Startups

Hot Russian mobile advertising market attracts domestic and international investors

Russia’s vibrant mobile advertising scene has seen two major moves in the last few weeks with the launch of ad network AdCamp by Pult Group and IMHO Vi and the announcement of a $3 million investment in mobile RTB platform AdMoment by two venture funds. “As digital devices tend to converge, mobile increasingly dominates our …

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AddVenture injects $1.5 million into Medbooking.ru

Russian fund Addventure announced last week a Series A investment of $1.5 million in в Medbooking.com, an online service for setting appointments with Moscow medical organizations. Medbooking is intended to become an umbrella brand for appointments with all categories of physicians, dentists and cosmetologists. It will work in synergy with Timetovisit.ru, a service launched a …

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Mobile app generator, 3D printer and holographic navigator honored at Russia’s largest startup contest

Last week a panel of Russian and international experts announced the winners of BIT, Russia’s largest competition of technology teams and business plans. Following a series of investment pitches, Appercode of Novosibirsk was named Russia’s Best Startup. The Siberian team has created a flexible platform for the rapid and inexpensive development of mobile apps simultaneously …

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Runa Capital invests in IT security startup Wallarm

Runa Capital, a $135 million venture fund with offices in Moscow and California, has just announced an investment in Wallarm, a startup with Russian origins that develops solutions to protect online businesses from application-level attacks by hackers. The exact amount of the capital injection has not been disclosed. Runa’s PR Director Liliana Pertenava only said to …

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Russian developer aims to put an end to “mobile slavery” with next-gen SIM card

Intersoft-Eurasia, a Russian developer of hardware and software solutions for mobile devices, has unveiled its plans to market a next-gen SIM card. Fully compatible with the standard SIM card slot, the new solution is designed to support numerous phone numbers from different mobile operators. The ultimate goal is to put an end to what the …

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Online consumer goods testing platform raises $1 million from Moscow business angels

Product Test, a project aimed at testing and giving expert evaluations of consumer products, has announced that it received approximately $1 million from Moscow serial angel investor Igor Ryabenkiy and four other business angels. Conceived as a platform to test consumer goods including electronics and household goods, Product Test buys the products it assesses rather …

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Online shopping recommendation startup Retail Rocket secures $450,000 from ImpulseVC

ImpulseVC, web and media venture fund and incubation structure launched last week in Moscow, has injected $450,000 into Retail Rocket. The news was reported by Russian tech blog Firrma, based on an exchange with the startup’s founder Nikolai Khlebinsky. Retail Rocket has developed a technology that forms personalized cross- and up-selling recommendations based on user …

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U.S.-Russia Innovation Corridor hosts biotech & IT startups

Washington, D.C., October 28, 2013 — Furthering a commitment to bilateral innovation, a delegation of five biomedical and information technology companies from the University of Nizhny Novgorod visited the University of Maryland on October 16-25 under the auspices of the U.S.-Russia Innovation Corridor. The companies participated in the first region-to-region visit of Russian startups under …

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Russian startup creates navigator for the blind, plans international rollout

Russian startup Oriense has created a “navigator” for the visually impaired and the blind, helping them feel confident both inside and outside with the help of an audio guide. This tool will be able to replace ultrasonic canes and other localizers. “We secure a special device on one’s chest that can see the surroundings and use a …

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Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world

As in the previous years, the 2013 IDCEE conference attracted to Kiev, Ukraine earlier this month an impressive number of investors, startup entrepreneurs and IT professionals from over 45 countries (see videos). The core topics of this year’s conference were online education, e-commerce, and entrepreneurship in Brazil. The event – which took place in a huge …

Online education, e-commerce and entrepreneurship discussed in Kiev by investors and startups from all over the world Read More

Automated navigation robot developer raises $500,000, launches warehouse equipment pilot system

Earlier this month, RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, raised $500,000 from LETA Capital, the venture branch of Russian IT security group LETA. RoboCV employs 15 people and is developing “a universal autonomous navigation robotic unit,” which it describes as “a compact device with a built-in associated navigation system …

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