How will blockchain and cryptocurrency impact the advertising industry? Rather than waiting several years to learn the answer, some entrepreneurs have already begun writing the next chapter in the history of advertising – an industry they hope will continue to be as receptive to technological innovation as it has been in the past. Among these …
As ICO activity shows no sign of slow down in the region, Play2live has announced the completion of a token sale which it claims generated the equivalent of $30 million in less than two months. Launched last year, this startup with roots in Belarus and Russia offers an original approach to eSports in terms of …
Driven by industry boom, eSports startup Play2live raises $30 million in ICO Read More
AddVenture and Target Global Fintech Opportunities have injected 60 million rubles (roughly $1 million) to support Pravoved.ru, a legal consulting platform, the Russian media reported last week. The Pravoved legal consultants serve 7 million users per month — a record in Russia and even Europe, claims the company. The data accumulated over the years by this remote legal …
Russian robot-lawyer secures $1 million from two major funds Read More
A startup named Arcona is developing a “universal augmented-reality infrastructure,” aiming nothing short of building “a blockchain ecosystem” and “an AR layer to merge together real and virtual worlds.” Arcona says its project makes use of the latest scientific achievements in the fields of computer vision, prototyping and neurobiology. It is building upon the technologies developed …
On Wednesday YouScan, a social media software startup with Ukrainian and Russian roots, announced the acquisition of BrandSpotter, a leading social media monitoring service in Russian-speaking countries. The parties did not specify the amount of the deal, but announced that the BrandSpotter technology and trademark have been transfered to YouScan. YouScan helps businesses monitor, analyze and compare …
Ukrainian-Russian startup YouScan acquires BrandSpotter Read More
Earlier this month Russian startup Try.fit attracted €600,000 in a pre-A round at a €8 million pre-money valuation. The deal was confirmed to East-West Digital News by Vagan Martirosyan, Try.fit’s CEO and founder. Paricipants in the deal included existing investors Futurtech Middle East, 1С – a leading enterprise software publisher in Russia, – business angel …
Russian 3D foot scanner secures €600,000 from local and international investors Read More
Born in Soviet Kazakhstan, Oskar Hartmann emigrated to Germany as he was still a child. In 2008, at the age of 27, he moved to Russia with the aim to launch his first business. He founded KupiVIP, Russia’s first flash-sales fashion site. Supported by international investors, and taking advantage of the opportunities of the Russian …
Oskar Hartmann: “Everything is the same in Russia, but just comes a little bit later” Read More
Earlier this week Mail.Ru Group, an LSE-listed leading Russian Internet company, announced that its ad platform myTarget began accepting Bitcoin (BTC) and Bitcoin cash (BCH) as payment means for running ads on the group’s properties. These properties include Russia’s top social networks Vkontakte (VK) and Onoklassniki (OK) as well as two dozens of online resources …
Catfishing — the practice of fabricating online identities to lure people into deceptive romantic relationships — has been inherent to online dating and social networking since these even appeared. These romantic scams are not only the cause of numerous sentimental disappointments, they have also led many users to dreadful experiences. The issue is so widespread that it was depicted …
Russian startup launches scam-free dating service using facial recognition Read More
How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in lesser known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many …
The Russian ICO frenzy – which marked last year with more than 130 ICOs and pre-ICOs conducted by companies with Russian roots, some 10% of the global numbers, according to data collected by ICObench and EWDN – is going on, with fundraising successes announced every week in a variety of fields. Thus BioCoin, which touts itself …
eSports, video surveillance, “green economy:” The Russian ICO frenzy continues Read More
Earlier this month HealthifyMe, which presents itself as India’s leading e-health and fitness platform, announced the completion of a $12 million series B round of funding led by Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema. The round also involved Silicon Valley-based Samsung NEXT, Singapore’s Atlas Asset Management and …
Russia’s Sistema Asia Fund invests in Indian startup offering “world’s first AI coach” Read More
