🚀 Formula VC Invests in StarsHunt! 🌟

Formula VC invested in StarsHunt marking its 19th investment (the fund invested $3.4M in Armenian startups already 🚀🔥).

StarsHunt is revolutionizing recruitment with their AI-powered interactive interviews. It is an AI recruiter that conducts video interviews 24/7, asking personalized follow-up questions tailored to each candidate's responses.

Congratulations to Formula VC and StarsHunt on this milestone! We look forward to more success stories coming from this partnership! 🌟✨

https://t.me/threenstartups

#formulavc #starshunt #investment #successstory

Denovo Sciences, an Armenian deep-tech startup creating novel therapeutics using state-of-the-art AI technologies, has published an article in Nature, one of the world's most prestigious academic journals! 🌟

🔬✨ Don't miss out! Read their groundbreaking article here: https://www.nature.com/articles/s41598-024-65228-5

Join us in congratulating fellow Armenian startup innovators on this achievement!

https://t.me/threenstartups

#denovosciences #successstory

🌟 Join the "Ask VC" Community Meetup in Yerevan! 🌟

📅 Date: June 28, Friday
⏰ Time: Guest arrival at 18:45, Start at 19:00
📍 Location: Letters and Numbers Coworking & Cafe, 35G Tumanyan St., Yerevan

🤝 Event Highlights:
- Connect with fellow IT, startup, and venture investment enthusiasts.
- Meet potential co-founders, future colleagues, and like-minded individuals.
- Enjoy engaging conversations in an informal setting.

🍻 What's in Store:
- BBQ, local beer, and cider.
- Specialty coffee.
- Exciting new connections!

🎤 Moderator: Fedor Koryagin - Venture Analyst, Startup Founder (raised over $3M), and Author of the Telegram channel OutOfScope.

🎟 Admission is Free! Support the venue by purchasing a drink at the bar.

☑️ Reserve Your Spot Now: Register Here

https://t.me/threenstartups

#event #networking

Attention to startup founders❗️

Application deadline for the upcoming Sevan Startup Summit 2024 is extended. Apply and be among the hundreds to win!🎉

Participation is free for startups up to 4 members. 💼

❗️Apply here: https://www.f6s.com/sevan-startup-summit-24/apply

🌐Deadline: June 30.

Don't let this amazing opportunity slip away! 🤩

C U @ #Sevan24⛵️

https://t.me/threenstartups

#sss24 #sevanstartupsummit2024 #connect #learn #win #havefun

🚀 Opportunity for Deep-Tech & Tech Startups! 🚀

The EIC Accelerator 2024 is now open for applications! This is an excellent opportunity for SMEs and startups to scale up high-impact innovations with substantial funding and support.

Benefits:
- Funding from EUR 0.5 to EUR 17.5 million
- Business Acceleration Services
- Access to "patient capital" for long-term projects

Eligibility:
- SMEs, startups, and small mid-caps in EU Member States or Associated Countries. ❗️ Armenia is an eligible country.
- Innovations based on scientific discovery or technological breakthroughs.
- Technology must be at least at Technology Readiness Level 5.

How to Apply:

🗓Submit your short proposal anytime before December 24, 2024.
👉 Apply and find more details through this link.

Don’t miss this chance to bring your groundbreaking ideas to market! 🌟

https://t.me/threenstartups

#eufunding #eicaccelerator

🚀 Attention Tech Startup Founders! 🚀

The Tech Startup Competition by The Leo Lion Foundation is now open for applications! This is a good opportunity for innovative tech startups aiming to transform business operations and create a positive social impact.

Benefits:
- Secure up to $1m in seed funding
- Pitch your ideas at The Shard, London
- Gain support from the Leo Lion Foundation

Eligibility:
- Early-stage tech startups
- Visionary founders seeking to improve the world

How to Apply:
- Submit your pitch deck and business plan by September 30, 2024.
- 👉 Apply here: https://www.futureofcapitalism.tech/

Don’t miss this chance to turn your vision into reality! 🌟

https://t.me/threenstartups

#funding #competition #contest

One more important takeaway for startups and investors.

