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QWave Capital invests $5.6 million in Switzerland’s ID Quantique

QWave Capital invests $5.6 million in Switzerland’s ID Quantique

Oct 23, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Last week ID Quantique (IDQ), a Geneva-based company that develops commercial encryption technologies based on the principles of quantum physics, raised $5.6 million in funding from Quantum Wave Capital (QWave Capital), a Moscow-based venture...
Automated navigation robot developer raises $500,000, launches warehouse equipment pilot system

Automated navigation robot developer raises $500,000, launches warehouse equipment pilot system

Oct 23, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Earlier this month, RoboCV, a Moscow-based startup developing autopilot solutions for vehicles and industrial equipment, raised $500,000 from LETA Capital, the venture branch of Russian IT security group LETA. RoboCV employs 15 people and is...
Russian online TV site Tvigle seeks new funding

Russian online TV site Tvigle seeks new funding

Oct 22, 2013 | Central & Eastern Europe, News, Russia

MOSCOW | Oct 22 (Reuters) – Russian internet TV portal Tvigle aims to raise more than $10 million and seek private equity investment so it can grow its business as a legal alternative to pirated content. Russia became Europe’s largest internet market by...
Russia’s Tinkoff Credit IPO to raise more than $1 bln

Russia’s Tinkoff Credit IPO to raise more than $1 bln

Oct 21, 2013 | Central & Eastern Europe, News, Russia

MOSCOW, Oct 21 (Reuters) – Russian entrepreneur Oleg Tinkov’s consumer credit provider TCS is aiming to raise around $1.1 billion in its London flotation – higher than the $870 million previously expected, a financial market source said on Monday....
Yandex acquires leading movie portal KinoPoisk from France’s AlloCine

Yandex acquires leading movie portal KinoPoisk from France’s AlloCine

Oct 20, 2013 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News Yandex, Russia’s leading search engine and major Internet group, announced yesterday that it acquired KinoPoisk (in Russian: “Cinema Search”), the largest Russian language portal on movies, TV programs and celebrities. This site’s...
Polymetal to Buy Kazakh Gold Mine for $500M

Polymetal to Buy Kazakh Gold Mine for $500M

Oct 20, 2013 | Asia, Central & Eastern Europe, News, Russia

MOSCOW | (Reuters) – Russia’s gold and silver miner Polymetal intends to buy a large gold mine in neighbouring Kazakhstan for up to $500 million, around one-third of which could be paid with the firm’s shares, daily Kommersant said on Thursday,...
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