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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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🚀 Applications are open for the Yandex Armenia Startup Accelerator. Source: Yandex Armenia A hands-on program for students, researchers, labs, and early-stage founders building technology-driven products. Who can apply: • Teams of 2+ people • Age 18+ •…
Applications for the Yandex Armenia Startup Accelerator close on August 10.

Source: Yandex Armenia

An opportunity for students, researchers, and early-stage founders building technology-driven products.

What selected teams get:
• Mentorship from Yandex experts
• Guidance from international accelerator trackers
• Access to Yandex Cloud resources
• Coworking space in the heart of Yerevan
• A structured 3-month journey from hypothesis or prototype to a launch-ready product

Who should apply:
• Teams of 2+ people
• Age 18+
• Working on a tech project with a prototype or validated hypothesis
• Ready to dedicate 10–15 hours per week

📍 Apply by August 10 (end of day): https://yandex.com.am/accelerator/en

#YandexArmenia #Accelerator #Startups #ApplyNow

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🇦🇲 Two of Armenia's biggest tech figures honored with the Order for Services to the Fatherland

Hovhannes Avoyan, founder of Armenia's first unicorn, Picsart, and Sam Simonian, founder of TUMO and President of AGBU, were recognized for their long-standing contributions to education, science, culture, economic development and the future of Armenia.

Their journeys look nothing alike, but the mark they've left does. One built a technology company that carried Armenian innovation onto the global stage. The other changed how an entire generation of young Armenians learns to create — TUMO, an idea now borrowed by cities far beyond Armenia.

Both have shown that serving your country doesn't always happen through public office. Sometimes it happens by building companies, creating opportunities, investing in education and helping the next generation dream bigger.

Congratulations to Hovhannes Avoyan and Sam Simonian on this well-deserved recognition.

#Innovation

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BANA Angels has invested in BlueQubit.

Source: BANA Angels

BlueQubit is building a platform that makes quantum computing more accessible for developers, researchers, and businesses by enabling them to build, test, and run quantum applications.

The investment was made through The Syndicate by BANA, supporting founders developing breakthrough technologies with real-world applications.

Congratulations to BANA and BlueQubit on this milestone!

#Investment #BANA #Angels

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The Information Systems Agency of Armenia (ISAA) is inviting technology companies, LCNC experts, and industry professionals to help shape Armenia's future digital government infrastructure.

The initiative aims to build a reusable Low-Code/No-Code (LCNC) ecosystem for public digital services.

ISAA is seeking market feedback on core reusable components, including:
• API integration
• Case & application management
• Document management
• User & access administration
• Notifications and more

Timeline:
• Introductory discussion: August 14 (12:00–13:00)
• Registration deadline: August 13
• Market sounding questionnaire deadline: August 21

A good opportunity for companies working in GovTech, enterprise software, system integration, and low-code/no-code platforms to contribute to the future of Armenia's digital public services.

👉 Register and learn more: https://isaa.am/en/articles/նորություններ/շուկայի-նախնական-ուսումնասիրություն

#ISAA #GovTech #LCNC #MarketSounding

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🚀 Applications are open for the 30th Pitching Session of the Angel Investor Club of Armenia (AICA).

Source: AICA

AICA is looking for Armenian founders and co-founders building scalable startups with global ambition and strong teams.

Why apply?
• Pitch to a global network of angel investors from Silicon Valley, New York, Europe, Japan, and beyond
• Receive investor feedback and build valuable connections
• Present your startup at AICA's 30th Pitching Session in Armenia this September

Application deadline: August 24, 2026

👉 Apply: https://form.typeform.com/to/SgRPwbAN

#Startups #Angels #AngelInvesting #AICA

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Goharik Hovhannisyan, through conversations with startup founders, traces how Armenian startups have begun to broaden their market horizons and embrace diversification rather than remain insulated within a single market.

Read the article published in the Armenian Weekly here: https://armenianweekly.com/2026/08/12/armenian-startups-broaden-their-market-horizons/

Photo Credit: Armenian Weekly, DigiTec

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🔐 Interested in building a cybersecurity startup?

Source: TUMO Labs

TUMO Labs is accepting applications for its 12-week CyberTech Incubation Program.

Who should apply:
• Individuals or teams interested in cybersecurity and entrepreneurship
• People with experience in programming, cybersecurity, product, or business
• Applicants with or without a startup idea

What participants get:
• A 48-hour Ideathon to develop and validate ideas
• A 12-week incubation program with expert mentorship
• Support with business model design, team formation, product validation, and pitching
• Guidance toward future acceleration programs

Key dates:
• Application deadline: September 17
•
Ideathon: September 26–27
• Incubation: October 5 – December 24

👉 Apply here: https://docs.google.com/forms/d/e/1FAIpQLScg7CJ-YLubNvmHYryEePtLTCf1JwXdnt1zqcEVwwh5mwdlZg/viewform?usp=publish-editor

#Cybersecurity #Startups #Incubator #TumoLabs

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Founders: Is your startup legally ready to scale?

