Quintura blog

Mangrove Capital, ABRT and AddVenture Invest $5 Million In HomeMe

admin — Wed, 16 May 2012 07:27:20 +0000

HomeMe, a Russian online shoppoing mall for home and living, has raised $5 million from Mangrove Capital, ABRT and AddVenture. Mangrove partner David Waroquier, who is on the Board of HomeMe, has confirmed the investment. According to RBC Daily, the venture capital funds Mangrove, ABRT and AddVenture have obtained a 40% stake in HomeMe. HomeMe.ru [...]

Mangrove Foundation Goes Global With Lotus F1

admin — Sat, 12 May 2012 15:39:23 +0000

It’s unusual when a venture capital firm supports charity projects. Mangrove Foundation, an initiative of Mangrove Capital Partners, supports two causes: environment and women empowerment. To go global, Mangrove Foundation has partnered with Lotus F1 Team for 2012 Formula 1 World Championship season. For the beginning, the logo of Mangrove Foundation features on the nose [...]

Internet Incubators Cash In: Fast Lane from VTB, Rocket from Access

admin — Thu, 10 May 2012 07:17:08 +0000

The internet business incubators are the new black. In April 2012, Russia’s VTB Capital and German Otto Group-backed eVenture Capital invested $25 million in Moscow-based internet business incubator Fast Lane Ventures. VTB Capital led the Series C round in Fast Lane with $18 million investment. Berlin-based internet business incubator Rocket Internet is getting some $200 [...]

Yuri Milner Named to Forbes Midas List 2012

admin — Thu, 03 May 2012 13:23:37 +0000

Yuri Milner has become the first Russian to be named to the Forbes Midas List for the second year in a row. Forbes named Yuri Milner #29 at the Midas List of 2012′s top 100 tech investors. Yuri Milner‘s firm DST Global has invested in social media companies Facebook, Zynga, Twitter and Groupon as well as in [...]

Avito.ru Raised $75 Million from Baring Vostok, Accel, Kinnevik and Northzone

admin — Wed, 02 May 2012 11:44:28 +0000

The largest Russian free online classifieds site Avito.ru has raised $75 million from Baring Vostok and Accel Partners. The previous investors Investment AB Kinnevik and Northzone Partners also participated in the round. The investmenet banking firm GP Bullhound advised Avito.ru. The new investment will be used for marketing purposes. Launched in 2007, Avito.ru raised $26 [...]