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| Jul 6, 2022 | Ukrainian-founded startup Adwisely backed by diverse pool of investors in Silicon Valley | Adwisely, a startup founded in Ukraine in 2018 — previously known as Retarget App — is making its way in Silicon Valley. Six months after moving its headquarters there, with a team of Ukrainian pros distributed across the world, the company... |
| May 13, 2022 | This Week in European Tech: HR Path scores €225 million, Aiven gets a $3 billion valuation, interesting exits in fintech and micro-mobility, and more
What happened this week in European Tech?
| This week, the Tech.eu research team tracked more than 110 tech funding deals worth over €1.7 billion, and over 15 exits, M&A transactions, and rumours, and related news stories across Europe.
As always, we are putting all of them toget... |
| Apr 6, 2022 | From supporting refugees, to funding startups, to air strike alert systems: How Google helps Ukraine survive the war | Last week Google announced a $5 million fund to provide Ukrainian startups with equity-free cash awards throughout 2022. Dubbed ‘Google for Startups Ukraine Support Fund,’ it will also convey “ongoing Google mentorship, product support and ... |
| Feb 24, 2022 | “A hurricane of discouragement:” Putin’s war on Ukraine is already impacting the Russian tech sector | Will Russia take control of Ukraine after a quick military victory? Will it be a long-lasting war of guerrilla? Could an escalation involve neighboring countries and western powers? The outcome of the Russian military attack on Ukraine that... |
| Feb 21, 2022 | Russian E-Scooter Start-Up Urent Secures $27.8 Million In New Funding | Urent e-scooters Urent |
| Feb 11, 2022 | This Week in European Tech: Cazoo grabs $630M in funding, GoCardless a $2.1B valuation, Apple, Samsung and Bumble acquire startups, and much more
What happened this week in European Tech? | Happy Friday!
This week, the Tech.eu research team tracked more than 115 tech funding deals worth over €3 billion, and over 25 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia and Turkey.
As... |
| Feb 4, 2022 | This Week in European Tech: new unicorns in Vienna, Oslo and Dublin, MariaDB and GP Bullhound go SPAC, interesting acquisitions by Meta, Glovo, Canva and Withings, and more | Happy Friday!
This week, the Tech.eu research team tracked more than 120 tech funding deals worth over €2 billion, and over 35 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia and Turkey.
As... |
| Oct 15, 2021 | GitLab : Ten years after start in Ukraine, GitLab lands on Nasdaq at $11bn valuation | GitLab (‘GTLB’), a San Francisco-based open-source software startup founded by Ukrainian entrepreneur
Dmitry Zaporozhets and Dutch-born Sid Sijbrandij, made its debut on the Nasdaq at a valuation of $11bn on October 14, reports East-West Di... |
| Oct 11, 2021 | Russian and Ukrainian roots, US exit: Jelastic acquired by Virtuozzo | Last week Jelastic, a multi-cloud Platform-as-a-Service (PaaS) company established in Silicon Valley with Russian and Ukrainian roots, announced its acquisition by Seattle-based Virtuozzo. The terms of the deal were not disclosed.
Jelastic’... |
| Sep 10, 2021 | Ukrainian-founded Revenue Grid raises $20 million “to revolutionalize revenue intelligence” | Revenue Grid, a Ukrainian-founded sales automation startup now headquartered in California, has secured $20 million in equity funding. Valuing the company at $70 million, according to Forbes Ukraine, this Series A round was led by US VC fir... |
| Sep 10, 2021 | Ukrainian-founded Revenue Grid raises $20 million “to revolutionize revenue intelligence” | Revenue Grid, a Ukrainian-founded sales automation startup now headquartered in California, has secured $20 million in equity funding. Valuing the company at $70 million, according to Forbes Ukraine, this Series A round was led by US VC fir... |
| Aug 5, 2021 | Daikin Industries : Russian-founded graphene nanotube leader valued at $2bn, inks investment agreement with Daikin | OCSiAl, the Russian-founded global graphene nanotube leader, has inked an investment and business cooperation agreement with Japanese giant Daikin Industries. The companies disclosed OCSiAl’s valuation (“about $2bn”) but not the terms of th... |
| Jul 15, 2021 | Globalized Eastern European startup founders are the darlings of a new wave of funds | Several venture funds emerged over the past few months with a specific focus on Eastern-European tech entrepreneurs operating across the world — offering new opportunities for Ukrainian tech entrepreneurs to develop their projects internati... |
| Jun 17, 2021 | Today in European Tech: Wise confirms direct listing plans, JPMorgan Chase to buy Nutmeg, Bunq valued at $2 billion, and more | Hello!
