Students of the American University of Armenia are implementing a survey of Armenian startup ecosystem. We would be grateful if the startups could allocate up to 2 minutes to fill-in this survey. We will share the results of the survey here once the results are summed up.
https://t.me/threenstartups
#survey #ecosystemanalysis #startupecosystem #aua
https://t.me/threenstartups
#survey #ecosystemanalysis #startupecosystem #aua
Google Docs
Semester project by AUA senior students: Startup Funding in Armenia
Hello,
We have prepared a data collection survey regarding the Armenian startup ecosystem. The data will be used to create a report about total capital investments by Armenian VCs and Angels during 2021 to 2022 in Armenian startups.
The survey data will…
We have prepared a data collection survey regarding the Armenian startup ecosystem. The data will be used to create a report about total capital investments by Armenian VCs and Angels during 2021 to 2022 in Armenian startups.
The survey data will…
Nice read with an annual recap of BigStory VC and Formula VC activities for the last year. Congrats to the investors and their portfolio teams on their success.
This kind of efforts are significant contribution to the further development of Armenian startup ecosystem.
https://t.me/threenstartups
#startupecosystem #investors #armenianinvestors #annualrecap
This kind of efforts are significant contribution to the further development of Armenian startup ecosystem.
https://t.me/threenstartups
#startupecosystem #investors #armenianinvestors #annualrecap
Armenpress
BigStory VC venture capital fund co-founder outlines biggest challenge for startups in 2023
BigStory VC venture capital fund made 10 new investments in Armenian startups in 2022, seeking to increase the number of high-quality companies in...
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Founder Institute organizes an event to discuss the startup resources available for the founders from the Central & Eastern Europe (CEE).
At this online and interactive event, they will gather representatives from different entrepreneurial organizations from Central and Eastern Europe, to outline the local resources and provide tips on how to build a startup in CEE.
Date: 8:00pm, Jan 19, 2023 (Asia/Yerevan)
RSVP: https://FI.co/e/312490
https://t.me/threenstartups
#founderinstitute #fi #onlineevent #cee #easterneurope #centraleurope #startupecosystem
At this online and interactive event, they will gather representatives from different entrepreneurial organizations from Central and Eastern Europe, to outline the local resources and provide tips on how to build a startup in CEE.
Date: 8:00pm, Jan 19, 2023 (Asia/Yerevan)
RSVP: https://FI.co/e/312490
https://t.me/threenstartups
#founderinstitute #fi #onlineevent #cee #easterneurope #centraleurope #startupecosystem
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 📱💡
🚀 Artak shares there the latest insights, news, events, meetups, and talks straight from the heart of Armenia's tech scene.
👉 Don't miss out—join now: t.me/armtechblog
https://t.me/threenstartups
#armeniantech #startupecosystem
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 📱💡
🚀 Artak shares there the latest insights, news, events, meetups, and talks straight from the heart of Armenia's tech scene.
👉 Don't miss out—join now: t.me/armtechblog
https://t.me/threenstartups
#armeniantech #startupecosystem
Telegram
Artak Tech blogger
Tech-influencer with 60.000+ subscribers
https://linktr.ee/artaktechblogger (including LinkedIn, Instagram, Youtube, Facebook, Newsletter collectively)
Personal Telegram: t.me/sartak82 (for collaboration)
https://linktr.ee/artaktechblogger (including LinkedIn, Instagram, Youtube, Facebook, Newsletter collectively)
Personal Telegram: t.me/sartak82 (for collaboration)
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A Global Acceleration Program Comes to Armenia! 🌟
The Ministry of High-Tech Industry starts a collaboration with Plug and Play.
In the scope of collaboration a 26-week program will be launched to empower Armenian startups. This program will offer consultation services, capacity building, business development, innovation support, and one-on-one mentoring.
Notably, Plug and Play's investment fund previously invested in a number of startups with Armenian founders such as Aarki (exited to Skills), SuperAnnotate and ModicusPrime.
Glad to see that the initiative started by the previous leadership of the ministry was successfully continued and implemented by the new leadership team.
We hope to hear more news coming out from this partnership. Can't wait to see program's impact on the Armenian startup ecosystem 🇦🇲🚀
https://t.me/threenstartups
#plugandplay #innovation #startupecosystem #mhti #finally
The Ministry of High-Tech Industry starts a collaboration with Plug and Play.
In the scope of collaboration a 26-week program will be launched to empower Armenian startups. This program will offer consultation services, capacity building, business development, innovation support, and one-on-one mentoring.
