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Russia’s Bright Capital leads investment round in German wine online retailer

Russia’s Bright Capital leads investment round in German wine online retailer

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...
LSE-listed Russian tech fund raises $1.1 million

LSE-listed Russian tech fund raises $1.1 million

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,...
Moscow Seed Fund and business angel back contextual ad solution provider

Moscow Seed Fund and business angel back contextual ad solution provider

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...
St. Petersburg regional fund supports innovative payment solution

St. Petersburg regional fund supports innovative payment solution

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...
Moscow Seed Fund and business angel back contextual ad solution provider

Social video platform Virool raises giant $6.62 million seed round

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...
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