Here's what happened today in European Tech. Deals
- Wise, the UK payments group formerly known as Transferwise, has confirmed plans to go public in what will be the first direct listing of a tech firm in London. The company said it ... |
| Jun 3, 2021 | Today in European Tech: The SPAC is back with Babylon’s $4.2 billion merger and eToro’s draft filing, the EU’s digital ID wallet, and more | Hello!
Here's what happened today in European Tech. Deals
- Just when you thought the SPAC had been played out, London-based healthtech company Babylon confirms the rumours and announces its plan to go public via a $4.2 billion merger with ... |
| Jun 1, 2021 | Today in European Tech: Wefox raises $650 million, EU to unveil bloc-wide digital wallet, Bought By Many nabs $350 million, and more | Hello!
Here's what happened today in European Tech. Deals
- Berlin-based digital insurance company Wefox has raised $650 million in a Series C round led by Target Global. The record-setting round also saw participation from new investors Fi... |
| May 24, 2021 | Today in European Tech: The birth of Latvia’s first unicorn, a ‘buy now, pay later’ acquisition in Prague, and more | Hello!
Here's what happened today in European Tech. Deals
- Latvia-born Printful has landed $130 million in fresh funds via private equity firm Bregal Sagemount. With this funding, the print-on-demand company becomes Latvia’s first unicorn ... |
| Apr 29, 2021 | Today in European Tech: Money flows into drone delivery-as-a-service, business travel platforms, digital restaurants and more | Hello!
Here's what happened today in European Tech. Deals
- Pegasus Acquisition Company Europe, a SPAC focused on the European financial services industry set up by LVMH founder Bernard Arnault and others, listed today on Euronext Amsterdam... |
| Apr 28, 2021 | Today in European Tech: OneWeb secures $550 million, MessageBird extends round to $1 billion to bankroll a US acquisition, and more | Hello!
Here's what happened today in European Tech. Deals
- Through an extension of a previous round, Dutch omnichannel communications platform MessageBird has now raised a whopping $1 billion. Continuing their shopping spree, MessageBird h... |
| Apr 14, 2021 | Today in European Tech: EU wants to ban use of AI for surveillance, Swiss medtech firm CeQur raises $115 million, and more | Hello!
Here's what happened today in European Tech. Deals
- Swiss medical device company CeQur has raised $115 million in the largest round to date for a privately-held European medtech company.
- Pale Blue Dot, a young Malmö, Sweden-based ... |
| Apr 7, 2021 | EAST WEST HOLDINGS LIMITED
East West : Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa Verdant Capital serves as Tugende's financial advisor and arranger for its equity and debt capital raises | The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology ventu... |
| Apr 7, 2021 | EAST WEST HOLDINGS LIMITED
East West : Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa | The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology ventu... |
| Apr 7, 2021 | East West : Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa Verdant Capital serves as Tugende's financial advisor and arranger for its equity and debt capital raises | The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology ventu... |
| Apr 7, 2021 | East West : Verdant Capital raises USD 9.9 M Series A equity capital for Tugende, a leading technology enabled MSME lender in East Africa | The transaction is the most recent for the award winning fintech and financial inclusion investment banking franchise of Verdant Capital (www.Verdant-Cap.com). Partech Africa, a member of the Partech Group, a leading global technology ventu... |
| Mar 29, 2021 | AliExpress Russia acquires 30% stake in KazanExpress | AliExpress Russia has invested in KazanExpress, a major regional ecommerce company from Russia, by acquiring a 30 percent stake. KazanExpress was founded five ears ago, but is growing extremely fast recently.
