Startups

Russia seeks to develop startup industry in Crimea

The Internet Initiatives Development Fund (IIDF, or FRII in Russian), a government-backed fund supporting startup development, will open a remote regional accelerator in Sevastopol, Crimea, as soon as this summer, the Russian business daily Kommersant reported last week. The fund is expecting to support five to seven projects, which will be evaluated on the local and national levels. Funding …

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Coppertino raises $500,000 from AVentures, TA Venture and Torben Majgaard

Coppertino, a Los Angeles-based startup with Ukrainian origins, announced today that it has raised half a million dollars at an undisclosed valuation from leading Ukrainian investment firms AVentures and TA Venture as well as from Torben Majgaard, the Danish founder of Ukrainian IT-outsourcing company Ciklum. Founded in 2011 by Petro Bondarevskyi and Ivan Ablamskyi, Coppertino has maintained its R&D …

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Ukraine’s TA Venture and Russia’s ABRT team up to invest in UK startup Zesty

Zesty, a London-based service for booking medical appointments online, announced today that it has obtained $2 million in funding at an undisclosed valuation from Ukrainian VC TA Venture and Russian VC ABRT Fund. The company – which was backed at the seed stage by Luxembourg-based VC Mangrove Capital Partners, – says that it will use the new …

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Polish government announces $100 million fund to support Ukrainian small companies

Poland is to put $100 million (300 million zloty) into supporting small Ukrainian companies, which will obviously include tech companies by implication, and allow more Ukrainian companies to list on its stock exchange. “We do this to support the new Ukrainian industry, new business and build a new middle class,” President Bronislaw Komorowski told Polish newspaper …

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Keen raises $1.625 million to create a support system for complex printing projects

Vitaly M. Golomb is taking on a decidedly unsexy incumbent market: the printing industry. While the rest of us are ebooks this and PDFs that, millions of dollars are changing hands in order to print out signs, brochures, and other collateral. But that world of offsets and ink is still primitive, which is why Golomb …

Keen raises $1.625 million to create a support system for complex printing projects Read More

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