🚀Prodmap.ai Secures Another Investment—This Time from Formula VC! 

Fresh off its recent funding from BANA Angels, Prodmap.ai has now raised $200,000 from Formula VC II, and it’s starting to feel like momentum is building fast.

With AI-driven roadmap planning and real-time execution insights, Prodmap.ai is making serious steps in product development. At this pace, we can’t wait to see what’s next!

👏Congratulations to Prodmap.ai and Formula VC on this exciting journey! Source: Formula VC’s LinkedIn post.

#FormulaVC #Investment #ProdmapAI #SuccessStory

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🌱2025 Fellowship for Agri Innovators

Impact Hub Yerevan and ACBA Federation are back with their Fellowship Incubation Program—a one-year journey designed to help you grow your agriculture-focused startup.

What’s in it for you?

✅ Professional individual support
✅ Workshops on essential topics from idea validation to financial management, pitching, etc.
✅ Mentorship
✅ Membership at Impact Hub Yerevan
✅ Daily engagement with a dynamic community of over 350 creative innovators
✅ Access to ACBA Federation’s wide network in the agriculture industry
✅ The top three participants of the semi-pitch will receive the chance to join the reArmenia academy for their Fundraising Program.

💰At the end of the program, the final pitch will determine the top participant who will receive a 1,200,000 AMD award!

Think your idea has what it takes? Apply ⬇️

⏳ Deadline: Feb 12, 2025, 11:59 PM.
🔗 More details here.
📝 Apply here.

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Pitch at the EBAN Congress to Secure Funding!

Source: EBAN Congress Website

EBAN Congress, co-hosted by EBAN, DanBAN, and the InvestEU Portal happening on June 3-5, 2025 will is the place to showcase your startup to a large community of EU angels and early stage investors.

Selected startups receive:
• Complimentary Tickets to the Congress
• Pitching Slot to present to top investors
• Featured Profile on the Congress website for visibility
• Full access to workshops and sessions

Apply Deadline: April 15, 2025
Apply Here: https://ebancongress.com/apply-to-pitch

#EBANCongress #PitchingEvent #StartupFunding #Networking #Investors #ApplyNow

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🚀ASA Pre Acceleration Batch 8 | Demo Day

Armenia Startup Academy is hosting the Pre-Acceleration Program Batch 8 Demo Day on February 18 at Yandex Hall.

10 startups will present their ideas to investors, industry experts, and the startup community. It’s a chance to get a first look at some of Armenia’s most promising early-stage startups, network and engage with key people shaping the ecosystem.

Also, the event will have a networking session and catering to connect and explore potential collaborations.

🤝Supported by GIZ through the Private Sector Development & TVET in Armenia project.

📌 Register here: https://lu.ma/iyew1jwp
📅 Date & Time: February 18, 6:00 PM
📍 Location: Yandex Hall, Moskovyan 35


#ASA #PitchingEvent #DemoDay #Networking

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TCF: A Global Leader in E-Commerce Marketing & Crowdfunding

In 2025, TCF marked a significant milestone in its financial evolution by issuing its inaugural coupon bonds. The total volume of the issue is AMD 400 million. The bonds are intended for free market circulation.

✅Nominal Value per Bond: 100,000 AMD
✅Offering Period: January 7, 2025 – April 7, 2025
✅Placement Agent: Dimension CJSC

TCF stands as one of the world's preeminent international marketing agencies, specializing in innovative technology, e-commerce, and crowdfunding solutions. With a decade of proven expertise, TCF has established itself as the industry leader in orchestrating successful million-dollar crowdfunding campaigns, setting global benchmarks for campaign success rates and revenue generation.

The company maintains strategic operations through offices in:

🇺🇸 USA – Serving North American markets and global technology hubs
🇨🇳 China – Facilitating manufacturing partnerships and Asian market expansion
🇦🇲 Armenia – Housing key development and operational teams

TCF collaborates with:

Crowdfunding Platforms: Deep integration with Kickstarter and Indiegogo
E-commerce: Strategic partnership with Amazon
Marketing Technology: Collaboration with Klaviyo for advanced marketing automation

The company has worked with brands like Keychron, CIGA Design, KaraWater, YASHICA, and Particula, helping them scale globally.

👉 Learn more here.

🔗 The bond prospectus has been registered with the Central Bank of Armenia under Decision No. 1/423 A, dated November 6, 2024. View the full document here: https://bit.ly/TCF-Bonds

📢 This is a partner post in collaboration with TCF.

