Notable moves Jan 21: Negev Capital’s psychedelics fund, Romanian food waste app

> Negev Capital, an early stage VC fund specializing in psychedelics, closed its fund one at $30 million in commitments. Negev Capital’s Partner Ken Belotsky said they saw “full subscription well ahead of expected timelines.” (Source: Negev Capital)

> VTB Capital Investments acquired a 23.33% stake in Moscow-based Ventra Go, a temporary employment platform in a $9.14 million transaction.  The company will use the funding to develop its platform and expand to the regions. (Source: ICT Moscow)

>, a Romanian startup launched in November to combat food wate, raised $907,000 (€800,000) to expand throughout Eastern Europe. The company’s app allows users to purchase food that is about to expire as a steep discount from local retailers. (Source: Business Review)

> RTP Global, which invested early in Yandex and Ozon, participated in the European investment platform Koia’s ​​$1.4 pre-seed round led by Seecamp. Koia allows access to alternative assets like rare whiskeys and wines, saying its mission is to “break down barriers of entry and let anyone own a piece of an iconic asset previously only accessible to the wealthiest 1%.” (Source: Koia)

> DST Global and RTP Global participate in Series B of India’s “first and largest earned wage access platform.” Refyne’s $82 million round was led by Tiger Global. Both DST and RTP Global participated in the company’s Series A round last year. Refyne helps employers manage their money. (Source: TechCrunch)

> Russia’s Ministry of Science and Higher Education of the Russian Federation is looking to subsidize creation of 15 university-based startup studios through the Rosnano Group’s education fund. The $58 million grant would support the launch of the startup centers over the next two years. (Source:

Add comment