3N Startups
1.48K subscribers
748 photos
13 videos
978 links
Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
Download Telegram
This media is not supported in your browser
VIEW IN TELEGRAM
Reps of Armenian Business Angel Networks and VC funds shared their insights about the the role of VC Funds and Business Angel Networks in building a strong startup ecosystem.

Thanks to Lana Petrosyan for the initiative and such an informative content.

Thanks to the speakers for their time and openness:

- Grigor Hovhannisyan, BANA Angels
- Arto Minasyan, BigStory VC
- Manuk Hergnyan, Granatus Ventures
- Karen Vardanyan, Formula VC
- Arthur Mikaelyan, Angel Investor Club of Armenia (AICA)
- Vazgen Hakobjanyan, SmartGateVC
- Suzanna Shamakhyan, Science and Technology Angels Network (STAN)

πŸ‘‰ Watch the full video here.

https://xn--r1a.website/threenstartups

#aica #bana #stan #granatusventures #smartgatevc #bigstoryvc #formulavc #gituzh
❀2πŸ‘2
Formula VC calls applications for VC Journalism Bootcamp.

Application Deadline: March 19, 2023
Apply: https://tinyurl.com/yyryrwux

VC Journalism Bootcamp is an educational initiative organized by Formula VC in partnership with EVN Report.

During 5 days the participants will walk through the stepping stones of Armenian VC ecosystem, as well as gain industry knowledge and insights.

Participants will choose and initially pitch a topic they are planning to research. The research results will be summed up in 3 months, and the author of the best research will receive a prize of 200,000 AMD Formula VC.

https://xn--r1a.website/threenstartups

#formulavc #vcjournalismbootcamp #training #event
❀3πŸ‘1
Prelauch announced closing a $1.5M seed round. BigStory VC led the round. Investors include Formula VC, Granatus Ventures, Business Angel Network of Armenia (BANA) and Vahe Kuzoyan, the co-founder of ServiceTitan.

Congratulations to the startup and investors on this significant achievement! We will look forward to hearing more success stories from Prelaunch team!

https://xn--r1a.website/threenstartups

#prelaunch #narekvardanyan #investment #seedround #bigstoryvc #granatusventures #formulavc #bana #vahekuzoyan #successstory
πŸ”₯4
Formula VC invested $250K in 10Web.

Earlier, 10Web announced the launch of an AI assistant for WordPress. With the help of a new tool, it is possible to create content and make corrections for SEO in WordPress.

10Web was founded in 2017. It automates website creation, hosting and optimizes the speed with the help of artificial intelligence.

https://xn--r1a.website/threenstartups

#formulavc #10web #investment #successstory #news
Great news - Formula VC venture fund invested 200K USD in Wirestock!

Wirestock helps visual content creators monetize photos, graphics, and videos by providing creators with access to major marketplaces including Getty Images, Shutterstock, Adobe, Pond5, Envato, Freepik, and more.

Other venture funds, including Decart Ventures, I2BF, Graph Ventures, participated in Wirestock's this investment round.

This is the 14th startup in the portfolio of the venture fund. In total, Formula VC invested 2.3 million dollars in Armenian startups so far.

https://xn--r1a.website/threenstartups

#formulavc #wirestock #investment #successstory #news
πŸ‘5❀1
3N Startups
Formula VC calls applications for VC Journalism Bootcamp. Application Deadline: March 19, 2023 Apply: https://tinyurl.com/yyryrwux VC Journalism Bootcamp is an educational initiative organized by Formula VC in partnership with EVN Report. During 5 days…
It’s time to sum up VC Journalism Bootcamp and choose the best research!

Back in March Formula VC and EVN Report held VC Journalism Bootcamp for tech journalists and reporters, with the aim to provide journalists and reporters with insights of Armenian VC and tech ecosystem.

Over the course of 5 days, the participants of the bootcamp went over the insights on the stepping stones of Armenian VC ecosystem, as well as gained industry knowledge and insights. They are now ready to present their research to distinguished judges and compete for the title of the best research.

The Demo Day will happen on July 4 at 7 PM at the Factory (Halabyan 65/5).

The author of the best research will receive a special prize from Formula VC - 200.000 AMD!

