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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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Joint initiative from AUA and NVIDIA!

From December 1-4, we challenge you to record short excerpts and validate submitted speech in Armenian as a part of the Armenian Language Speech to Text Data Collection Challenge, an initiative powered by AUA and NVIDIA.

Read the steps and learn how to start.
1. Register on the Mozilla Common Voice website, the largest open voice dataset: https://lnkd.in/eSqZMRXf
2. Complete the speech recording and validating tasks in ARMENIAN from December 1-4.
3. Submit the screenshot of your contributions statistics from dashboard by December 4 at 08:00 via the following link: https://lnkd.in/e3c2HvSG

💯Get the chance to WIN one of the incredible gifts from NVIDIA.

If you want to learn more about the challenge, join us on December 1 at 15:00 at AUA or read more on our website: https://lnkd.in/ek55VK_E

Join our movement, contribute your voice to Common Voice, and help to make Voice AI work for everyone! 🗣

https://t.me/threenstartups

#aua #nvidia #commonvoice #mozillachallenge
A good week should be started with a good news!

DraperX, led by Co-Founder & CEO Hambardzum Kaghketsyan announced acquisition of Draper Round Table.

DraperX is a syndication platform, which offers family offices the ability to invest directly in highly vetted deals alongside Draper and 150+ select funds.

Draper Round Table is a web3 deals syndication platform backed by Silicon Valley investor and Bitcoin whale, Tim Draper, along with NBA All-Star Baron Davis.

Ham jan, congrats to you, DraperX and Draper Round Table teams on this achievement!

https://t.me/threenstartups

#draperx #draperroundtable #acquisition #successstory
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HeroHouse organizes a meeting with Dr. Hayk Kupelyants. The topic of the event is mastering the Art of Dispute Resolution in Start-up Contracts.

Join to the event to
- Learn how to handle legal issues in startup contracts.
- Understand and handle dispute resolution clauses
- Identify and manage legal risks effectively
- Negotiate better terms to protect your startup interests

Date: December 6th 6:30 PM
Speaker: Haik Kupelnyants, a seasoned expert in startup legalities
Book your spot here: https://lu.ma/9avjwbin

https://t.me/threenstartups

#herohouse #meetup #legal #haykkupelyants
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Manot is live on Product Hunt!

An insight management platform for computer vision model performance. Manot pinpoints where, how, and why computer vision models fail. It accelerates model refinement and redeployment processes by 10x, boosts accuracy by 20%, and reduces costs by 32%.

Let's support the startup by upvoting, commenting, and sharing news about their Product Hunt launch.

https://www.producthunt.com/posts/manot-2

Manot is one of the few woman-led startups founded by Chinar Movsisyan - one of the most goal oriented, strong and visionary founders I met in Armenia so far. So, community support is more than welcome. Chinar jan, good luck with the launch!

#manot #manot2 #producthunt #upvote #share #comment #callforcommunitysupport #successstory
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IMAST: The first micro-donations app has already launched in Armenia

IMAST is a micro-donations application, initiated by social entrepreneur and repatriate Hayk Ayrapetyan.

The app is safe for its donors and their donations. It serves as a fundraising platform for verified and trusted nonprofit organizations, enabling them to launch fundraisers, collect one-time donations, and attract recurring donors from Armenia and the Diaspora.

IMAST is a nonprofit organization that partners only with charitable organizations that undergo rigorous legal and financial screening conducted by independent third-party auditors. This screening process ensures that every donation is used effectively to fulfill its intended purpose.

Download the app!

#imast #socialentrepreneurship #microdonation #diaspora #callforcommunitysupport #successstory
Great event from Ground Zero Specialty Coffee - the first venture café in Armenia and the region.

Fusing Ice and Ambition: Business and Psychology Lessons on Leadership, Strategy, and Success with Vadim Guskov, the head coach of the 🇦🇲 Armenian National Hockey team.

Explore the dynamic synergy of sports, business, mental state and leadership. Learn firsthand how maintaining a resilient mental state, a crucial skill for any hockey player, translates into becoming a strong and effective leader in the business world.

Vadim Guskov is the former professional ice hockey player with 12 years of coaching experience, and 7 years as a business owner.

Hurry up to book your spot here: https://www.eventbrite.com/e/fusing-ice-and-ambition-business-and-psychology-lessons-on-leadership-strategy-and-success-tickets-770815127797

https://t.me/threenstartups

#groundzero #venturecafe #community #mentalhealth #leadership #business #strategy
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Gecko Robotics, lead by the Co-Founder & CEO Jack Loosararian announced raising $100 Million to Extend its Series C Funding Enabling Major Growth in its Defense Business.

Since the initial Series C announcement, Gecko has experienced a major increase in demand from both the U.S. military and its allies.

Gecko signed a contract with the U.S. Air Force to help with the modernization of strategic nuclear missile silos, and has continued to expand its work with the U.S. Navy to help increase the speed of maintenance cycles for the surface fleet.

