– “Hey there, I’m just calling to wake you up,” I said a little awkwardly. – “Thanks. Where are you from?” replied a female voice with a thick Irish accent. – “The UK. You’re from Ireland, right?” – “How could you tell?” she said wryly. – “The flag at the top of the screen.” It took 9 months to be …
Wakie, the social alarm clock that lets you wake up strangers, finally arrives on iOS Read More »
Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, has secured $20 million in a Series B1 round of financing from New Enterprise Associates (NEA). German-American fund e.ventures, Moscow-based Runa Capital, Index Ventures and Nginx CEO Gus Robertson also took part in the round, the company announced. Funding will be used for …
Web server publisher Nginx raises $20 million from US fund NEA Read More »
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 …
Last month international online recruitment service Zartis.com announced the launch of its platform in Moscow. Zartis provides employers with access to pre-screened IT professionals in an online marketplace making it quicker and cheaper for companies to hire tech talent. The service, which started in Ireland, is available in Dublin, London, Berlin and now Moscow – …
International online recruitment service Zartis launches in Russia Read More »
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 …
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, …
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 »