It’s unclear how much money was... |
| Mar 17, 2021 | Ukraine-founded language tutoring marketplace raises $35 million for “blitzscaling” | Last week Preply, an international language learning platform founded by three Ukrainian entrepreneurs, announced the completion of an impressive round of financing.
No fewer than 13 investors were involved in this $35 million Series B roun... |
| Dec 15, 2020 | Genesis Investments backs Russian-founded edtech startup in Series A round | Genesis Investments is backing IntellectoKids, a Russian-founded edtech startup, for the second time in one year. The Ukrainian tech investment company, which put $1 million in the startup in late 2019, is now contributing an undisclosed am... |
| Dec 2, 2020 | SBERBANK
Sberbank of Russia : Sber displays its leadership ambitions in the Russian e-commerce space | Sber, Russia’s state-controlled financial and tech giant (previously known as Sberbank), is displaying its ambitions in the field of e-commerce, in spite of several previous unsuccessful attempts, reports East-West Digital News (EWDN).
Last... |
| Dec 2, 2020 | Sberbank of Russia : Sber displays its leadership ambitions in the Russian e-commerce space | Sber, Russia’s state-controlled financial and tech giant (previously known as Sberbank), is displaying its ambitions in the field of e-commerce, in spite of several previous unsuccessful attempts, reports East-West Digital News (EWDN).
Last... |
| Oct 5, 2020 | Ukraine simplifies procedures to attract Belarusian IT specialists | On October 4 President Volodymyr Zelensky signed a decree to facilitate the relocation of Belarusian IT professionals to Ukraine, following the example of several countries of the region.
These measures target Belarusian IT programmers and ... |
| Sep 29, 2020 | Разработчик открытой платформы для создания сервисов аналитики Cube Dev с основателями из России привлёк $6,2 млн Статьи редакции | Стартап планирует потратить деньги за запуск коммерческой версии сервиса.
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Американский стартап Cube Dev привлёк $6,2 млн от Bain Capital Ventures, а также венчурного фонда Slack, стартап-студии Betaworks, ... |
| Sep 24, 2020 | Russian e-commerce leader Wildberries launches in Ukraine | On September 21 Wildberries, the number one retailer in Russia, launched sales in Ukraine. Customers can order goods with free delivery in the wildberries.ua online store as well as through the iOS mobile application. An Android app will be... |
| Sep 4, 2020 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, our research team tracked 50 tech funding deals worth over €500 million, plus 10 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey.
Meanwhile, here’s an over... |
| Jul 22, 2020 | Moscow-based insurtech company raises $4.5M | |
| Jul 1, 2020 | Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores | Jüsto, the Mexico City-based, delivery-only grocery store chain, has raised another $12 million in financing as it looks to expand its now pandemically relevant business of “dark stores” across the country.
The COVID-19 pandemic is changing... |
| May 17, 2020 | ICQ, Prisma, ЖЖ и другие: как чувствуют себя некогда популярные сервисы Статьи редакции | В основном работают без лишнего шума.
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ICQ
Год запуска: 1996-й.
Основатели: Арик Варди, Яир Голдфингер, Сефи Вигисер и Амнон Амир.
Аудитория на пике популярности: 2001 год — 100 млн зарегистриро... |
| May 14, 2020 | Top industry event turns virtual to showcase best “doers in tech” (June 1-3) | On June 1-3 EMERGE, the leading international event on the Belarusian innovation scene, will hold its annual conference in an online format.
Major global companies – including Chivas, Coursera, Dropbox, Farfetch, Ikea, MegaFon, Miro, Tesla,... |
| Apr 1, 2020 | Ukraine-born tutoring platform Preply secures $10 million from Western European investors | Preply, a Ukraine-born private language tutoring platform, is pursuing its international development path with a $10 million round of funding closed in January.
According to CrunchBase, the investment consortium was led by London-based vent... |
| Feb 24, 2020 | BlaBlaCar stops offering its services in Crimea to avoid EU sanctions | BlaBlaCar, the carpooling giant born in France, has stopped offering its services in Crimea, where it had been operating since 2014. The decision aims to avoid being targeted by the EU sanctions against firms operating on the peninsula, acc... |
| Feb 21, 2020 | Da Vinci Capital gets €30 million from Germany’s DEG to invest in Ukraine, Belarus and Kazakhstan | Private equity fund manager Da Vinci Capital has agreed with DEG, a state-owned German development finance institution, a €30 million contribution to its new fund, ‘Da Vinci Capital Technology Fund III.’ The agreement is still subject to st... |
| Feb 10, 2020 | These were the 10 biggest European tech stories last week | Happy Monday!
