Venture / Private equity

Russia’s Flint Capital invests $6.2 million in European data-driven consumer lending technology

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, …

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E-commerce shipment service provider Top Delivery secures investment from Impulse VC

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. …

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Dashboard Systems receives $2 million from Buran Venture Capital and LANIT

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 …

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Auto technology startup Bright Box secures $1.5 million from Leta Capital

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 …

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