Yay! Biosim AI raised $12.3M to enable and accelerate drug discovery at quantum accuracy.

Biosim AI is founded by Garegin Papoian, a professor at the University of Maryland in College Park.

Garegin, Monroe Martin Professor at UMD’s Chemistry & Biochemistry and Institute for Physical Science and Technology, founded Biosim AI in 2020, raising a small pre-seed investment from SmartGate VC. In total, the company has raised $13 million to date.

Congratulations to Biosim AI and SmartGate VC teams on this amazing achievement!

https://t.me/threenstartups

#biosimai #investment #successstory #biotech

Applications for Alchemist Accelerator's next batch are open!

The Alchemist Accelerator is a venture-backed initiative focused on accelerating the development of early-stage ventures that monetize from enterprises.

Application deadline: February 23, 2024
📌 Apply Here

The acceleration program tracks are:

- Industrial IoT
- FinTech / Cybersecurity
- Climate Tech
- Digital Health
- Diversity

Learn more about the program here: https://www.alchemistaccelerator.com/program

https://t.me/threenstartups

#alchemist #alchemistaccelerator #accelerationprogram

Dear Community:

CodeSignal is live on Product Hunt with its new project - CodeSignal Learn - and needs our support ❤️

CodeSignal Learn is a practice-based learning platform that offers one-on-one guidance. With the help of Cosmo, our AI tutor and guide, you’ll get targeted instruction, instant help when you’re stuck, and a tailored learning journey at your own speed.

https://www.producthunt.com/posts/codesignal-learn

Please show your support to CodeSignal by upvoting, commenting, and sharing news about their Product Hunt launch.

UPDATE: CodeSignal's new platform is featured on the world's leading tech news platforms:

TechCruch: https://techcrunch.com/2024/02/08/codesignal-launches-a-learning-platform-with-an-ai-powered-guide/

Forbes: https://www.forbes.com/sites/rayravaglia/2024/02/08/codesignal-learn-using-ai-to-drive-skills-practice-to-perfection/amp/

https://t.me/threenstartups

#codesignal #producthunt #upvote #share #comment #callforcommunitysupport

Hovhannes Avoyan, Picsart's Founder & CEO just announced that Picsart is the most-searched term for photo editing on the iOS App Store in the major markets such as US, UK, France, Germany, India, and Japan. It is surpassing even generic terms like "edit," "collage," and "photo".

Picsart is the first Armenia-born startup reaching the status of a unicorn.

Congrats to the Picsart team and we look forward to further success stories from there 🚀

https://t.me/threenstartups

#picsart #successstory

It is heartening to see the success of Armenian startups internationally.

Forbes shared an article, where the author discusses the recent trends in e-commerce and the impact AI makes on the industry.

10Web, one of the pioneers of AI website builder space, has been revolutionizing web development since 2020. With 26,000 paying customers and over 1.2 million websites created through the platform, 10Web leverages the transformative power of AI, to automate the complex process of website creation.

The author says that it typically takes two weeks to get up a Shopify store front on average, whilst with 10Web can support building a fully functional online shop within just 10 minutes thanks to using innovative AI approaches.

10Web's AI builder dramatically speeds up the website creation process. It generates layouts, designs, images, and texts from a simple prompt, making it much faster than traditional website-building methods.

Congrats to the 10Web team and its early supporters with this amazing achievement 🎉

We look forward to about more success stories from 10Web

https://t.me/threenstartups

#10web #successstory

TUMO announced a launch of TUMO Los Angeles 🎉

Within a year, the center will open its door to 1,500 students who will study, free of charge, learning game development, animation, filmmaking, graphic design, music, robotics, 3D modeling, and computer programming.

The center is being established with the support of the State of California and the City of Los Angeles.

Currently TUMO has 14 centers in Armenia, Albania, Germany, France, Lebanon, Portugal, Switzerland and Ukraine. TUMO has 28,000 students worldwide and over 80,000 alumni.

Congrats to TUMO on this achievement. 🚀

https://t.me/threenstartups

#tumo #successstory

Dear Community:

We have recently shared success stories of the Armenian technology companies (Picsart, 10Web and TUMO – see above). So, we wanted to take a moment and once again emphasize the importance of technology innovation for Armenia.

To do that we compared the revenues of Tinder (many of us are celebrating Valentine’s Day today, huh?) and SOCAR (State Oil Company of the Republic of Azerbaijan).

According to public sources in 2022, Tinder made revenues of 1.8 bln USD, which is 72% (!) of SOCAR’s revenues in the same year (2.2 bln USD).

So, our message of the day is that tech should be the Valentine of Armenia 😘.

