Last week Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, announced a €3 million investment in MariaDB Corporation, a global software vendor specializing in high availability, high performance and highly scalable open source database solutions. Headquartered in Espoo, Finland, MariaDB (also known as SkySQL) aims to become “the …
In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to the Midemlab competition. This event will take place in Cannes, France, from June 5 to June 8. The deadline for submissions is March 10, 2015. If you have a built the next solution that will …
Midemlab contest 2015: A call to Russian startups Read More »
Earlier this month SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, led a $6.5 million investment round for Mobeewave, a Canadian startup that develops fast and secure NFC mobile payment acceptance services. Business angels also participated in the round, but their identity has not been disclosed. Founded in 2012, Montreal-based Mobeewave presents itself as …
Buran Venture Capital, a Moscow-based, internationally-oriented venture fund, appears to be among the backers of Shazam, which raised $30 million this past January in a funding round that valued it at over $1 billion. While the other investors are still unidentified, the Russian fund revealed yesterday that it contributed $8.5 million in the round.
Apple’s mobile voice-activated assistant Siri will be fully fluent in Russian as part of Apple’s March release of its newest smartphone software, industry website 9to5Mac reported. Siri allows iPhone users to ask questions or issue commands to their mobile phone, such as locating nearby restaurants or calling a friend. The service was first released in …
RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, has just raised $3 million in a Series A round. The funds will be used to develop existing autopilot systems for warehouses and to develop a pre-series autopilot RoboCV X-MOTION, the company stated. Also, RoboCV has plans to implement a full-scale complex robotics …
Last month the fledgling Russian online education industry saw the launch of a new, internationally-oriented project. Using both online and offline teaching methods, The Future Academy offers fully accredited secondary education programs to Russian kids 12 to 17 years of age. The school has been backed at the seed stage by Russian venture fund Digital Ventures, …
‘Future Academy’ blends online and offline to bridge Russian, US educational systems Read More »
Life.Sreda, a Russian fund investing in financial and mobile technologies, has acquired iboxPro, a leading Asian mobile point-of-sale service, and intends to merge it with its Russian portfolio company LifePay. The details of the transaction have not been disclosed, but an unnamed source told business daily Kommersant that it amounted to “up to $10 million.”
Russia’s GS Group, an internationally oriented Russian tech company whose key activities include developing technologies for digital TV, has unveiled a prototype of a device that combines the functionality of a game console and a digital HD receiver. The company has called out the gaming community to unite in driving this technology forward. The device …
Siguler Guff and CapMan, two international private equity firms, announced last week an investment in Maximum Education, a major Russian provider of educational test preparation services, in exchange for “a significant minority stake.” Siguler Guff declined to disclose any further details of the transaction, but Maximum Education CEO Michael Magkov told East-West Digital News it …