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

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...

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

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...

Former Israeli Intelligence Officials Get $2.5M To Seed Cyber Security Company Hexadite

Jul 1, 2014 | MENA, News

TechCrunch July 1, 2014 Cyber security startup Hexadite, launched by three former Israeli intelligence officials, came out of stealth today and announced $2.5 million in seed funding. The money comes from YL Ventures with a contribution from former Microsoft Vice...

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...