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Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund

Apr 17, 2013 | Central & Eastern Europe, News, Russia

Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation...
Advertising tech startup Garpun raises $3.5 million from iTech Capital

Advertising tech startup Garpun raises $3.5 million from iTech Capital

Apr 15, 2013 | Central & Eastern Europe, News, Russia

Garpun, a Moscow-based startup that provides digital agencies and corporate advertisers with online ad management tools, has raised $3.5 million from the Russian PE & VC fund iTech Capital. The valuation of the startup has not been disclosed, but iTech Capital’s...
TMT Investments injects $350,000 in US e-publishing startup

TMT Investments injects $350,000 in US e-publishing startup

Apr 8, 2013 | Central & Eastern Europe, News, North America, Russia, Western Europe

TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, has invested $350,000 in Graphicly, a US startup that helps publishers and self-published authors produce and distribute text and visual content on major digital publishing platforms....

Siberian startup supported by Western and Russian investors to trade “interesting and unusual things”

Apr 3, 2013 | Central & Eastern Europe, France, News, Russia

Kima Ventures, the fund started by prominent French tech entrepreneurs Jérémie Berrebi and Xavier Niel, along with angel investors Fabrice Grinda, Jose Marin, and Alexander Aivazov, have teamed up to invest in Martmania, an online marketplace focused on trading...

Online hotel booking service Ostrovok.ru raises $25 million amid fierce competition

Mar 28, 2013 | Central & Eastern Europe, News, Russia

In its pursuit of leadership in the Russian online travel market, online hotel booking service Ostrovok.ru has raised $25 million – its fourth fundraising operation in less than two years. General Catalyst Partners has led the round, with participation from Accel...
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