Last week, our research team tracked more than 70 tech funding deals worth more than €800 million, as well as over 10 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey.... |
| Dec 28, 2019 | These were the 10 biggest European tech stories this week | Happy Saturday!
This week, and for the last time this decade, our research team tracked almost 90 tech funding deals worth more than €600 million, as well as around 20 M&A transactions, rumours, and related news stories across Europe, i... |
| Dec 12, 2019 | BlaBlaCar completes acquisition of bus ticketing platform Busfor | BlaBlaCar, the carpooling giant born in France, is expanding to a new market segment with the acquisition of international bus ticketing platform Busfor. The deal, announced in September, has just been completed after obtaining the required... |
| Nov 27, 2019 | Under Russian pressure, Apple changes Crimea map | More than five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers. As reported by BBC and Reuters, Apple has complied with Russian ... |
| Nov 4, 2019 | Russian game giant Playrix acquires Ukrainian game studio | Last week Playrix, a global Russian-founded gaming giant, announced the acquisition of Ukrainian game studio Zagrava Games.
Founded in 2003 (known as ‘Friends’ Games’ at that time), this game development service company is located in Rivne ... |
| Nov 1, 2019 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, our research team tracked more than 70 tech funding deals worth over €1.2 billion, as well as some 15 M&A transactions, rumours, and related news stories across Europe, including Russia, Israel, and Turkey. Mean... |
| Oct 11, 2019 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, our research team tracked more than 80 tech funding deals worth over €650 million, as well as some 15 M&A transactions and related news stories across Europe, including Russia, Israel, and Turkey. Meanwhile, her... |
| Sep 25, 2019 | BlaBlaCar to acquire Ukrainian-born bus ticketing platform Busfor | BlaBlaCar, the carpooling giant born in France, intends to acquire Busfor, a major international bus ticketing platform born in Ukraine. The news was reported today by Russian business daily Kommersant, which cites exchanges with BlaBlaCar’... |
| Jul 26, 2019 | Ecommerce in Russia to reach 19.74 billion euros in 2019 | The online sales of physical goods in Russia is expected to reach about 19.74 billion euros at the end of this year. In 2023, ecommerce in Russia is forecast to be worth almost 45 billion euros.
Ecommerce in Russia is entering an accelerate... |
| Jun 6, 2019 | German DEG and Da Vinci Capital invest in DataArt, a global tech consultancy with roots in Eastern Europe | Last week German development finance institution DEG announced it provided equity funding to DataArt, a leading global developer of complex IT solutions.
The amount of the deal was not disclosed. Alongside DEG, this venture round was backed... |
| May 21, 2019 | Dutch-Ukrainian business angel Bas Godska launches venture fund, targets startups from across Europe | Bas Godska, an international e-marketing veteran and one of the most prolific business angels in Eastern Europe, announces the launch of Acrobator Ventures. This startup fund plans to invest up to €20 million in the coming three years “from... |
| May 10, 2019 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, our research team tracked more than 60 tech funding deals worth more than €700 million, as well as eight M&A transactions across Europe, including Russia, Israel, and Turkey.
We listed every single deal in our w... |
| May 8, 2019 | Pasadena-Based East West Bancorp Takes $7M Charge Related to Solar Ponzi Scheme | |
| Apr 26, 2019 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, our research team tracked more than 40 tech funding deals worth more than €1.2 billion, as well as some 10 M&A transactions across Europe, including Russia, Israel, and Turkey.
We listed every single deal in our... |
| Mar 5, 2019 | Google fixes “technical mistake” in maps that presented Crimea to Russian users as Ukrainian territory | Five year after Russia took control of the peninsula, the sovereignty dispute between Russia and Ukraine over Crimea is still sensitive for online service providers.
