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...
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...
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...
Jun 30, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Russo-American startup Coursmos, a developer of short online courses, has raised $530,000 from Russian venture fund Imperious Group and business angel Evgeniy Medvednikov. The funds will be used to develop the platform and to add more staff....
Jun 25, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News This past February the South-African media group Naspers acquired a 30.7% stake in eSky.ru, a Russian online retailer of children’s goods. The transaction, which amounted to 200 million South African rands (approximately $20 million), has just...
Jun 25, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe
East-West Digital News June 25, 2014 Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $250,000 investment in Palo-Alto headquartered Weaved in exchange for a 2.69% stake in the company’s...