Last year, Yandex started its domestic seed investment program, Yandex.Factory.

Yandex, a Russia-based search engine, has invested in start-up accelerator Seedcamp’s second €5m ($7m) fund, according to news provider The Next Web.

Current Seedcamp portfolio startups include Vox.io, Milk.ly, Mopapp, Erply, TransferWise, Holvi and Checkthis.

Last year, Yandex started its domestic seed investment program, Yandex.Factory.