We should continue focusing on tech development. Tech, innovation and the brains are the “oil” of the modern day. Let’s double, triple our efforts in developing the tech scene in Armenia.

Happy Valentine’s Day ❤️

https://t.me/threenstartups

#editorial

European Business Angel Network (EBAN) announced a call for startup applications. Seize the opportunity to make connections and pitch in front of the international angel investors!

📌 Deadline to apply is April 15, 2024.
Find more details and apply here: https://ebancongress.com/startups-2024/

Eligibility:
- Early stage startups from all industries and sectors
- Companies with active funding rounds for an equity investment of between €150K – €2M
- EU based startups doing business in any EU country (Armenian startups are eligible)

When applying please mention any angel investors or angel networks you've received investment from!

Good luck.

https://t.me/threenstartups

#eban #ebancongress2024 #startupapplication #investment #pitchingsession

The deadline is extended to Feb 18, 2024.

Dear Community:

📌 Angel Investor Club of Armenia (AICA) application deadline is set for February 20, 2024.

📌 Send your pitch decks to ventures@aica.social

📌 For any questions contact Samson Avetian at samson.avetian@aica.social

Good luck!

https://t.me/threenstartups

#aica #angelinvesting #startup #armenianstartup #pitchingsession

BANA Angels host their next breakfast with Angel with Aram Pakhchanian, Chairman of the Board at Ayb Foundation, Angel Investor at BANA Angels.

Having a solid background in the IT sector dating back to 1993, Aram Pahchanyan served as the Vice President of ABBYY from 2003 to 2014. Aram Pahchanyan currently holds the position of co-founder and Chairman of the Board of Trustees at the "Ayb" Foundation, a driving force behind the fundamental modernization of education in Armenia.

🚀 Join the upcoming breakfast to personally interact with Aram and learn more about investments, tech and education.

🗓 Date: February 29, 2024
⏰ Time: 10 AM
📍 Venue: Unicorn Community Café, 83 Koghbatsi Street
💰Registration fee: 4.000 AMD (breakfast included)

Payment methods:
✔️Transfer to Card: 4355033930007038
✔️Idram Payment System: @272340603

🔗📥 Secure your spot by registering now! https://forms.gle/W2aGTy3a7tKRrcDj7

https://t.me/threenstartups

#banaangels #businessangels #event #networking

⚡️REMINDER⚡️ UC Berkeley SkyDeck’s APPLICATION DEADLINE is now February 18 @ 23:59 California Time for Batch 18 accelerator program! 🚀

💰 Startups accepted to the Cohort program in Berkeley receive a $200K investment & those accepted to SkyDeck Europe receive €145K.

🌐 Access to Silicon Valley VCs and UC Berkeley’s vast ecosystem of alumni, expert network and up to $750K worth of in-kind resources.

❗️Contact Karén Gyulbudaghyan for any questions. Don't miss this golden opportunity!

🔗Apply now at skydeck.berkeley.edu/apply

P.S. Writing this post from Ground Zero Specialty Coffee where you can meet Karén in person when he is in Yerevan (right now he is at a desk next to me).

https://t.me/threenstartups

#berkeleyskydeck #accelerationprogram #fundingopportunity #karengyulbudaghyan

Science & Technology Angels Network announced an investment of $85K in GembaPro. STAN Angel Alexandre Meterissian will join the board of GembaPro to support with his domain expertise and network.

GembaPro is an interactive training software for blue-collar workers helping heavy industries close a $2.5T productivity gap․ GembaPro was founded in 2022 by an international team of tech executives with prior experience in McKinsey & Company, Google, Yandex, Boston Consulting Group, and SBER.

GembaPro is collaborating with the global leader in the production of metals and is gearing up to increase its market coverage in the Americas, Australia, and South Africa.

Congrats to the startup and STAN angels on this achievement 🎉

P.S. Proud to be part of this deal from the initial discussion with the startup to due diligence and syndicate forming ❤️

https://t.me/threenstartups

#gembapro #investment #successstory #stan #angels

What a day! FormulaVC announced the investment of $250K in Waveye.

Waveye is a radar imaging and AI company.

It is founded by Levon Budagyan, Gor Hakobyan and Narek Rostomyan. Levon Budagyan is a serial entrepreneur with a prior exit of over $150M. Gor Hakobyan is a scientist specialized in signal processing and radar technologies. He is an author of over 100 patents in that area.

Congrats to Waveye and FormulaVC teams on this achievement 🎉

https://t.me/threenstartups

#waveye #investment #successstory #formulavc

Great opportunity for startup founders, investors and a broader community.

