Mar 12, 2013 | Central & Eastern Europe, News, Russia, Western Europe
The invest abroad trend among Russian financial institutions was demonstrated again last week by a capital injection of “several million euros” in Wine in Black, a German premium wine online retailer. The round was led by Russia’s Bright Capital...
Mar 11, 2013 | Central & Eastern Europe, News, North America, Russia
TMT Investments, a London-headquartered venture fund backed by Russian businessmen, announced last week that it has raised $1.125 million from an unnamed “group of qualified investors.” Launched by German Kaplun, Alexander Morgulchik and Artyom Inyutin,...
Mar 11, 2013 | Central & Eastern Europe, News, Russia
Last week the Moscow Seed Fund, Moscow City’s venture investment arm, announced an investment of an undisclosed amount in Alytics, a startup developing contextual ad solutions “to optimize conversion rates and save on advertising budgets.” Igor...
Mar 7, 2013 | Central & Eastern Europe, News, Russia
A state-supported venture fund in St. Petersburg (“The St. Petersburg regional venture fund for investment in small businesses in the scientific and technical sphere,” in Russian officialese) has announced an investment of an undisclosed amount in Breeze...
Feb 27, 2013 | News, North America, Russia
East-West Digital News 22 February 2013 Virool, a San Francisco-based startup founded in 2011 by a Russian team, announced last week that it raised $6.62 million from leading venture funds and business angels. A Y-Combinator graduate, Virool defines itself as “a...