Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

ABRT Venture Fund

Drimmi Secures Funding While Still in Stealth Mode

Posted Mon, 08/02/2010 - 18:21

Luxembourg's Mangrove Capital and Russia's ABRT Fund have recently made an investment in Drimmi, a Russian social gaming company. The investment is estimated at several million dollars in exchange for a 20% stake. Drimmi apparently intends to use the new funding for the development and launch of its inaugural products.

Second Round Nets Another USD 8 Million for KupiVip

Posted Fri, 27/03/2009 - 01:00

Russia's KupiVip.ru, an online shopping club specializing in discounted fashions and accessories, has raised USD 8 million in financing from investors Mangrove Capital Partners, Arlan, and ABRT Fund. The transaction increases the total investment the three companies have made in KupiVip.ru, adding to the USD 3 million deal put together last year.

KupiVIP Receives USD 18 million from Mangrove Capital & ABRT

Posted Fri, 31/10/2008 - 01:00

European investment group, Mangrove Capital Partners, along with Moscow-based ABRT Venture Fund and Arlan Investment Group have invested USD 18 million into online shopping club KupiVIP, operated by Privat Trade Ltd. The funds will assist the KupiVIP to establish itself in the untapped Russian market.

Entermedia Receives Investment from Mangrove Capital & ABRT

Posted Wed, 28/05/2008 - 00:00

European early stage investor, Mangrove Capital Partners, along with ABRT Venture Fund have announced a USD $1 million investment into Entermedia. The funding is aimed at helping support Entermedia's expansion into other language markets.