Thus, in an effort to comply with local laws regarding the depiction of in... |
| Feb 27, 2019 | Pasadena-Based East West Bancorp Takes $54 Million Hit Tied to Solar Ponzi Scheme | |
| Feb 25, 2019 | With 13 million users, Facebook is now Ukraine’s leading social network | PlusOne, a Kyiv (Kiev)-based communication agency, has just published a study on Facebook use in Ukraine. According to this study, the US social network attracts some 13 million users in the country monthly, which accounts for more than a h... |
| Feb 18, 2019 | Baring Vostok founder under arrest: The Russian tech investment community under shock | Editor’s note: This article from East-West Digital News was syndicated with permission.
US citizen Michael Calvey, a figure of the Russian private equity scene, was detained Friday in Moscow as part of a large-scale fraud investigation.
The... |
| Feb 15, 2019 | Swedish investor VNV injected $8.5 million in Busfor in 2018 | In December last year Vostok New Ventures (VNV), a major Swedish investment firm operating internationally, invested $4.5 million in online bus ticketing platform Busfor, in addition to the $4 million it had injected in the company in mid-2... |
| Feb 15, 2019 | “A goldmine of tech talent:” Two reports highlight growing software export capacities in four Eastern European countries | Editor’s note: This article from Ukraine Digital News was syndicated with permission.
Two industry reports have been released this week, bringing fresh data and analysis about the software development industry in Eastern European countries.... |
| Feb 14, 2019 | “A goldmine of tech talent:” Two reports highlight growing software export capacities in four Eastern European countries | Two industry reports were released earlier this week, bringing fresh data and analysis about the software development industry in Ukraine and three other Eastern European countries.
The first report was issued by a consortium of leading loc... |
| Jan 28, 2019 | Naspers takes full control of Russian classifieds site Avito in $1.16B deal | South African internet conglomerate Naspers is best known for backing Chinese tech giant Tencent, but it also operates a vast network of online classifieds businesses. That network just got a little larger after Naspers took full control of... |
| Jan 16, 2019 | 2018 Eastern Europe and Central Asia Tech Investment Overview | Tech investment volumes in Eastern Europe and Central Asia were modest last year, if compared with the Chinese, US or Western European markets. However, 2018 was marked by giant corporate deals involving international players while a series... |
| Jan 11, 2019 | U.S. IT service giant DXC Technology to acquire Luxoft for $2 billion | Earlier this week DXC Technology and Luxoft, two major, NYSE-listed IT service providers, announced a definitive agreement for DXC to acquire Luxoft. At $59.00 per share in cash, the deal represents a total equity value of approximately $2 ... |
| Dec 13, 2018 | Snapchat reportedly buys Teleport’s technology, woos its best developers | Note: This story has been updated following new elements brought by one of Teleport’s founders
Snapchat has hired some of the best developers of Teleport, a startup launched by tech entrepreneurs from Ukraine, Estonia and Russia. The US com... |
| Dec 10, 2018 | Владелец Snapсhat за $8 млн приобрел команду и технологии стартапа с украинскими корнями Teleport | В команду Snap перешел сооснователь стартапа Сергей Демьянов, ранее он работал в IBM, следует из данных соцсети Linkedin.
После сделки он занял должность руководителя команды машинного обучения в главном офисе Snapchat в Лос-Анджелесе.
Ураз... |
| Nov 22, 2018 | German e-commerce platform Westwing sells its Russian subsidiary to Elbrus Capital | Editor’s note: This post from East-West Digital News was syndicated with permission.
Westwing, a German e-commerce company selling furniture and designer home accessories, has sold to one of the funds of Elbrus Capital its subsidiary coveri... |
| Oct 16, 2018 | Ecommerce in Russia will grow 170% next five years | Ecommerce in Russia is showing an active growth. Last year, it was worth 13.7 billion euros and for this year it’s predicted to be worth 17 billion euros. And by 2023, the Russian ecommerce industry is predicted to grow to almost 46 billion... |
| Aug 20, 2018 | Swedish investor VNV invests $4 million in Busfor | Swedish investment firm Vostok New Ventures (VNV) invested $4 million in Busfor, an online bus ticketing platform with Ukrainian roots operating across Eastern Europe. The transaction, which has been disclosed in the firm’s most recent fina... |
| Aug 17, 2018 | These were the 10 biggest European tech stories this week | Happy Friday!
