Attracting Cross-border Investments to Armenian Tech Sector

Samson Avetian authored an op-ed discussing an untapped potential of deeper collaboration between Armenia and EU in tech sphere. The article showcases Armenian startup ecosystem, notable ecosystem players, initiatives and programs. Worth noting that the article discusses a joint project of 3 Armenian angel networks - Angel Investor Club of Armenia (AICA), BANA Angels, and Science & Technology Angel Network (STAN) that will be hosting Gateway to EU Congress in Armenia on Sep 18 and 19 this year.

Learn more here: https://www.intellinews.com/comment-europe-could-benefit-from-partnering-with-armenian-tech-innovation-378858/

Thanks to The Armenia Project for the support in making this article happen.

Photo Credit: Taken from the article

#SamsonAvetian #OpEd #EU #Scaling #ArmenianEcosystem

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🦄 Welcome a New Unicorn: Gecko Robotics!

Gecko Robotics announced that it raised $125M in a Series D round, pushing its valuation to $1.25B!

Founded by Armenian-American Jake Loosararian from a college dorm room 12 years ago, Gecko Robotics turned into a billion dollar company, with AI and robotics transforming the built world. The company has raised $347M to date from investors including Cox Enterprises (lead), USIT, XN, Founders Fund, and Y Combinator.

The Series D funding round was led by new investors, Cox Enterprises, with continuing investors USIT, XN, Founders Fund and YCombinator.

Congratulations to the entire Armenian startup ecosystem as another startup founded by an Armenian founder joined the Unicorn League!

Sources: CNBC, Gecko Robotics
Photo Credit: Gecko Robotics' LinkedIn post.

#GeckoRobotics #Unicorn #JackLoosararian #SuccessStory #ArmenianEcosystem

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