure Bank/Secure Portal system that works proactively …
‘Startup Bazaar’ to feature 200 emerging technologies from Russia (Skolkovo, May 29-30) Read More
Are you a Finnish or Russian startup, and ready to visit Finland in the first week of August? Startup Connect Contest is for you! Applications have opened till June 10. Organised by Cursor Oy and GoTech Innovation, Startup Connect Contest was built with a singular mission in mind: to support startups, student entrepreneurship, as well …
Startup Connect Contest: A call to Russian and Finnish tech startups (apply until June 10) Read More
Prisma Labs, the Russian company which made the news in 2016 with an art filter app based inspired by neural networks, has just secured $6 million. The round was led by Haxus, the fund of Belarusian investor Yuri Gursky, which already invested in the company at the seed stage in 2016 – along with Mail.Ru …
Prisma Labs raises $6 million from Belarusian investor to develop new products Read More
Lev Leviev, a prominent Russian-Israeli tech investor, has led a $19 million for London-based eSports club Fnatic via his fund LVL1 Group. Investors Beringea, BlackPine, Unbound, Raptor Group and Joi Ito also took part in the round. The fresh funding will help Fnatic “continue its global expansion into Asia and North America, strengthen its involvement …
Russian-Israeli investor Lev Leviev invests in eSports giant Fnatic Read More
Wheely, a Russian-founded luxury ride-hailing service, hase raised $15 million from a pool of investors that includes UK investment partnership Concentric and three Russian tech businessmen – Oleg Cheltsov, Dmitry Eremeev and Mikhail Sokolov. Wheely allows customers to book chauffeur-driven journeys both on-demand and pre-booked through an app. Its service is available in six Russian …
Russian-founded ride-hailing service raises $15 million, moves headquarters to London Read More
Severgroup, a group of companies controlled by steel magnate Alexey Mordashov, has acquired GetLean, a Moscow-based startup providing courses for healthier food and lifestyle. The terms of the deal have not been disclosed. Founded by Yulia Gurbanova in 2016, the young company has a team of 10 people, including three full-time employees. Its “science-based” 12-week …
On April 11 Skolkovo, the international tech hub on the outskirts of Moscow, hosted the second edition of Corporate Innovations, an international conference focused on best practices in tech development and market launch strategies. The event was attended by more than 500 individuals and 150 companies, with more than 70 speakers delivering keynotes. According to …