This week, we tracked 39 tech funding deals worth more than €251 million, as well as 4 M&A transactions across Europe, including Russia, Israel, and Turkey.
We listed every single deal in our weekly newsletter (note: the f... |
| Aug 6, 2018 | BlaBlaCar acquires Russian carpooling platform BeepCar from Mail.ru | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
BlaBlaCar has made its second acquisition of the year, with the French ride-sharing giant announcing it has snapped up Russian carpooli... |
| Aug 6, 2018 | BlaBlaCar acquires Russian carpooling platform BeepCar from Mail.ru | BlaBlaCar has made its second acquisition of the year, with the French ride-sharing giant announcing it has snapped up Russian carpooling platform BeepCar from Mail.ru. Terms of the deal were not disclosed.
Mail.ru launched BeepCar just las... |
| Jul 25, 2018 | Preply raises $4 million to teach young professionals how to conduct business in 40 languages | Preply, a global private language tutoring platform with Ukrainian roots, has just announced the completion of a $4 million round of funding. The funding will support the long-term development of future products, including improving the Pre... |
| Jul 21, 2018 | Propelling deep space flight with a new fuel source, Momentus prepares for liftoff | Mikhail Kokorich, the founder of Momentus, a new Y Combinator-backed propulsion technology developer for space flight, hadn’t always dreamed of going to the moon.
A physicist who graduated from Russia’s top-ranked Novosibirsk University, Ko... |
| May 25, 2018 | USDOC SABIT IT 2018 program picks tech startups from former Soviet Union | The US Department of Commerce (USDOC) International Trade Administration established the SABIT program in 1990 to promote the economic restructuring of countries from the former Soviet Union. There are several group programs within this ini... |
| Apr 25, 2018 | Mail.ru launches online pharmacy | Mail.ru, one of the largest internet businesses in Russia, has announced the launch of an online pharmacy. The announcement of Mail.ru’s online pharmacy All Pharmacies follows just four months after a new telemedicine law came into effect i... |
| Apr 18, 2018 | Ukrainian eSports startup DreamTeam attracts leading Western fund to its ICO | Earlier this month Ukrainian startup DreamTeam, which touts itself as “the world’s first infrastructure platform and payment gateway for eSports and gaming,” announced an investment from Mangrove Capital Partners, a leading Western European... |
| Mar 28, 2018 | CEE startup scene overkilling London | A decade ago if you wanted to start a company in Central Eastern Europe (CEE) you were forced to head west to fund your startup and get the critical know-how from people that had been there, done that. Because locally, the investors mainly ... |
| Feb 1, 2018 | Russia’s esports market is heating up | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
2018 so far has saw some major moves in the Russian esports realm, which has emerged as a sizable European market with established play... |
| Dec 1, 2017 | How investors are priming Russian startups for Silicon Valley | Last week Sberbank, Russia’s national savings bank; the Internet Initiatives Development Fund (IIDF, or FRII), Russia’s largest early-stage startup investment fund; and FortRoss Ventures (formerly known as Money Time) announced the launch o... |
| Dec 1, 2017 | How investors are priming Russian startups for Silicon Valley | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Last week Sberbank, Russia’s national savings bank; the Internet Initiatives Development Fund (IIDF, or FRII), Russia’s largest early-s... |
| Nov 25, 2017 | Why Eastern Europe is a hotbed for computer vision startups | In September 2015, the Ukrainian startup community and technology-focused media went into a frenzy after Snapchat announced it was acquiring Looksery, an Odessa-based image-processing startup.
The deal, reportedly valued at around $150 mill... |
| Nov 25, 2017 | Why Eastern Europe is a hotbed for computer vision startups | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
In September 2015, the Ukrainian startup community and technology-focused media went into a frenzy after Snapchat announced it was acqu... |
| Nov 24, 2017 | Russia’s antimonopoly authority clears merger between Uber and local service Yandex.Taxi | Editor’s note: This post from East-West Digital News was syndicated with permission.
