3N Startups
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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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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
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Aksel Piran, Co-founder and Syndicate leader of the Syndicate by BANA announced that BANA Angels invested $100K in Waveye.

It is heartening to see such collaborative approach of the Armenian investors supporting a fantastic team formed by Diaspora Armenian founders. The investment by BANA Angels was announced several days after the investment announcement by Formula VC.

Congrats to BANA Angels and Waveye on this step forward 🚀

https://t.me/threenstartups

#waveye #investment #successstory #banaangels
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Granatus Ventures announced about investment in Waveye!

Waveye, a US-based startup with teams in the US, Germany, and soon Armenia, develops a new generation of AI-powered imaging radars for automotive, industrial and robotics applications.

Waveye is developing lightweight, high-resolution imaging radars that target automotive, robotics and industrial applications. Waveye’s imaging radars use a novel operating principle to obtain ultra-high resolution radar imaging, coupled with deeply-integrated radar AI algorithms.

The company is founded by Levon Budagyan (founded and exited from Aarki), Gor Hakobyan (over 100 patent filings and extensive experience at Bosch and BMW) and Narek Rostomyan.

The investment from Granatus Ventures will help the company to accelerate the development of its radar prototype and software offering and prepare it for more in-depth validations in the future.

https://t.me/threenstartups

#investment #successstory #granatusventures #waveye
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Science and Technology Angels Network (STAN) invested $105,000 in Waveye! 🌟

Waveye is an early-stage tech startup transforming imaging radars for autonomous platforms. Their innovative signal processing algorithms and AI deliver high-resolution, cost-efficient radar imaging. The Sample A prototype, featuring their pioneering Lightweight Imaging Radar (LIR) technology, achieves sub 1° resolution radar imaging! Waveye specializes in 4D high-resolution imaging radar for autonomous vehicles, integrating deeply sophisticated radar AI with their unique LIR technology.

Congratulations to the Waveye team and STAN Angels on this exciting milestone. We look forward to seeing the incredible innovations from this partnership! 🚀

https://t.me/threenstartups

#stan #waveye #investment #successstory
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