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U.S.-Russia Innovation Corridor Selects Residents for Startup Initiative

U.S.-Russia Innovation Corridor Selects Residents for Startup Initiative

Oct 10, 2013 | Central & Eastern Europe, News, North America, Russia

Washington, D.C. October 08, 2013 A total of 87 applicants from more than 30 cities across Russia sought to land one of just three residency openings in the U.S.-Russia Innovation Corridor (USRIC), a collaborative innovation initiative led by American Councils for...
Zombies, Russia, Stalingrad: a new project on Kickstarter

Zombies, Russia, Stalingrad: a new project on Kickstarter

Oct 10, 2013 | Central & Eastern Europe, News, North America, Russia

Do you think that in the eyes of Western creative workers, Russia is the birthplace of bears, Skolkovo start-ups and falling rocket projects that change the world? You will be disappointed – the campaign, which in its first week exceeded the request for Kickstarter...
Runa Capital injects $2 million in mobile banking startup with global ambitions

Runa Capital injects $2 million in mobile banking startup with global ambitions

Oct 9, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News RocketBank, a Moscow-based banking application startup, announced that it received $2 million in funding from Runa Capital, a Moscow-based fund operating internationally. RocketBank’s application, currently available only on iOS, allows users to...
JavaScript error tracker Qbaka raises $200,000 in seed-stage funding

JavaScript error tracker Qbaka raises $200,000 in seed-stage funding

Oct 9, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Last week Maxfield Capital, a Moscow-based $100 million venture fund, and Altair, the investment vehicle of serial business angel Igor Ryabenkiy, announced a seed-stage investment in Qbaka, an award-winning startup developing a solution to track...
Fastlane, Prostor and Runa merge assets to create online health and medicine leader

Fastlane, Prostor and Runa merge assets to create online health and medicine leader

Oct 9, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Fastlane Ventures, Prostor Capital, and Runa Capital have shaken hands to combine two sites in the field of online health and medicine: VitaPortal, which has been funded so far by Fastlane, Prostor, and US business angel Esther Dyson, and...
New $30 million fund expects 45% IRR; makes first investment in Youdo.com

New $30 million fund expects 45% IRR; makes first investment in Youdo.com

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

East-West Digital News Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.” Christened ‘Flint Capital,’ the fund...
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