Oct 29, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Internet company Sape.ru is launching a comprehensive new investment vehicle aimed at developing the Russian startup scene, one of the company’s founders said. The new fund, called Impulse, will employ the basic tools of the trade: an accelerator,...
Oct 29, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Nginx, an open source web server publisher (pronounced “engine-x”), secured $10 million in a Series B Round of financing from New Enterprise Associates (NEA). The round also included full participation of existing Series A investors,...
Oct 29, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Leading Russian online retailer Ozon is preparing for a new $100 million round of investment. Morgan Stanley has been mandated to conduct this next round of financing, as announced yesterday by Russian business daily Kommersant. “The funds...
Oct 29, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Last week, the Russian edition of Forbes released a list of 10 top Russian venture capitalists whom it identified as being “the most successful.” In the last four years, these investors have earned approximately $3.6 billion from mainly...
Oct 28, 2013 | Central & Eastern Europe, News, North America, Russia
MOSCOW Oct 28 (Reuters) – Russia’s mid-sized Sovcombank is buying the local unit of GE Money Bank, a subsidiary of U.S. conglomerate General Electric, in another departure of a foreign bank from a Russian domestic market dominated by state-controlled...
Oct 28, 2013 | Central & Eastern Europe, China, East Asia, MENA, News, Russia
TEL AVIV, Oct 28 (Reuters) – The Catalyst Funds will close two private equity funds soon that will bring Chinese and Russian investment to Israeli companies and help the firms break into those markets, one of Catalyst’s managing partners said on Monday....
