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New Russian fund Genezis Capital to invest up to $20m in startups across the globe

New Russian fund Genezis Capital to invest up to $20m in startups across the globe

Adrien Henni March 20, 2013 1

Maxim Shekhovtsov and Alexander Zhurba – founders of TexDrive, one of Moscow’s largest startup accelerators and a member of the Global Accelerators Network – have announced the creation of a fund, Genezis Capital, dedicated primarily to

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Zalando raises €40.7m debt financing from German banks

Zalando raises €40.7m debt financing from German banks

Nina Fowler October 1, 2012 4

Zalando today announced the close of a €40.7million debt-financing deal with Commerzbank, Sparkasse Mittelthüringen and German government-owned development bank KfW Bankengruppe. It’s no surprise the fast-growing online fashion retailer needs extra cash. In 2011, Zalando reported

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Codecademy secures $10 million from Index Ventures, Kleiner Perkins, Richard Branson, Yuri Milner, Union Square Ventures

Codecademy secures $10 million from Index Ventures, Kleiner Perkins, Richard Branson, Yuri Milner, Union Square Ventures

Nina Fowler June 19, 2012 4

Codecademy, the simple, free, teach-yourself-coding platform now used by millions worldwide, just secured a fresh $10 million of funding led by Index Ventures, joined by Kleiner Perkins, Fred Wilson’s Union Square Ventures, and billionaire

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Ashton Kutcher, Yuri Milner team up behind couples’ app Pair

Ashton Kutcher, Yuri Milner team up behind couples’ app Pair

Nina Fowler May 3, 2012 4

We’ve written quite a bit recently about Pair, the hot new social network for couples. Some of our headline-worthy investors in Berlin tech companies think it’s pretty hot too. In case you missed it, Ashton

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Zalando plans summer spending spree

Zalando plans summer spending spree

Nina Fowler April 19, 2012 5

Online retailer Zalando will spend another €70 million on its new logistics centre in home base Germany – and may be planning expansion into Poland, Spain and Belgium. Zalando this week announced a €70

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How to become a billionaire – leaked DST document reveals secrets of Yuri Milner’s colossal internet success

How to become a billionaire – leaked DST document reveals secrets of Yuri Milner’s colossal internet success

Linsey Fryatt March 15, 2012 11

Facebook, Twitter, Groupon, Spotify, Zynga – How did Yuri Milner, helming investment behemoth DST (Digital Sky Technologies), manage to back internet winners all the way to the bank? How did the Russian outsider manage

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Milner backs out: Samwer strategy threatened by damaged reputation?

Milner backs out: Samwer strategy threatened by damaged reputation?

Marguerite Imbert February 7, 2012 3

Based on recent developments in the public perception of the Samwer brothers (after hit singles and countless tales of aggressive management), Yuri Milner reports he is backing away from the Rocket orbit. Now Rocket Internet’s

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Yuri Milner invests in Zalando: Laying the ground for an Eastern European rollout?

Yuri Milner invests in Zalando: Laying the ground for an Eastern European rollout?

Marguerite Imbert February 3, 2012 6

Yesterday Russian VC and Facebook shareholder Yuri Milner announced that his company DST Global will take a direct minority 4 per cent stake in the German online clothing retailer Zalando for an undisclosed sum, joining the Samwer brothers (also early Facebook

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