The corporate venture fund of MTS, a leading Russian mobile operator, is investing 125 million rubles (around $1.7 million at the current exchange rate) in personal finance app Coinkeeper. Coinkeeper claims 350,000 users all over the world whom it helps “make the right financial decisions” from expense forecasting, to advanced analytics, to the management of … MTS corporate fund invests in financial app Coinkeeper Read More Read more ›
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Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the US are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Chainalysis’ 2020 Global Crypto Adoption Index, released earlier this week, ranks 154 countries based on their cryptocurrency adoption. The crypto adoption index … Ukraine, Russia, South Africa, Nigeria top global cryptocurrency adoption ranking Read More Read more ›
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The Untitled, a Russian venture fund 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, … The Untitled aims to raise €50 million to bridge Eastern European startups with Western... Read more ›
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Mail.ru Group and Sberbank are increasing their stake in food delivery service Local Kitchen (‘Kukhnya na rayone’) through their joint venture O2O. After the acquisition of a 30% share in May for nearly $3.9 million, O2O is to own 84.7% of the company after deal completion scheduled for Q4 2020. Some of Local Kitchen’ services are … Mail.ru Group and Sberbank invest again in food delivery Read More Read more ›
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The companies Unilever Russia, Mars, Inc., Magnit, and Yandex Lavka have all pulled their advertisements from the YouTube show ‘Comment Out’ after a guest on the show was asked to make offensive social media posts about the ongoing protests in Belarus and Khabarovsk. The episode in question came out on August 31. It featured Russian singer Lolita … Advertisers drop YouTube comedy show over offensive jokes about protests in Belarus... Read more ›
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Yandex, the Russian Internet giant, is developing an international edtech platform to train data analysts, data scientists, web developers and other IT specialists. Dubbed ‘Practicum,’ the platform is touted as a “practice-oriented, job-landing bootcamp,” starting with a free 20-hour intro course. After initial roll out in Russia last year, the platform was made available in English, targeting the US … Yandex offers Russian and US students “a starter pack to... Read more ›
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Last week Mercuryo.io, a Russian-founded startup based in Estonia, announced the completion of its first round of funding, having received €2.5 million from Target Global. Mercuryo.io has built a cross-border payments network for businesses to send and receive payments using cryptocurrencies – from and to anywhere in the world. Its infrastructure offers solutions for virtual … Target Global bets on Russo-Estonian startup “to disrupt crypto payments” Read More Read more ›
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Confirming plans aired last year, Yandex and Uber yesterday announced agreements to spin off the self-driving vehicles business from Yandex.Taxi, their taxi-hailing and food tech joint venture. The spin-off, dubbed ‘Yandex Self Driving Group B.V.’ or ‘Yandex SDG,’ will be directly owned by Yandex and Uber. The NASDAQ-listed Russian Internet giant will invest $150 million in the new company, on top … Yandex and Uber form dedicated joint venture for... Read more ›
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Russian Internet users have shared the personal data of nearly every voter in Michigan (7.6 million of the state’s 7.8 million voters), as well as the information of another million voters in Arkansas, Connecticut, North Carolina, and Florida, according to the newspaper Kommersant. The data recently appeared on a Darknet forum, posted by a user nicknamed … Russian Darkweb shares personal data of nearly 9 million US voters Read More Read more ›
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While the USA and Western Europe are the most usual playing ground for VC funds with Russian connections, there are some exceptions. Digital Horizon, an investment company with offices in London, Moscow and Tel Aviv, announced an investment in Healthlane, an African startup providing healthcare services in Nigeria and Cameroon. Healthlane’s approach combines remote and face-to-face health … Digital Horizon invests in African healthcare startup Read More Read more ›
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Roskomnadzor, the Russian Internet and telecom regulator, has blocked popular Russian cryptocurrency exchange monitoring website Bestchange.ru for the third time. Bestchange.ru explained that it had been investigating how to unblock its domain but testing may take some time. This website, launched in 2007, is not restricted to just cryptocurrency. It helps users find the best offers online, including the … Russia blocks cryptocurrency websites ahead of regulation Read More Read more ›
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Last week, Yandex evacuated some its Belarusian employees to Russia following a police raid in its Minsk office amid the unrest in the city. According to the Russian search giant, the Belarusian police are seeking to seize user data, which has not been transferred to the authorities. On August 13, unidentified armed people came to … Yandex offices raided by police in Minsk, employees evacuated to Moscow Read More Read more ›
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iFarm, a startup founded in Siberia but now headquartered in Helsinki, Finland, has secured $4 million from an international pool of investors led by Gagarin Capital. This California-based VC firm had led a previous $1 million round in early 2019. iFarm’s turnkey solutions “enable anyone to grow fresh vegetables, berries, greens and edible flowers for … Russian-founded startup secures $4 million to spread high-tech farming across cities of the world... Read more ›
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VPN provider Surfshark has issued a research on the “digital quality of life” (DQL) across 85 countries of the world. The study reveals the factors that have the greatest impact on “digital well-being” and which areas should be prioritized to improving a country’s potential. The countries covered – which account for 6.3 billion people, or 81% of the global … Report: Russia ranks 42nd for ‘digital qualify of life’ Read... Read more ›
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Rusnano, the Russian state-controlled nanotechnology corporation, has created a 4 billion fund (around $53 million) to invest in digital technologies. Half of this amount came from state coffers as part of a national program to develop Russia’s digital economy, reported industry publication CNews.ru. Starting from the end of this year, under plans, the fund will … Rusnano to invest more than $50 million in digital technologies Read More Read more ›
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Last week Skolkovo, the international tech hub on the outskirts of Moscow, announced the launch of GreenTech Startup Booster, presenting it as a first in Russia. The program is intended for companies or teams with ready-made products or prototypes of solutions that tackle environmental issues. Skolkovo expects “over 500 applicants” Six themes are covered: reducing … Skolkovo launches green tech accelerator with support from major Russian and international partners Read... Read more ›
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Can artificial intelligence and machine learning help mankind address diseases related to ageing, and delay mortality? Gero, a Singaporean company with Russian roots, is a pioneer in this biological and technological endeavour. It has just secured $2.2 million in a Series A round led by Belarusian fund Bulba Ventures. The startup has teamed up with … In Singapore, a Russian-born startup uses AI to penetrate the mysteries of human longevity... Read more ›
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Business Insider
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Tech Wire Asia
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15% 9 |
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7% 4 |
Eurogamer.net
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6% 1 |
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28.11.2024 02:49
Last update: 02:40 EDT.
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