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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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πŸš€ Join the Alchemist Accelerator! πŸš€

Next Application Deadline: April 12th, 2024

✨ 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.

πŸ‘‰ Apply Now: https://www.alchemistaccelerator.com/

πŸ“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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πŸš€ Smart Mobility Accelerator Program! πŸš€

Get ready for a transformative journey in the smart mobility ecosystem - from the innovation hubs of Sweden and Germany to the tech-savvy environment of Israel. Armenia is on the list of eligible countries!

Eligibility:
- Teams of 2+ FTEs (no solo founders).
- Startups registered in the EU, EU associated countries, or third countries associated to Horizon Europe, including Armenia.
- Startups founded after 31/12/2013.

For more details on eligibility and application, check out the Guide for Applicants.

πŸ—“ Application Deadline: 15 April 2024

πŸ‘‰ Apply and find more details here: https://www.eiturbanmobility.eu/impact-ventures/accelerator/smart-mobility/

https://t.me/threenstartups

#accelerator #smartmobility #eu #applynow
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πŸš€ Uzbekistan's first unicorn is born! πŸš€

Uzum, the e-commerce startup, has secured $114M in funding, transforming it to unicorn status with a valuation of $1.16B!

πŸ“± With over 8M monthly active users, Uzum fills a gap in Uzbekistan's market, offering a comprehensive online marketplace and fintech solutions.

πŸ’³ Its buy-now-pay-later (BNPL) product dominates e-commerce transactions, while expansion into food delivery and digital banking strengthens its foothold.

πŸ’Ό Led by FinSight Ventures, the Series A round aims to boost Uzum's fintech and e-commerce arms, with plans for new product launches and infrastructure investments.

🌐 By year-end, Uzum plans to merge its offerings into two super apps and unveil Uzbekistan's largest e-commerce logistics complex, aiming for exponential growth.

Congrats to Uzum and Uzbekistan on this important step forward demonsrating significant growth of its tech ecosystem! 🌟

https://t.me/threenstartups

#unicorn #uzbekistan #uzum
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πŸš€ Exciting News from Activeloop! πŸš€

Activeloop secured $11 million in Series A funding from Streamlined Ventures, Y Combinator, Samsung Next, Alumni Ventures, and Dispersion Capital. This boost comes as Activeloop continues its mission to revolutionize AI projects with their database solution.

Led by Davit Buniatyan, Activeloop stands out for its groundbreaking technology, "Deep Lake," which tackles the challenge of leveraging unstructured multimodal data for AI training. Their system promises up to 75% cost reduction compared to market offerings, while boosting engineering productivity by up to five-fold!

So, what exactly does Activeloop's Deep Lake offer? πŸ€”

Imagine dealing with petabyte-scale unstructured dataβ€”text, audio, videoβ€”all requiring identification, organization, and integration for AI model training. Activeloop simplifies this complexity with Deep Lake, standardizing data storage and facilitating seamless integration with various tools and frameworks like PyTorch and TensorFlow. πŸ› 

From filtering and searching to version tracking and model training, Activeloop's platform provides an all-in-one solution for AI development needs! πŸš€

Congrats to Davit Buniatyan, Activeloop, their angels and early investors and all of us with another success of the Armenian startup ecosystem πŸŽ‰

https://t.me/threenstartups

#activeloop #deeplake #investment #successstory
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🌟 Dive into Armenia's Microelectronics Renaissance! 🌟

πŸ“… Join the fireside chat with Sedrak Sagisian on April 1, 2024, at 8:30 AM at Ground Zero!

Sedrak will present the captivating tale of Armenia's Microelectronics Renaissance from the nascent days of Silicon Valley startups to the entry of industry giants like Synopsys, Mentor Graphics, Siemens, AMD, and Xilinx. Sedrak will guide us through the evolution and transformation of Armenia's microelectronics landscape post-1991. πŸš€

Sedrak Sargisian is a visionary leader, who serves as the Senior Director of Development Engineering at Siemens. With a storied career that includes co-founding Ponte Solutions and impactful roles at Mentor Graphics and Intel Corporation, Sedrak is at the forefront of fostering academia-industry collaborations to propel Armenia's tech prowess.

