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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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Isn't it amazing to see Armenian startups making waves on the global stage?

๐ŸŒŸ Intent.ai launched Airtel Ads product in Nigeria, paving the way for a new era in digital advertising! Check out the announcement by Intent.aiโ€™s Co-Founder & CEO Alexandr Yesayan here.

๐ŸŒŸ Renderforest has just unveiled new AI tool to create professional websites in seconds! Try it out here.

๐ŸŒŸ And 10Web, the AI website builder, made waves by being featured on TechCrunch! Dive into the article here.

This is the right way to start the new working week with an energizing portion of motivation and inspiration from fellow startup founders! ๐Ÿ’ผ

https://t.me/threenstartups

#successstory #inspiration #intentai #renderforest #10web
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๐ŸŒฟ Dive into Sustainability in Business at Ground Zero! ๐ŸŒฟ

๐Ÿ“… Tuesday, March 05, 2024, at 08:30 AM
๐Ÿ“ Ground Zero Specialty Coffee (1 Martiros Saryan St, Yerevan)

During the event you will discover how green practices can boost your business and increase your bottom line.

๐Ÿ’ผ With 38 years of pioneering work, Jon Dee will share insights that could help transforming your business strategies.

From leading the Australian RE100 initiative to co-founding Planet Ark, Jon's impact on global sustainability is unparalleled.

His work has sparked major legislative changes and propelled companies towards renewable energy. Jon Dee was named Australian of the Year for 2010 in NSW.

Philanthropically, Jon Dee co-founded the charities Planet Ark and DoSomething, as well as the international charity Rock Aid Armenia. Jon Dee's efforts in the Rock Aid Armenia project included releasing an all-star version of "Smoke on the Water" and organizing The Earthquake Album, which was a certified gold album. He received Armeniaโ€™s highest award, The Order of Honor, in 2009.

Don't miss this chance to learn from a sustainability legend. Transform your business ethos and join the green revolution with Jon Dee at Ground Zero Coffee!

๐Ÿ“Œ Book your spot here: Registration Link.

https://t.me/threenstartups

#event #networking #groundzero #sustainability
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Great news for the Armenian startup ecosystem demonstrating a tectonic shift in the local capital market ๐Ÿš€

The first investment from an Armenian pension fund into an Armenian VC fund has been announced.

C-QUADRAT Ampega Asset Management announced about investment of $1,030,000 in Formula VC.

Pension funds are actively investing in VC funds internationally. The decision to invest in Formula VC by C-Quadrat Ampega Armenia has high significance as this is the first case when an Armenian institutional investor invests in a VC fund. This will be a strong precedent for future investments by other local and international institutional investors.

Congrats to everyone with this important step forward.

Special kudos to the teams of C-QUADRAT and Formula VC on making this deal ๐ŸŽ‰

https://t.me/threenstartups

#formulavc #investment #successstory
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To celebrate the opening of the new office in Armenia, DeepOrigin announces a coding competition called DO Challenge 2024.

Following its merger with BiosimAI, DeepOrigin is dedicated to revolutionizing drug discovery with its pioneering molecular modeling and simulation tools, leveraging high-performance computing and AI. The company is committed to democratizing access to best-in-class scientific tools by offering them on its Life Sciences Platform.

DO Challenge 2024 is an opportunity to showcase your coding skills and your ability to come up with innovative solutions in a short amount of time while working in a small team.

The competition will involve 2-3 problems that your team of up to 4 people has to tackle in 10 hours.

The problems will require skills in writing highly efficient code, and in machine learning โ€“ two areas where DeepOriginโ€™s team in Armenia does research and development.

Date and Time: Saturday, March 23, 2024 / 09:00 AM - 22:00 PM

Event Timeline:
- 09:00 - 09:30 - Arrival and registration
- 09:30 - 10:00 - Opening ceremony
- 10:00 - 20:00 - Competition
- 21:00 - 22:00 - Award ceremony

Location/Venue: DeepOriginโ€™s Armenia office. 3 Hakob Hakobyan (Mergelyan Institute)

๐Ÿ“Œ Book your spot here: https://www.deeporigin.com/deep-origin-challenge-2024-registration

โ—๏ธThe deadline for pre-registration is March 15.

https://t.me/threenstartups

#deeporigin #biosimai #codingcompetition #event #networking
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The Government of Armenia approved a legislative package introducing Simple Agreement for Future Equity (SAFE) to the local regulations.

