Online guide to the Russian tech market
Sberbank invests $8m in US banking app Moven
Sberbank invests $8m in US banking app Moven
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The round, which takes total investment in Moven past $12m, was led by Sberbank's investment arm SBT.

Moscow accelerator FRII invests $450k in two resident projects
Moscow accelerator FRII invests $450k in two resident projects
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Language learning app Easy Ten and wifi-based advertising service Hot Wifi have just completed 3 months at FRII

AddVenture and Moscow Seed Fund invest 300k in ChefMarket
AddVenture and Moscow Seed Fund invest 300k in ChefMarket
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This investment in the bespoke food delivery service comes in the same week that AddVenture exited Delivery Club.

Russian yellow pages service Yell raises $11m
Russian yellow pages service Yell raises $11m
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The money comes from Swedish funds Vostok Nafta and Kinnevik.

TMT Investments injects $250k into ‘internet of everything’ startup Weaved
TMT Investments injects $250k into ‘internet of everything’ startup Weaved
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The California-based project previously raised investment from Maxfield Capital

Hotel booking service Ostrovok raises another $12 million
Hotel booking service Ostrovok raises another $12 million
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The round, which was led by Vaizra Capital, takes the total invested in the project past $50 million. 

Putin-sponsored fund FRII invests $1.3m in Knopka Zhizni
Putin-sponsored fund FRII invests $1.3m in Knopka Zhizni
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This is the second round of investment for the project, which has created an emergency call system for the elderly.

Yandex to buy top motoring site auto.ru for $175m
Yandex to buy top motoring site auto.ru for $175m
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The acquisition should help Russia's most popular search engine to improve its response to motoring-related queries.

$300k for children's iPad library KidBook
$300k for children's iPad library KidBook
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The money will be used to create more books and develop the project's publishing platform.

iBuildApp raises another $200k
iBuildApp raises another $200k
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The project, which allows clients to build and manage mobile apps, has now raised almost $2 million.

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