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ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund

ChefMarket secures $300,000 from AddVenture and Moscow Seed Fund

Jul 8, 2014 | Central & Eastern Europe, News, Russia

In late June Russian fund AddVenture teamed up with the Moscow Seed Fund, the venture arm of the Moscow city authorities, to inject a second investment tranche into Moscow startup ChefMarket.ru, following an initial investment in December last year. ChefMarket offers...
Russia’s Sberbank leads $8 million round in US money management startup Moven

Russia’s Sberbank leads $8 million round in US money management startup Moven

Jul 8, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Last week money-management service Moven raised $8 million at an undisclosed valuation in a round led by SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank. Virginia-based Route 66 Ventures, South-African Standard...
Profitable Turkish International Chemical Distributor

Profitable Turkish International Chemical Distributor

Jul 7, 2014 | Central & Eastern Europe, MENA

Project Chemicals, established in 1991 Istanbul, is a chemicals, plastics and rubbers distributor and also a tailor made polymers producer. It is an exclusive agent distributor for well known companies all over the world. Customers of Project Chemicals are widely...
Crowdfunding Platform Seedrs Begins Offering ‘Convertible’ Equity Option

Crowdfunding Platform Seedrs Begins Offering ‘Convertible’ Equity Option

Jul 7, 2014 | Central & Eastern Europe, News, Western Europe

TechCrunch July 7, 2014 Proof there’s still room for innovation in the equity crowdfunding space yet, if Seedrs‘ claims of a first hold true. The “pan-European” equity crowdfunding platform is adding ‘convertible’ equity as an option for startups wanting to raise...
Moscow-based Runa Capital to invest up to $200 million in European startups

Moscow-based Runa Capital to invest up to $200 million in European startups

Jul 4, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News July 4, 2014 Runa Capital, a Moscow-based global tech-focused venture capital firm, announced yesterday the first closing of its new fund, Runa Capital II. With a target size of $200 million, the firm will continue investing in tech-based...
DST launches 4th international tech fund

DST launches 4th international tech fund

Jul 1, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News July, 1, 2014 DST Global, which is controlled by Russian billionaire Yuri Milner, has launched its fourth investment fund — DST Global IV. The news was reported last week by Russian business daily Vedomosti based on documents posted on the...
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