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Runa Capital leads $2.2 million round in US school admission startup

Runa Capital leads $2.2 million round in US school admission startup

Sep 23, 2014 | Central & Eastern Europe, News, North America, Russia

Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, has led a $2.2 million funding round in SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools. Several US funds...
Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

Children’s goods online retailer Babadu.ru raises $2,9 million from government-backed fund

Sep 12, 2014 | Central & Eastern Europe, News, Russia

Earlier this month Babadu.ru, a children’s goods online retailer, secured a $2.9 million investment from the Internet Initiatives Development Fund (FRII in Russian). The site claims it has “more than tripled in size” and made its brand...
TMT Investments invests in Anews, Adinch, exits The One Page Company

TMT Investments invests in Anews, Adinch, exits The One Page Company

Aug 29, 2014 | News

East-West Digital News Asserting itself as one of the most active Russian-backed funds operating internationally, TMT Investments announced during this month the completion of two investment deals, in addition to a small exit. The fund, which usually invests just a...
Russian pension funds to invest $1 billion in venture funds and innovative companies

Russian pension funds to invest $1 billion in venture funds and innovative companies

Aug 26, 2014 | Central & Eastern Europe, News, Russia

In a confirmation of the country’s commitment to developing new technologies, the Russian government announced that a fraction of the total assets of the country’s pension savings funds will be invested in the shares of venture capital funds, as well as in securities...
Mail.ru Group paid $345 million for its 12% stake in VKontakte

Mail.ru Group paid $345 million for its 12% stake in VKontakte

Aug 25, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News In its accounts for the first half of 2014, Mail.ru Group has disclosed the sum it paid in April of this year to Ivan Tavrin for 12% of VKontakte, Russia’s leading social network also known as VK.com. The stake cost the group around $345...
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