🚀 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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🔥 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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🚀 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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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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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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