Sber500 Accepts Third Batch Entries
Sber and 500 Startups are launching the third batch of Sber500, its international IT startup accelerator.
Russia
ASOdesk Raises $1M in Funding
ASOdesk, a Moscow, Russia-based company that is focused on helping app developers make their mobile apps more discoverable in both the iOS and Android app stores, raised $1M in funding.
RTP Global Launches $650M Early-Stage Fund
RTP Global, a global venture capital firm focused on early-stage technology investments, is launching a $650M fund.
DaVinci Capital Receives €30M Investment from DEG from Fund III
Da Vinci Capital Technology Fund III received a €30m investment from German development finance institution DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH.
Orange Fab Expands in Russia
Orange Fab, the Orange Group (Euronext Paris: ORA / New York Stock Exchange: ORAN)’s international accelerator for startups, has launched in Russia.
Emerging Travel Group Raises $10M in Funding
Emerging Travel Group, a Russian online travel group that operates in over 100 source markets, closed a $10M financing round.
Central Bank of Russia Confirms Oleg Boyko’s Reliable Business Reputation
According to the announcement made by a major Russian financial regulatory body, the Central Bank has confirmed its view that Oleg Boyko is a reliable businessman, in full accordance with the standards of federal law 281.
DAO.Casino Blockchain TestNet 1.0 Release
DAO.Casino is both pleased and excited to announce the launch of the TestNet 1.0 of its Blockchain project.
Bank of Russia’s Order to International Businessman Caused by Incorrect Information Provided to Regulator, Investment Group Says
Oleg Boyko, international businessman and investor, has been given instructions from the Central Bank challenging his right to indirectly control more than 10% of the shares in two Russian companies, which are included in the state register of microfinance organizations.
DXC Technology to Acquire Luxoft, for $2 Billion
DXC Technology (NYSE: DXC), an end-to-end IT services company, is to acquire Luxoft Holding, Inc. (NYSE: LXFT), a global-scale digital innovator with differentiated offerings.
Vostok Project Secures $120M in First Funding
The Vostok project, a part of Waves Platform focused on implementation of Waves technologies in enterprise and government IT-systems, has secured a USD120m funding.
Russian Fitness Group Receives Investment from RDIF & Mubadala
Russian Fitness Group (RFG), which manages a large chain of fitness clubs in Russia under the ‘World Class’ brand, received an investment from the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, Abu Dhabi’s Mubadala Investment Company, and other Middle Eastern investment funds.
Venture Capital Firm ru-Net Rebrands as RTP Global
ru-Net, the international early stage investment and venture capital firm founded by Leonid Boguslavsky, is rebranding as RTP Global.
VR Startup Fibrum Raises $1M in Funding
Fibrum, a Moscow, Russia-based developer, publisher, and distributor of VR content, raised $1m in funding.
Online Tasking Platform YouDo.com Raises $17M
YouDo.com, a Moscow, Russia-based online service for people to find professionals to perform their private or business-related tasks, raised $17m in funding.