Startups

3D-scanner, e-marketing personalization technology and “Uber for private jets” honored at Seedstars Moscow

Twenty of the best startups in Russia were invited yesterday to pitch at the Moscow edition of Seedstars World, a global seed-stage startup competition for emerging markets. Texel was named Russia’s best startup. This Moscow-based company presents its 3D-scanner technology as “a breakthrough in the fields of 3D digitization,  automatic eta processing and generation of 3D models …

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US-Russia Innovation Corridor takes Russian medtech startups to Philadelphia

Although the relations between the two powers have reached historic lows, US-Russian cooperation in scientific and technological fields is still partly alive. Thus the US-Russia Innovation Corridor (USRIC) — a cooperation framework created by Nizhny Novgorod and Maryland universities in early 2013 — announced yesterday the participants in its Fall 2015 MedTech program. These five Russian startups …

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20 Russian startups to compete in global seed-stage contest in Moscow

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is returning to Russia on October 1st, 2015. Continuing on its goal to put the spotlight on entrepreneurs from emerging countries, Seedstars World expanded its competition to more than 50 countries for 2015 up from the 36 countries of the 2014 …

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Telegram now seeing 12 billion daily messages, up from 1 billion in February

Pro-privacy secure messaging app Telegram is seeing some impressive usage growth this year. Here at TechCrunch Disrupt SF founder Pavel Durov revealed on stage the platform is now seeing 12 billion messages sent daily — up from two billion back in May, and 1 billion in February. Its monthly active users figure remains around 60 million, as it was in May, so the …

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Russia’s venture summer in review: More than 25 deals reported, new fund of up to $300 million launched in Moscow

Venture funds with Russian capital or Russian origins were far from being inactive this summer, which saw more than two dozens of significant deals made public and several new funds and accelerators launched. The invest-abroad trend, which started a few years ago, has been accelerating recently, as witnessed by the number of deals which involved US, Israeli, Asian and Australian …

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Novikov Group teams up with Skolkovo business school to support restaurant startups

Novikov Group, a leading player in the Moscow restaurant scene, and Moscow School of Management Skolkovo, are teaming up to support start-ups in restaurant business, Russian tech blog Firrma.ru reported. At the end of their 11-week training program, students will present their projects to Novikov Group founder Arkadiy Novikov. The best projects will be developed in partnership …

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Skolkovo opens branch in Russia’s Far East

As announced earlier this year, Skolkovo, the international tech hub under completion on the outskirts of Moscow, has opened a new branch in the Far East and selected its first batch of local startups. Skolkovo’s experts have granted the status of resident companies to seven early-stage companies, the Skolkovo Foundation reported, claiming to have received in …

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Russian startups are coming to the US

In a modest two-story house on Turk Street in San Francisco, a bunch of Russians, all in their 20s, live and work together to build an app they hope will change the way you choose a restaurant for dinner and, ultimately, the way customer service works. The spacious living room of the house serves as …

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Grishin Robotics invests in US 3D sensing hardware and software maker 

3D sensor developer Occipital Inc. announced last week that it raised $13 million in Series B funding. Grishin Robotics, a fund launched in 2012 by Mail.ru group CEO Dmitry Grishin, participated in the round along with Intel Capital, Shea Ventures and existing investor Foundry Group. In 2013, following a Kickstarter campaign, Occipital launched “the Structure Sensor,” a 3D sensor that scans objects …

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CarPrice.ru raises $40 million to develop online used car brokerage in Russia and beyond

Yesterday CarPrice.ru, a major Russian online broker of used car, announced that it raised $40 million in a Series B funding round – a considerable amount in the context of contraction of the Russian venture market. The round was led by Baring Vostok Private Equity Fund V with the participation of Almaz Capital and other unnamed investors. …

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iTech Capital injects $3 million in US platform to disrupt trading industry

iTech Capital, a fund with Russian origins now operating globally, has just invested $3 million in exchange for a minority stake in TradingView, a social fintech platform that unites traders and investors from around the world. Also participating in this Series A round, which totalled $3.6 million, were Chicago startup accelerator TechStars and prominent US business angels who took part in the seed …

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