The European online restaurant reservation service LaFourchette announced that it has raised €8 million ($10.5 million) from Serena Capital and Partech at a valuation of more than €50 million ($65.8 million). This funding will be used to consolidate its leading position in Europe. New country-specific websites are said to launch soon.
Restaurant reservations online are still new in Europe. → Read More
Russia was once known for its undying adoration for all things French back in the day, and a century and a half later you could argue that some of that spark is still hanging around. New Generation Investment, the Russian VC firm part-owned by Leonid Reiman, former Minister of Communications and Information Technologies, has announced that it would like to start investing into the startup scene in… → Read More