The cyber-war between participants of the Russian-Ukrainian conflict carries on. Yesterday evening hackers posted an anti-Russian message on the webpage of the Russian State Duma’s Committee on Regional Politics and Problems with the North and Far East, on behalf of Russian Communist Party member Nikolay Kharitonov.
The message was about how “all of the power of the empire known as the Russian Federation is totally based on alcoholism, fear, and cowardice.”
Yevgen Sysoyev and Eugene Leng, partners of Ukrainian VC fundAVentures Capital have led the working group that prepared a proposal for Ukrainian government to boost its innovation industry called Strategic National Project “Innovation Ukraine”.
In an open letter, which also included names of the working group members – representatives of Internet, Outsourcing and IT community of Ukraine, a number of possible steps are proposed to improve conditions for new industry in Ukraine.
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 Gazeta.
The Crimean region’s only startup accelerator Ant-Lab, located in Sevastopol, recently closed its doors because the owner did not want to be taken over by Russia, according to Ant-Lab owner Igor Petrov.
Petrov was in the middle of packing up to move to Kiev when contacted by Geektime and he told us that a Russian takeover would be bad for business so Ant-Lab stopped all the work on its startups.
“Sorry that I write short. I’m busy right now pack bags,” he wrote in an email.
Hackers have taken down several Russian media website in the past week and alleged attacks on defense infrastructure in response to Russia’s actions in Ukraine.
Among the latest victims, on March 7, was the website of Rossiyskaya Gazeta, one of the largest Russian dailies, the paper of record of the Russian government, and the parent company of RBTH. The website was taken offline by cyber terrorists with its title on Google changed to “pwned by CyberMaidan.”
The French search engine for car-sharing BlaBlaCar has taken over the Ukrainian site Podorozhniki, in order to enter the Russian and Ukrainian market. The cost of the deal has not been disclosed, as was the case with the expansion in Italy and Spain, but the Podorozhniki site is no longer available and all of its accounts have now transferred over to BlaBlaCar.
At the time of the deal there were around 30 thousand users registered on the Ukrainian site, and approximately half of them were living in Russia.
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 built Keen.
“Keen capitalizes on the fast growing web-to-print market that is already measured at $141 billion of the total $640 billion print market and growing. The industry includes everything from business cards and brochures to posters and car wraps to apparel and packaging. Almost that entire business is highly time sensitive and therefore is driven by the hundreds of thousands of local shops – shipping is very expensive,” said Golomb.
Earlier this month, the Moscow-based management company Flint Management launched a venture fund dedicating to developing e-commerce in Ukraine. This move comes just weeks after the company announced the creation of Flint Capital, a $35 million fund with a large high tech investment focus in Russia and Ukraine.
Christened ‘Bull Ventures,’ the new fund has $10 million of committed capital at the time of first closing, but its managers told East-West Digital News that they target no less than $40 million. The new fund’s LPs include “Russian and Ukrainian individual and institutional investors from the financial, logistics, media, IT and retail sectors.”