πŸš€ Don't miss out on this enriching experience! Reserve your seat here.

https://t.me/threenstartups

#groundzero #sedraksargisian
Ever wondered how to become a successful angel investor? πŸ€”

Join this webinar to find out answers to questions you might have about angel investing.

πŸ—“ April 11, 2024 at 7:30 p.m. GMT+4
πŸ“ Register here: https://lu.ma/StartAngelInvesting

❓ Why become an angel investor?
To win big and generate profits? To do market intelligence and be on top of recent technology trends? To make a lasting impact and give back to society?

❓ How do angels make their decisions? What to pay attention to when considering a startup idea? How to get prepared for a pitching session?

Rem Darbinyan, is a serial entrepreneur, startup founder and angel investor with over 60 investments. He is also an LP in several VC funds in Armenia and globally.

https://t.me/threenstartups

#stan #startangelinvesting #remdarbinyan #event #networking #online #webinar
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πŸš€ Get ready for brutally honest feedback at QLOONG Vol. 2 πŸ“’

🌟 Seasoned entrepreneurs and investors will make a humorous, and brutally honest assessments of startups, yet filled with love.

πŸ’‘ Startups will pitch their ideas and strategies. Will they shine under the spotlight or crumble under the heat? πŸ€”

Get ready for a night filled with laughter, surprise, and jaw-dropping moments, where grit meets wit and the unexpected becomes the norm. 🫣

Join for networking with fellow entrepreneurs, investors, and startup enthusiasts over delectable snacks and beverages.

πŸ“… Save the Date: April 4, 2024
πŸ•’ Time: 19:00
πŸ“ Location: Unicorn Community Cafe, 83 Koghbatsi St

❗️ Spaces are limited, so REGISTER NOW!
πŸ‘‰ As a Startup: https://forms.gle/g8gUonV2HvVR1cQr6
πŸ‘‰ As an Attendee: https://lu.ma/taby48fm

https://t.me/threenstartups

#event #networking #qloong #brutallyhonestfeedback
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Dear community:

What I love about the Armenian startup community is its genuine fraternity and support.

So, I would like to encourage you to join Artak Sahakyan’s Telegram Channel πŸ“±πŸ’‘

πŸš€ Artak shares there the latest insights, news, events, meetups, and talks straight from the heart of Armenia's tech scene.

πŸ‘‰ Don't miss outβ€”join now: t.me/armtechblog

https://t.me/threenstartups

#armeniantech #startupecosystem
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Dreaming of passing acceleration at YC❓

Now's your chance! Y Combinator is accepting applications for their Summer 2024 funding cycle, happening in San Francisco from July to September.

πŸ“… Application Deadline: April 22, 2024
πŸ“© Notifications by: May 29, 2024

Find details and apply here: https://www.ycombinator.com/apply

Submit your application online ASAP! Early applicants might get an early interview slot.

YC isn't just a 3-month programβ€”it's a lifelong commitment to helping you succeed. πŸš€

https://t.me/threenstartups

#yc #acceleration #applynow
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πŸš€ Ready to take your tech startup to new heights?

Join Startup Academy 4.0 for a free, online, 3-month program designed to help pre-seed to seed stage software startups thrive.

Gain insights from industry experts, connect with investors, and access valuable resources.

Apply now for your chance to grow and scale!

πŸ“… Application deadline: April 28, 2024
πŸ“ Apply here: https://startup-academy.trmnl4.com/form

🌟 Perks include credits from AWS, 6 months of free Notion, unlimited AI, and much more!

#StartupAcademy #TechStartups #Entrepreneurship #ScaleUp

https://t.me/threenstartups

#genesisstartupacademy #incubationprogram #noncashprizes
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Dear Community:

πŸ“ˆ Looking to level up your knowledge in traditional investments?

