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California’s Sequent raises $12 million from Russian and US funds for mobile wallet tech

California’s Sequent raises $12 million from Russian and US funds for mobile wallet tech

Jul 17, 2013 | Central & Eastern Europe, News, North America, Russia

East-West Digital News In a new illustration of the internationalization of Russia’s venture capital, SBT Venture Capital, the venture arm of the national savings bank Sberbank, has led a $12 million round to fund Sequent Software, a California-based provider of...
Leta Capital and TMT Investments invest in California startup rollApp

Leta Capital and TMT Investments invest in California startup rollApp

Jul 11, 2013 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Last week Leta Capital, the venture arm of Russian IT security solution provider Leta Group, and TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced a $1 million investment in Californian startup rollApp....
MoeDelo, PwC and RVC team up to launch online assistant for Russian startups

MoeDelo, PwC and RVC team up to launch online assistant for Russian startups

Jul 8, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News RVC, the state-owned fund of funds dedicated to innovation, and Moe Delo, a Russian online accounting startup, have launched One2start.ru, a web resource to help young entrepreneurs start, launch or grow their business. Based on an idea of Moe...
Russia’s Ministry of Communications to fund up to 50 IT R&D centers

Russia’s Ministry of Communications to fund up to 50 IT R&D centers

Jul 7, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News The Ministry of Communications and Mass Media is planning to finance the creation of up to 50 R&D centers in the IT segment in Russia in the next five years, Digit.ru reported in late June.  During the International Economic Forum in Saint...
Dmitry Falkovich’s Phenomen Ventures leads Delivery Hero’s $30 million round of financing

Dmitry Falkovich’s Phenomen Ventures leads Delivery Hero’s $30 million round of financing

Jul 5, 2013 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News Phenomen Ventures, a $300 million international venture fund launched last year by Russian businessman Dmitry Falkovich, has led a $30 million Series D financing round for Delivery Hero, a Berlin-based food delivery startup operating globally....
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