Source: Startup Grind Yerevan

Join “Building AI Companies That Scale: From Yerevan to New York” workshop with Yelena Ambartsumian, founding attorney of AMBART LAW.

Yelena will unpack the foundational mistakes that can quietly kill customer and investment deals and the practical steps early-stage teams can take to become enterprise-ready. This session is relevant to all founders, especially encouraging women founders to join.

The session will also feature a live Founder Clinic. Participating startups can submit a real challenge in advance, and Yelena will offer practical guidance.

📅 Aug 28, 2026 at 6:30 pm
📍 PMI Science Armenia: https://maps.app.goo.gl/E6wFfM6uRr5wfNq89
🔗 RSVP: https://www.startupgrind.com/e/m6wdt9/

To submit a question for the Founder Clinic: send it to startupgrindyerevan@gmail.com by August 26.

#StartupGrindYerevan #Event #Networking

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🧬 A huge milestone for cancer treatment

Sources: Moderna, Press-Release, Marketwatch

Moderna and Merck have announced the first-ever successful Phase 3 trial of a personalized mRNA cancer therapy.

The treatment is designed individually for each patient. After a melanoma tumor is removed, scientists sequence its DNA, identify the unique mutations of that person's cancer, and create a custom mRNA therapy that trains the immune system to recognize and destroy any remaining cancer cells.

The trial showed that, the personalized therapy significantly:
• Reduced the risk of cancer returning.
• Reduced the risk of the cancer spreading to distant organs

Investors immediately recognized the significance of the breakthrough. Moderna's stock surged by 177%.

Moderna is co-founded by Noubar Afeyan. It was created at Flagship Pioneering venture builder, growing from a scientific idea into one of the world's leading biotechnology companies.

#Moderna #Breakthrough

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A new community around the Julia programming language is launching in Yerevan

Tomorrow, August 27, Julia Yerevan will hold its first meetup at 19:00 at AUA to introduce Julia. If Julia has only been a name to you so far, tomorrow’s meetup might change that. It is a high-performance language used in scientific computing, data science, and machine learning.

The session will be led by Delbar Faghih, a mathematical modeler working with Python and Julia and a research alum of KU Leuven and VITO Belgium. the session will explore what makes Julia fast, how it approaches the “two-language problem,” and how it compares with Python and R through benchmarks, practical code examples, and an interactive discussion.

A very data-science way to spend the last Thursday evening of summer.

📅 August 27, 19:00
📍 AUA, PAB, Room 308E
🔗 Registration is required

#JuliaYerevan #Julia #DataScience #Yerevan

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Hapenning TODAY⚡ Stop playing with chatbots. Start building digital employees. Building an AI Team for Your Business

Most of corporate AI pilots fail because companies just buy ChatGPT subscriptions and hope for the best. If you want real operational leverage, you need autonomous AI agents.

Join this free practical session at TUMO Labs led by Albert Poghosyan for an intensive, 2-hour executive briefing on:

Live Execution: Build a fully functional Competitor Intelligence Agent with no-code visual platforms.
Real Automation: Learn how to shift from basic bots to autonomous agents
Deployment Blueprint: Learn the frameworks you need to safely deploy this in your own company.

Event Details:
• Wednesday, August 26 at 7:00 PM
• Location: TUMO Labs (Halabyan 2A, Yerevan)

​The session will be held in English 🏴󠁧󠁢󠁥󠁮󠁧󠁿
Space is limited. RSVP here: https://luma.com/7jzp7ve4

#TUMOLabs #Event

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Webinar: Enterprise AI Infrastructure – Governance, Control & Cost

eqwefy is organizing a webinar featuring Garen Azizian, CEO & Co-Founder of Behest AI, to discuss one of the key challenges facing enterprises today: building AI systems that are scalable, governed, and cost-efficient.

Topics include:
• AI governance: visibility, control, and traceability
• AI FinOps: managing the economics of enterprise AI
• Enterprise AI adoption: from experimentation to production

📍Investor discussion: the opportunity behind Behest AI

Tomorrow - August 27 at 6pm Yerevan time

RSVP here: https://luma.com/brzo0xbh

The webinar link will be sent after registration.