Congrats to Gecko Robotics team 🔥

https://t.me/threenstartups

#geckorobotics #investment #seriesc #successstory
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Seaside Startup Summit just announced calls for startup applications to participate in Seaside Startup Summit n UAE 2024!🚀

‼️Apply here - https://www.f6s.com/sssuae24/apply

📅 Date: February 23-29, 2024
📍 Location: Longbeach Campground, Ras Al Khaimah, UAE

https://t.me/threenstartups

#seasidestartupsummit #sss #sssuae2024
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🚀 Formula VC invested 200 000 USD in ProdMap!

ProdMap is a product management and operations platform that helps businesses build products, manage a roadmap, align teams, and set objectives and key results with a single platform to manage their initiatives in one place, without needing multiple documents or tools.

This is the 15th startup in the portfolio of the venture fund. In total, Formula VC invested around 3 million dollars in Armenian startups.

Congrants to ProdMap and FormulaVC on this milestone! 🎉

https://t.me/threenstartups

#formulavc #investment #successstory #prodmap
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Opportunity for Armenia based startups focused on sustainable solutions!

The AUA's Energy Transitions for Climate Solutions initiative announces the Venture Competition in:
- Environmental Sustainability
- Clean Technology
- Conservation
- Energy Tech

The competition is jointly organized by the Entrepreneurship and Product Innovation Center (EPIC) and Acopian Center for the Environment (ACE).

The prize is a chance to get an invitation (with costs covered) for the EarthX E-Capital Summit in April 2024 in Dallas, Texas, USA

For eligibility criteria, deadlines, and additional details, visit here: https://ace.aua.am/venture-competition/

The application deadline is December 31st through this link: https://form.typeform.com/to/bEaH5t1K?typeform-source

https://t.me/threenstartups

#event #venturecompetition #expo #epic #ace
The article showcases Armenia's tech sector highlighting the country's transformation into a tech hub with a robust startup ecosystem.

The piece emphasizes Armenia's tech evolution from software development for Western companies to creating its products, particularly excelling in AI.

The article details initiatives fostering tech education, such as Generation AI, Armath and TUMO, and highlights challenges like hardware constraints and the drive for more external funding to further propel Armenia's tech ecosystem onto the global stage.

Programs, startups and organizations featured in the article:

Startups:
- ViralMango
- Picsart
- Moderna
- Prelaunch
- Krisp
- Orders.co

Expos:
- Silicon Mountains
- Digitec Expo

Industry Leaders:
- Rem Darbinyan
- Noubar Afeyan
- Alexis Ohanian
- Avie Tevanian
- Robert Khachatryan
- Narek Vardanyan
- Hrant Khachatrian

Communities and Societal Initiatives:
- UATE
- Armath
- Real School
- TUMO
- Generation AI (by FAST)
- YerevaNN

https://www.forbes.com/sites/craigsmith/2023/12/08/soviet-mainframes-to-silicon-mountains-armenia-as-a-tech-powerhouse/

https://t.me/threenstartups

#forbes #armenia #article #highlights #press
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Triple S Ventures, together with AGBU Young Professionals Yerevan will host a panel discussion series, dedicated to Shaping the Future: Next Generation Software Development.

Date: December 13, 2023 at 19:00
Venue: AGBU Armenia, 2/2 Melik Adamyan st
Book your spot here: https://bit.ly/3NgMw1c

Some of the speakers at the panel announced to date:
- Sipan Vardanyan, Co-founder and CEO of Hexens
- Artak Chopuryan, Co-founder and CEO at Zealous Tech

https://t.me/threenstartups

#agbuyp #triples #triplesventures #triplesvc #paneldiscussion #networking #event
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AUA EPIC team organizes this year's last Startup Huddle Yerevan event on Friday, December 22nd, 9:30-11:00 AM at AUA, PAB, Akian Gallery, 4th floor, Room 434W.

The speaker will be announced very soon!

Make sure to reserve your seats here: https://www.eventbrite.com/e/startup-huddle-yerevan-ecosystem-meetup-to-unlock-startup-challenges-tickets-774282067507

https://t.me/threenstartups

#epic #aua #gen #startuphuddle
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CurbWaste announced raising a $10M Series A round 🚀

The funding round is led by Flourish Ventures with participation from B Capital, Mucker Capital and TTV Capital.

With this new funding, the startup plans to digitize the waste hauling industry, empowering waste services companies to manage and streamline their operations from haul to disposal.

CurbWaste is a SaaS software and payments provider to the waste management industry. Its platform helps managing waste and recycling operations. About 95% of CurbWaste's SaaS subscribers also use the company's embedded payments. As a result, the payments business now processes $3 million in monthly transactions for its customers.

Priorly, CurbWaste raised $6M in 2022 and $4M in Seed funding in April 2023. With this new $10M Series A financing round CurbWaste's total capital raised makes up $20M.

