Phenomen Ventures, a $300 million international venture fund launched last year by Russian businessman Dmitry Falkovich, has invested in Helpling, the online marketplace for household cleaners backed by Germany’s Rocket Internet. The deal is part of a Series A round of 13.5 million euros ($16.8 million), which has also involved Mangrove Capital, Point Nine Capital …
Russian-Austrian startup investor Igor Ryabenkiy is attracting partners to his investment fund, Altair Capital Management, aiming to raise $20 million before the end of this year Two figures from the Russian venture scene, Igor Matsanyuk and Mikhail Vinchel, have already brought in a part of the funding via their own investment vehicles. Other LPs are expected …
Last week Life.SREDA, the venture arm of Russian finance group Life, announced its investment in mobile bank Rocketbank. The amount of the transaction has not been disclosed, but an unnamed source close to the deal told Russian tech blog Firrma.ru that the fund’s stake in Rocketbank does not exceed 10%. Life, which is made up of seven commercial banks across Russia, …
SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, has invested $5 million in fintech service Advanced Merchant Payments (AMP). AMP’s platform allows banks to offer unsecured short-term loans to small businesses, using data analysis to decide whether to offer loans to businesses without a credit history. It was founded in 2009 …
Russia’s SBT Venture Capital invests $5 million in Southeast Asian credit company 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 »
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 »
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 »