Founders Bootcamp, a four day intensive training program for Russian startups, took place June 2–5 at the Moscow State University Science Park. More than 60 startup teams gathered to discuss their projects with business angels and venture capitalists from the US and Russia.
Microsoft is ready to invest some $10 million into 100 Russian startup companies over a 10-year period, the president of Microsoft Russia Nikolya Pryanishnikov told RBC, a Russian news agency yesterday. “Our experience is that investment into a single startup should total between $50,000 and $500,000 with an average of $100,000,” Pryanishnikov explained. According to …
Microsoft to distribute $10 million among 100 Russian startups over 10 years Read More
DST, the top Russian Internet investment fund, will participate in a still-undisclosed round of financing in favor of alternative accommodations marketplace Airbnb, reports TechCrunch from unnamed sources. The round is being led by Andreessen Horowitz.
Speaktoit, a Russian mobile and Internet chatbot developer, and PiratePay, an antipiracy startup recently awarded grant funding from Microsoft, have been included on the Red Herring Top 100 Europe listing this year.
Travelmenu.ru, a site offering a suite of travel products including hotels, flights, and vacation packages, announced yesterday that it has raised $1.6 million in growth capital from Almaz Capital Partners and Runa Capital, two important venture capital firms in Russia. The funds will be used “to invest in a direct-to-consumer marketing campaign and build additional …
Five Russian companies are among the 200 finalists of Red Herring’s European startup contest held in Amsterdam. This group of 200 companies is the short list for the Top 100 Europe award. The Red Herring editorial team found them to be “the most innovative” and “exciting” after evaluating them on both quantitative and qualitative criteria, …
5 Russian startups among finalists for Red Herring’s Top 100 Europe Read More
You once said that you were in love with Russia. Please explain! To be in love means to believe and to be committed. We believe in Russia, in its entrepreneurs who are hungry for success. Some of them are very bold, like Oskar Hartmann (founder of leading online private shopping club KupiVIP.ru), Nikita Sherman (founder …
David Waroquier of Mangrove Capital Partners: Investing in Russia with “love” Read More
Every Spring since 1996, for three days, the Russian Internet incarnates into a sprawling mass of living high tech energy — the Russian Internet Forum at Lesnye Dali (Far Woods), a hotel complex located in a picturesque pine forest 38 km northeast from Moscow. From Moscow and far beyond, RIF attracts virtually all those who count …
Ostrovok.ru, an online hotel booking service launched last summer, announced last week it had raised $1 million from General Catalyst Partners, a US-based venture capital and growth equity firm, Kite Ventures, a Russian venture fund, and business angels who founded online travel services in the US and China such as Kayak and Qunar.com. The founders say …
Western and Russian investors bring $1 million to hotel booking site Read More
TomorrowVentures, a US investment fund founded in 2009 by Google chairman Eric Schmidt, announced earlier this week the formation of a strategic partnership with Digital October, a Moscow-based cooperative work space and events organizer. Court Coursey, Managing Partner at TomorrowVentures, agreed to speak with EWDN on the subject of their new partnership.
Digital October, a Moscow-based cooperative work space and events organizer created in 2010, and TomorrowVentures, a US investment fund founded in 2009 by Google chairman Eric Schmidt, announced yesterday the formation of a strategic partnership aimed, in particular, at selecting, financing and promoting Russian startups on international markets.
Svyaznoy, Russia’s second largest mobile retailer, has just launched a mobile advertising campaign using the geotargeting capacities of AlterGeo, a Russian startup inspired by the real time interactive map and navigation of Foursquare. The campaign promotes Samsung’s new Galaxy Gio handset among AlterGeo users who come within the vicinity of a number of Svyaznoy’s physical …
Mobile retailer experiments with geotargeted mobile advertisement Read More