Notably, Plug and Play's investment fund previously invested in a number of startups with Armenian founders such as Aarki (exited to Skills), SuperAnnotate and ModicusPrime.
Glad to see that the initiative started by the previous leadership of the ministry was successfully continued and implemented by the new leadership team.
We hope to hear more news coming out from this partnership. Can't wait to see program's impact on the Armenian startup ecosystem 🇦🇲🚀
https://t.me/threenstartups
#plugandplay #innovation #startupecosystem #mhti #finally
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🚀Pitch Your Startup to Investors: AICA Opens Applications
Armenia's Angel Investor Club (AICA) is now accepting applications for its 23rd Pitching Session, set to take place on November 2.
📅 Deadline: Submit your pitch decks by October 20. And remember – early birds have more time to perfect their story!
✅ Don’t miss the opportunity to showcase your startup to leading investors.
Submit your pitch 👉 ventures@aica.social
#PitchYourStartup #Investors #AICA #StartupEcosystem
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Armenia's Angel Investor Club (AICA) is now accepting applications for its 23rd Pitching Session, set to take place on November 2.
📅 Deadline: Submit your pitch decks by October 20. And remember – early birds have more time to perfect their story!
✅ Don’t miss the opportunity to showcase your startup to leading investors.
Submit your pitch 👉 ventures@aica.social
#PitchYourStartup #Investors #AICA #StartupEcosystem
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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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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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🚀 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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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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🚀 Save the Date: Sevan Startup Summit 2025!
Mark your calendars - Sevan Startup Summit 2025 is happening from July 20 to 26! 🌊🏕️
The SSS team has announced that registration will open very soon!
One of the best startup events you don’t want to miss! 🔥
#Sevan25 #SevanStartupSummit #HaveFun #StartupEcosystem
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Mark your calendars - Sevan Startup Summit 2025 is happening from July 20 to 26! 🌊🏕️
The SSS team has announced that registration will open very soon!
One of the best startup events you don’t want to miss! 🔥
#Sevan25 #SevanStartupSummit #HaveFun #StartupEcosystem
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Armenian Code Academy, STEP Consulting LLC, and Technological Education Foundation published their Armenia’s Tech & Startup Ecosystem Overvew for 2025🚀📊
Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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Key Highlights:
• 1,253 active tech companies in Armenia
• 58,700 professionals are employed in tech sector
• $2.3B industry turnover in 2024
• 7% of GDP from ICT – a significant contributor to the GDP
• $120M+ in startup funding in 2024 – Great year with multiple Series A & B rounds.
• 🦄 ServiceTitan IPO on NASDAQ – The first Armenian-founded startup to go public, valuing at nearly $10B.
• Plug & Play’s entry into Armenia – A huge milestone for the country!
🔗 Donwloand the full report here: https://bootcamps.aca.am/insights
#ArmeniaTech #StartupEcosystem #Investment #TechGrowth #Innovation
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🔥 Join 3N to stay updated on startup news!
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📣 Armenian founders: Looking to expand to EU?
Digital Explorers II is offering a fast-track soft-landing in 🇱🇻 Latvia - your gateway to the 🇪🇺 EU market.
With lower costs, faster access to EU markets, and real founder-focused support (grants, accelerators, mentoring), Latvia offers an efficient path to scale. Through the Digital Explorers II program, you’ll get everything you need to launch in Europe—without burning your runway.
Apply by May 26 👉 https://apply.workable.com/digitalexplorers/?lng=en
This initiative is supported by STAN and ESTDEV.
#ArmenianFounders #DigitalExplorers #Latvia #STAN #ScaleGlobal #StartupEcosystem #EU
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Digital Explorers II is offering a fast-track soft-landing in 🇱🇻 Latvia - your gateway to the 🇪🇺 EU market.
With lower costs, faster access to EU markets, and real founder-focused support (grants, accelerators, mentoring), Latvia offers an efficient path to scale. Through the Digital Explorers II program, you’ll get everything you need to launch in Europe—without burning your runway.
Apply by May 26 👉 https://apply.workable.com/digitalexplorers/?lng=en
This initiative is supported by STAN and ESTDEV.
#ArmenianFounders #DigitalExplorers #Latvia #STAN #ScaleGlobal #StartupEcosystem #EU
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🚀 Fantastic news - Armenia climbs higher in the global startup rankings!
According to the newly released Global Startup Ecosystem Index 2025 by StartupBlink, Armenia has moved up 3 spots to #54 globally, demonstrating a 22.8% annual ecosystem growth. It is #1 in Central Asia and ranks among the top 40 globally in Software & Data.
