Earlier this month BitFury, a major Bitcoin Blockchain infrastructure provider and transaction processing company, secured $20 million in funding from Russia’s iTech Capital, Georgian Co-Investment Fund and DRW Venture Capital. No details of the deals were disclosed. BitFury declined to answer EWDN’s questions. The raise, its third in two years, brings the company’s total to $60 million, …
“What is the greatest question ever asked?” poses Yuri Milner, layering smoked salmon atop toast points. My palms are sweating. As if the meeting at the Ritz Carlton with one of the most powerful men in the world (for which I was slightly late) wasn’t intimidating enough, the wait for him to join me — …
Yuri Milner invests $100 million to find intelligent extraterrestrial life Read More
Inspired by the success of such apps as Gettaxi and Uber, two Moscow entrepreneurs have just launched GetNowBeauty, a mobile app that allows you to call to your home or office a hairdresser, facial aesthetic, hair removal or nail manicure specialist. To develop the service, former bank legal adviser and singer Anna Korona — whose real name …
iTech Capital, a fund with Russian origins now operating globally, has just invested $3 million in exchange for a minority stake in TradingView, a social fintech platform that unites traders and investors from around the world. Also participating in this Series A round, which totalled $3.6 million, were Chicago startup accelerator TechStars and prominent US business angels who took part in the seed …
iTech Capital injects $3 million in US platform to disrupt trading industry Read More
Yesterday Israeli startup Anyclip Media, which has developed a content marketing platform for distributing premium branded video, announced it has completed a $21 million funding round. Leading participants included new investors Ervington Investments, a company owned by Russian billionaire Roman Abramovich, and Limelight Networks (LLNW), a global digital content delivery company. Current shareholders Jerusalem Venture Partners and …
Roman Abramovich invests in Israeli startup Anyclip Media Read More
In a new illustration of the invest-abroad trend among Russian investors, Target Ventures announced last month the opening of an office in San Francisco. The fund’s first US investment went to Prosper, a leading US peer-to-peer lending marketplace, which received $13 million, as reported by Russian tech blog Rusbase. “The Russian market isn’t big enough,” the fund’s managing partner Mikhail Lobanov …
In late June Tel Aviv-based Drippler, which provides personalized recommendations on apps, features, and accessories, announced that it raised $4.5 million in Series A funding which involved two Russia-connected funds – Titanium Investments, which led the round, and TMT Investments. Also contributing to the capital injection were iAngels, Reuven Agassi, Yanki Margalit, David Assia and Christian Gaiser. Selected by …
Titanium and TMT invest in Israeli mobile “techy concierge” Read More
Maxfield Capital, a venture fund operating globally from its offices in Moscow, New York City and Tel Aviv, has invested “up to $500,000” in OnFarm. This Fresno, California-based startup defines itself as an “Internet-of-Things platform that enables a comprehensive array of leading farm hardware technologies into a single grower-friendly management and decision platform.” Thus the startup …
Maxfield Capital invests in “magic” Californian farming data platform Read More
Last month RetailCRM secured $600,000 from Edison.VC, as reported by Russian tech blog Rusbase. This Series A round is intended to accelerate product development and commercial expansion, including in foreign market, the company announced. The RetailCRM platform allows online retailers to personalize, automate and monitor in real time the sales processes and client service. It also …
RetailCRM raises $600,000 from Edison.VC, eyes international expansion Read More
In a new move to penetrate the Asian markets, Russian fintech fund Life.Sreda has inked a memorandum of understanding with Marvelstone Partners, a Seoul, South Korea-based investment group. The two partners intend to launch a $20 million fund targeting fintech startups in South Korea and other Asian countries. Marvelstone will share its expertise in Asian markets …
Life.Sreda teams up with Asian fund Marvelstone to invest $20 million in fintech startups Read More
Israeli startup Klear, formerly known as Twtrland, has raised $1.5 million in new funding from Altair and TMT Investments, two international venture funds with Russian backers. The company defines its product as “a social intelligence platform that helps you do smarter marketing.” It has rebranded to Klear, since the platform now looks at data from Facebook and Instagram in …
Israeli social analytics startup Klear secures $1.5 million from Altair and TMT Read More
MakeTime Inc., an online platform offering machine capacity for immediate purchase, today announced a $2.65 million Series A round of funding led by Almaz Capital with participation from Kentucky Science & Technology Corporation (KSTC) and MakeTime’s early investors. Almaz contributed “more than $2 million” to the round, the fund’s PR Director Irina Goryacheva told East-West …
Almaz Capital invests in Californian startup MakeTime to “revolutionize US manufacturing” Read More