πŸ‘‰ Introducing the channel of Dimension Investments - your go-to source for insightful and educational content on investments!

πŸ’‘ Experts of Dimension Investments share their real-life insights on analyzing market trends and tips on how to get into the game.

The channel has been just started and let’s help them to grow the audience and spread this important knowledge!

https://t.me/threenstartups

#investment #financialliteracy #dimensioninvestments
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πŸš€ Join us for an exclusive event organized by STAN, aimed at supporting startup founders in navigating the fundraising process effectively!

πŸ—£ Stepan Khzrtian, Co-Founder & CEO of legal-tech startup Corpora, will share invaluable insights on building your deal portal for investors and structuring deals effectively.

With over a decade of experience as a former corporate lawyer turned startup founder, Stepan is uniquely positioned to guide founders like you.

πŸ“… Date: Monday, April 15, 2024
πŸ•– Time: 7:00 p.m. (GMT+4)

Venue: FAST Creative Campus

πŸ“Œ Reserve your spot now: https://lu.ma/avoid-fundraising-mistakes

See you there! πŸš€

https://t.me/threenstartups

#event #fundraising #corpora #stepankhzrtian #networking #stan
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πŸš€ FAST raised over $350,000 to fund its Generation AI education program in Armenian high schools. πŸš€

FAST's "Nurturing Future AI Innovators" event united leaders from the Armenian Diaspora to support FAST's Generation AI educational program.

Generation AI, launched by FAST in 2023, fostering AI talent from high school level up. With 16 schools in Armenia currently piloting the program, nearly 400 tenth graders are delving into advanced math and Python programming, gearing up for AI exploration.

Distinguished Diaspora Armenians participated in the event, including FAST's co-founder Dr. Noubar Afeyan and Dr. Garo H. Armen highlighting the diaspora's role in empowering Armenian students in AI, emphasizing the global competitiveness this brings.

Over $350,000 was raised for Generation AI to propel curriculum development, teacher training, and provide equipment to empowering Armenian students to thrive in the tech-driven world.

https://t.me/threenstartups

#fast #generationai #successstory #armeniandiaspora
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🌟 Exciting opportunity ahead!

Join the next Ground Zero Breakfast Series featuring Adam A. Kablanian and moderated by KarΓ©n Gyulbudaghyan.

πŸ—“ Date: April 17, 2024
⏰ Time: 8:30 AM
πŸ“ Location: Ground Zero Specialty Coffee, 1 Saryan St., Yerevan

Gain insights from Adam Kablanian's journey in microelectronics, leadership, and investments.

Adam Kablanian is a visionary leader whose career has spanned innovation, investments, and philanthropy. From his work in embedded memory technologies to his leadership roles in successful startups like Virage Logic and Memoir Systems, Adam's impact on the tech industry is profound.

Don't miss this chance to be inspired by Adam Kablanian's journey and wisdom!

πŸ“Œ RSVP now: https://www.eventbrite.com/e/from-silicon-to-wine-global-impact-and-forging-legacy-tickets-880025067667

https://t.me/threenstartups

#groundzero #breakfastseries #adamkablanian
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Join the next Speed Mentoring session by Factory πŸš€

This time the guest mentor is Artavazd Sokhikyan, CTO and Co-Founder at Buymie, Founder of Seven Smarts LLC, as he navigates the "Founder's Journey: Navigating Startup Challenges".

πŸ“… Save the date: April 11
πŸ•” Time: 10 AM
πŸ“ Venue: Unicorn Community CafΓ©, 83 Koghbatsi Street

⏳ Each participant will enjoy 10 minutes of dedicated speed mentoring - 5 minutes for presenting their specific challenges and goals in scaling teams or integrating new hires, followed by another 5 minutes for an interactive Q/A session.

