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Between business travels and The Pirate Summit I am short on blogging hours, so here are very compressed news of the past week….

Deal flow

The largest deal flow this week comes from Russia.

LaModa (Rocket Internet’s adaptation of Zalando platform for the Russian market) received between $40 and $80 million from JP Morgan and others.

Russian online travel site OneTwoTrip raised $9 million from Phenomen Ventures. Its founder Peter Kutis has previously created AnywayAnyday which according to some sources is considering IPO, and has revenue of $200 million+ per annum.

Russian online education network from schools Dnevnik raised $5 million from Runa Capital.

Russian Mail.ru Group acquired Ukrainian mail service Mail.ua (in Russian).

We also have a seed round investment in Belarus, although much smaller in comparison. The Fenox IT (owned by AVI Investment Company), acquired a minority equity stake for $20,000 in Likez.ru (Russian language 9gags with Pinterest design).

Ukrainian TA Venture invested in a personalized lingerie shopping website AdoreMe. The size of investment was not disclosed. The users have to complete a questionnaire before they are offered personalized recommendations (if it is anything like Shoedazzle, the users will be asked to register to get the recommendations, a brilliant way to build a user base).

According to some reports, Naspers bought 70 percent of Romanian ecommerce site eMag.ro for 100 million Euro. eMag.ro is Rumania’s biggest online retailer. I will have details about the deal today. This hopefully means that the new source of angel investments will become available to Romanian Internet entrepreneurs.

Russian cloud service aggregator StartPack, and Skolkovo resident, raised an undisclosed amount of funding from a strategic investor Inoventica (in Russian). The company allows businesses manage access and billing of cloud services from a single interface.

Launches and product releases

In Armenia, a new venture fund was launched. It will put $40 million into the tech companies in Georgia, Armenia and Azerbaijan according to the Armenian press.

Polish Booklikes, a place to store book information as well as to recommend and buy them, informed us that its website was redesigned.

Latvian infographics startup Infogr.am released a new version.

News Reviews

Russian Amazon Ozon.ru was covered by TechCrunch.

Polish / German search engine for apps Xyologic was covered by TechCrunch. Polish Filestube also offers extensive mobile app search, and the Lithuanian GetJar is a cross-platform app marketplace. Iddiction, whose Slovenian founder Andrej Nabergoj raised $3 million late last year, is also aiming to solve app discovery problem, but is still under the radar.

The founder of Romanian software download website Soft32 Lucian Todea was interviewed by the Romanian tech publication DasCloud (in Romanian).

Russian mobile app for grocery shopping Buy Me a Pie was covered by TechCrunch.

Estonia made it to the Wired, GigaOm and many other publications with a story of pushing programming into school as early as the first grade. However,  in his publish Facebook post Allan Martinson, the Estonian entrepreneur and investor commented that these are rather there is more discussion rather than substance in this ambition, based on his discussions with the government.

Mail.ru released its financial results for the first half of 2012 (in Russian), reporting 66 percent increase in net profit.

The CEO of Fast Lane Ventures Marina Treschova was interviewed by Russian Forbes.

Now it’s time to pack and drive off to the European Pirate Summit, which takes place today in Cologne, Germany.

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