Russian search engine Yandex launches early stage startup investment program
Russian search giantYandexhas today announcedYandex.Factory, a new investment program aimed at startups in the CIS region of Europe. The scheme will finance startups with seed or early stage funds with sums of up to “Hundreds of thousands of US dollars.” The company says that it is looking to invest in the development of products which it may like to acquire at a later date, but also says “Not everything in this world can be bought....