Startups

Online car credit solutions startup secures $400,000 VC investment

February 18, 2013

Car-Fin, a Russian startup developing innovative solutions for online car brokers, announced last week that it secured $400,000 in funding from investment fund Prostor Capital and the Moscow Seed Fund, the venture investment vehicle of the Moscow city authorities. The startup is a graduate of GTI Labs, the business accelerator launched last year by investment consulting …

Online car credit solutions startup secures $400,000 VC investment Read More

New real estate listing site maps properties in 38 Russian cities

February 18, 2013

Two western real estate professionals, Stephen Inscoe and Carlo Walther, told East-West Digital News that they have launched an innovative real estate listing site christened ‘Idinaidi.ru’ (“Go and find” in Russian). They have received financial support from international investment firms Sorren Media and Camco Private Equity Group. After running in beta testing since mid-December, the …

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Berlin microfinance software startup Mambu raises $2 million from Germany’s Point Nine and Russia’s Runa Capital

February 18, 2013

Berlin-based Point Nine and Russia’s Runa Capital are teaming up to invest $2m in Mambu, a Berlin-based SaaS startup one of its supporters says could “radically change the entire face of the microfinance industry.” Kizoo, a previous investor in the microfinance technology services provider, also contributed to the funding round. The startup provides a SaaS solution to …

Berlin microfinance software startup Mambu raises $2 million from Germany’s Point Nine and Russia’s Runa Capital Read More

Prostor Capital seeks new investor for online video solution provider Dulton Media

February 15, 2013

Prostor Capital is considering selling its majority stake in Dulton Media or “associating it with a strategic partner” to further develop it, the fund’s Managing Director Alexey Solovyov said in an exchange with East-West Digital News. A Moscow-based startup specializing in online video solutions, Dulton is developing such projects as YaTV, a video broadcasting and …

Prostor Capital seeks new investor for online video solution provider Dulton Media Read More

Russian-American startup ‘News360’ honored at Abu Dhabi’s World Summit Award

February 13, 2013

News360, a Russian startup operating from Moscow and Silicon Valley, was honored last week in the mobile content portion of the World Summit Award (WSA). The startup was recognized as having the best M-media and news project among the entrants. News360 offers a set of mobile apps which filter and stream news content based on users’ interests and …

Russian-American startup ‘News360’ honored at Abu Dhabi’s World Summit Award Read More

Cargo freight solutions startup raises $1 million from Runa Capital

February 12, 2013

Gruzobzor.ru, a provider of online solutions for cargo freight, has secured $1 million from Runa Capital, a Moscow-based international venture fund. The terms of the deal have not been disclosed, but Runa indicated it got a minority stake, Rusbase.com reported earlier this week. Gruzobzor’s solutions enable shippers and freight forwarders to share electronic documents and …

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Rocket Internet’s Foodpanda launches in Russia and 11 other new countries

February 12, 2013

Rocket Internet’s online food delivery platform Foodpanda is expanding to twelve new countries, bringing the total markets the company is in to 23. New managing director Ralf Wenzel is heading the global roll-out. The platform is moving fast on its global roll-out. Over the past few weeks, it launched in Brazil, Chile, Ghana, Hungary, Ivory Coast, …

Rocket Internet’s Foodpanda launches in Russia and 11 other new countries Read More

Game Insight secures $25 million to expand internationally; founder Alisa Chumachenko among world’s top 5 startup women

November 18, 2024

Game Insight, a leading Russian mobile game publisher operating globally, announced last week that it raised $25 million from In Mobile Investment (IMI.VC), a Moscow-based venture fund established in 2011. The financial terms of the deal, which follows several smaller investments from IMI.VC over the past two years, have not been disclosed. “Game Insight has a …

Game Insight secures $25 million to expand internationally; founder Alisa Chumachenko among world’s top 5 startup women Read More

US business angel Esther Dyson: “The government should mostly stop investing in startups – it should become a good customer”

February 11, 2013

Esther Dyson is a former journalist and Wall Street technology analyst, as well as a leading angel investor, entrepreneur, philanthropist, and business commentator. She has focused her career on breakthroughs in innovative healthcare, government transparency, digital technology, biotechnology, and space. Dyson is on the supervisory board of Yandex, as well as the advisory board of …

US business angel Esther Dyson: “The government should mostly stop investing in startups – it should become a good customer” Read More

Russia’s Phenomen Ventures takes part in Hailo’s round along with top international investors

February 8, 2013

Hailo, a London-based mobile taxi booking service, announced earlier this week that it secured a $30.6 million investment, making it “the largest and best-capitalized taxi app network in the world with over $50 million raised.” New York-based Union Square Ventures (USV), Russia’s Phenomen, Japan’s KDDI, and Sir Richard Branson are joining existing investors Accel, Atomico …

Russia’s Phenomen Ventures takes part in Hailo’s round along with top international investors Read More

Mobile app’s success reflects the growing popularity of social educational networks in Russia

February 8, 2013

Just weeks after its launch on Jan. 10, an educational app named Znanija has broken into the top-100 downloaded free iOS apps in Russia and become third most popular in the nation’s educational category, according to the App Annie app ranking and intelligence company. The mobile app allows Russian users to access the Znanija.com social educational network, which boasts over …

Mobile app’s success reflects the growing popularity of social educational networks in Russia Read More

Tech Tour seeks 25 most promising emerging Russian technology companies

February 7, 2013

Deadline for applications for the 2013 Russian Tech Tour: February 22 – The 2013 Russian Tech Tour, which will be held in Moscow and Kazan on April 23-26, will pair the most promising early and later stage growth companies with representatives from leading cross-border venture capital and global corporate firms. The funds that will be …

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