πŸ“₯ Secure your spot now by registering! Selected participants will receive direct communication with further event details.

https://forms.gle/tE9fW4Qa2Zs27g1e9

https://t.me/threenstartups

#factory #speedmentoring #artavazdsokhikyan #network #event
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🌟 Contribute to the advancement of young generation 🌟

Join FAST's Generation AI High School Project and be part of shaping the future of young learners in Armenia:

1️⃣ Career Guidance Visits: Inspire students across Yerevan and 6 marzes in April 2024! Share your career journey, discuss AI career paths, and motivate students to excel in math-based fields.

πŸ‘‰ Email education@fast.foundation for more info.

2️⃣ AI Teachers Needed: Passionate about educating the next AI experts? Join FAST's team!

πŸ‘‰ Check out the requirements and apply at: https://shorturl.at/fmnyz

Don't miss these opportunities to empower future AI leaders. Get involved and make a difference today! πŸš€

https://t.me/threenstartups

#fast #generationai #community
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Dear Community:

Prelaunch is live on Product Hunt with its new project - Prelaunch AI Idea Validator ❀️

Prelaunch Idea Validator turns your idea into a product page in less than 3 minutes! Get feedback from friends, your network, and a 200-million-people panel. Who knows? Your idea might be the next big thing.

https://www.producthunt.com/posts/prelaunch-ai-idea-validator

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

https://t.me/threenstartups

#prelaunch #producthunt #upvote #share #comment #callforcommunitysupport
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πŸš€ Grant Opportunity for up to 50 startups! πŸš€

🌟 Got a game-changing tech idea? Does it include a strong innovation and solve a real-world problem?

The Ministry of High-Tech Industry of Armenia is offering grants under the From Idea to Business program!

πŸ’‘ Apply for the "Idea Stage" component to receive funding for your startup concept!

πŸ’° Total budget: AMD 250,000,000! Grants up to AMD 5,000,000 per winning startup!

πŸ“… Deadline: May 13, 2024, 16:00. Apply online at ARMEPS procurement platform (in Armenian).

πŸ”— For competition details and application process, visit the Ministry's website (in Armenian).

πŸ“ Competition number: ԲՏԱՆ-Τ΄Υ„-2024/01

πŸ“ž Questions? Contact ministry at 010 590075, 010 590174 or email grants2023@hti.am.

#mhti #techgrant #fromideatobusiness #ideastage
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🌱 Exciting News! 🌱

Granatus Ventures has invested in the seed round of Sparxell, a UK-based developer of high-performance, sustainable, plant-based pigments.

Other notable investors include The Circular Innovation Fund, SpaceX-backer Future Communities Capital, and more, all supporting Sparxell's innovative mission.

"As a University of Cambridge spin-out, we were delighted to connect with Granatus Ventures through the Cambridge ecosystem. Granatus shares our ambition to make a meaningful contribution to the sustainability of our planet, and I look forward to working with the Granatus team as we scale our impact,” said Dr. Benjamin Droguet, Sparxell Founder & CEO.

Sparxell's plant-based pigments offer a compelling solution to environmental challenges posed by traditional chemical colorants.

Congrats to Granatus Ventures and Sparxell!

It's exciting to see an Armenian VC fund backing an international startup 🌟

https://t.me/threenstartups

#sustainability #innovation #successstory #granatusventures
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πŸš€ Exciting News! 🌟

Formula VC
venture fund invested in Audigo Labs.

This is the 17th startup in the portfolio of the venture fund. In total, Formula VC invested 3 million dollars in Armenian startups.

Audigo Labs enables effortless, mobile-centric audio and video creation: recording, live streaming, multi-user collaboration, editing, and distribution. Audigo is a true one-stop-shop for today’s modern creators who want to produce great sounding audio and video content - anytime, anywhere.

It's fantastic to witness another investment announcement from an Armenian VC in a single day! 🌱

Learn more about Audigo Labs: audigolabs.com

https://t.me/threenstartups

#successstory #audigolabs #formulavc #investment
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