Oct 10, 2013 | Central & Eastern Europe, News
Washington, D.C. October 08, 2013 A total of 87 applicants from more than 30 cities across Russia sought to land one of just three residency openings in the U.S.-Russia Innovation Corridor (USRIC), a collaborative innovation initiative led by American Councils for...
Oct 10, 2013 | Central & Eastern Europe, News
Do you think that in the eyes of Western creative workers, Russia is the birthplace of bears, Skolkovo start-ups and falling rocket projects that change the world? You will be disappointed – the campaign, which in its first week exceeded the request for Kickstarter...
Sep 30, 2013 | Central & Eastern Europe, News
TechCrunch Berlin’s Rocket Internet has of late made a big business out of incubating and growing e-commerce startups in emerging markets, far away from the U.S. where the competitive field is much more crowded. But today comes news of a funding round for portfolio...
Sep 26, 2013 | Central & Eastern Europe, News
TechCrunch Sept 26 A spot of consolidation in the Russian online health services space today. Health advice portal VitaPortal, which raised a $2 million Series A last October from Prostor Capital and Esther Dyson, has merged with ZdorovieOnline.ru, a smaller medical...
Sep 24, 2013 | Central & Eastern Europe, News
New York Times Sept 24 MOSCOW — A Russian government-owned conglomerate announced plans on Monday to sell to two private investors just under half of the company that makes Kalashnikov assault rifles. The company, Izhevsk Machine Works, has made AK-47s, which are the...
Sep 13, 2013 | Central & Eastern Europe, News
East-West Digital News Russian venture fund Prostor Capital has just invested $500,000 in Penxy, a Moscow-based startup that allows presenters to create “narrated slide shows.” The Penxy iOS app, which was released this past June, allows for one-tap streaming and...
