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Tomsk’s new VC fund to back seed-stage efforts

Tomsk’s new VC fund to back seed-stage efforts

Jun 14, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News The Russian venture fever hit the Tomsk region in Siberia last week with the announced launch of a regional seed-stage fund. The new fund is expected to focus on the support of technology developments across the region’s innovation production...
13th St. Petersburg International Economic Forum, June 20–22, 2013

13th St. Petersburg International Economic Forum, June 20–22, 2013

Jun 14, 2013 | Central & Eastern Europe, Events, Russia

SPIEF 2013 will provide a unique platform for global leaders to engage with their peers in finding solutions to the most pressing issues affecting the world today: political challenges, the fragility of the global economic recovery, the economic and social fractures...
Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund

Russian social marketing startup Flocktory raises $1.5 million from new Russian tech fund

Jun 13, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 11 June 2013 Moscow-based social startup Flocktory announced last week that it has landed a $1.5 million Series A funding round from Digital Ventures, a new Russian venture fund, which has obtained a minority stake in the company. The main...
PIK Group Seeks to Raise $330M in Share Offering

PIK Group Seeks to Raise $330M in Share Offering

Jun 13, 2013 | Central & Eastern Europe, News, Russia

May 31 (Reuters) – PIK Group , one of Russia’s largest home builders, said on Friday it would raise $275 million through a share issue to reduce debt and fund investments. The company, in which Suleiman Kerimov’s investment vehicle Nafta Moskva owns...
Russian gamedev startup Playtox secures $3 million from Runa Capital

Russian gamedev startup Playtox secures $3 million from Runa Capital

Jun 13, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 11 June 2013 Last week Runa Capital, a Moscow-based, $135 million tech fund that operates internationally, closed a $3 million funding deal with Playtox, a software developer and publisher that specializes in free-to-play mobile browser games....
SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund

SaaS startup ITMan attracts investment from Softline and Moscow Seed Fund

Jun 13, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News 13 June 2013 Russian tech fund Softline Venture Partners and the Moscow Seed Fund announced last week that they have closed a funding deal with ITMan, a startup providing SMB companies with SaaS (software as a service) solutions to control IT...
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