Jun 13, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Seleсtel, a data center company owned by Vkontakte cofounders Lev Leviev and Mikhail Mirilashvili, is investing about 1 billion rubles (about $29 million) in the first stage of a technopark in the Moskovsky district of St. Petersburg. It will...
Jun 13, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe
East-West Digital News Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Whale Path, a Sunnyvale, California-based startup that offers an on-demand business research platform...
Jun 12, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Last week, Moscow-based fund Buran Venture Capital announced the first milestone for its second fund raising operation since launching in 2012. Buran plans to increase its committed capital to $30 million – up from the current $15 million – by...
Jun 11, 2014 | Central & Eastern Europe, News, Russia
KidBook, a startup with an interactive library of educational and training multimedia books for children, has raised 10 million rubles (approximately $300,000) in its first round of funding. The funds, which have been provided by a group of individual investors led by...
Jun 5, 2014 | Central & Eastern Europe, MENA, News, Russia
East-West Digital News Last week, Flint Capital a Moscow-based venture fund launched last year, announced that it has increased its committed capital to $50 million – up from $30 million previously – following an agreement with a new and undisclosed LP. This...
