Russmedia Equity Partners completed the acquisition of a 51% stake in calimoto.

Russmedia Equity Partners, an investor, completed the acquisition of a 51% stake in calimoto, a navigation app for motorcyclists. Financial terms were not disclosed. “We are thrilled to be part of the RMEP portfolio and are happy to found a partner who also focuses on digital community platforms. Together we will continue our way to build the worldwide leading community and navigation app for motorcyclists," Sebastian Dambeck, calimoto Founder.