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Russian Tech Sector Reliant on U.S. Investors and Expertise

Russian Tech Sector Reliant on U.S. Investors and Expertise

Nov 19, 2013 | Central & Eastern Europe, News, North America, Russia

The Moscow Times The only route to success for Russian technology firms is to launch an operation and find investors in U.S., an investment forum heard. The venture capital market in the U.S. is mature, and investors have experience that Russia, whose investment...
New York Stock Exchange Hosting Russia Day

New York Stock Exchange Hosting Russia Day

Nov 18, 2013 | Central & Eastern Europe, News, North America, Russia

The Moscow Times The New York Stock Exchange, or NYSE, was to host its annual Russia Day on Nov. 18, to gather business executives and investors to discuss opportunities in Russia, a statement from the exchange said, while the American gay community said it would...
Israeli Flavorings Firm to Buy Russian Ingredients Company for $50M

Israeli Flavorings Firm to Buy Russian Ingredients Company for $50M

Nov 18, 2013 | Central & Eastern Europe, MENA, News, Russia

The Moscow Times Israeli flavorings and specialty ingredients company Frutarom Industries will acquire 75 percent of Russia’s Protein Technologies Ingredients for $50.3 million in cash. The agreement includes an option for Frutarom to purchase the remaining 25...
Finnish retail analytics startup raises €3 million from Sberbank’s venture arm

Finnish retail analytics startup raises €3 million from Sberbank’s venture arm

Nov 18, 2013 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News Last week, Walkbase, a marketing optimization platform for brick & mortar retailers, announced a €3 million Series A round investment led by SBT Venture Capital, the venture arm of the Russian national savings bank Sberbank. Olli-Pekka...
Igor Ryabenkiy’s Altair injects additional funds in contextual ad solution provider Alytics

Igor Ryabenkiy’s Altair injects additional funds in contextual ad solution provider Alytics

Nov 18, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Altair, the venture fund of serial business angel Igor Ryabenkiy, has invested an undisclosed amount in Alytics, a startup developing contextual ad solutions to optimize conversion rates. The investment comes a mere eight months after Ryabenkiy...
New fund to turn Ukraine’s e-commerce potential into scalable reality

New fund to turn Ukraine’s e-commerce potential into scalable reality

Nov 15, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Earlier this month, the Moscow-based management company Flint Management launched a venture fund dedicating to developing e-commerce in Ukraine. This move comes just weeks after the company announced the creation of Flint Capital, a $35 million...
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