Flirtic Raises Funding From Almaz Capital
The news today and this week seem to be all about Estonia and for a great reason too! Flirtic, another Estonain company is flying high - they have raised funding from Almaz Capital, a Russian VC firm. Flirtic is a new approach to online dating. It borrows a lot from social networks in terms of usability, but puts all this into an online dating context.
CuteFund Re-Invents Mutual Funds
CuteFund is a new Estonian start-up that is trying to reinvent mutual funds - in a nutshell. CuteFund is founded by Andrei Korobeinik, the founder of Rate.ee, one of the most popular Estonian startups. Andrei sold Rate.ee to EMT some time ago and decided to invest his money into stocks. Andrei realised however that investing into stocks through fund managers wasn't very interesting. Based on this, he decided to found CuteFund - an investment fund run by the community.
