American startup Duolingo launched its language learning platform in Russian last week in a bid to reach the over 90 million Russian-speaking Internet users around the globe. These users can now study English free of charge via the US company’s online and mobile platform. “There’s a very high demand for foreign language education in Russia, …
US language learning startup Duolingo enters Russian market Read More
Yandex announced earlier this week an agreement with MultiShip, a Moscow-based startup that aggregates offers from different shipment companies to help online retailers optimize their deliveries across the country. In addition to acquiring a stake in the startup for “several millions,” the NASDAQ-listed Russian search giant has purchased MultiShip’s software platform for $1 million, with …
Yandex invests in MultiShip: A perfect match on the Russian e-commerce service scene Read More
Berlin-based web hosting startup cloudpartner.de has raised €1.5 million from Runa Capital, a Moscow-based venture fund operating internationally. This Series A round – the terms of which have not been disclosed – will help the company provide managed services from infrastructure based entirely in Germany. With the many privacy concerns raised after the extent of the US government’s international espionage operations became known, Cloudpartner.de …
German web hosting startup Cloudpartner.de secures €1.5 million from Runa Capital Read More
In partnership with East-West Digital News, MIPTV, the leading international b2b event dedicated to the TV & online video ecosystems, cordially invites Russian startups to enter MIPCube Lab. Applications for this major startup competition are open until February 15. Finalists will pitch in Cannes, France, on April 7, 2014, in front of industry experts from …
MIPCube Lab contest 2014: A call to Russian startups Read More
Earlier this week Adzuna, an innovative job search engine based in the UK, launched a fully localized Russian version. “Russia is an exciting, dynamic market with a huge number of job seekers and great business potential. We feel job seekers in Russia are currently underserved by the employment tools (particularly data and social search tools) …
IQcard, a Moscow-based startup offering multifunction bank cards, has been selected as a winner in the Boundary Buster category of the Paybefore Awards. This annual competition confers international recognition in the industry of prepaid, mobile and emerging payments. The awards are presented by Paybefore, a major industry publication.
Petnet, a Los Angeles based connected pet device company, has secured $1.125 million in a seed-stage round from Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital. The funding will be used to commercialize Petnet’s first product – The Petnet Smartfeeder – an intelligent pet feeder scheduled to ship to customers in mid-2014. Today’s …
Russian fund helps US startup “spark modernization of the global pet industry” Read More
Yesterday, Moscow-based venture fund Target Ventures announced it has acquired the Afisha-Rambler Group’s 49% stake in TimePad, a startup that offers online tools for event organizers. The amount of the transaction has not been disclosed. The new shareholder may provide the startup with a capital injection in the near future, the fund’s Mikhail Lobanov told …
Target Ventures acquires Afisha-Rambler Group’s stake in TimePad Read More
Displair, an award-winning startup based in Astrakhan, Russia, is preparing itself for bankruptcy, said founder Maxim Kamanin in a voice message to the project’s team that the Russian tech publication Siliconrus.com leaked a few days ago. The company, which not long ago was considered one of the best Russian startups, became well known as the …
Displair on the verge of bankruptcy; seeks “new strategy” Read More
At the inaugural TechCrunch Hardware Battlefield in Las Vegas earlier this month, LiveMap, a Russian start-up, presented a navigation helmet for motorcyclists, called Motohelmet. According LiveMap CEO Andrei Artishchev, the helmet allows the user to see the information on the navigation display without taking one’s eye off the road. The designers of Motohelmet were inspired by …
Next week a group of select innovation experts, venture capitalists and representatives of large corporations will start a three-month-long road show through 26 Russian cities – from St. Petersburg, to Astrakhan on the shores of the Caspian Sea, to Tomsk and Yakutsk in Siberia, to Vladivostok in the Far East – aiming to meet thousands …
Government-sponsored startup tour to bring innovation expertise to 26 Russian cities Read More
Russian entrepreneurs with global ambitions tend to dream of conquering Europe or the USA. However, Denis Nemtsev decided to try something more “outside of the box”. He travelled to Thailand to set up HipFlat, a real estate search startup which has just secured $335,000 from international angel investors. The funding round, which was oversubscribed and …
Russian entrepreneur raises $335,000 to launch real estate search engine in Thailand Read More