❗️Zach Coelius: For us the quality of updates is No1 indicator of a startup success. If a startup founder is able to periodically provide meaningful updates to its investors (providing both ups and downs on its journey) it is a good sign for investors.

From my personal experience, I would say that in the best case only 1 out of 10 funded startups realizes how important it is to proactively share updates with its investors.

As a CEO of an Angel Network I am spending a solid time reaching out to startup founders and asking them to update their investors.

Food for thought for the fellow startup founders 🤔

🚀 Exciting News from Berlin! 🚀

Synthflow AI, a Berlin-based startup founded by Armenian entrepreneurs Hakob and Albert Astabatsyan, and Sassun Mirzakhan-Saky, just raised $7.4M in Seed funding! 🎉

Led by Singular and backed by Atlantic Labs and AI leaders, they're set to revolutionize how small businesses use AI voice technology.

You can read a case study of the startup's journey prepared by Bubble. Here are the key takeaways:

No-Code AI Agents for Accessibility: Synthflow AI offers a no-code platform, making AI technology accessible to users without coding expertise.

Rapid Development and Iteration: Synthflow leveraged Bubble to build and launch their product in two weeks, enabling quick iterations and testing.

Community-Driven Growth: Synthflow's growth was driven by the supportive Bubble community, which validated their product-market fit and facilitated rapid scaling.

Congrats to the fellow Armenian founders on this big success!

https://t.me/threenstartups

#investment #synthflow #successstory

Applications for AICA's 22nd Pitching Session are now open!

Entrepreneurs who wish to present during the 22nd Pitching Session are invited to send their pitch decks.

🗓 Deadline: July 7, 2024
👉 Apply by sending your pitch decks (and other documents) to ventures@aica.social

The pitching session event will take place on July 20th.🌟

💡 Submitting early will give you more time to refine your startup story and strengthen your position for investor presentations.

Good luck!

https://t.me/threenstartups

#aica #angelinvesting #startup #pitchingsession

Join 500 Eurasia's AMA session on Wednesday, July 10th, with Pedro Santos Vieira, Partner at 500 Eurasia, to learn more about the program and application process.

👉 Sign up for the Information Session: https://shorturl.at/9UFuV

https://t.me/threenstartups

#500eurasia #500global #acceleratorprogram #techstartups

🚀 AWS, in collaboration with NVIDIA, has launched the AWS Generative AI Accelerator!

🌟 Program Highlights:

- Win up to $1M in AWS credits
- Receive a complimentary ticket to AWS re:Invent

🗓 Application Deadline: July 19, 2024.

🔗 Apply Now: aws.amazon.com/startups/accelerators/generative-ai

Finalists will be invited for virtual interviews. Stay tuned for updates by the end of August.

https://t.me/threenstartups

#aws #nvidia #acceleratorprogram

Happy Vardavar 💦

Product People Armenia will host Yeva Hyusyan, the Co-Founder & CEO of Sololearn, a Series B stage ed-tech startup that provides an at scale solution for upskilling and reskilling by making tech skills accessible to all.

The event will be in a BusinessTalks format, where you can ask questions from the audience and meet personally after the event.

The event will be moderated by Tat Ajamyan, Founder of SleepDoctor and Wakie (YC alum).

🗓 Date: July 9
🕢 Time: 6:30 PM

👉 Book your seat here: https://mssg.me/productpeople

🔥 This is the very first event hosted in a newly opened IT hub in the heart of Yerevan - at ai9. Find the Google Map link here.

Don't miss a chance to attend this event!

https://t.me/threenstartups

#event #networking #yevahyusyan #tatajamyan #ai9 #productpeoplearmenia

📊 Carta's Q2 Startup Ecosystem Insights: Key Takeaways 📊

Every quarter, Carta releases a comprehensive State of Private Markets report on the startup ecosystem. Here's an early glimpse into Q2 data for U.S. startups:

🚀 Valuation Trends:

- Modest increases in median pre-money valuations at most venture stages.
- Rapid valuation spikes for Series D and E+ rounds (on very low volume).

💵 Round Size Consolidation:

- Median cash raised remained steady from Seed through Series C after recovering from 2023 lows.

