International

Russian oligarch Ziyavudin Magomedov makes second investment in Hyperloop One

March 2, 2017

Illustrating the strong invest-abroad trend among Russian investors, Ziyavudin Magomedov, a top businessman from Dagestan, took part in a recent $80 million round of financing for Hyperloop One. Previoulsy known as Hyperloop Technologies, this Californian startup is developing vacuum tube-based transportation technologies based on Elon Musk’s models. Also investing in Hyperloop One’s latest round were existing investors Sherpa Ventures, 8VC and …

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Russia probably behind cyberattack on Bundestag, say German authorities

May 16, 2016

Russian intelligence agencies were probably responsible for a massive cyber attack on Germany’s lower house of parliament last year which forced its computer systems to be shut down for days, Germany’s domestic intelligence agency said on Friday. The agency, known as the Federal Office for the Protection of the Constitution (BfV), said a hacker group …

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How e-health could revolutionize Russian healthcare: the Netherlands shares its experience

May 12, 2016

Policymakers, doctors and scientists from both the Netherlands and Russia gathered in Moscow last month under the auspices of the Russia-Netherlands bilateral health working group to exchange ideas and share expertise about e-health solutions. “In the Netherlands, the healthcare sector is aware of the necessity to join forces for smart solutions for sustainable healthcare. This can …

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Sistema Asia Fund invests in Indian EDRM solution provider

May 11, 2016

Sistema Asia Fund has participated in a $12 million in Series B funding round for a Seclore, a major enterprise digital rights management (EDRM), along with other investors Helion Ventures, Venture East, and India Alternatives. The details of the transaction, which was announced in late April, have not been disclosed. Sistema Asia Fund was launched three months ago by …

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Target Global leads $24 million round for Israeli-based payment service provider

May 11, 2016

Target Global, an international venture fund with Russian backers, has led a $24 million funding round for Zooz, an Israeli payment service provider. The round, which was announced last week, also involved Fang Fund, iAngels, Kreos Capital and existing investors Blumberg Capital, Lool Ventures, Rhodium, Claltech (Access Industries’ Israeli tech vehicle), XSeed Capital, CampOne Ventures and angel Eilon Tirosh. The details of the transaction have not …

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Major industry event in Sofia invites Russian tech players (discounted registration until May 17)

May 10, 2016

Russian startups and other internationally-oriented tech players are welcome to participate in the sixth edition of DigitalK, a major regional event which will be held on May 19-20 in Sofia, Bulgaria. This two-day conference will bring together founders of world-leading tech companies, unicorns and startups, as well as investors and digital marketing gurus from South Eastern Europe …

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Russia’s Run Capital leads £1 million seed round in UK satellite data company

May 6, 2016

Illustrating the invest-abroad trend among Russian VCs, Run Capital has led a seed financing round of more than £1 million to support the international expansion of UK-based satellite-driven data analytics provider Rezatec. The deal was announced in late April. The Harvard Business School Alumni Angels also took part in the round along with Rezatec’s existing shareholders. Rezatec will …

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100 startup entrepreneurs and investors from Islamic countries to meet in Kazan, Russia (May 15-21)

May 5, 2016

From May 15 to 21 Kazan, the capital of the Republic of Tatarstan, approximately 800 km east of Moscow, will host its second ‘OIC Youth Entrepreneurship Forum.’ The event will attract young entrepreneurs from member states of the Organisation of Islamic Cooperation — of which Russia is an Observer state. The organizers aim to “identify and …

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“Cybercrime as a service:” Russian malware creator sentenced by US court

May 4, 2016

Earlier this week Nikita Kuzmin, a 28-year old Russian citizen who created the Gozi malware, was released from US prison after being sentenced in a federal court to time served (37 months). Kuzmin was also ordered to pay forfeiture and restitution in the amount of nearly $7 million. Kuzmin pled guilty to the computer intrusion and …

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Red scare: Military analyst muses over Musk’s fear of ‘Russian assassins’

May 3, 2016

Tech billionaire Elon Musk is known for being a bit eccentric. Last year, he blew up the internet when he told a Bloomberg reporter that he would like to die on Mars, but that his family “fears Russia will assassinate me [first].” Contemplating the prospects for a heated competition between Roscosmos and private US aerospace …

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Mail.ru Group eyes Iranian market as ICQ gains popularity in the country

March 14, 2025

Unlike Yandex, which a few months ago declined government invites to enter the Iranian market, Mail.ru Group, a leading, LSE-listed Russian Internet group, is “engaged in a marketing investigation and research” of this market. In particular, young Iranians have shown great interest in ICQ, an international messenger service that belongs to the group, with about 35,000 users having already downloaded it, reports Sputnik. In an exchange with the online …

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How viral websites replace news media for Russia’s younger generation

April 28, 2016

Some of the Russian Internet’s biggest “entertainment websites” aren’t formally registered as media outlets, but for millions of young people they are trusted and beloved sources of news and information. Visitors populate these communities with their own “demotivators” and GIFs, often creating mashups and memes more popular than any articles or photo galleries published in …

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