Russia's Sputnik Group and ONEXIM have joined together to provide series A funding to Witology, a technology startup developing new ways of using social networking to solve problems. The two investors will provide USD 5 million which will allow Witology to continue research and development, carry the project through beta testing, and eventually launch their platform. As a result of the deal, Sputnik will control 8.94% while ONEXIM's share will be 41%. The remaining 50.06% will remain with Witology founders Alexander Oslon and Sergey Karelov.

American investment firm General Atlantic joins the company of a very small number of foreign investors who have taken on Russian projects, with the recent announcement regarding the acquisition of a significant stake in Kaspersky Lab. General Atlantic has acquired a 20% stake in the company for an amount that could be as high as USD 200 million. With the completion of the transaction they will be the second-largest shareholder after CEO Eugene Kaspersky, who owns 50%.

Plastic Logic, a U.S.-based electronics technology company, announced an investment deal in November 2010 which would give the Russian Corporation of Nanotechnologies (RUSNANO) a 25% stake in the company. The value of RUSNANO's investment was recently revealed to be USD 150 million.

In a move that strengthens its position in the Russian-speaking Internet market, Yandex has acquired Web analytics startup WebVisor at a cost of ca. $0.5 million. Yandex made the deal with the startup's owner, Visor Ltd., after WebVisor attended the Yandex.Start program. The program was initiated by Yandex last year as a means of giving promising technology startups the opportunity to join them.

The Macquarie Renaissance Infrastructure Fund (MRIF), a joint venture between Macquarie Bank and Renaissance Capital, has announced its first investment in Russia's Brunswick rail. The deal is worth USD 125 million in combined equity and mezzanine debt, and will see MRIF gain a seat on the Brunswick board and a 16% interest in the company. International Finance Corporation has also contributed equity financing of USD $25 million along with an unknown investment from UFG Asset Management.