Russian-Austrian startup investor Igor Ryabenkiy is attracting partners to his investment fund, Altair Capital Management, aiming to raise $20 million before the end of this year Two figures from the Russian venture scene, Igor Matsanyuk and Mikhail Vinchel, have already brought in a part of the funding via their own investment vehicles. Other LPs are expected …
Last week Life.SREDA, the venture arm of Russian finance group Life, announced its investment in mobile bank Rocketbank. The amount of the transaction has not been disclosed, but an unnamed source close to the deal told Russian tech blog Firrma.ru that the fund’s stake in Rocketbank does not exceed 10%. Life, which is made up of seven commercial banks across Russia, …
Launched in 2010 in Russia, Imperious Group began investing in Ukrainian startups last year. Regardless of the political tumult, the fund’s interest in this market was maintained this year to such an extent that has it has become one of the most active funds in Ukraine with more than $3 million invested so far. This year, Imperious …
Why Russia’s Imperious Group is investing millions of dollars in Ukrainian startups Read More
Cream Finance, a European company that provides short-term consumer loans, has raised $6.2 million (€5 million, both debt and equity) from Flint Capital, a globalized Russian venture fund launched last year. Founded in 2010, Cream Finance is the parent company of CreditOn, LendOn, and CreditOne, consumer credit services that operate in Latvia, Czech Republic, Poland, Georgia, …
Dashboard Systems, a Russian corporate software publisher, has raised “more than 100 million rubles” (approximately $2 million at the current exchange rate) from Russian IT firm LANIT and fund Buran Venture Capital, Vedomosti reported last week. Dashboard Systems founder Vladimir Bernstein told the business daily that both companies will receive a blocking stake in the company, but did …
Dashboard Systems receives $2 million from Buran Venture Capital and LANIT Read More
Leta Capital, the venture arm of Russian IT security solution provider Leta Group, has invested $1.5 million in Bright Box, a Russian company specialized in developing tech solutions for the auto industry. Bright Box’s solution, chistened Remoto, allows clients to remotely control vehicle functions such as climate control and locks via their mobile phone and to receive …
Auto technology startup Bright Box secures $1.5 million from Leta Capital Read More
AppInTop, a California-based company founded by Russian serial entrepreneur Nikolay Evdokimov, has secured $6 million in a Series A round from Moscow-based Run Capital. The capital injection will be used for marketing and business development. AppInTop develops a mobile marketing platform that helps companies to “eliminate routine in app promotion” and “make life much easier …
Russia’s Run Capital injects $6 millon in Californian mobile marketing startup AppInTop Read More
This month saw the hosting of the Kazan Startup Week, a nine-day event dedicated to the five-year anniversary of the Kazan IT-Park, a business incubator for IT firms located in the innovation-friendly Republic of Tatarstan, around 800 km east of Moscow. The highlight of the event was the DemoDay, which offered participating startups the chance …
In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based fund Imperious Group. Almost immediately after the project launched, JetMe obtained $400,000 in funding from this fund …
Although the relations between the two powers have reached historic lows, US-Russian cooperation in scientific and technological fields is still alive. “The Russian government is not imposing any sanctions whatsoever against the USA in the field of scientific interaction,” Gazeta.ru reported earlier this month, citing Russian ambassador to the USA Sergey Kislyak.
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested $1.7 million in Patients Know Best, a British company which has designed a cloud platform for managing patient details. Patients have an account with the site, which h holds all of their medical records. They can access …
Maxfield Capital invests $1.7 million in UK’s Patients Know Best Read More
The Hamburg-based startup Dreamlines announced yesterday it secured 20 million euros in C Round financing from an international pool of investors led by Target Ventures. Also participating in the round was Altpoint Ventures, a US-based fund launched this past September, as well as previous Dreamlines investors Holtzbrinck Ventures, Hasso Plattner Ventures and Dimaventures. Another earlier …