STAN Angel Hayk Mamajanyan will dive deep into the legal basics for startups and investors, alongside exploring the current landscape of VC and M&A dealmaking in the US.

This is a unique opportunity to connect with Hayk and get first hand insights from the person involved in many ongoing VC deals.

Seize the opportunity and book your spot here: https://lu.ma/stantalks-legalbasics

Hayk is the Founder and Managing Attorney at HVM Law Firm headquartered in Los Angeles, California. He is a Corporate & Venture Capital attorney, specializing in VC, M&A, Business, Corporate, and Startup Law. Hayk earned graduate law degrees from UCLA School of Law, the University of Oxford (UK), and the American University of Armenia.

https://t.me/threenstartups

#stantalks #legal #haykmamajanyan #event #networking

A VC investor Ruben Dominguez Ibar shared interesting insight on pitch decks.

🔍 Dropbox reviewed 100,000+ pitch decks to determine the perfect deck and here is what they found:

1. Length of Pre-Seed Decks: The average deck contained 19 slides.

2. Investor Meetings: On average, founders engaged with 52 investors before successfully raising funds.

3. VC Engagement Time: Venture capitalists spent an average of 2 minutes and 42 seconds reviewing each deck.

4. Focus on Traction: Pitch decks that secured funding saw VCs spending 28% more time on their traction sections.

5. Business Model Scrutiny: For decks that didn’t receive funding, VCs spent 233% more time examining the business model sections.

After this extensive study, Dropbox created a Pre-Seed Pitch Deck. Find out more under the link.

https://t.me/threenstartups

#startupknowledge #pitchdeck #reading

Aksel Piran, Co-founder and Syndicate leader of the Syndicate by BANA announced that BANA Angels invested $100K in Waveye.

It is heartening to see such collaborative approach of the Armenian investors supporting a fantastic team formed by Diaspora Armenian founders. The investment by BANA Angels was announced several days after the investment announcement by Formula VC.

Congrats to BANA Angels and Waveye on this step forward 🚀

https://t.me/threenstartups

#waveye #investment #successstory #banaangels

CB Insights is accepting applications from the best AI startups globally to make its list of 100 most promising private AI companies in the world.

The winners of this contest in previous years, later became unicorns, were acquired by big tech companies and raised funding from the top VC firms.

📌 Submit your application by Feb 28, 2024 through this link:
https://cbinsights.iad1.qualtrics.com/jfe/form/SV_3q1P1Ny5PtRkN4G

All private companies working on artificial intelligence technologies — from MLOps and AI chips to industry-specific AI applications like diagnostics, precision agriculture, and autonomous driving tech — are eligible to submit.

For any questions, please contact awards@cbinsights.com.

Good luck with the application. Go and make them speak about you globally 🔥

https://t.me/threenstartups

#cbiinsights #ai100

Denovo Sciences organizes a webinar with Darren Green, the head of Cheminformatics & Data Science at GlaxoSmithKline.

This is the second lecture in the drug discovery series organized by Denovo Sciences team.

This lecture topic is about Using Big Chemistry data and AI in real life, some GSK experiences.

The lecture is scheduled for February 27, 2024 at 1:00 PM (GMT+4). Limited seats are available, and registration will close on February 26.

📌 Book your seat here: https://shorturl.at/jRYZ9

https://t.me/threenstartups

#denovosciences #webinar #drugdiscovery #event #networking

The Foundation for Armenian Science & Technology (FAST) has designed a 2.5 months long startup program for women experienced in STEM domains.

Target audience are women who:
- have current or previous work experience in STEM
-are doing scientific research
- are pursuing or already have an undergraduate or graduate degree in STEM

Apply to the program and discover opportunities to unlock your entrepreneurial potential, gain the skills you need to succeed in the industry, and find a platform for developing ideas.

The applications are accepted till April 15, 2024.
Act fast to seize the opportunity. Apply here: https://zurl.co/NDzV

📌 Important details:
- No age limitation
- Participation is free

https://t.me/threenstartups

#fast #win #womeninnovatorsprogram

Dear Community:

A fellow Armenian startup EdMap needs our support.

The startup is among the finalists participating in DigiEduHack 2023 and competing for the 2023 Global Winners prize.

Please vote for EdMap under the link below:

📌 https://digieduhack.com/solutions/edmap

EdMap is a dynamic learning ecosystem designed to bridge the divide between education and career achievement in the IT industry by simulating a work environment that mirrors real-life industry experience. It offers a unique opportunity to apply theoretical knowledge, foster collaboration with fellow learners, and acquire valuable industry experience.

Thanks ❤️

https://t.me/threenstartups

#edmap #digieduhack2023 #vote #callforcommunitysupport