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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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Great news for the 3N community! We are happy to announce a partnership with Kruzo - a platform where growing companies discover, build & manage the top 5% of independent design talents, on-demand.

Use KRUZO-3N promo code to get your first hire with Kruzo without commission!

https://t.me/threenstartups

#partnership #3n #kruzo
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Which startups have been selected for the Plug and Play Program in Armenia?

Yesterday, the startups selected to join the program were announced at Kick-Off Day.

Find the full list of selected startups with a short introduction to their products below:
https://shorturl.at/8bYUX

#3N #PlugandPlay #Accelerationprogram #Armenianstartups #startupnews

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Ready to accelerate your startup? Check out these top-tier programs with open applications!

Y Combinator - November 12, 2024

Y Combinator is accepting applications for the Winter 2025 Batch. The application deadline is November 12. Late applications will still be reviewed but without a guaranteed response time. Apply here.

Techstars Anywhere Accelerator - Nov 20, 2024

The Techstars Anywhere Accelerator, a remote-first program, is open for applications for its upcoming cycles in 2024 and 2025. The accelerator meets in person three times in various cities across the Americas. Apply here.

Alchemist Accelerator - December 27, 2024

The Alchemist Accelerator is accepting applications for its upcoming cohort, with a deadline of December 27, 2024. This program focuses on startups in enterprise software and technology, providing mentorship, funding. Apply here.

#3N #AccelerationPrograms #YC #techstars #AlchemistAccelerator #ApplyNow
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The 2024 for the Armenian Startup Ecosystem was quite a year with ServiceTitan’s IPO, cumulative or around $700M worth of capital raised across 26 deals, the launch of Perceptron AI, global Tumo Center for Creative Technologies expansion, new laws streamlining startup growth, and Plug and Play Tech Center’s first acceleration batch in Armenia.

πŸ‘‰ Read more about these and other news in our annual recap: https://www.linkedin.com/pulse/2024-recap-major-wins-armenias-startup-h0zae/?trackingId=yONxCKpjRuKNawSLwxTjyA%3D%3D

A heartfelt thank you to Ashot Arzumanyan, Sona Veziryan, Hrant Khachatrian, Narine Davtian and Samson Avetian for their invaluable contributions.

#3N #ArmenianStartupEcosystem #AnnualRecap2024

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Armenia’s Angel & VC Deals 2025 – 3N's Intermediary Recap of 2025

8 investments | 1 exit

πŸš€ Investment Deals
1) BANA Angels & Formula VC β†’ Prodmap AI
2) STAN & Triple S Ventures β†’ My Town AI
3) STAN β†’ Stealth Startup (undisclosed)
4) Alchemist Doha β†’ Denovo Sciences
5) Plug & Play β†’ Prodmap AI
6) STAN β†’ SimCare AI
7) Dell Technologies Capital β†’ SuperAnnotate ($13.5 M; making the total of SuperAnnotate's Series B round $50 M)
8) STAN β†’ TACTUN

Exit:
Braze acquired OfferFit β€” co-founded by George Khachatryan β€” for $325 M.

Note from 3N
The overall number of investment deals on 3N in 2025 was significantly less than we saw in previous years.
Worth digging deeper to see the reason.

However, the year that has a $325M exit announcement is still special :)

πŸ“’ Tell Us What We Missed:
Please let us know if we missed any deals or rounds that were announced publicly but we missed them.

Help us to keep the ecosystem deal map up to date.

#3N #EcosystemRecap

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Armenian tech ecosystem had several major updates and surprisingly low investment activity. See our version of the major updates of 2025 - Firebird AI and much more.

πŸ‘‰ Read all the highlights and more in our 2025 annual recap:
https://3nstartups.com/2025-recap-for-armenias-tech-sector/

#3N #ArmenianStartupEcosystem #AnnualRecap2025

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