#TCF #Ecommerce #crowdfundingcompany

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🚀 TUMO Labs GreenTech Incubation Program

More incubation programs are shifting focus toward sustainability, and TUMO Labs is launching its GreenTech Incubation Program. This 12-week program is designed to help entrepreneurs turn their GreenTech ideas into viable startups, providing mentorship and resources throughout the process, from idea validation to securing funding.

Who can apply?

♻️Individuals or teams passionate about green technologies, sustainable fashion or tourism, circularity, resource efficiency, or clean energy.
♻️Whether you have an idea or are ready to brainstorm and validate new concepts, the program will guide you through every step.
♻️Teams will be mixed for the Ideathon event, and new teams will be formed during the Incubation stage.

⏰ Deadline to apply: March 3.
🔗 More details here

#Incubationprogram #GreenTech #TumoLabs

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🎉 Plug and Play Expo: First Armenian Startup Batch Showcase

Armenia’s first batch of startups from the Plug and Play International Accelerator will be showcased at an upcoming Expo event. The event will highlight the innovative progress made by these startups and celebrate the achievements within Armenia's growing innovation ecosystem.

The event will bring together government officials, entrepreneurs, investors, and local and international VCs, which is a perfect opportunity for inspiration, collaboration, and networking.

🗓 Date & Time: Saturday, February 22, 2025
📌 Register here
📍 Location: Sundukyan Theater, 6 Grigor Lusavorich Street

#PlugandPlay #StartupBatch #InternationalAccelerator

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🚀 Deep Origin Challenge 2025 – Registration Open!

Are you ready to push the boundaries of AI and molecular modeling? Join DeepOrigin’s DO Challenge 2025 and put your problem-solving, creativity, and teamwork skills to the test!

Date & Time: March 22, 2025 | 09:00 - 22:00 (Armenian Time)
Location: DeepOrigin Armenia, 3 Hakob Hakobyan (Mergelyan Institute)

Challenge Overview:
• 10-hour AI-driven molecular modeling competition
• Work solo or in teams (1-4 people)
• Solve real-world challenges under resource constraints
• Compete for $6,000 in cash prizes

Who Should Apply?
• Experience in CS/coding
• Bring your own laptop
• No chemistry knowledge required

Food & Beverages Provided (Lunch, Dinner, Coffee)

Pre-Registration Deadline: March 16, 2025
For inquiries: info.armenia@deeporigin.com

Find more details and apply: https://www.deeporigin.com/events/deep-origin-challenge-2025

#DeepOrigin #MolecularModeling #MachineLearning #Competition #Hackathon

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🎉 A Major Milestone for Armenia’s Startup Ecosystem!

Yesterday marked a significant moment for Armenia’s tech scene as startups from the first-ever batch of Plug & Play’s International Acceleration Program in Armenia took the stage! 🚀

The OutOfScope Telegram channel put together a great startup mapping, breaking down the verticals and technologies showcased at Demo Day.
👉Check it out here.

👏 Congratulations to the Ministry of High-Tech Industry and Plug & Play teams for making this happen! And hats off to the startups who pitched their innovations- we look forward see the next success stories emerge from this batch.

Looking forward to more game-changing programs by Plug & Play in Armenia! 🔥

#PlugAndPlay #Acceleration #DemoDay #Startups #Ecosystem #StartupEcosystem #MHTI

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🚀 Applications Open for the 7th Edition of the TransAtlantic Angel Conference (TAAC)!

The TransAtlantic Angel Conference (TAAC) is a virtual startup pitch competition that brings together early-stage business angels from Europe and the USA to support pre-seed and seed-stage startups.

This sector-agnostic event offers a “winner takes all” investment ranging from $100,000 to $200,000, with potential additional funding for up to five other promising startups.

Program Timeline:
• March 27: Program commencement.
• April 3: First pitch to investors.
• June 12: Final public presentation and winner announcement.

Application Details:
• Application Fee: $100
• Eligibility: Pre-seed and seed-stage startups from North America and greater Europe.
• Application Limit: Capped at 60 startups.

For more information and to apply, visit the TAAC website.

Source: TransAtlantic Angel Conference on Gust


#TAAC #AngelFunding #ApplyNow

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🚀 STAN & Triple S Ventures Announce Co-Investment in My Town AI!

STAN and Triple S Ventures have co-invested in My Town AI, marking the first investmend done in the scope of STAN’s Los Angeles Chapter, launched in partnership between STAN and Triple S Ventures.

My Town AI is transforming small-town management by integrating AI, municipal data, and low-cost digital twin technology. Their solution enhances local government operations, empowering understaffed communities with real-time insights for smarter, faster decision-making and improved productivity.

