Startups

Micro-sized antenna maker funded by Russian Venture Company

The Russian Venture Company (RVC) announced today an investment by S-Group Ventures, a fund it owns jointly with Sever Venture Management, in Bisant, a Moscow-based antenna manufacturer. Bisant describes its micro antenna devices as “a powerful means for the reception and transfer of radio waves in various wireless communication systems,” including mobile phones, tablets, netbooks …

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US medical appointment startup raises $50 million from DST to grow ‘as big as Google or Microsoft’

ZocDoc, a New York based startup that allows patients to locate and book doctor appointments online, announced yesterday it secured a $50 million investment from prominent Russian fund DST Global in its third round of financing. Founded in 2007, the site claims to offer 5 million appointments across nine major metropolitan areas and dozens of medical …

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Mobile taxi-booking company funded by Russian-American investor

Prominent Russian-American businessman Leonard Blavatnik has invested $9.5 million in Get Taxi, an Israeli-based mobile taxi-booking company, together with Get Taxi’s founders, which include Shahar Smirin, a former executive at Comverse in Russia.

Russian startup experiments with new model in online short term apartment rentals

A new player has emerged on the nascent Russian online alternative accommodation market. Apartator.ru launched its test version in April and its first paid functions in late June. It has just been selected as one of the 10 finalists of the European Demo Night startup contest to be held next week in San Francisco.

$13.6 million injected into Russian Booking.com

Ostrovok.ru, an online hotel booking service launched a year ago in Russia, announced yesterday it has raised as much as $13.6 million from leading international investors. Among them are General Catalyst Partners, AccelPartners, Founders Fund and Atomico Ventures as well as prominent business angels including Qunar founder Fritz Demopoulos, Yandex board member Esther Dyson, Zyngo founder Mark …

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Yandex invests in US mobile app startup

Refine.io, a startup offering to “create and share fully functional prototypes of mobile apps in about the same time as it takes to develop a wireframe,” received seed funding from Russia’s search engine giant Yandex under the Yandex.Factory program.

KupiKupon to raise up to $15 million; competition rages among local deal sites

KupiKupon.ru, one of Russia’s numerous local deal sites, is in discussions with investors to raise between $10 to $15 million, reported Unova, a Russian site dedicated to high tech and venture news. To date, KupiKupon has received $6 million in previous rounds rounds of financing.

Russian startup to measure itself against international e-learning giants

LinguaLeo emerged last week as the winner of the annual BIT competition, Russia’s primary innovation and entrepreneurship contest with entrants from all across the country. LinguaLeo is a web service that teaches foreign languages using popular TV serials, books, and contextual dialogues.

Modest prizes for ambitious startups at BIT finale

National innovation and entrepreneurship contest BIT held its finale last Friday on the premises of Moscow business incubator Digital October. LinguaLeo, a web service that teaches foreign languages through popular TV serials, books and contextual dialogues, walked away with the first prize.

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