Oct 28, 2014 | Central & Eastern Europe, News, Russia
Last week online car sales and valuation service CarPrice.ru received $2 million in seed investment. The principal investors were Almaz Capital, Fastlane Ventures, e.ventures along with several other Russian and foreign funds. The company was founded very recently, in...
Oct 21, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Yesterday Jelastic, a California-based startup with Russian origins, saw one of its innovative solutions picked from five Russian finalists in the SmartCamp contest staged by IBM, as reported by the Skolkovo Foundation. Jelastic received a...
Oct 20, 2014 | Africa, Central & Eastern Europe, News, Russia
Moscow Times Gaborone — Russia’s Norilsk Nickel, the world’s top nickel and palladium producer, said it had agreed to sell stakes in two African nickel mines for $337 million to BCL, a Botswana-based copper mining firm looking to expand. Norilsk will...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
Brainly, a global social learning network designed to allow students to help each other with schoolwork, has completed a $9 million Series A funding round with the participation of several major venture funds. Among them are General Catalyst Partners, who led the...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Lifting any possible doubt about the resilience of Ukraine’s high-tech sector in these troubled times, the IDCEE conference was held brilliantly last week at the Olympic stadium of Kiev. Some 2,000 local and foreign startup entrepreneurs,...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
Moscow based fund Guard Capital has bought 15% of DoktorNaRabote, a Russian social network for doctors, for $2.8 million. The project’s cofounder Stanislav Sazhin stated that the business angels from whom Guard Capital purchased its stake left the company having made...