Vach Hovsepyan, a former ServiceTitan executive is the Co-Founder & COO at CurbWaste.

https://t.me/threenstartups

#curbwaste #capitalraise #announcement #successstory #investments
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HeroHouse hosts a Fireside Chat with the co-foun Dec 19 for a Fireside Chat with Vach Hovsepyan.

Vach is a serial startup executive and co-founder. He is currently the Co-Founder and COO of CurbWaste that recently raised $10M Series A (see the previous post in the channel).

​Having been at the front seat of taking multiple SaaS companies from ground zero to product/market fit, growth & retention, Vach has extensive experience in customer success, operations and business development, and will be sharing his experience with the founders and wider network.

We will talk about all things startup, the life of a founder, highs and lows of entrepreneurship, and more.

📌 Vach is also looking to expand his development team to Armenia, so come join us to also explore opportunities, or share with friends that might be interested.

Book your spot here: https://lu.ma/dqmy3z2d

https://t.me/threenstartups

#herohouse #vachhovspeyan #curbwaste #event #networking #firesidechat
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Angel Investors Club of Armenia (AICA) will have it's 19th Pitching Session on December 23, 2023! 🗓️

Contact AICA if interested in joining the event and and networking.

Let's come together to fuel the future of entrepreneurship!

https://t.me/threenstartups

#aica #angelnetwork #pitchingsession #networking #event
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Product People arranges a year-end event on December 20th at Best Western Plus Congress Hotel at 6:30 PM.

Agenda:

➡️ 6:30 PM - Welcomes and registration.

➡️ 7:00 PM - Keynote Speech by Asti Pili, Head of Growth at Krisp AI on "Leading with Product: The Main Growth Principles."

➡️ 7:30 PM - Panel Discussion with:

⚡️Gevorg Poghosyan, CEO at reArmenia and Co-Founder at The Crowdfunding Formula
⚡️Dmitry Stepanov, Yandex Hub Coordinator in Armenia and Director of New Product Development
⚡️Arik Akverdian, Co-founder at VCV.AI
⚡️Karén Gyulbudaghyan, Founder of Strategic Value Ventures and Founder of Ground Zero
⚡️Thomas Mazejian, Senior IT Executive and Founder of PMI Armenia Chapter

➡️ 8:30 PM - Networking Session to connect and ideate.

The entrance fee of 6000 AMD will be fully donated to charity via IMAST, fostering trust and transparency in Armenian philanthropy.

Secure your spot - mssg.me/productpeople

https://t.me/threenstartups

#event #networking #panel #productpeople
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Multi-dimensional Leadership has proven to drive success in fast-paced, changing world.

Meetup topics:
➡️ Building #Resilience through personal life challenges
➡️ How to adapt to rapid changes and trends
➡️ Developing Critical & Strategic Thinking
➡️ Gaining Competitive Advantage

Zarik Boghossian, PhD has been designing, developing and investing in advanced technologies and innovative solutions over the past 40 years. As a Professor at Pepperdine University, Zarik has taught and mentored PhD, MBA and undergraduate Business School students in Entrepreneurship, International Management, Venture Initiation, and Social Entrepreneurship courses for the past15 years.

Strategic Value Ventures, LLC (SVV) is a San Francisco-based strategic advisory company and the official Global Innovation Partner of the UC Berkeley SkyDeck.

Ground Zero Specialty Coffee (1 Martiros Saryan St., Yerevan) is the only venture cafe in Armenia and the EMEA region.

https://t.me/threenstartups

#event #networking #groundzero #meetup
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Sergey Muradyan, advisor to the deputy speaker of the Parliament announced good news for the ICT ecosystem of Armenia.

Yesterday, on Dec 21 2023, the Government approved a legal initiative to extend the operation of the law supporting ICT companies in Armenia for another year.

The initiative will be considered by the Parliament today aiming to approve it.

https://t.me/threenstartups

#regulations #government #parliament #itsupport #extension
3N Startups
Sergey Muradyan, advisor to the deputy speaker of the Parliament announced good news for the ICT ecosystem of Armenia. Yesterday, on Dec 21 2023, the Government approved a legal initiative to extend the operation of the law supporting ICT companies in Armenia…
Tax incentives for newly founded IT companies extended until December 31, 2024, providing relief only in the amount of 10% of income tax.

Some stats from the past years:

- Over 4K companies received the incentive to date
- 5.8K new workplaces have been created
- In 2021, 2022 and 2023 the number of companies getting incentives was growing steadily.
- After a peak growth in 2022 the growth continued in 2023.
- 80% of companies are exporting companies (incl. product companies).
- The average number of employees per company has been reducing during 2021, 2022, 2023 from 9.65 employee in 2021 to 3.54 employees in 2023.

Government plans developing new set of law amendment measures aiming to stimulate the growth of employment in the companies.

https://t.me/threenstartups

#regulations #government #parliament #itsupport #extension #mhti