Prelauch announced closing a $1.5M seed round. BigStory VC led the round. Investors include Formula VC, Granatus Ventures, Business Angel Network of Armenia (BANA) and Vahe Kuzoyan, the co-founder of ServiceTitan.
Congratulations to the startup and investors on this significant achievement! We will look forward to hearing more success stories from Prelaunch team!
https://t.me/threenstartups
#prelaunch #narekvardanyan #investment #seedround #bigstoryvc #granatusventures #formulavc #bana #vahekuzoyan #successstory
Congratulations to the startup and investors on this significant achievement! We will look forward to hearing more success stories from Prelaunch team!
https://t.me/threenstartups
#prelaunch #narekvardanyan #investment #seedround #bigstoryvc #granatusventures #formulavc #bana #vahekuzoyan #successstory
TechCrunch
Prelaunch assembles a pre-seed round to help hardware founders pre-build the right pre-products
Hardware startups are hard, the saying goes, but it isn’t always obvious why they are hard. One of the core challenges is that it has traditionally been hard to do agile hardware product development — even if you get everything “right,” how do you know that…
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Formula VC invested $250K in 10Web.
Earlier, 10Web announced the launch of an AI assistant for WordPress. With the help of a new tool, it is possible to create content and make corrections for SEO in WordPress.
10Web was founded in 2017. It automates website creation, hosting and optimizes the speed with the help of artificial intelligence.
https://t.me/threenstartups
#formulavc #10web #investment #successstory #news
Earlier, 10Web announced the launch of an AI assistant for WordPress. With the help of a new tool, it is possible to create content and make corrections for SEO in WordPress.
10Web was founded in 2017. It automates website creation, hosting and optimizes the speed with the help of artificial intelligence.
https://t.me/threenstartups
#formulavc #10web #investment #successstory #news
Great news - Formula VC venture fund invested 200K USD in Wirestock!
Wirestock helps visual content creators monetize photos, graphics, and videos by providing creators with access to major marketplaces including Getty Images, Shutterstock, Adobe, Pond5, Envato, Freepik, and more.
Other venture funds, including Decart Ventures, I2BF, Graph Ventures, participated in Wirestock's this investment round.
This is the 14th startup in the portfolio of the venture fund. In total, Formula VC invested 2.3 million dollars in Armenian startups so far.
https://t.me/threenstartups
#formulavc #wirestock #investment #successstory #news
Wirestock helps visual content creators monetize photos, graphics, and videos by providing creators with access to major marketplaces including Getty Images, Shutterstock, Adobe, Pond5, Envato, Freepik, and more.
Other venture funds, including Decart Ventures, I2BF, Graph Ventures, participated in Wirestock's this investment round.
This is the 14th startup in the portfolio of the venture fund. In total, Formula VC invested 2.3 million dollars in Armenian startups so far.
https://t.me/threenstartups
#formulavc #wirestock #investment #successstory #news
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3N Startups
Formula VC calls applications for VC Journalism Bootcamp. Application Deadline: March 19, 2023 Apply: https://tinyurl.com/yyryrwux VC Journalism Bootcamp is an educational initiative organized by Formula VC in partnership with EVN Report. During 5 days…
It’s time to sum up VC Journalism Bootcamp and choose the best research!
Back in March Formula VC and EVN Report held VC Journalism Bootcamp for tech journalists and reporters, with the aim to provide journalists and reporters with insights of Armenian VC and tech ecosystem.
Over the course of 5 days, the participants of the bootcamp went over the insights on the stepping stones of Armenian VC ecosystem, as well as gained industry knowledge and insights. They are now ready to present their research to distinguished judges and compete for the title of the best research.
The Demo Day will happen on July 4 at 7 PM at the Factory (Halabyan 65/5).
The author of the best research will receive a special prize from Formula VC - 200.000 AMD!
Reserve your spot and register now!
https://t.me/threenstartups
#formulavc #vcjournalismbootcamp #demoday #event
Back in March Formula VC and EVN Report held VC Journalism Bootcamp for tech journalists and reporters, with the aim to provide journalists and reporters with insights of Armenian VC and tech ecosystem.
Over the course of 5 days, the participants of the bootcamp went over the insights on the stepping stones of Armenian VC ecosystem, as well as gained industry knowledge and insights. They are now ready to present their research to distinguished judges and compete for the title of the best research.
The Demo Day will happen on July 4 at 7 PM at the Factory (Halabyan 65/5).