Learn more about the deal and startup here.

🎉 Congrats to the investors and the My Town AI team on this exciting step forward!

#TripleSVentures #STAN #Investment #STANLAChapter #SuccessStory
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🚀 Celebrating the Launch of Formula VC II Fund!

Today marks an important milestone for the Armenian startup ecosystem with the opening ceremony of Formula VC II Fund!

Since its inception in 2021, Formula VC I has backed 22 startups, many of which have grown into global leaders in fields like cybersecurity, AI, and quantum technologies. With investors and advisors from 20+ countries, Formula VC has become one of the key enablers of the Armenian startup ecosystem.

With a vision to invest $30M in 35–40 companies, Formula VC II will further fuel the next wave of innovation and strengthen Armenia’s position in the global tech ecosystem.

A heartfelt congratulations to the founders, LPs, and the entire Formula VC community on this incredible journey!

(c) Photo Credit: Itel's article

#VentureCapital #Armenia #StartupEcosystem #TechInnovation #FormulaVC

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Empowering Diaspora Tech Startups: Applications Open for Neruzh 6.0!

The Ministry of High-Tech Industry of Armenia has launched Neruzh 6.0, a program designed to support diaspora-led technology startups.

Eligibility:
- Diaspora Armenians who have lived abroad for at least 5 years.
- Teams with at least 50% diaspora founders.
- Repatriates who returned to Armenia within the last 6 months.

What's in it for you?
- A 6-day intensive program in Armenia with mentorship, networking, and startup development.
- Grants of up to $75K (30M AMD) for winning teams!
- Long-term support from an international accelerator to scale your startup.

📌 Apply by May 30, 2025, 6:00 PM!
Application Link: https://gust.com/programs/neruzh-6-0-diaspora-tech-startup-program

For more details: https://hightech.gov.am/en/tegekatvakan-kentron/ayl/norutyunner/neruzh6

#Neruzh #DiasporaStartups #ArmeniaTech #Innovation #Entrepreneurship

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“Theorizing without data is meaningless.”
Armenia vs. Estonia – A Comparative Look

As reported by Economy of Armenia channel, the minister of high-tech industry of Armenia presented Armenia’s technology sector impressive growth:

🇦🇲
- Annual turnover: 1.15 trillion drams ($2.93 billion)
- Employees in IT: 41,500
- GDP share: 7-8%

Meanwhile, during a meeting with the Estonian Association of ICT on February 5, 2025, they presented country's latest figures:

🇪🇪
- Annual turnover: €10.2 billion ($10.6 billion) - 3.6x bigger than in Armenia
- Employees in ICT: 38,942 - little bit less than in Armenia
- GDP share: 11% - which is 4-5% more than in Armenia

Key Takeaways
Despite Estonia’s smaller population (~1.3 million vs. Armenia’s ~2.8 million), its tech sector contributes more significantly to GDP, operates at a larger scale, and generates higher per-employee revenue. We understand that reasons of the success require deeper analysis, but probably the Estonian success should be found in digital transformation, startup-friendly policies, and deep integration of tech into governance.

While we are proud to see the success of the Armenian private tech sector (as an example, Formula VC recently announced a launch of their 2nd fund  of $30M  🚀) we also realize a massive need of comparing ourselves with countries like Estonia to identify key lessons and strategies that can accelerate Armenia’s growth.

Estonia’s journey from a post-Soviet state to a global leader in digital innovation proves that well-thought policies, strategic investments, and a strong startup ecosystem can drive transformative change.

The Estonian model serves not just as inspiration but as a benchmark for what’s possible. The question is - how fast can Armenia catch up?

#Armenia #Estonia #EcosystemComparison #Editorial

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Join Founder Fridays City Competition!

Yerevan Founder Fridays offers a great opportunity for early stage startups this March. Apply for pitching at the upcoming pitch competition.
The winner will compete globally for a chance to pitch live on This Week in Startups to Jason Calacanis!

The opportunity is for the founders actively building their MVP or with an MVP ready.

Event Details
- Pitch Format: 2-minute pitch in English
- Venue: Latitude Art Space
- Date & Time: March 7, 7:00 PM

Application Deadline: March 6, 23:59 Armenia time
More details and apply here: https://app.getriver.io/events/founder-fridays-yerevan-3qg

Get ready for the pitching:
🔗 How to Give a Great Presentation
🎬 LAUNCH Accelerator Demo Day
🎬 Founder University Pitch Intensive

#FounderFridays #PitchCompetition

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Picsart Partners with Deutsche Telekom! 🚀

As announced by Mikayel Vardanyan, Picsart’s AI Avatars will be natively integrated into Deutsche Telekom’s upcoming AI phone!

