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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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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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πŸš€ Global Call for Science Incubation Program 2024!

Science Incubation Program 2024, led by Enterprise Incubator Foundation (EIF) with support from PMI Science R&D Center Armenia seeks visionary researchers and companies worldwide to turn disruptive ideas into reality.

It offers an opportunity to get $20K funding for prototype development and receive follow-on investment of $100K based on success of prototype.

Areas of interest are Materials Science, Alternative Energy, Neuroscience, Agronomy and more.

The program is open to researchers, professionals, and engineers globally.

πŸ“ Apply by May 20, 2024: https://shorturl.at/fvwP2

Register for detailed program insights at the upcoming Info Session: https://shorturl.at/jlpJ5

For Inquiries please contact Arpine Davtyan at info@eif.am or +374 11 219797.

https://t.me/threenstartups

#scienceincubation2024 #eif #pmisciencearmenia
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πŸš€ Join STAN Talks: "Unveiling the Granatus Ventures x Alchemist Partnership" with Manuk Hergnyan, Co-Founder & Managing Partner of Granatus Ventures.

Discover the collaboration between Granatus Ventures and Alchemist Accelerator! πŸ”₯

πŸ”— Register now: https://lu.ma/grantus-alchemist

πŸ“… Date & Time: May 8 at 7:00 PM GMT+4
πŸ“ Venue: FAST Creative Campus

Learn the benefits of this partnership and how it opens doors for startups in Armenia and beyond, offering unique investment opportunities and access to Alchemist's world-class acceleration program. Don't miss this chance to connect with industry leaders and gain valuable insights.

See you there! 🌟

https://t.me/threenstartups

#stan #stantalks #event #networking #granatusventures #alchemistaccelerator
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3N Startups
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’‘β€¦
The Ministry of HTI is organizing an info session with the community on the upcoming grant programs.

πŸ“… When: April 25, 17:00
πŸ“ Location: National Polytechnic University of Armenia, 13th building (Teryan 105)

At the meeting the representatives of the Ministry will present the details of two grant programs: "From Idea to Business" and "University-Private Sector Cooperation for Training Specialists".

Book your spot here: https://bit.ly/3vTdp6c

https://t.me/threenstartups

#mhti #techgrant #fromideatobusiness #ideastage
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πŸš€ Key Takeaways of Startup Central Eurasia Ventures Summit 2024 πŸš€

- Varlam Ebanoidze, Central Bank of Georgia: The Central Bank of Georgia, have adopted open policy fintech strategy, anchored by smart contracts and global collaborations.

- Adilbek Kamiyev, EA Ventures: Central Asia & Caucasus (CCA) region boasts 3x faster startup growth than the global average, with $110M in VC volume. Cross-border deals are on the rise, signaling immense growth potential.

- Pedro Vieira, 500 Global: There is no lack of capital in the CCA region, but that capital is not actively coming to invest in tech. It is important to have International Financial Institutions to invest in smallish funds (sub-$20m). Governments should offer fiscal and other incentives for the capital holders to invest in tech.

- Ravshan Kurbonov, Tajikistan Venture Capital: China has more than 10K patents in AI. We need to invest more in education - educate startups, incubation and acceleration programs, and the local investors to involve them in the investment.

- Salome Napetvaridze: They have invested $14m in startups that generated over $74m revenues. They have supported 240 startups so far. With the efforts of GITA, 8 IT parks were created. They have developed a legislation for tax incentives for startups, the law now has a definition of startup. Tax incentives, R&D Expenditure incentives introduced.

- Sona Veziryan, BANA Angels: The role of angels is that they are the first risk takers and that's how they support startup ecosystem establishment. It is better to have developed angel ecosystem rather that grant scheme and promote angel investment culture, increase the number of angels.

- Manuk Hergnyan, Granatus Ventures: There is no lack of capital in early-stage, there is a lack of good startups. There are very few funds that can lead Series A funds. The key is in nurturing high quality pipeline. If you have a good pipeline the capital will come.

https://t.me/threenstartups

#startupcentraleurasia #venturesummit2024
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Denovo Sciences organizes a webinar with Tudor Oprea, CEO at Expert Systems Inc and Professor Emeritus of Medicine, UNM Health Sciences Center.

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

This lecture topic is about Drug Discovery and Repurposing in the LLM era.

The lecture is scheduled for Tuesday, April 30, 2024 at 6:00 PM (GMT+4).

Tudor is a digital drug hunter with about 30 years of experience in AI and knowledge management in target and drug discovery. Three of the drugs he discovered reached clinical trials including R-ketorolac which he repurposed for ovarian cancer. He is the founder of two open source platforms - DrugCentral and Pharos.

