Startups

Runa Capital invests in French startup SimpliField to “reinvent retail”

June 12, 2017

Runa Capital, a venture fund with Russian roots operating globally, has just participated in a $4 million seed round for  SimpliField. Based in Lille and Paris, France, this startup has developed a SaaS solution which it claims can change “the way retailers sell and deliver great customer experience.” The French investment fund CapHorn also took …

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These 10 Russian startups are presenting their projects at Futur en Seine in Paris

June 8, 2017

Ten resident companies of Skolkovo, the international tech hub under completion on the outskirts of Moscow, are showcasing their technologies today and tomorrow at Futur en Seine in Paris. This huge event – which features a variety of digital-related technologies and topics – is taking place from 8 to 10 June at the Grande Halle …

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How to become a 3D avatar in virtual reality

May 28, 2017

Humans are one step closer towards teleporting into a crazy world of gaming and virtual reality. In a matter of seconds, you can now turn your face and body into a photorealistic 3D avatar with Face.DJ, a new technology developed by the Russian company, VisionLabs. The app was presented at TechCrunch Disrupt 2017 in New York City and is now available globally in the App Store. …

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Setting up a company in the US in the age of Trump: The new challenges of East European startups

May 29, 2017

The Trump presidency is bringing significant changes to America, and East European startups are not immune. In fact, they’re feeling the brunt of the new turbulent landscape. But this is not a reason to be intimidated and to shelve plans to come to the U.S. As the rules of the game change, foreign startups simply …

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Russian billionnaire invests in face recognition technology

May 11, 2017

Russian startup NtechLab, which creates “algorithms as intelligent as humans and as efficient as machines,” has raised $1.5 million, reports Russian business daily Vedomosti, citing exchanges with the company’s founders and the involved investors. Led by Impulse VC, a venture fund which is reportedly affiliated to Russian billionaire Roman Abramovich, the fund has also involved …

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These 10 Russian startups will be pitching at TechCrunch Disrupt next week

May 24, 2017

Skolkovo, the international tech hub under completion on the outskirts of Moscow, will bring ten of its startups to demonstrate their projects at TechCrunch Disrupt in New York on 15-17 May. The companies will be featured at the Startup & Hardware Alley on the second day of the conference, May 16. The Skolkovo startups will …

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In northern Russia, innovators look to the forests and the sea

May 5, 2017

When pinpointing a region’s innovative potential, it may not seem entirely logical to look to a seaweed-processing plant preparing to celebrate its centenary. But Russia’s northern Arkhangelsk region is putting its hopes for its economic future firmly in its biological resources. The natural conditions of Russia’s Far North dictate the conditions for developing the regional …

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French Blacknut plans to expand to Russia

April 25, 2017

The French video game startup Blacknut intends to expand to Russia by the end of this year, as reported last week by Les Echos based on exchanges with Blacknut’s CEO Olivier Avaro. Blacknut offers instant access to games with no installation or dedicated hardware required. Games can be played virtually anywhere, at home or outside. The company …

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3D modelling app maker GeoCV secures $1.8 million from Runa Capital and Emery Capital

April 19, 2017

GeoCV, a New York-headquartered startup with Russian roots, has secured $1.8 million from Runa Capital, a venture fund with Russian roots operating globally, its existing investor Moscow-based fund Emery Capital, and several US business angels. The funds will be used to develop the product and develop sales in the US market. “Our goal is to become …

3D modelling app maker GeoCV secures $1.8 million from Runa Capital and Emery Capital Read More

Startup investment in Central and Eastern Europe: A ground-breaking research

October 12, 2017

Already recognized for their engineering excellence, several countries of Central and Eastern Europe (CEE) are now emerging on the global startup scene. Thus for the past couple of years Belarus, Estonia, Russia, Ukraine and some other countries of the region have seen their local companies assert themselves on the international market, raise considerable funding and/or be acquired …

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Russian messenger CRM startup secures support from public-private fund for international expansion

April 7, 2017

Softline Seed Fund, a joint investment vehicle formed by the state fund of funds RVC and software publisher Softline, has invested an undisclosed amount in WhatsHelp. Founded in 2016, this Russian startup is developing sales and CRM solutions for mobile messengers and social networks, now available in Beta version. “We have an ambitious plan to …

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Leta Capital injects $1 million in SDN/NFV solution provider Brain4Net

April 3, 2017

Leta Capital has injected an aditionnal $1 million in Brain4Net, a provider of advanced SDN/NFV solutions, following a previous $1.75 million round last year with co-investor CommIT Capital. The funding, which took the form of a convertible loan, will be used to fine-tune the company’s solutions, develop new products, and enlarge partnerships in Russia and abroad, reports …

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