In the opinion of GeoCV CEO Anton Yakubenko, a graduate of the computer graphics laboratory at Moscow State University, a global 3D revolution is coming. Starting in 2015, smartphones and tablets will have 3D options. GeoCV is creating a mobile application for mobile devices of the future. The idea of the GeoCV mobile app was born when …
Moscow university graduate prepares for “global 3D revolution” Read More »
Launched in 2010 in Russia, Imperious Group began investing in Ukrainian startups last year. Regardless of the political tumult, the fund’s interest in this market was maintained this year to such an extent that has it has become one of the most active funds in Ukraine with more than $3 million invested so far. This year, Imperious …
Why Russia’s Imperious Group is investing millions of dollars in Ukrainian startups Read More »
Developers in Russia are putting up their feet today — that is, after they have finished stomping around in frustration for a little while. It’s emerged that Russia’s regulator RosComNadzor has blocked GitHub after the popular software and coding collaboration platform was found to be hosting content related to suicide — specifically, see this file that details 32 ways to kill yourself. The “block” …
Russia blacklists, blocks GitHub over pages that refer to suicide Read More »
Cream Finance, a European company that provides short-term consumer loans, has raised $6.2 million (€5 million, both debt and equity) from Flint Capital, a globalized Russian venture fund launched last year. Founded in 2010, Cream Finance is the parent company of CreditOn, LendOn, and CreditOne, consumer credit services that operate in Latvia, Czech Republic, Poland, Georgia, …
Top Delivery, a provider of e-commerce shipment services on the domestic market, has raised an undisclosed amount from Impulse VC. The young company will use the funds to develop further its logistics, customer service and IT systems. It also plans to expand its geographic coverage – which now covers 2,700 locations in 44 Russian regions. …
E-commerce shipment service provider Top Delivery secures investment from Impulse VC Read More »
Dashboard Systems, a Russian corporate software publisher, has raised “more than 100 million rubles” (approximately $2 million at the current exchange rate) from Russian IT firm LANIT and fund Buran Venture Capital, Vedomosti reported last week. Dashboard Systems founder Vladimir Bernstein told the business daily that both companies will receive a blocking stake in the company, but did …
Dashboard Systems receives $2 million from Buran Venture Capital and LANIT Read More »
Following the downing of the Air Malaysia flight and the subsequent military interventions and conflict between pro-Russian separatists and the government in the Ukraine, concerns about the stability of Ukraine and Russia – and indeed the broader Eastern European region – have grown. Despite a cease-fire in September, some quarters are reporting the possibility of renewed conflict. The economic toll …
Will Ukraine-Russia’s political turmoil boost the region’s outsourcing economics? Read More »
Leta Capital, the venture arm of Russian IT security solution provider Leta Group, has invested $1.5 million in Bright Box, a Russian company specialized in developing tech solutions for the auto industry. Bright Box’s solution, chistened Remoto, allows clients to remotely control vehicle functions such as climate control and locks via their mobile phone and to receive …
Auto technology startup Bright Box secures $1.5 million from Leta Capital Read More »
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