πŸ“Œ Book your seat here: https://shorturl.at/blABW

https://t.me/threenstartups

#denovosciences #webinar #drugdiscovery #event #networking
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πŸ“£ Are you an HR professional or founder looking to scale your team successfully?

Get personalized insights from Mariam Hambardzumyan, Co-Founder at TCF and 2mindS, as she shares invaluable advice on "The Power of People and Culture".

Each participant will have 10 minutes of dedicated speed mentoring - 5 minutes to discuss their specific challenges and goals in team scaling or cultural integration, followed by another 5 minutes for an interactive Q&A session.

πŸ“… Date: May 7, 2024
πŸ•” Time: 10 AM, GMT+4
πŸ“ Location: Unicorn Community CafΓ©, 83 Koghbatsi Street

Mariam is a seasoned startup enthusiast, co-founder, and senior executive with a profound knowledge in strategic HR, labor law, and business strategy developmentβ€€

πŸ“₯ Secure your spot now by registering here: https://forms.gle/mUZDn3yrdLJUeaLG8

https://t.me/threenstartups

#factory #speedmentoring #mariamhambardzumyan #network #event
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Granatus Ventures announced about investment in Waveye!

Waveye, a US-based startup with teams in the US, Germany, and soon Armenia, develops a new generation of AI-powered imaging radars for automotive, industrial and robotics applications.

Waveye is developing lightweight, high-resolution imaging radars that target automotive, robotics and industrial applications. Waveye’s imaging radars use a novel operating principle to obtain ultra-high resolution radar imaging, coupled with deeply-integrated radar AI algorithms.

The company is founded by Levon Budagyan (founded and exited from Aarki), Gor Hakobyan (over 100 patent filings and extensive experience at Bosch and BMW) and Narek Rostomyan.

The investment from Granatus Ventures will help the company to accelerate the development of its radar prototype and software offering and prepare it for more in-depth validations in the future.

https://t.me/threenstartups

#investment #successstory #granatusventures #waveye
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3N Startups
The Ministry of HTI is organizing an info session with the community on the upcoming grant programs. πŸ“… When: April 25, 17:00 πŸ“ Location: National Polytechnic University of Armenia, 13th building (Teryan 105) At the meeting the representatives of the Ministry…
πŸ“’ Attention: short notice! πŸ“’

The Ministry of High-Tech Industry organizes an info session May 7 at 1:00 p.m. Armenia time to provide support for participation in two grant programs: "Idea to Business" and "University-Private Sector Cooperation for the Training of Specialists". 🌟

This info session will cover everything you need to know about these programs - from their goals and components to application procedures and conditions.

πŸ’Ό Plus, get insights into using the "ARMEPS" system and clarifications on any questions you might have.

πŸ‘‰ Book your spot here

https://t.me/threenstartups

#mhti #techgrant #fromideatobusiness #ideastage
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A post by Enzo Avigo about Mariam Hakobyan, the Co-Founder and CEO of Softr.io.

Some facts about Mariam:
- She was able to charge 1000$ / user before having a product. The startup has 400k users now.
- Mariam started her journey with her husband while having full-time jobs and building a family.

In this video Mariam shares her insights about:
- The blueprint to grow to over 400k users
- The marketing channels used to get millions of visitors
- The secrets behind their world-class community

πŸ‘‰ See the full video here

Proud to see a success of a women-led startup with an Armenian founder!

https://t.me/threenstartups

#softr #successstory #womenledstartup
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🎯 Angel Investor Club of Armenia (AICA) announced investment in Optimyzee

Optimyzee empowers businesses to create and launch cost-effective Google Search campaigns from scratch. Leveraging data derived from over 10,000 ad campaigns and a cumulative ad budget exceeding $10 million, Optimyzee integrates advanced AI to streamline and optimize the advertising process.

Currently, over 600 companies and startups benefit from using Optimyzee, achieving significant cost savings on their Google Ads.

This investment will be used to support Optimyzee in their mission to simplify PPC advertising for businesses worldwide.

Congrats to AICA and Optimyzee and we look forward to hearing more incredible news from this partnership πŸš€

https://t.me/threenstartups

#aica #optimyzee #investment #successstory
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SmartGate VC announced investment in TACTUN 🎯

TACTUN is the world's first full-stack no-code controller solution for smart manufacturing. As multimodal large language models (LLMs) continue to develop, Tactun's innovative technology is poised to revolutionize the way these models are used in controlling and operating physical systems.