What this means:
• AI-Enhanced Phone – Deutsche Telekom’s new AI phone will seamlessly integrate AI into daily tasks: designing, writing emails, translating, and more.
• 48M+ Customers – Picsart’s AI Avatars will be available to millions of users across Europe.
• Top AI Players – Picsart joins Google Cloud AI, ElevenLabs, and Perplexity in powering this next-gen AI experience.

👉 Learn more about the Deutsche Telekom's AI-Enhanced Phone here.

Excited to see the progress of Picsart - Congrats to the team on this milestone! 👏

#Picsart #DeutscheTelekom #AIPhone #Partnership

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Podcastle Unveils their AI Text-to-Speech Race with Asyncflow v1.0! 🚀

Podcastle launched AI-powered text-to-speech functionality with its newly launched Asyncflow v1.0, offering 450+ AI voices and a developer-friendly API for seamless app integration.

Two Major Breakthroughs:

Unlimited Voice Generation from Prompts: You can generate unlimited voice skins from simple prompts. Premium-quality voices are delivered at dramatically more accessible prices than anyone else in the market.

3-Second Voice Cloning with Perfect Fidelity: The model can clone a voice from just 3 seconds of audio! It captures the entire voice signature - pitch, prosody, timbre, intonation, accent - allowing you to create an unlimited number of personalized voice variations with different moods and styles.

Learn more about this breakthrough on TechCrunch arcticle.

Source: LinkedIn post of Podcastle's Founder & CEO Arto Yeritsyan.

Amazing to see this happening - congrats to Podcastle team on this milestone! 👏

#TextToSpeech #Podcastle #Asyncflow #SuccessStory

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🚀 Microchip Expands in Armenia with a New Office in Yerevan!

Microchip Technology partners with Armenian Venture Studio Instigate for several years. In 2023 Microchip acquired Instigate Semiconductor.

The collaboration between Instigate and Microchip continues as Instigate continues advising Microchip on Armenian operations. Worth noting, that the company supports the next-generation talent nurturing for Mirochip facilitating internship opportunities for the students of Real School in Microchip.

Microchip has centers 4 Armenian cities - Yerevan, Gyumri, Vanadzor and Ijevan.

Notable Quote from Microchip Executive: “If you’re looking for top talent in Europe, there’s no better place than Armenia.” – Rajeev Jayaraman, Sr. Director, Microchip.

Read full article by

👏 Congrats to Instigate team on this success!

(c) Sources: Economy of Armenia, Armenpress

#ArmeniaTech #Instigate #Microchip

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Alexis Ohanian just announced that he is bidding to buy TikTok US 😯

Let’s see how it goes! 👀

Read more about this news here: Reuters Article

#TikTok #Web3 #AlexisOhanian

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As How2B reports, Web3 Armenia has issued an open letter expressing disagreement with the Central Bank of Armenia’s proposed crypto regulations. You can read the letter here (in Armenian).

We'd love to hear CBA’s response and see both organizations, along with the Government and the National Assembly engage in a constructive dialogue to shape the future of fintech innovation in Armenia.

Meanwhile, neighboring Georgia is taking a proactive approach. The National Bank of Georgia recently initiated a national fintech strategy focused on:

1. Progressive regulation to support fintech startups
2. Early-stage experimentation with blockchain and emerging technologies
3. Cross-border fintech collaboration to scale Georgian startups internationally

While it’s exciting to see this development in brotherly Georgia, it also serves as a wake-up call for Armenia. With our startup ecosystem, banking sector, and diaspora connections, fintech has a huge development potential here. Public-private partnerships are key to making that happen! Let’s foster dialogue and drive innovation forward.

#FinTech #Web3Armenia #CBA #Regulation #Innovation #PPP #Dialogue

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Applications Now Open for She Wins Climate! 🌍

She Wins Climate program is designed for woman-led startup based in Eastern Europe or Central Asia tackling climate challenges.

What’s in it for you?
• Funding opportunities – Connect with top investors & pitch your startup
• Mentorship – Expert guidance in climate innovation & entrepreneurship
• Visibility – Get global exposure to partners & stakeholders
• Tailored training – Master investment readiness & pitching

Application Deadline: March 17, 2025
Apply Here: https://vc4a.com/ifc/she-wins-climate-acceleration-program-2025/

The She Wins Climate Program 2025 is supported by IFC and implemented by VC4A, adelphi, and EBAN.

#SheWinsClimate #WomenInTech #ClimateInnovation

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