#AIInfra #eqwefy #Event #Webinar

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$100K R&D Grant Opportunity for International Cybersecurity Startups

Source: ISAA

The Information Systems Agency of Armenia (ISAA) has launched a new Cybersecurity Innovation Demonstration Grant. The program provides up to $100,000 to develop and validate a working prototype (Proof of Concept) over 3–4 months.

Who should apply?
• International cybersecurity startups and technology companies
• Teams with an existing prototype, PoC, pilot, or other evidence of technical maturity
• Companies able to operate in Armenia.

Application process
Applicants submit a technical proposal and supporting materials. Shortlisted teams will be invited to deliver a live technical demonstration before the final selection. One project may be funded.

More information: https://shorturl.at/C4ouM
Submission deadline: September 2, 2026, 11:00 AM (Yerevan time)

Plug and Play is supporting the Information Systems Agency of Armenia (ISAA) with international outreach.

#Cybersercurity #Grant

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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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BANA Angels invests in BlueQubit

Source: BANA Angels

BANA Angels has announced an investment in BlueQubit, a startup building software that makes quantum computing more accessible to developers, researchers, and enterprises. BlueQubit provides a platform that lets users develop, test, and run quantum applications across different quantum hardware and high-performance simulators. The goal is to help organizations start exploring practical quantum use cases without needing deep expertise in quantum computing. BlueQubit

The company was founded by Armenian entrepreneurs Hrant Gharibyan and Hayk Tepanyan, both Stanford alumni. BlueQubit has previously raised a $10 million seed round from investors including Nyca Partners, Formula VC, Granatus Ventures, and others.

Congratulations to the BlueQubit team and BANA Angels on the investment.

#Investment #BANAAngels

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The Angel Investor Club of Armenia (AICA) has invested in REWRITE Bio, a Boston-based precision fertility startup founded by Armenian-American entrepreneur Alik Christianian.

REWRITE is developing a preconception platform that combines genetic testing, biomarkers, nutrition, supplements, and behavioral guidance to create personalized fertility-readiness plans for couples before or alongside IVF.

The startup is entering a large and growing healthcare market. According to the World Health Organization, approximately 17.5% of adults—around one in six people—experience infertility during their lifetime. Up to 30% of couples experiencing infertility receive an “unexplained infertility” diagnosis after standard evaluation.

Congratulations to Alik Christianian and the REWRITE team, and to AICA on adding another Armenian-founded health-tech company to its portfolio. Special recognition also goes to AICA portfolio founder Jas Schembri-Stothart for making the introduction.

🔗 Learn more about REWRITE and join its waitlist: https://rewritebio.com/

🔗 Read AICA’s announcement: https://lnkd.in/p/dAeQpsUC

#AngelInvesting #Investment #AICA

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Applications are open for Batch 4 of the Plug and Play Armenia equity-free Pre-Acceleration Program.

The three-month, in-person program is designed for early-stage technology startups working to improve their product, business model, market strategy and investment readiness.

Selected startups will receive international mentorship and access to Plug and Play’s global network. The program will run Monday–Wednesday and accept 10–15 startups.

Apply by September 24
https://www.plugandplaytechcenter.com/locations/yerevan

Questions: plugandplayarmenia@pnptc.com

#PlugAndPlay #PreAccelerator #Batch4

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Applications are open for the EPIC Incubation Program Fall 2026.

The 15-week program is for idea-stage teams that want to understand their customers, test their assumptions, validate a business model, and prepare for the next stage. It includes workshops, tailored mentorship, expert support, and connections to Armenia’s startup ecosystem.

The program is open to AUA and non-AUA teams. Since 2017, more than 130 startups and 320 entrepreneurs have completed it. Alumni include Wearify, which later joined international programs at STATION F and Plug and Play.

📅 Application deadline: September 19

Apply: https://form.typeform.com/to/Wkunt4PL

Sources:
• Official Fall 2026 announcement
• EPIC Incubation Program
• Wearify founder story

#EPIC #AUA #IncubationProgram #Fall2026

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STAN angels have invested in Talon Avionics.

The US defense-tech startup is developing SECTR, a modular system designed to detect, track and intercept small autonomous drones. According to Talon, it combines acoustic tracking, sensor fusion and autonomous interceptors.

Founder and CEO Dmitrii Akopian previously worked on embedded systems and advanced technology at Tesla, Apple Special Projects and Figure AI.

Counter-drone technology is receiving growing attention as governments seek less expensive ways to defend against low-cost drones. The European Parliament has specifically called for simple, cost-effective systems that can be produced and deployed quickly.

Talon presented to STAN angels in Los Angeles on May 26 and Paris on June 18.

Learn more: https://talonavionics.com/

Sources:
• STAN Announcement
• European Parliament report on drones and modern warfare

#Investment #STA

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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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