In a significant development for the Armenian startup ecosystem, eqwefy, a burgeoning financial technology company, has been granted an investment company license by the Central Bank of Armenia. This achievement marks a pivotal expansion in the capabilities of Armenia’s financial sector.
The Central Bank’s approval is a testament to eqwefy’s commitment to high regulatory and…
Podcastle Secures $13.5 Million in Series A Funding to Expand its AI Content Creation Platform
February 2, 2024
Podcastle, an innovative AI platform that makes professional content creation easy with its range of products, announced about $13.5 million investment in Series A funding. This funding will help advance its goal of making multimedia storytelling more accessible and…
Recently, due to specific circumstances, Armenia has become the focus of attention of technology companies and IT specialists. In this context, we paid special attention to the events taking place in the local and international startup ecosystems and reflected on the…
Triple S venture fund to invest in Armenian pre-seed and seed stage startups
August 3, 2022
Media manager Artur Janibekyan, together with other co-founders of “Sevan Startup Summit”, created an international venture fund for the development of Armenian and international startups. The fund will operate not only in Armenia, but also in the United States, Great Britain and Europe. Priority will be given to startups that are Armenian or have Armenian founders.
From the…
Decrease in the volume of global investments. Experts make negative predictions
July 9, 2022
Q2 VC Funding Globally Falls Significantly As Startup Investors Pull Back, wrote Crunchbase.
Global funding slowed dramatically in the second quarter of 2022 as investors shied away from later-stage funding bets. It also marked the first quarter with a significant drop in…
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Top startups news and tech trends to follow this week:
1. Startups keep laying off swaths of employees as the downturn continues…
To have this newsletter emailed to you, sign up here. Plus, listen now to Startup Monday on Apple Podcast | Spotify | Anchor
Top startups news and tech trends to follow this week:
1. Sequoia raises record $2.85 bn to fund Indian startups, others ventures
Venture capital firm Sequoia India and Southeast Asia has raised $2.85 billion – the highest ever in one tranche by any venture…
Angel Investor Club of Armenia (AICA) is announcing the 13th pitching session
May 24, 2022
The Angel Investor Club of Armenia (AICA) is delighted to announce that the 13th pitching session will take place on the 2nd of July 2022.
How to present a startup?
Entrepreneurs, who wish to present during the 13th pitching session, can send their pitch decks, business…
Twitter’s board and Tesla TSLA, -0.37% CEO Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform, The New York Times reported.
Musk said last week that he had lined up $46.5 billion in financing to buy…
The Boring Company, Tesla CEO Elon Musk’s project to build underground highways to alleviate traffic congestion, has raised a $675 million Series C round, bringing its valuation up to $5.7 billion.
The Boring Company by Elon Musk. Image by The Boring Company
The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and…
