Jul 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Rusnano, a state-owned investment corporation focused on developing the Russian nanotechnology industry, has bought a 25% stake in the vendor of LTE equipment Wireless Technology Center (WTC) from Nokia Siemens Networks (NSN), the news agency...
Jul 11, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Last week Leta Capital, the venture arm of Russian IT security solution provider Leta Group, and TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced a $1 million investment in Californian startup rollApp....
Jul 8, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News RVC, the state-owned fund of funds dedicated to innovation, and Moe Delo, a Russian online accounting startup, have launched One2start.ru, a web resource to help young entrepreneurs start, launch or grow their business. Based on an idea of Moe...
Jul 8, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The Moscow Seed Fund, the City of Moscow’s venture arm, has poured 8 million rubles (about $240,000) into a startup named Probki Iz Okna (Russian for “traffic jams from the window”). The company has created a large network of webcams installed...
Jul 8, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Russian furniture e-retailer Mebelrama.ru, which had been backed by Germany’s Rocket Internet, is shutting down, the company’s co-founder Manuela Stoll confirmed in an exchange with East-West Digital News. In late 2012, the startup landed a $10...
Jul 8, 2013 | Central & Eastern Europe, News, Russia
President Vladimir Putin has canceled the instruction issued by his predecessor, Dmitry Medvedev, which required state-run companies to make contributions to the endowment fund of the Skolkovo Institute of Science and Technology (Skoltech). The new order issued by...