The author of the best research will receive a special prize from Formula VC - 200.000 AMD!
Reserve your spot and register now!
https://t.me/threenstartups
#formulavc #vcjournalismbootcamp #demoday #event
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🚀 Formula VC invested 200 000 USD in ProdMap!
ProdMap is a product management and operations platform that helps businesses build products, manage a roadmap, align teams, and set objectives and key results with a single platform to manage their initiatives in one place, without needing multiple documents or tools.
This is the 15th startup in the portfolio of the venture fund. In total, Formula VC invested around 3 million dollars in Armenian startups.
Congrants to ProdMap and FormulaVC on this milestone! 🎉
https://t.me/threenstartups
#formulavc #investment #successstory #prodmap
ProdMap is a product management and operations platform that helps businesses build products, manage a roadmap, align teams, and set objectives and key results with a single platform to manage their initiatives in one place, without needing multiple documents or tools.
This is the 15th startup in the portfolio of the venture fund. In total, Formula VC invested around 3 million dollars in Armenian startups.
Congrants to ProdMap and FormulaVC on this milestone! 🎉
https://t.me/threenstartups
#formulavc #investment #successstory #prodmap
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What a day! FormulaVC announced the investment of $250K in Waveye.
Waveye is a radar imaging and AI company.
It is founded by Levon Budagyan, Gor Hakobyan and Narek Rostomyan. Levon Budagyan is a serial entrepreneur with a prior exit of over $150M. Gor Hakobyan is a scientist specialized in signal processing and radar technologies. He is an author of over 100 patents in that area.
Congrats to Waveye and FormulaVC teams on this achievement 🎉
https://t.me/threenstartups
#waveye #investment #successstory #formulavc
Waveye is a radar imaging and AI company.
It is founded by Levon Budagyan, Gor Hakobyan and Narek Rostomyan. Levon Budagyan is a serial entrepreneur with a prior exit of over $150M. Gor Hakobyan is a scientist specialized in signal processing and radar technologies. He is an author of over 100 patents in that area.
Congrats to Waveye and FormulaVC teams on this achievement 🎉
https://t.me/threenstartups
#waveye #investment #successstory #formulavc
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Great news for the Armenian startup ecosystem demonstrating a tectonic shift in the local capital market 🚀
The first investment from an Armenian pension fund into an Armenian VC fund has been announced.
C-QUADRAT Ampega Asset Management announced about investment of $1,030,000 in Formula VC.
Pension funds are actively investing in VC funds internationally. The decision to invest in Formula VC by C-Quadrat Ampega Armenia has high significance as this is the first case when an Armenian institutional investor invests in a VC fund. This will be a strong precedent for future investments by other local and international institutional investors.
Congrats to everyone with this important step forward.
Special kudos to the teams of C-QUADRAT and Formula VC on making this deal 🎉
https://t.me/threenstartups
#formulavc #investment #successstory
The first investment from an Armenian pension fund into an Armenian VC fund has been announced.
C-QUADRAT Ampega Asset Management announced about investment of $1,030,000 in Formula VC.
Pension funds are actively investing in VC funds internationally. The decision to invest in Formula VC by C-Quadrat Ampega Armenia has high significance as this is the first case when an Armenian institutional investor invests in a VC fund. This will be a strong precedent for future investments by other local and international institutional investors.
Congrats to everyone with this important step forward.
Special kudos to the teams of C-QUADRAT and Formula VC on making this deal 🎉
https://t.me/threenstartups
#formulavc #investment #successstory
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🚀 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
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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🚀 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
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
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3N Startups
🚀 BANA Angels Back Prodmap AI! Source: BANA Angels LinkedIn Post BANA Angels invested in Prodmap.ai, an AI-powered platform that automates the entire product development cycle, transforming ideas into market-ready products with speed and precision. From…
🚀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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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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🔥 Join 3N to stay updated on startup opportunities!
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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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🔥 Join 3N to stay updated on startup opportunities!
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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🔥 Join 3N to stay updated on startup opportunities!
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Formula VC announces follow-on investment in Docus
Source: Formula VC
Formula VC has made a follow-on investment in Docus, bringing its total investment in the startup to $350K.
Docus is building an AI layer for healthcare, transforming complex lab data into clear, actionable insights for both doctors and patients, while improving lab efficiency.
The platform now serves 300,000+ clinicians and patients and continues to scale.
Congrats to Docus and Formula VC on this milestone. Looking forward to their continued growth.
