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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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๐Ÿš€ The Top 10 Armenian Startups by Funding

Weโ€™ve gathered the list of top 10 standout Armenian startups by funding sizes. This list focuses on startups founded in Armenia and does not include startups founded by Diaspora Armenians.

๐ŸŒŸ Key Insights:

โœ… Over the past decade, Armenia-born tech startups have collectively raised around $490 million.
โœ… Picsart ๐Ÿฆ„ (Armenia's first official unicorn) and CodeSignal have reached Series C stage.
โœ… SoloLearn and HerculesAI (formerly Zero) are in Series B stage. HerculesAI reached that stage in 2024.
โœ… In 2024, EasyDMARC, Podcastle, and ActiveLoop (not on the list, but raised $19.6 million to date) reached Series A stage.

This report was created in collaboration with Modex. Big thank you to  Tsovinar Sofi Babayan for her contribution. We also want to thank her for introducing the term "Armenia-born," which we use in our reports.

#armenianstartups #startupfunding #Modex #ArmenianTechEcosystem #stats

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Armenian Data Scientist Brings Home the Women in Web3 Award!

Nazeli Ter-Petrosyan has been awarded the Women in Web3 Award as part of the Women in Techยฎ Global Awards, recognizing women making strides in blockchain, decentralized applications, and cryptocurrency.

Nazeli is a data scientist and AI developer. Her research on electronic noses and AI in healthcare highlights her dedication to groundbreaking innovation across fields.

Her success is a proud moment for Armenia and a testament to the power and potential of women in Web3.  the future of Armenia's tech sector is brighter when it's diverse, inclusive, and led by visionaries from all walks of life. 

Congratulations to Nazeliโ€”we look forward to celebrating more achievements like hers!

#Web3award #datascientist #womenintech #ArmenianTechEcosystem โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

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