Startups

Russian service marketplace YouDo raises $6.2 million to go global

July 16, 2016

Russian service marketplace YouDo.com announced today the completion of a $6.2 million Series C financing round, led by Sistema Venture Capital. Existing investors Flint Capital, United Capital Partners and QIWI shareholder Sergey Solonin also took part in the round. The terms of the deal have not been disclosed. Launch in 2012, YouDo’s platform matches those …

Russian service marketplace YouDo raises $6.2 million to go global Read More

Yandex and Baring Vostok invest $5.5 million in house-call doctor service

July 12, 2016

Russian search giant Yandex and private equity fund Baring Vostok Capital Partners have invested $5.5 million in DOC+, acquiring a minority stake in the company. The deal was revealed last week by Russian business publication RBC, based on exchanges with the startup’s co-founder Victor Belogub, and confirmed by the investors. The deal was led by Baring Vostok. …

Yandex and Baring Vostok invest $5.5 million in house-call doctor service Read More

After partnering with Facebook and Google, Russian startup VisionLabs raises $5.5 million from Sistema’s corporate fund

April 14, 2017

VisionLabs, a Russian startup specializing in facial recognition, data analysis and robotics, announced today that it has secured 350 million rubles ($5.5 million at the current exchange rate) from Sistema Venture Capital. The fund received a 25% stake, valuing the startup at 1.4 billion rubles ($21.5 million). Founded in 2012, VisionLabs has developed a software package, named ‘Luna,’ …

After partnering with Facebook and Google, Russian startup VisionLabs raises $5.5 million from Sistema’s corporate fund Read More

fibrum vr headset

Russian virtual reality platform Fibrum to measure itself against Google’s Daydream

July 2, 2016

Next month Russian startup Fibrum, a developer of virtual reality headsets and applications, will launch a VR platform to bring together gamers, as well as game and VR headset developers from different countries. The platform will be made available in English and Russian. Users will be able to download applications for their VR headsets directly from the Fibrum Platform. They …

Russian virtual reality platform Fibrum to measure itself against Google’s Daydream Read More

Russian startup Blackmoon launches online lending platform in the U.S.

July 5, 2016

A Russian startup is launching in the U.S. this week to target the lucrative online lending market. Blackmoon launched initially in Russia last June, and has since rolled out into Poland, Latvia, Czech Republic, Estonia, Georgia, and Finland. Today, it opens its New York office and will begin the process of integrating with lenders in the …

Russian startup Blackmoon launches online lending platform in the U.S. Read More

Russian smart ring overreaches crowdfunding target on Kickstarter

July 1, 2016

On June 21, Ekaterina Romanovskaya — one of the two founders of Russia’s most popular satirical Twitter account, KermlinRussia — launched a Kickstarter campaign to raise funds for her new project, Nimb. The product is a “smart ring” designed to help users inform family and friends quickly when they find themselves in danger. With almost 1,500 backers, …

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Mitsui chefmarket

Mitsui invests in Russian food delivery startup Chefmarket

June 30, 2016

Earlier this month Moscow-based food delivery startup Chefmarket.ru secured $1.3 million in a funding round led by Mitsui with participation from existing investors, including QIWI co-founder Andrey Romanenko and Russian venture fund AddVenture. The startup aims to reach a $100 million revenue target in 2018. Chefmarket offers home delivery of food products based on recipes from renowned …

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Q&A service TheQuestion raises $500,000, opens offices in Berlin and London

June 28, 2016

Russian Q&A service TheQuestion is opening representative offices in London and Berlin to develop internationally, while keeping its R&D capacities in Moscow, Russian magazine Sekret Firmy reported last week. The move comes just after the company completed a $500,000 round of funding, following an initial round of the same amount. Among the investors are “owners of media …

Q&A service TheQuestion raises $500,000, opens offices in Berlin and London Read More

Hyperloop One attracted Russian state money in its latest funding round

March 2, 2017

A second Russian fund appears to be involved in Hyperloop One‘s latest $80 million round of financing, which was closed in April. Russia’s sovereign fund RDIF has just announced that it took part in the round, without disclosing, however, the amount of its contribution. “RDIF pays great attention to the development of transport infrastructure, including the technological …

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Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors

May 2, 2019

An art filter app launched by a Russian programmer, Alexey Moiseenkov, is leading Apple’s App Store ranking in Russia and several neighboring countries – including Estonia, Kazakhstan, Latvia, Moldova, Ukraine and Uzbekistan – ahead of Whatsapp, VK, Instagram, Viber, Aliexpress and other traditional leaders in the region. In a totally unexpected surge, the app has been number …

Quirky mobile photo app leads App Store ranking in Russia and neighboring countries, raises millions from top investors Read More

Be ready to scream on Facebook, before signing up for Moscow’s car-sharing services

March 2, 2017

Like cities throughout the West with Zipcar service, Moscow is a city with great potential for the car-sharing business: its traffic is some of the worst in the world, and parking in the city’s center — within the “Garden Ring” — is prohibitively expensive. Under these circumstances, many people did not think much before signing contracts with Moscow’s major …

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Israel business intelligence startup raises $2.4 million from Israeli and Russian funds

June 8, 2016

Illustrating the intense ties between the Russian and Israeli tech communities, Janvest Capital Partners, an early-stage investment fund focusing on Israeli startups, has teamed up with two Russian funds, Altair Capital and Leta Capital, to inject $2.4 million in Israeli startup Unomy. The terms of the transaction have not been disclosed. Created in 2012, Unomy has …

Israel business intelligence startup raises $2.4 million from Israeli and Russian funds Read More

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