Tactun was founded in 2017 by Rafayel Ghasabyan, Arev Hambardzumyan, Ani Artenyan and Vahe Momjyan. The founding team started their first venture together back in 2011 and continued working on various products over the last 13 years. TestResources, Indian Oil Corporation, JAXA, Bechtel, ThermoFisher Scientific, METAS, Boeing, Lockheed Martin, GE and others trusted them to build products and solutions.

TACTUN became SmartGateVC's 30th investment since 2018 πŸ”₯

Congrats to SmartGate VC and TACTUN and we look forward to hearing more incredible news from this partnership πŸš€

https://t.me/threenstartups

#smartgatevc #tactun #investment #successstory
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Short notice ⚑️

In the scope of the upcoming EBRD Annual Conference in Yerevan, organizers setup a real elevator where founders will be able to pitch their ideas to professionals.

Registered founders will have 1 minute to pitch their idea while being in the elevator. The elevator will be operating during each day of the EBRD Annual Conference from 14:00 to 22:00.

The conference will take place on 14-16 May 2024.

Startups can register to pitch in elevator by May 14.

Application link πŸ‘‰ https://forms.gle/nTTW26o3H2S6pP1F8

Credits: Video is taken from here.

https://t.me/threenstartups

#pitching #elevatorpitch #ebrdannualcongress2024 #networking
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πŸŽ‰ Big News! πŸŽ‰

eqwefy has been granted an investment company license by the Central Bank of Armenia! πŸ‡¦πŸ‡²βœ¨

This is an important achievement for the Armenian startup ecosystem that expands its capabilities in the financial sector.

Congrats to the whole team of eqwefy with this significant milestone. The team worked for over 8 months to make this happen.

For more info and updates please check out:
➑️ https://www.linkedin.com/company/eqwefy/

We will look forward to hearing about the next big announcements by eqwefy.

Congrats, Samson Avetian and team πŸš€

https://t.me/threenstartups

#eqwefy #investmentcompany #ecosystem #successstory
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πŸš€ WCIT 2024 program unveiled!

The World Congress on Innovation and Technology (WCIT) 2024 is coming to Yerevan, Armenia from October 4-7, 2024! πŸŽ‰

Under the theme β€œTHE POWER OF MIND: AI Beyond Limits, Within Ethics,” this event will feature:

➑️ High-Level Congress
➑️ B2B meetings
➑️ WITSA World Cup for startups

WCIT 2024/DigiTec, in collaboration with DigiTec, the region's largest tech event, will showcase Armenia's growing prominence as a global tech hub. Key speakers include Armenia's Minister of High-Tech Industry and the Chairman of WITSA.


πŸ“… Save the date: October 4-7, 2024
πŸ“ Yerevan, Armenia
πŸ”— More info: https://wcit2024-digitec.com/

https://t.me/threenstartups

#uate #wcit2024 #digitec #networking #event
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🌟 Don’t miss out on this unique opportunity! 🌟

Join The Landscape of Venture Investing; Building Bridges to the Armenia Ecosystem event on June 3! Network with top venture capitalists. Unlock insights into Armenia's investment landscape.

🎀 Featuring Pedro Vieira, Partner at 500 Eurasia
πŸ—“ Date: June 3, 2024 at 7 pm
πŸ“ Location: Hotel Alexander, Kars Hall

🌍 Language: English

πŸš€ Limited seats available! Submit your participation request now πŸ‘‰πŸ» https://bit.ly/44R7onx

https://t.me/threenstartups

#ueict #textnpayme #500eurasia #event #networking
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🌟 STAN and Triple S Ventures organized an Investors Meetup and Startup Pitching Session in LA! 🌟

On May 23, 2024, the STAN and Triple S Ventures hosted the exclusive Investors Connect in LA event, bringing together over 70 distinguished investors and key players from the Armenian tech ecosystem. It was a remarkable convergence of innovation and investment opportunities!

🎀 The event began with a welcome from STAN Angel Avetis Antaplyan, followed by an info session with STAN's Ruben Osipyan and TripleSVentures' Avag Simonyan.

πŸ’‘ A panel discussion featuring Ari Baranian (YC W23), ZarΓ© Baghdasarian, and Seline Karakaya, moderated by Avetis Antaplyan, provided further insights.

πŸš€ 10 promising Armenian startups pitched their innovative solutions. With up to 20 investors ready to invest a minimum of $5K per startup, the excitement was palpable!

Stay tuned for future events!

https://t.me/threenstartups

#stan #triplesventures #event #networking #investorconnectinla #community #diaspora
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