Reserve your spot and register now!

https://xn--r1a.website/threenstartups

#formulavc #vcjournalismbootcamp #demoday #event
❀4
πŸš€ Formula VC invested 200 000 USD in ProdMap!

ProdMap is a product management and operations platform that helps businesses build products, manage a roadmap, align teams, and set objectives and key results with a single platform to manage their initiatives in one place, without needing multiple documents or tools.

This is the 15th startup in the portfolio of the venture fund. In total, Formula VC invested around 3 million dollars in Armenian startups.

Congrants to ProdMap and FormulaVC on this milestone! πŸŽ‰

https://xn--r1a.website/threenstartups

#formulavc #investment #successstory #prodmap
❀8πŸ‘2
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 πŸŽ‰

https://xn--r1a.website/threenstartups

#waveye #investment #successstory #formulavc
πŸ‘5πŸ”₯3πŸ‘1
Great news for the Armenian startup ecosystem demonstrating a tectonic shift in the local capital market πŸš€

The first investment from an Armenian pension fund into an Armenian VC fund has been announced.

C-QUADRAT Ampega Asset Management announced about investment of $1,030,000 in Formula VC.

Pension funds are actively investing in VC funds internationally. The decision to invest in Formula VC by C-Quadrat Ampega Armenia has high significance as this is the first case when an Armenian institutional investor invests in a VC fund. This will be a strong precedent for future investments by other local and international institutional investors.

Congrats to everyone with this important step forward.

Special kudos to the teams of C-QUADRAT and Formula VC on making this deal πŸŽ‰

https://xn--r1a.website/threenstartups

#formulavc #investment #successstory
❀12πŸ”₯3πŸ™1
πŸš€ Exciting News! 🌟

Formula VC
venture fund invested in Audigo Labs.

This is the 17th startup in the portfolio of the venture fund. In total, Formula VC invested 3 million dollars in Armenian startups.

Audigo Labs enables effortless, mobile-centric audio and video creation: recording, live streaming, multi-user collaboration, editing, and distribution. Audigo is a true one-stop-shop for today’s modern creators who want to produce great sounding audio and video content - anytime, anywhere.

It's fantastic to witness another investment announcement from an Armenian VC in a single day! 🌱

Learn more about Audigo Labs: audigolabs.com

https://xn--r1a.website/threenstartups

#successstory #audigolabs #formulavc #investment
πŸ”₯10πŸ‘1
πŸš€ Formula VC Invests in StarsHunt! 🌟

Formula VC invested in StarsHunt marking its 19th investment (the fund invested $3.4M in Armenian startups already πŸš€πŸ”₯).

StarsHunt is revolutionizing recruitment with their AI-powered interactive interviews. It is an AI recruiter that conducts video interviews 24/7, asking personalized follow-up questions tailored to each candidate's responses.

Congratulations to Formula VC and StarsHunt on this milestone! We look forward to more success stories coming from this partnership! 🌟✨

https://xn--r1a.website/threenstartups

#formulavc #starshunt #investment #successstory
❀4πŸ”₯3πŸ‘2
3N Startups
πŸš€ BANA Angels Back Prodmap AI! Source: BANA Angels LinkedIn Post BANA Angels invested in Prodmap.ai, an AI-powered platform that automates the entire product development cycle, transforming ideas into market-ready products with speed and precision. From…
πŸš€Prodmap.ai Secures Another Investmentβ€”This Time from Formula VC! 

Fresh off its recent funding from BANA Angels, Prodmap.ai has now raised $200,000 from Formula VC II, and it’s starting to feel like momentum is building fast.

With AI-driven roadmap planning and real-time execution insights, Prodmap.ai is making serious steps in product development. At this pace, we can’t wait to see what’s next!

πŸ‘Congratulations to Prodmap.ai and Formula VC on this exciting journey! Source: Formula VC’s LinkedIn post.

#FormulaVC #Investment #ProdmapAI #SuccessStory

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

πŸ”₯ Join 3N to stay updated on startup opportunities!
❀5πŸ‘3πŸ”₯2
πŸš€ 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

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”
πŸ”₯ Join 3N to stay updated on startup opportunities!
❀13