Startups

News aggregator Anews raises $2.7 million for further international expansion

Anews, an international global news-reading service with a built-in behavioral advertising network, has received $2.7 million from TMT Investments, Run Capital, 101 Startup and several individual investors. As reported by Rusbase, TMT Investments and Run Capital each invested $1 million, in exchange for minority stakes in the company. “With its strong team, with a wealth …

News aggregator Anews raises $2.7 million for further international expansion Read More

Runa Capital leads $3 million round in US startup LendingRobot

Earlier this week Seattle-based startup LendingRobot completed a $3 million funding round led by Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco. Club Italia Investimenti II also participated in the round along with individual investors, but the amount of their respective contributions was not disclosed. An automated investment service for online lending, LendingRobot claims to serve more than …

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Siberian high tech company teams up with Singapore’s HaxAsia to launch local “fund-accelerator”

Just one year after Russia saw the launch of its first hardware-oriented accelerator, DI Group, a Tomsk, Siberia-based high tech group, has launched a “venture fund-accelerator” targeting startups in the fields of smartphones, electronics, gadgets and Internet projects. The acceleration program of up to six months encompasses the industrial design and the marketing aspects of each …

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Vaizra invests in Israeli and US startups

Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, has invested in startups Moovit and Boxed. Moovit is an Israeli app which helps users to plan journeys on public transport, and Boxed is a US app for wholesale buyers. Moovit monitors levels of traffic and the schedules of different forms of public transport in …

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3D mobile app startup developer GeoCV closes seed funding round

GeoCV, a startup which is developing a mobile app for creating 3D-models of interiors using mobile sensors, has received $100k investment from Starta Capital and the Moscow Seed Fund. Starta Capital provided a third of the funding, with the rest coming from the Moscow Seed Fund. GeoCV will also receive a further $50k from Starta Capital in the …

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Croice secures $500,000 from Imperious Group to develop “new format of photo stories”

Last week Croice, whose mobile app allows you to create photo stories with a background audio, announced its first round of financing with $500,000 brought in by venture fund Imperious Group. Launched earlier this year by Russian entrepreneur Vadim Zhernov, the St. Petersburg-based startup presents its app as “a new media format.” The photo stories, named …

Croice secures $500,000 from Imperious Group to develop “new format of photo stories” Read More

Virtual shoe-fitter wins 15 million ruble grant from Skolkovo

A tech startup that is looking to make those hellish trips to the shoe store a thing of the past has won a grant of 15 million rubles (approximately $275,000 at the current exchange rate) from Skolkovo Foundation. Fitanny’s virtual shoe fitter compares your foot structure to the type of shoe you’re interested in, and then …

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IIDF teams up with mobile operator Yota to support startups

Russian mobile operator Yota has become a partner of the Internet Initiatives Development Fund (IIDF, or FRII in Russian), the $200 million fund launched last year to support Russian Internet startups. The company will invest in the fund’s startups, and may also look at acquiring some projects. Startups will also benefit from the company’s support through …

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Young entrepreneurs open business incubator in Ufa, industry veteran launches “anti-accelerator” in Moscow

On December 1, Ufa, the capital city of Bashkortostan in the Southern Urals, saw the opening of new business incubator Smart Park, the local media reported. The space was created by the young entrepreneurs of the capital for actively minded people that are promoting new ideas and developing long-term projects. Smart Park includes a co-working …

Young entrepreneurs open business incubator in Ufa, industry veteran launches “anti-accelerator” in Moscow Read More

Wakie, the social alarm clock that lets you wake up strangers, finally arrives on iOS

– “Hey there, I’m just calling to wake you up,” I said a little awkwardly. – “Thanks. Where are you from?” replied a female voice with a thick Irish accent. – “The UK. You’re from Ireland, right?” – “How could you tell?” she said wryly. – “The flag at the top of the screen.” It took 9 months to be …

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Phenomen Ventures takes part in €13.5 million funding round for German home-cleaning marketplace Helpling

Phenomen Ventures, a $300 million international venture fund launched last year by Russian businessman Dmitry Falkovich, has invested in Helpling, the online marketplace for household cleaners backed by Germany’s Rocket Internet. The deal is part of a Series A round of 13.5 million euros ($16.8 million), which has also involved Mangrove Capital, Point Nine Capital …

Phenomen Ventures takes part in €13.5 million funding round for German home-cleaning marketplace Helpling Read More

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