#FormulaVC #Docus #Investment
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Source: Formula VC
Formula VC has made a follow-on investment in Docus, bringing its total investment in the startup to $350K.
Docus is building an AI layer for healthcare, transforming complex lab data into clear, actionable insights for both doctors and patients, while improving lab efficiency.
The platform now serves 300,000+ clinicians and patients and continues to scale.
Congrats to Docus and Formula VC on this milestone. Looking forward to their continued growth.
#FormulaVC #Docus #Investment
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🔥 Join 3N to stay on top of startup news!
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🚀 Formula VC invests in PEARCH.AI
Source: Formula VC
Armenian-founded startup PEARCH.AI has raised additional backing from Formula VC, which has now invested $300,000 across two funds into the company.
PEARCH.AI is building AI-powered people search infrastructure for the next generation of recruiting products. Instead of relying on keywords, it enables ATS platforms, AI agents, and HR software to find candidates using natural language, delivering more accurate semantic search across hundreds of millions of profiles.
The company was co-founded by serial entrepreneur Hrachik Ajamian. Before PEARCH.AI, he founded Wakie, one of the early social communication apps, and is a Y Combinator alumnus.
Congratulations to Hrachik, the PEARCH.AI team, and Formula VC 👏
#Investment #FormulaVC
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Source: Formula VC
Armenian-founded startup PEARCH.AI has raised additional backing from Formula VC, which has now invested $300,000 across two funds into the company.
PEARCH.AI is building AI-powered people search infrastructure for the next generation of recruiting products. Instead of relying on keywords, it enables ATS platforms, AI agents, and HR software to find candidates using natural language, delivering more accurate semantic search across hundreds of millions of profiles.
The company was co-founded by serial entrepreneur Hrachik Ajamian. Before PEARCH.AI, he founded Wakie, one of the early social communication apps, and is a Y Combinator alumnus.
Congratulations to Hrachik, the PEARCH.AI team, and Formula VC 👏
#Investment #FormulaVC
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Join 3N - https://t.me/threenstartups
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Armenian-founded Prelaunch.com has raised a Pre-Series A round. Formula VC has made a follow-on investment after joining the company’s $1.5 million seed round in 2023.
Prelaunch helps companies test demand, pricing, and customer interest before launching a product. The platform is used by more than 1,000 brands.
In 2025, Prelaunch won Silver at the ESOMAR Awards for its research work with Ducati.
Congratulations to the Prelaunch and Formula VC teams.
Learn more: https://prelaunch.com/
Sources:
Formula VC Announcement
TechCrunch: Earlier $1.5 million round
#Investment #FormulaVC
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Prelaunch helps companies test demand, pricing, and customer interest before launching a product. The platform is used by more than 1,000 brands.
In 2025, Prelaunch won Silver at the ESOMAR Awards for its research work with Ducati.
Congratulations to the Prelaunch and Formula VC teams.
Learn more: https://prelaunch.com/
Sources:
Formula VC Announcement
TechCrunch: Earlier $1.5 million round
#Investment #FormulaVC
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Join 3N - https://t.me/threenstartups
Prelaunch
Prelaunch.com | Bullet-Proof Insights from Ready-to-Buy Customers
Customers place small deposits to prove their buying intent. Prelaunch uses proprietary technology to predict product performance and discover vital insights.
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Formula VC has invested $300K in Kestrel Robotics
Kestrel Robotics is developing behavior-oriented control systems for robotic equipment, with a focus on 3D-space physical AI and agile, omnidirectional aerial robots — technology that enables robots to better understand their surroundings, make decisions, and adapt to real-world conditions.
The company was also recently accepted into the NVIDIA Inception Program, gaining access to computing resources, go-to-market support, and connections across NVIDIA's ecosystem.
Congratulations to Kestrel Robotics and Formula VC!
#Investment #KestrelRobotics #FormulaVC
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Kestrel Robotics is developing behavior-oriented control systems for robotic equipment, with a focus on 3D-space physical AI and agile, omnidirectional aerial robots — technology that enables robots to better understand their surroundings, make decisions, and adapt to real-world conditions.
The company was also recently accepted into the NVIDIA Inception Program, gaining access to computing resources, go-to-market support, and connections across NVIDIA's ecosystem.
Congratulations to Kestrel Robotics and Formula VC!
#Investment #KestrelRobotics #FormulaVC
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Join 3N - https://t.me/threenstartups
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