If you thought the investment landscape was drab and dreary, how about a mash-up between Facebook and Farmville? Farmeron, a Croatian company developing software for keeping profiles of farm animals, has just bagged a round of investment from 500 Startups. The company’s web-based farm management application helped them be a finalist at this year’s Seedcamp [...]
Archive | Venture Capital & Start Up RSS feed for this section
Hungarian Promo App Company Antavo Gets Seedcamp Investment
15/05/2012
Comments Off
After reviewing Antavo during the Seedcamp event in Tel Aviv on March 29, the early-stage mentoring and investment program has invested into the online marketing applications company that is based in Hungary. Of the seven members of Antavo, three of them have already set up operations in London with the hope of finding partners to [...]
Blavatnik Injects US $200 Mln Into Rocket Internet
15/05/2012
Comments Off
The Samwer brothers’ now famous Berlin incubator, Rocket Internet, has bagged a whopping USD 200 mln in funding from Russian-American billionaire Len Blavatnik. With that investment, Blavatnik’s Access Industries will now be the second largest investor in Rocket Internet, after Swedish investment house Kinnevik’s recent Eur 300 mln that was pumped in during the last [...]
Vox.io – the next Skype?
11/05/2012
Comments Off
Europe has already given us one great VoIP company – Skype, but it looks like European market seems to be interested in giving us more. One of the sexiest entrants to this crowded VoIP game is Vox.io. It is a Slovenia based VoIP company that makes phone calling highly social. Currently it has a web [...]
Lingibli – what do you want to learn today?
10/05/2012
Comments Off
How often do you find yourselves in a foreign nation and find wanting to speak in the local tongue? As travel frequency increases in an increasingly compressed world, there is a definite market to help the travels picking up a few commonly used phrases and words in the local language. This is what the Bratilsava, [...]
Prezi – Powerful way to create presentations
09/05/2012
Comments Off
Are you sick and tired of Powerpoint? It is quite possible that you are. In the decade and a half since it came out, Powerpoint has been heavily overused, beating most corporate meetings to death and made presentations and talks into dull and boring affairs. However, a few startups are fighting to save you from [...]
iTraff Receives Second Round Funding From Innovation Nest And Private Investors
16/04/2012
Comments Off
Krakow-based VC firm Innovation Nest has invested close to EUR 500,000 in iTraff, the mobile applications developer that gave the world SaveUp, an image recognition app. Co-investors in this second round of funding were angel investors Rafal Han, CEO and co-founder of educational games developer HanBright, and Stephane Senkowski. The current estimated value of the [...]
German-Russian Biomedical Companies Hepatera And MYR Receive Monetary Booster
12/04/2012
Comments Off
In a joint funding venture by German and Russian entities, Hepatera, a Russian pharmaceutical start up that makes liver treatment and disease prevention drugs, as well as its partner, German company MYR, have received funding from top German VC firm High-Tech Gründerfonds, as well as Russian Venture Capital (via its Maxwell Biotech Venture Fund). The investment will [...]
Polish VC Fund hardGAMMA Uses Springboard To Tap London Start-ups
04/04/2012
Comments Off
Polish early-stage VC fund hardGAMMA has grabbed the opportunity to invest in Springboard, a start-up accelerator program based in London. The investment made in the program is a part of hardGAMMA’s long-term vision to be a major player on the European start-up scenario, and will give them front-row access to invest early in London start-up [...]
VentureConnect Boasts Of Successful Funding For BITTNET Systems Romania
03/04/2012
Comments Off
Romanian entrepreneur-VC meeting platform VentureConnect has recently showcased a success story with local network training leader, BITTNET Systems. After participating in the November 2011 VentureConnect program, BITTNET successfully garnered a 24 percent equity sale to Mr. Razvan Capatina, a 10-year veteran of the marketing and advertising industry. The investment will be used to further extend [...]
Afisha Rambler invests in Russian online event management solutions provider Timepad
08/03/2012
Comments Off
Russian tech startup TimePad has secured new funding Afisha Rambler for expanding business operations. TimePad develops online tools for event management companies that include ticket sales, web registration and attendance management. Launched in 2008, TimePad has already signed up 5000 training and event management companies and charges 9 percent for every ticket sold.
Mangrove Capital picks up stake in Danish startup Evertale APS
05/03/2012
Comments Off
Copenhagen-based tech startup Evertale APS has secured seed funding from VC firm Mangrove Capital. The funding will be used to develop apps for different operating systems and take the present Android-based version beyond the beta stage. Evertale (evertale.com) Evertale is a smart application that captures the user’s physical movements, calls, images and other details automatically [...]
VTB Capital leads USD 7.5 million investment round in cloud computing firm Eccentex
01/03/2012
Comments Off
California-based cloud computing firm Eccentex has secured USD 7.5 million in Series-A funding from a group of investors led by Russian investment company VTB Capital. Eccentex will use the money to expand the company’s operations in new geographies and continue developing case management capabilities for a broad set of industries. The investment was made by [...]
TRPE Spins Off From Rhea, To Focus On Turkey
27/02/2012
Comments Off
New Turkish PE fund TRPE Capital has been spun off from Rhea Asset Management in a bid to invest into Turkey’s key markets. The primary focus is to be on technology, business services and healthcare. Though the company will continue to service its existing portfolio of companies acquired while with Rhea, the investment focus will [...]
StartupYard’s Proactify Gets 40k Seed Funding
29/11/2011
Comments Off
The Czech Republic’s StartupYard, a startup accelerator program, has received a second round of seed funding for one of its teams – Proactify.
Day One Capital launches first fund
08/09/2011
Comments Off
Day One Capital, the very first angel fund to operate in Hungary, has begun to offer certificates on September 6, 2011 and will continue to offer them until September 30, 2011. Certificates are valued at HUF 15 million each. This is a six year fund that will aim its investments at IT, Internet, telecom, finance, [...]
Access Industries and Founders of GetTaxi.com Raise $9.5 Million For Expansion
11/08/2011
Comments Off
Access Industries has recently posted nearly all of the $9.5 million raised by GetTaxi in a recent round of funding. It is believed that the founder of Get Taxi, Shahar Smirin accounted for the remainder of the funding. Get Taxi (www.gettaxi.com) Get Taxi was originally founded in 2010, operating in Tel-Aviv, Israel as a taxi [...]
Credo Ventures Leads Financing Round In Beepl
08/08/2011
Comments Off
Credo Ventures has led a six-figure investment into Beepl, a new expertise platform technology company. Credo Ventures targets early-development Internet or IT companies in the Central Eastern Europe (CEE) region. This investment is considered seed money for product development and launching. Beepl (www.beepl.com) Beepl was established in April 2011, with Steve O’Hear, formally of Tech [...]
Another $1.5b Raised by China’s 360buy.com
04/04/2011
Comments Off
China’s online electronics dealer, 360buy.com, has just completed an extraordinary round of financing to the tune of USD 1.5 billion. The fundraising effort involves a group of investors including Russia’s DST, which contributed USD 500 million on its own. 360buy.com reported USD 500 million in funding last December from a list of investors that allegedly [...]
Angles Help Fund Babyboom.ru
16/03/2011
Comments Off
A group of Western self-styled “Super Angels” has recently been pursuing Russian deals rather aggressively, to the extent that they are realizing success against competitors like a ABRT, Forsight Ventures, and Runa Capital. Their latest deal involves the funding of Babyboom.ru, a Russian version of Diapers.com which Amazon just purchased for USD 500 million last [...]



17/05/2012
Comments Off