Startups

Snapchat reportedly buys Teleport’s technology, woos its best developers

December 14, 2018

Note: This story has been updated following new elements brought by one of Teleport’s founders Snapchat has hired some of the best developers of Teleport, a startup launched by tech entrepreneurs from Ukraine, Estonia and Russia. The US company is also said to have acquired the processing image technology developed by this company, which claims it …

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New exit for Russian entrepreneurs in California: Adjust buys Acquired.io

December 6, 2018

Earlier this week Adjust, a mobile measurement and fraud prevention company operating globally from its Berlin headquarters, announced the acquisition of Acquired.io. Founded in San Francisco in 2016 by Russian entrepreneurs Andrey Kazakov and Max Gannutin, Acquired.io has developed a SaaS solution that simplifies and automates campaign management for mobile user acquisition, especially via social networks. In 2017, …

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Russian and Belarusian investors back AR technology developer Banuba

December 4, 2018

Larnabel Ventures, a company founded by Russian businessman Said Gutseriev, and VP Capital, a venture fund backed by Belarusian businessman Viktor Prokopenya, have teamed up to invest $7 million in Banuba. Born in Belarus but now registered in Hong Kong and operating internationally, this startup develops innovative AI technologies and AR apps. Users are provided with an experience …

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US startup with Russian roots seeks to develop ‘space delivery’ business

November 26, 2018

Momentus, a US startup founded by Russian entrepreneur Mikhail Kokorich, wants to offer in outer space the same services that DHL and FedEx provide on Earth, but with multi-million dollar ‘packages.’ The company plans to move satellites from one orbit to another one. Momentus is planning to use the funds to launch its Vigoride rocket, …

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Sistema Asia injects additional capital in Indian fitness startup HealthifyMe

November 22, 2018

Just nine months after the completion of a $12 million Series B round, HealthifyMe, a leading e-health and fitness platform in India, has raised an additional $6 million as an extension of that round. As reported by the Indian media, the round has involved Sistema Asia Capital, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, …

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Russian company claims to have created world’s first 4D radar for driverless tech

December 19, 2018

Moscow-based Cognitive Technologies said its new 4D radar for driverless cars surpasses humans in analyzing road conditions. The first prototype can determine the location, shape and speed of objects on the road in any weather conditions, the company announced. “It’s like a ‘third eye’ for the driverless vehicle,” said Olga Uskova, president of Cognitive Technologies, …

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Russian-founded VR gaming startup secures €3 million to develop across Europe

November 21, 2018

Stalker Fund, a VC  firm with Austrian roots, has invested €3 million in Another World, which develops virtual reality location-based entertainment (VR LBE) offers. The deal was closed in August, but was made public only recently. Founded by a Russian team, the startup has its headquarters registered in Cyprus, even though it kept its R&D team in …

Russian-founded VR gaming startup secures €3 million to develop across Europe Read More

Russian startup demonstrates fire detector “10 times more sensitive than standard ones”

November 9, 2018

An innovative fire detector, designed by KB Somov, was demonstrated in late October in Skolkovo, the international tech hub under completion on the outskirts of Moscow. Dubbed ‘Graviton Multisensor,’ the detector is 10 times more sensitive than standard smoke detectors, according to its inventor Maxim Somov. Thus, they are supposed to be effective even in …

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Russian-founded software publisher RealtimeBoard raises $25 million in California

January 9, 2019

RealtimeBoard, a startup with Russian roots which offers a visual collaboration tool for distributed teams, has raised $25 million in California. This Series A funding round was led by Accel, with participation from existing investor AltaIR Capital, a seed stage fund with Russian and Israeli roots. Another investor in RealtimeBoard is Dutch businessman Bas Godska, …

Russian-founded software publisher RealtimeBoard raises $25 million in California Read More

A startup with Russian roots signs EU’s first blockchain property deal

November 8, 2018

A San Francisco-based startup, Propy, founded by Russian immigrant Natalia Karanyaeva, has powered Europe’s first real estate deal on blockchain. Previously, the project secured the first property transaction of $10 as a part of a pilot program in the state of Vermont in the USA. The EU’s first property sale on blockchain took place in …

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Russian startup wins competition to launch scooter docks in Helsinki

November 5, 2018

Starting from next summer, electric scooters and kick-scooters will be available for short-term rental in the Finnish capital. Fifty docking stations will be created by Helsinki’s regional transport authority (HSL) with the rental system provided by Russian startup Samocat Sharing. The initiative comes as a result of IdeaLab, a Helsinki tech contest which was launched …

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Yandex.Taxi asserts market leadership, announces new acquisitions

November 12, 2020

Several news came last month from Yandex.Taxi, the taxi-hailing company which merged activities in Russia and some neighboring countries with Uber earlier this year. The company  bought the software assets of a Moscow-based company, Nowtaxi. The software supports the accounting of operations with affiliated drivers and provides related analytics. Formally, the software assets, not the company, have …

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