The legislative package was developed thanks to the efforts of the Investment Council of Armenia with a collaborative effort with the involvement of the startup ecosystem representatives. The regulations will be approved upon ratification of the initiative by the National Assembly.

While many Armenia born startups are incorporated in Delaware and this initiative will not impact them directly, it is an important step in making Armenian regulations more startup friendly that will result in positive changes in the long term.

It is so special to see that Government explains how the SAFE works and its importance for pre-seed and seed stage startups. Read more on the Facebook page of the Ministry of Economy here.

https://t.me/threenstartups

#icarmenia #ebrd #regulations #safe #ecosystem
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Join the STRIVE Pre-Incubation Program!

Are you ready to embark on an entrepreneurial journey that challenges the norm and propels you into the world of innovation?

STRIVE is your gateway into the Armenian startup ecosystem, offering a unique pre-incubation experience unlike any other.

This 10-week program is designed to foster entrepreneurial journey through an experiential, problem-based learning approach.

Who Can Apply?
- Open to individuals from all backgroundsโ€”no startup idea required!
- Must be able to attend weekly sessions at AUA, evenings 7-9 pm.
- Intermediate or higher English language proficiency.

Apply now and take the first step towards realizing your entrepreneurial dreams!

Apply Here: https://epic.aua.am/strive/
Application Deadline: March 15, 2024

https://t.me/threenstartups

#aua #epic #preincubation #applynow
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๐Ÿš€ Lago Secures $22M Funding for Open-Source Billing Revolution! ๐Ÿš€

Lago, co-founded by Raffi Sarkissian, has successfully raised $22 million in funding, led by FirstMark, with participation from Y Combinator, Lee Fixel's Addition, New Wave, Script, and key

Lago is more than an alternative to Stripe Billing and Chargebee; it's about empowering engineers with a composable billing engine and giving finance and business teams real-time, accurate billing data access.

Learn more about the deal here: https://www.getlago.com/blog/lago-raises-22-millions

Congrats to Lago team on this success ๐ŸŽ‰

https://t.me/threenstartups

#lago #successstory #investments
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Join P2S & Lisbon Founders at PITCH DAY on April 16th!

PitchDay.pt is a key event for the startup ecosystem โ€“ ัompete for the title of the best startup and network with industry leaders ๐Ÿ”ฅ

Audience: Investors / Startups / Anyone looking to expand their network.

Attend to expand your network, hone your pitch and attract investments.

The deadline for startup applications is March 29th.

๐Ÿ“Œ Learn More and Book your ticket โ†’ https://bit.ly/4cgf0D8

https://t.me/threenstartups

#pitchdaypt #event #networking #pitching #competition
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500 Global's Rise Report shares important insights about the global startup ecosystem.

Here are the key takeaways:

- Rise of the Next Internet Users. By the end of 2023, 5B internet users are projected to be online. By 2040 3B new internet users are projected to come online.

- Global Tech Stack. The GTS includes three primary layers: hardware, connectivity and software. The GTS has enabled tech giants: Microsoft, Alphabet, Amazon (Software); China Mobile, Comcast, TMobile (Connectivity); Apple, Nvidia, Tesla (Hardware). In aggregate represents over $30 trillion in market capitalization.

What will drive innovationโ“

1) The GTS expansion will be driven by innovating for existing internet users: new innovations will replace existing solutions; new innovations will address new needs.

2) The GTS expansion will also be driven by innovating for new internet users. New products, services and technologies will create solutions that serve the needs of new internet users.

Globalization ๐Ÿ“Œ

Capturing value creation in the next decade will require understanding internet users globally. Global startup activity is becoming more global โ€“ more than 100 countries have active startup ecosystems. More than 50 countries have minted at least one unicorn.

US-founded unicorns have a global aspect. 80% of US unicorns have an immigrant founder or an immigrant in a key leadership role. 64% were founded or co-founded by immigrants or the children of immigrants. 55% were founded or co-founded by immigrants.

Are there economies outside of the US and China, that are positioned for outsized growthโ“

The Rise 30 are the 30 largest, fast-growing economies outside of the US and China. By 2027, the Rise 30 are expected to surpass each of the US and China by GDP.

The Rise 30 present different demographics, consumer behaviors and opportunities than mature markets. The Rise 30 are largely nascent venture capital markets with increasing Venture Funding Gaps. The Rise 30 have a larger population than China and the US, combined.

