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Russia’s Sberbank leads $8 million round in US money management startup Moven

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...
Moscow-based Runa Capital to invest up to $200 million in European startups

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...
DST launches 4th international tech fund

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...
Imperious Group invests $530,000 in Russian-American edutech startup Coursmos

Imperious Group invests $530,000 in Russian-American edutech startup Coursmos

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....
Naspers acquired stake in Russian kids goods online store Esky.ru

Naspers acquired stake in Russian kids goods online store Esky.ru

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...
TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

TMT Investments injects $250,000 into ‘Internet of everything’ startup Weaved

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...
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