Search Results for: "Moscow Seed Fund"

HSE-backed startup Hiconversion lands $300,000 in funding

Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow City’s venture investment arm. Ryabenkiy contributed some 3 million rubles, while the fund provided the other 6 million. The company’s total …

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E-learning startup YaKlass attracts funding, plans international expansion

Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment has not been disclosed, but CEO Valeriy Nikitin told East-West Digital News that it valued YaKlass at $2 million.

Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor

SocialMart, a two-year-old Russian product recommendation service for social networks, raised an as yet unspecified amount of investment in late April from Moscow Seed Fund, Moscow City’s venture arm, and Igor Ryabenkiy, a serial Russian angel investor. Ryabenkiy already backed the Moscow-based startup last fall in SocialMart’s seed round. That investment helped the company further …

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Sendmebox.ru raises $300,000 to build cross-border marketplace

A group of e-commerce entrepreneurs from Rostov-on-Don in southern Russia has secured $300,000 in equity investment – including $200,000 from the Moscow Seed Fund and $100,000 from angel investor Andrei Golovin – to launch Sendmebox, a platform to help Russian online customers shopping on foreign sites. A few months before site launch, the deal valued …

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Moscow Seed Fund and angel investor Igor Ryabenkiy back contextual ad solution provider

Last week the Moscow Seed Fund, Moscow City’s venture investment arm, announced an investment of an undisclosed amount in Alytics, a startup developing contextual ad solutions “to optimize conversion rates and save on advertising budgets.” Igor Ryabenkiy, one of the twelve partnering investors that the municipal fund picked up last year, also took part in the …

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

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 …

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Startup-Afisha goes global with English-language Russian startup database

Startup-Afisha, an online resource for Russian startups that has thus far focused on the domestic market, yesterday announced a decisive shift to address a global audience. Slated for launch next month, its startup database RusBase will “provide Russian IT startups with access to leading Western funds” and “link Russian funds to international partners for co-investment.” …

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Moscow city’s seed fund teams up with VCs and angels to support innovation

The Moscow Seed Fund, a fund set up by the Moscow government to promote venture investment in local startups, announced earlier this month its decision to provide loans to innovative companies co-invested in by venture funds and business angels. A list of 12 such co-investors, picked on a tender basis, was approved by the fund. …

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Russian business angels to access Gust’s international investment platform

Gust, the investor relation platform connecting high-growth entrepreneurs and active early-stage investors, and the Russian National Association of Business Angels (NABA), announced last week they have signed an agreement to allow Russian investors to access Gust’s platform. NABA is a not-for-profit organization representing the organized business angels, seed funds, and other early-stage venture capitalist communities …

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