📍 Highlights:
• Yerevan jumped 19 spots to rank 181st globally — the fastest growth in the region.
• The ecosystem is powered by a strong public-private synergies.
• Armenis is a home to 2 official unicorns - Picsart and ServiceTitan.
• Major global tech players like NVIDIA, Synopsys, and AMD have large R&D centers in the country.
• Mature Ecosystem with 4 active angel networks and 5 early-stage VCs.
Armenia's report was developed with the data partnership of STAN.
Full report is here: https://bit.ly/43BKDop
#Armenia #StartupEcosystem #StartupBlink
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According to the newly released Global Startup Ecosystem Index 2025 by StartupBlink, Armenia has moved up 3 spots to #54 globally, demonstrating a 22.8% annual ecosystem growth. It is #1 in Central Asia and ranks among the top 40 globally in Software & Data.
📍 Highlights:
• Yerevan jumped 19 spots to rank 181st globally — the fastest growth in the region.
• The ecosystem is powered by a strong public-private synergies.
• Armenis is a home to 2 official unicorns - Picsart and ServiceTitan.
• Major global tech players like NVIDIA, Synopsys, and AMD have large R&D centers in the country.
• Mature Ecosystem with 4 active angel networks and 5 early-stage VCs.
Armenia's report was developed with the data partnership of STAN.
Full report is here: https://bit.ly/43BKDop
#Armenia #StartupEcosystem #StartupBlink
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$4 Million USD Government Funding Approved to Strengthen Armenia’s Startup Ecosystem! ⚡️
The Minister of High-Tech Industry of Armenia just announced that at today’s session, Government of Armenia approved a 3 year contract with Plug and Play Tech Center accelerator! The long-term collaboration with Plug and Play aims to ensure stable growth and development of Armenia’s startup ecosystem. Over the next three years, Plug and Play will establish a permanent branch in Armenia to run incubation, pre-acceleration, and acceleration programs, paving the way for our innovators to compete globally.
Congrats to all of us on this important step ahead. Special thanks to the team of the MHTI led by the deputy minister Ruben Simonyan on making this happen.
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#Armenia #StartupEcosystem #PlugAndPlay #EcosystemBuilding #MHTI #GovernmentSupport
The Minister of High-Tech Industry of Armenia just announced that at today’s session, Government of Armenia approved a 3 year contract with Plug and Play Tech Center accelerator! The long-term collaboration with Plug and Play aims to ensure stable growth and development of Armenia’s startup ecosystem. Over the next three years, Plug and Play will establish a permanent branch in Armenia to run incubation, pre-acceleration, and acceleration programs, paving the way for our innovators to compete globally.
Congrats to all of us on this important step ahead. Special thanks to the team of the MHTI led by the deputy minister Ruben Simonyan on making this happen.
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#Armenia #StartupEcosystem #PlugAndPlay #EcosystemBuilding #MHTI #GovernmentSupport
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🚀 AI Virtual Institute Launched!
The Minister of Hight-Tech Industry of Armenia announced the official launch of the AI Virtual Institute in partnership with Amazon Web Services (AWS) and Mistral AI. The AI Virtual Institute is an initiative of the Ministry to encourage open innovation, empower AI innovators, founders, researchers, and tech builders.
The contribution of AWS and Mistal AI will be as follows:
- AWS: technical expertise of AWS Solutions Architects, training resources, and best practices
- Mistral AI: Access to Mistral's AI platform, free access to APIs for selected laureates.
For the selected startups and researchers, the Institute will provide an AI marketplace and tailored support to increase exposure and bring their solutions to markets.
Stay tuned for the call for applications coming soon: https://ai.gov.am/
#Armenia #StartupEcosystem #AIVirtualInstitute #EcosystemBuilding #MHTI #GovernmentSupport
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The Minister of Hight-Tech Industry of Armenia announced the official launch of the AI Virtual Institute in partnership with Amazon Web Services (AWS) and Mistral AI. The AI Virtual Institute is an initiative of the Ministry to encourage open innovation, empower AI innovators, founders, researchers, and tech builders.
The contribution of AWS and Mistal AI will be as follows:
- AWS: technical expertise of AWS Solutions Architects, training resources, and best practices
- Mistral AI: Access to Mistral's AI platform, free access to APIs for selected laureates.
For the selected startups and researchers, the Institute will provide an AI marketplace and tailored support to increase exposure and bring their solutions to markets.
Stay tuned for the call for applications coming soon: https://ai.gov.am/
#Armenia #StartupEcosystem #AIVirtualInstitute #EcosystemBuilding #MHTI #GovernmentSupport
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