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...
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...
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...
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....
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...
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,...