The Rise 30 are growing faster. The Rise 30 are younger. The Rise 30 are more rural. The Rise 30 are connected. The Rise 30 are more social.

Rise 30: India, Canada, South Korea, Australia, Mexico, Indonesia, Spain, Tรผrkiye, Saudi Arabia, Poland, Taiwan, Nigeria, Thailand, Ireland, Bangladesh, Vietnam, Israel, Singapore, UAE, Malaysia, Philippines, Norway, Egypt, Romania, Pakistan, Czechia, Colombia, Peru, Kazakhstan, New Zealand.

Sectors ๐Ÿ“Œ

In the 15 High Income Rise Economies, Software is most often the first +$1B sector to rise.

In the 15 Middle Income Rise Economies, Ecommerce is most often the first +$1B sector to rise.

https://t.me/threenstartups

#500global #risereport #foresight
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๐Ÿš€ Call for Applications: Entrepreneurship World Cup (EWC) Armenia 2024 ๐Ÿš€

The Entrepreneurship and Product Innovation Center (EPIC) at American University of Armenia announced the opening of applications for EWC Armenia 2024!

๐Ÿ“Œ Join one of the world's largest startup competitions and gain a chance to win over $1 million in cash and in-kind prizes.

Who Can Applyโ“

Innovators and entrepreneurs across all stages - from idea to growth. This year, application is open also for the social entrepreneurs!

Application Deadline: April 21, 2024
Apply through the Global Platform

Make sure to check out the FAQ here: https://www.ewcarmenia.com/faq

For any additional enquiries please contact EWC team of EPIC at the following address: ewc.epic@aua.am

https://t.me/threenstartups

#ewc2024 #ewcarmenia #aua #epic #startups #competition #funding
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Explore the world of startups and investments in Silicon Valley!

From April 18th to 26th, the Yellow Rocks team will host the Venture Trip Silicon Valley and invite you to join this venture journey.

The trip is meticulously scheduled down to the minute, so get ready for a packed program:
๐Ÿ“Visit Google and LinkedIn, Draper and Plug and Play;
๐Ÿ“Experience the top universities Stanford and Berkeley;
๐Ÿ“Engage in extensive networking, participate in masterminds, pitch sessions, and investor meetings;
๐Ÿ“Take part in the Startup Grind conference;
๐Ÿ“Explore the most beautiful locations in San Francisco and Palo Alto;
๐Ÿ“And have a great time!

The updated program for Venture Trip Silicon Valley 2024 is now available on the website: https://bit.ly/4agztpF

๐ŸŒŸSpecial Bonus: For community members, use promo code 3N for a 5% discount on tickets.

See you at the Venture Trip!

https://t.me/threenstartups

#yr #yellowrocks #venturetrip #siliconvalley #event #networking
3N Startups pinned a photo
๐Ÿš€ Exciting Opportunity for Armenian Tech Innovators! ๐Ÿš€

The Ministry of High-Tech Industry of Armenia announced that applications are now open for VivaTech 2024, that will be held in Paris, France, from May 22 to 25, 2024.

๐ŸŒŸ Why You Should Apply:
- Network with global tech leaders and innovators.
- Showcase your products and solutions to an international audience.

๐Ÿ“… Deadline: March 25, 2024

The Ministry will cover the costs of exhibition space, construction, and entry. Participants will need to cover their travel and accommodation expenses.

๐Ÿ‘‰ Apply Here: https://hightech.gov.am/hy/vivatech-application

https://t.me/threenstartups

#mthi #vivatech2024 #armeniantech #innovation #event #networking #expo #applynow
๐Ÿš€ Attention Innovators & Startups! ๐Ÿš€

Join the Reflect Festival in Limassol, Cyprus, this May 30-31st. It's the largest tech gathering connecting 10,000 founders, investors, and executives under one roof.

๐Ÿ”‘ Offer for Startups:
- 2 Free Startup Tickets upon selection.
- An invitation to ReflectX, our elite startup-investor program.
- Opportunity to pitch on our main stage for the grand prize!

๐Ÿ“† Application Deadline: March 31, 2024

๐Ÿ‘‰ Apply Here: https://reflectx.reflectfest.com/

https://t.me/threenstartups

#reflectx #event #networking #pitching #applynow
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Angel Investors Club of Armenia (AICA) announced about $50K angel investment in Key Proficiency.

Key Proficiency is an online tool for making onboarding of blue collar employees faster. The startup helps its customers to reduce HR flow management costs for businesses and help candidates to find a suitable job.

