Search Results for: "TMT investments"

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 has just announced the completion of a $1.5 million round of funding. London-based TMT …

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“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 began on Thursday, Feb. 24, is unpredictable. But just hours after the invasion, the impact on the …

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Russian tech entrepreneurship on the rise: Forbes identifies 10 “future unicorns”

Far from their native countries, Russian-speaking entrepreneurs are thriving in the world’s major tech hotspots — from Silicon Valley, to Western Europe, to South-East Asia. These entrepreneurs have colonized the world’s best accelerators, including such ones as Y Combinator, 500 Startups and Techstars. Russian-speaking entrepreneurs reportedly accounted for 40% of a recent Alchemist batch.  The …

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Russian edtech on the rise: Educate Online and Synchronization attract millions from top VCs, corps and BAs

The Russian online education platform Synchronization, launched by in 2015, has raised $2.25 million, reports business daily Kommersant. The round was led by investment holding Avenir and Rusagro co-owner Maxim Basov. The deal also involved Adfirst VC as well as individual investors Stas Korostelev, Mikhail Tsyferov, Anton Volkov and others. The platform offers courses in …

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Russian-born startup raises $3 million to make students’ education dreams come true

StudyFree, an edtech startup born in Russia in 2018, has just secured $3 million to continue its international expansion. The investor pool includes I2BF Global Ventures and TMT Investments, two funds with Russian connections, Techstars, as well as Andrey Doronichev and Mikita Mikado.  The former, Google’s ex-director of product management, is a figure of the Russian-speaking community …

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Women’s e-learning platform from Russia raises $3.3 million to go global

Academy of Changes (Академия перемен), a Russian edtech platform intended for women, has closed a 242 million ruble ($3.3 million) round of funding, some 18 months after inception early last year. The funding was provided by TMT Investments, a London-based fund with Russian connections, and by the corporate fund of MTS, the Russian mobile major …

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This edtech startup grows by 500% y-o-y and raises millions from international investors

The Russian-born edtech startup Novakid has just completed a $4.25 million Series A round. The deal was led by Hungary-based PortfoLion and LearnStart, a major edtech-focused US fund, with participation from  TMT Investments and Xploration Capital. A previous $1.5 million funding round took place less than a year ago, involving South Korean VC BonAngels and Russian VC …

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The Untitled aims to raise €50 million to bridge Eastern European startups with Western Europe

The Untitled, a Russian venture firm established in 2013, is raising a new vehicle to invest across Eastern Europe with a focus on the former Soviet Union. With a €50 million target, the new fund will seek to invest at the seed and pre-Series A stages in such segments as B2B software, robotics, artificial intelligence, …

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Legionfarm raises $1.5 million to develop coaching and hiring services for online games

Legionfarm, a Russian-founded platform for training and hiring professional gamers, has secured $1.5 million, the Kommersant business daily reported yesterday. The bulk of this amount, $1.4 million, was contributed by TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, while the remaining $100,000 came from Denis Smetnev, a co-founder of Russian edtech startup SkyEng …

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UK edtech startup secures $6 million from Russian investors

MEL Science, a UK online education service with Russian roots which aims to “engage kids into science,” has secured a $6 million round of funding. The deal was reported earlier this month by VC.RU, which cited exchanges with the investors.  The funding came from two international venture funds with Russian roots, TMT Investments and Digital Horizon, …

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Video ad startup Virool raises $12 million to “make advertising human”

Virool, a San Francisco-based video ad startup founded in 2011 by a Russian team, has closed a Series A round of $12 million. The funding, which comes from Menlo Ventures, Yahoo Japan, 500 Startups and Flint Capital, will accelerate the company’s North America, Latin America and Europe plans. The company also aims to develop across the APAC region “with the strategic sense of …

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Fragrance subscription service ScentBird attracts $2.8 million from US and Russian investors

Last week ScentBird, a New York-based startup founded by Russian émigrés, announced that it secured $2.8 million in venture funding. The investor consortium includes TMT Investments, a London-based fund with Russian connections, Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, and Scrum Ventures, a US-based fund with interests in Asia, as well as Eclipse Ventures, Ludlow Ventures, and SGH …

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