The Federal Antimonopoly Service of the Russian Federation has approved the Yandex-Uber plan to merge their respective taxi service activity in the country... |
| Nov 9, 2017 | Why startups from Eastern Europe are so strong in face recognition and augmented reality | Eastern-European engineers seem to have some special skills, or secret sauce, to develop face recognition and related AR technologies, if judging by the number of startups with roots in this region that have made the news over the past few ... |
| Oct 9, 2017 | Russian Miner Coin raises $43 million in ICO to challenge China in Bitcoin mining | Russian Miner Coin (RMC) raised the equivalent of $43 million through an ICO last month, as it looks to challenge China and create a “next-gen ecosystem for miners and investors,” the company said.
This figure set a new record in the Easter... |
| Oct 9, 2017 | Russian start-up 3D prints houses in 24 hours, raises $6 million for expansion | A couple weeks ago, Rusnano Sistema Sicar, a Russian private equity fund, announced that it will invest $6 million in Apis Cor, a startup originated from Siberia which has designed a 3D printing technology for the construction industry.
The... |
| Oct 9, 2017 | Russian Miner Coin raises $43 million in ICO to challenge China in Bitcoin mining | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Russian Miner Coin (RMC) raised the equivalent of $43 million through an ICO last month, as it looks to challenge China and create a “n... |
| Sep 27, 2017 | Russia will block Facebook if it doesn’t comply with local data storage legislation, says local regulator | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Facebook could be banned in Russia if it fails to comply with local legislation on personal data storage, warned the country’s head of ... |
| Sep 27, 2017 | Russia will block Facebook if it doesn’t comply with local data storage legislation, says local regulator | Facebook could be banned in Russia if it fails to comply with local legislation on personal data storage, warned the country’s head of Federal Service for Supervision of Communications, Information Technology and Mass Media (“Roskomnadzor”)... |
| Sep 18, 2017 | LAToken raises millions in ICO to create “the first asset-backed token exchange” | As the ICO fever continues to rise, LAToken, a blockchain platform which aims to make tradable potentially any type of assets, raised the equivalent of $9.6 million in late August. In just three days, investors bought 30 million tokens, eac... |
| Sep 16, 2017 | This Russian-designed token wants to tackle crypto-volatility | In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens comes as no surprise.
The concept is not new, but we are now witnessing its first applications. One of these proj... |
| Sep 14, 2017 | Blackmoon Crypto raises $30 million in ICO to ‘bridge crypto universe and traditional investment market’ | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
The Blackmoon Crypto platform, which touts itself as “a one-stop solution for asset managers to create and manage legally-compliant tok... |
| Sep 14, 2017 | Blackmoon Crypto raises $30 million in ICO to ‘bridge crypto universe and traditional investment market’ | The Blackmoon Crypto platform, which touts itself as “a one-stop solution for asset managers to create and manage legally-compliant tokenized funds,” has raised more than $20 million in just one day through an ICO that launched on September... |
| Sep 13, 2017 | Russia is sending conflicting messages about cryptocurrency regulation | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
The Russian government recently revealed plans to regulate cryptocurrencies like securities, Finance Minister Anton Siluanov told repor... |
| Sep 13, 2017 | Russia is sending conflicting messages about cryptocurrency regulation | The Russian government recently revealed plans to regulate cryptocurrencies like securities, Finance Minister Anton Siluanov told reporters last week.
While this stance runs in contrast with China, which has just banned ICOs, it also marks ... |
| Sep 8, 2017 | Grishin Robotics global bikesharing to “make smart cities a reality” | Grishin Robotics, an international venture fund with Russian roots, is investing massively in bikesharing platforms. Over the past four months the fund has completed no less than three deals in this segment:
In May, it led an $8 million Ser... |
| Aug 11, 2017 | Internet giant Mail.Ru could play pivotal part in boosting voter turnout in Russian presidential election | The Russian government is likely to hire the services of internet giant Mail.Ru Group to boost voter turnout in next year’s presidential election, as reported by the business publication RBC this week. The authorities’ bet on such a digital... |
| Aug 11, 2017 | Internet giant Mail.Ru could play pivotal part in boosting voter turnout in Russian presidential election | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
The Russian government is likely to hire the services of internet giant Mail.Ru Group to boost voter turnout in next year’s presidentia... |