Key Proficiency is a diverse team of expats and repat Armenians. The startup team was formed and shaped the idea within the incubation program run by TUMO Labs.

Congrats to the startup and AICA angels on this achievement. Good luck ๐ŸŽ‰

https://t.me/threenstartups

#aica #investment #keyprofi #successstory
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๐Ÿš€ Attention, Startup Founders! ๐Ÿš€

Exciting news from Startup Benefits: Connect directly with investors effortlessly!

This new feature lets you send your startup profile with a single click.

Watch the demo to see how it works! Use promocode RUBIKHUB for a 20% discount.

๐Ÿ“Œ Access this and many other fantastic features of the platform here: https://www.startupbenefits.eu/

P.S. No, it's not named after our admin, and no, we're not kidding ๐Ÿคฆโ€โ™‚๏ธ

https://t.me/threenstartups

#startupbenefits #investorconnection #fundraising
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๐ŸŒŸ Calling Women Entrepreneurs! ๐ŸŒŸ

TiE Women's initiative is designed to empower women-led startups globally! Don't miss the chance! Apply now!

๐Ÿ“… Applications Close: June 15th, 2024

Benefits include equity-free cash prizes, mentoring by successful entrepreneurs, investor access, networking, global exposure, and learning opportunities.

Apply today and take your startup to new heights! ๐Ÿ’ผ๐Ÿ’ซ

๐Ÿ‘‰ Learn more and apply: https://www.tiewomen.org/

https://t.me/threenstartups
#tiewomen #empowering #women #entrepreneurs #startups #prizes
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๐ŸŒŸ Inspiring Evening with Sheila Paylan at Ground Zero Specialty Cafe!

๐Ÿ—“ When: March 28, 2024 at 8:30 a.m.
๐Ÿ“ Where: Ground Zero Specialty Cafe

Dive into an unforgettable discussion with human rights advocate Sheila Paylan, guided by Karรฉn Gyulbudaghyan. Discover how activism can blend seamlessly with entrepreneurship and everyday life.

What to Expect โ“
- Interactive Discussions & Personal Stories: Insights into social justice advocacy.
- Everyday Activism: Learn to incorporate human rights into daily decisions.
- Human Rights & Business: Strategies for ethical entrepreneurship.
- Networking: Connect with like-minded changemakers.
- Empowerment: Leave inspired to act for a better world.

Sheila Paylan is a distinguished human rights lawyer and international law expert, with over twenty years of dedicated work advancing human rights and addressing gender-based violence globally. Don't miss this chance to hear from a true champion of justice and equality.

Save the date and RSVP now for an evening of inspiration, learning, and collaboration at Ground Zero Specialty Cafe!๐ŸŒŸ๐ŸŒ๐Ÿค

https://www.eventbrite.com/e/becoming-a-human-rights-entrepreneur-with-sheila-paylan-tickets-868210700577

https://t.me/threenstartups

#event #networking #groundzero #sustainability
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๐Ÿš€ Join the Alchemist Accelerator! ๐Ÿš€

Next Application Deadline: April 12th, 2024

โœจ Why Alchemist?

- Structured Path to Success: Structured path to sales and fundraising, tailored specifically for startups that monetize from enterprises.
- Global Reach: Hubs in Memphis, San Francisco, and Munich, serve founders with global aspirations, providing access to key markets and industry players.
- Tailored Tracks: Industrial IoT, FinTech, Climate Tech, Digital Health, or Diversity.
- Top-Tier Mentorship: Gain insights from industry luminaries and experts as Vinod Khosla and others.

๐Ÿ‘‰ Apply Now: https://www.alchemistaccelerator.com/

๐Ÿ“Œ Armenian Granatus Ventures partners with Alchemist Accelerator offering beneficial terms to the startups coming from the Granatus' pipeline.

https://t.me/threenstartups

#alchemist #alchemistaccelerator #accelerationprogram
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Reddit, founded by Diaspora Armenian Alexis Ohanian, raised about $520 million in its IPO last Wednesday.

The social media company that hosts millions of online forums and makes money primarily through advertising, had priced its IPO at $34 - the top of the previously anticipated range - indicating healthy demand for what was arguably the most anticipated IPO of 2024 so far.

Read more about Reddit and positive signs of the US IPO market here.

https://t.me/threenstartups

#reddit #exit #ipo #successstory
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