Jul 18, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Coub.com, a Moscow-based startup launched last year, has just raised $1 million in a Series A round from Phenomen Ventures and Brother Ventures, two emerging Russian funds operating internationally. The startup’s valuation has not been...
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...
Jul 17, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Jun 24 (PRIME) — State-owned Rosneftegaz may buy part of the government’s stake in Russian power holding Inter RAO UES either this year or the next, Olga Dergunova, director of the Federal State Property Management Agency, told reporters on June...
Jul 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Rusnano, a state-owned investment corporation focused on developing the Russian nanotechnology industry, has bought a 25% stake in the vendor of LTE equipment Wireless Technology Center (WTC) from Nokia Siemens Networks (NSN), the news agency...
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....
Jul 9, 2013 | Central & Eastern Europe, East Asia, News
LJUBLJANA, July 5 (Reuters) – Japanese consumer electronics firm Panasonic Corp will buy up to 13 percent of Gorenje, one of the biggest household appliance makers in Eastern Europe, as it aims to tap growing demand in the region. * Panasonic to buy up to 13 pct...
