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State-owned fund to co-invest in IT start-ups

May 24, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 24 May 2013 Rosinfocominvest, a government fund set up to invest in IT and telecom projects, is shortly expected to recommence its operations as a co-investor in IT startups, after six years of virtual inactivity, the Russian Ministry of Telecom...

NeoPhotonics builds on Rusnano investment and opens R&D center in Moscow

May 20, 2013 | Central & Eastern Europe, News, North America, Russia

Last week NeoPhotonics, a US-based developer of optoelectronics for high-speed communications networks, opened its R&D center and Russia/Eastern Europe sales office in Moscow, a year after it received a capital injection from, Russia’s state-owned nanotech...
Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor

Moscow Seed Fund and Igor Ryabenkiy invest in social shopping advisor

May 6, 2013 | Central & Eastern Europe, News, Russia

SocialMart, a two-year-old Russian product recommendation service for social networks, raised an as yet unspecified amount of investment in late April from Moscow Seed Fund, Moscow City’s venture arm, and Igor Ryabenkiy, a serial Russian angel investor. Ryabenkiy...
Russian angels invest in innovative Finnish online-offline retail analytics

Russian angels invest in innovative Finnish online-offline retail analytics

Apr 26, 2013 | Central & Eastern Europe, News, Russia, Western Europe

Walkbase, a Finnish startup that has developed an innovative retail analytics solution, has received a seed capital injection from Russian and Scandinavian investors after four years of R&D. Neither the amount of the round nor the company’s valuation have been...
Siemens unveils €40 million investment strategy for Russia

Siemens unveils €40 million investment strategy for Russia

Apr 23, 2013 | Central & Eastern Europe, News, Russia

Peter Löscher, Siemens’ CEO and president, said at a press briefing earlier this month that his company is investing €40 million in Russia with plans to set up as many as 90 different R&D centers in tight cooperation with Skolkovo. It is the first German company...
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