📈 Fundraising Overview:

Overall fundraising in Q2 is projected to be only slightly higher than Q1.

https://t.me/threenstartups

#carta #analytics #positivetrends

🚀 Open Call for Armenian Startups: Apply Now for the WITSA World Cup National Competition! 🚀

Calling all Armenian Pre-Series A startups! Showcase your innovative solutions and compete on a global stage. The WITSA World Cup National Competition in Armenia is now accepting applications until July 31, 2024.

🏆 Why Apply?
- Gain international exposure
- Compete with top startups worldwide
- Opportunity to represent Armenia at WCIT2024/DigiTec

📅 Key Dates:
- Application Deadline: July 31, 2024
- National Event: October 2024 at the Karen Demirtchian Complex, Yerevan

🔑 Evaluation Criteria:
- Innovation
- Customer traction
- Scalability
- Tech for good
- Potential

✨ Don't miss out on this chance to shine globally! Visit here for more details and to apply: https://www.f6s.com/witsa-national-competition-armenia

https://t.me/threenstartups

#witsaworldcup #wcit2024 #startups #competition #applynow

🚀 Index Ventures Announces $2.3 Billion in New Funds

Index Ventures announced a $2.3 billion in new funds to support the next wave of tech startups globally! 🎉

🔹 $800M for Venture Investments
🔹 $1.5B for Growth and Late-Stage Companies

The funds were raised in just a few weeks, entirely from existing LPs, showcasing the firm’s strong reputation.

Index Ventures is a leader in the VC space, particularly in AI. “There’s a huge opportunity for entrepreneurs to build on AI’s foundation models, adding real value,” says Nina Achadjian, partner at Index Ventures.

Index Ventures' portfolio includes Figma, Revolut, Roblox, Scale AI, and Wiz. Over the past 28 years, they’ve funded 108 unicorns, 23 decacorns, and 57 public companies.

P.S. Nina is one of the leading forces of HIVE - one of the first and most successful Armenian VC funds investing in numerous promising Armenian startups.

https://t.me/threenstartups

#indexventures #venturecapital #ninaachadjian #diaspora

🚀 Flagship Pioneering Raises $3.6B! 🧬

Flagship Pioneering has expanded its capital base by $3.6B to support the creation of 25 breakthrough companies in human health, sustainability, and AI. This brings their total capital raised since 2021 to $6.4B!

🔬 “Our focus is on pioneering original science to invent transformative technologies that improve human health and our planet,” says Flagship Pioneering Founder & CEO Noubar Afeyan.

🏢 Flagship has expanded globally with hubs in London and Singapore, through collaborations and partnerships with industry giants like Pfizer and Samsung.

👥 Flagship's portfolio includes innovative companies like Moderna, Generate Biomedicines, Indigo Agriculture, Foghorn Therapeutics, and Tessera Therapeutics.

This news and this one demonstrate the strength and power of the Diaspora. Its potential in transforming Armenia into an innovation hub is obviously underused.

https://t.me/threenstartups

#biotech #ai #flagshippioneering #investment #healthtech #noubarafeyan

🚀 HerculesAI (ex Zero Systems) secured $26M in Series B funding!

Exciting News for the Armenian Startup Ecosystem! HerculesAI (formerly Zero Systems) secured $26 million in Series B funding! 🎉

Since 2017, they’ve been pioneers in automating professional services, and their early focus on building large language models (LLMs) has paid off massively, especially after the surge of interest in LLMs with the rise of ChatGPT in 2022.

They’ve been developing small models since 2020, running them on edge devices for compliance. Today HerculesAI’s multi-agent system is revolutionizing intelligent data extraction, transformation, and verification, ensuring accuracy by comparing data against regulations, policies, contracts, and laws.

They had 4x growth in the past year, with 30% of the top 100 US law firms and major Fortune 500 companies like Mercer, Standard & Poor’s, and State Farm as clients.

Kudos to Gevorg Karapetyan and HerculesAI for their incredible achievement! 🌍🚀

https://t.me/threenstartups

#investment #successstory #herculesai