🇦🇲🦊 Do you plan on opening an office in Armenia?
Curated resources for Armenian founders and tech enthusiasts.
Welcome to all the new members of the Hye Ventures Crew. Our mission is simple. Accelerating the success of Armenian founders and funders to build a more prosperous, equitable future. Subscribe today to join early-stage founders, funders, and operators, as well as enthusiasts of the Armenian tech community, and get coverage on recent news directly in your inbox.👇
Thanks for reading Hye Ventures! I’d love it if you could share the newsletter with your network to grow this community together! Special announcement on May 7th!

“In The War For Talent, Competition Has Never Been So Fierce”. A lot of companies are opening offices in Armenia. Great news for the Armenian Tech Ecosystem which is becoming an emerging global tech hub. The Silicon Valley of the Caucasus or as some might call it “Silicon Mountains”. Tech is here to stay and it’s only going to get bigger from here. With the inflow of fresh talent into the country, many big conglomerates are looking to open offices and hire the best talent before someone else does. Here are a few examples of companies recently opening offices or hiring remotely within the region 🚀:
NVIDIA is opening a new office in Armenia! Check what Rev Lebaredian, VP of Omniverse & Simulation Technology, shared during the TUMO HQ Session. They’ll be announcing a job fair event in Yerevan soon. Stay tuned!
ManyChat, the #1 Chat Marketing platform, has also opened a product development and engineering office in Yerevan.
Grid Dynamics expands its European presence with an expansion in Armenia and Switzerland
EasyData, document capture and data analysis specialist that combines innovation and practice in the field of data solutions, opens R&D offices.
Miro has 7 open roles in 4 departments and is actively ramping up hiring in Armenia. Check out their open roles today!
If you don’t want to commit to opening an office yet, you can always use Deel to hire remote workers from the region. They take care of the backend while getting the benefit of hiring Armenian Talent without the legal hassle.
Do you know of any other companies that have recently launched a hub in Armenia? If you do, please message me, I’d love to update the list of companies!
Armenian Tech News 📣
🎧 Listen to Mariam Hakobyan, founder of Softr.io, software provider of our Hye Ventures website, on Not Boring Founders Podcast with Packy Mccormick
🇦🇲 reArmenia is a collaboration platform for Armenians aimed at ensuring effective collaboration among Armenians. April, an initiative by Esterox IT, is one of their current collaborations. The goal is to make sure the Armenian Genocide never happens again. The best way to achieve this is to build a strong nation able to protect itself. The fastest and smartest way to do this is through supporting science. Take a look at the 5 scientific projects worth supporting.
👨💻👩💻 DataPoint Armenia's Career Development Program just launched! The program is designed to be a booster for people who want to launch a career in Data Science with participants getting the opportunity to work on a real-world problem and present their findings in a professional environment. They have partnered with CoinStats to get a real-life industry problem. Additionally, the program aims to equip the participants with practical knowledge and data science tools through sessions of active learning.
🚨 Check out the Emerge Conference happening in Yerevan in a couple of weeks. The top tech conference in the New East. Get the tickets before they run out. An amazing list of Speakers! An event you don't want to miss!
🤖 AI and Analytics automation startup Pinsight announced its new product Anania. Anania is an AI-powered self-service analytics platform that allows you to ask analytical questions in plain English and get answers instantly. Once connected with your data source, it can understand and automatically analyze your questions, and provide an answer in terms of number, text, table, or even a chart.
💰 BigStoryVC has invested in WildLearner and Mythrill.
What we’re following 🚀
Entrepreneurship:
Have an Idea for a New Company? Build it with START by a16z
Why LatAm Is On The Rise by NFX
Could we do this for Armenia and Eastern Europe more? Share your thoughts!
The Universe of Fintech Infrastructure by Medha Agarwal
Best Growth Marketing Handbook by Julian Shapiro
Marketing 101. How to build a brand strategy from 0-1: a guide for startups
SAFE.new – a free tool for founders to create SAFEs and view market data.
Crypto / Web 3.0:
Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents by Tomasz Tunguz
Decentralization for Web3 Builders: Principles, Models, How by Miles Jennings

Jobs 💼
NVIDIA is already hiring for roles in Armenia. 81 open roles. Check them out!
TUMO is looking for highly energetic people to join their team. Review all of TUMO’s postings here.
A growing tech company headquartered in Montreal is looking for Web3/blockchain engineers and AI software developers. Message me if you are interested in applying!
Take a look at the other companies that opened offices in Armenia for new job postings! ManyChat, Grid Dynamics, and EasyData.
Startup spotlight 👨💻👩💻
Pinsight, founded by Hrant Davtyan in 2021, is an automated AI solution that finds patterns and correlations in the data and makes business KPI predictions. Pinsight's powerful technology allows getting insights and predictions from even unclean and semi-structured datasets. It analyzes multiple sources of data (whether numbers, dates, or texts) to extract hidden signals and help decision-makers to act on data. Pinsight’s users save months of manual work and use Pinsight to achieve revenue increase, cost reduction, and churn prevention. As mentioned in the Armenian Tech News section, they just launched Anania, an AI-powered self-service analytics platform that allows you to ask analytical questions in plain English and get answers instantly.
Hi! 👋 Thanks for reading Hye Ventures Newsletter. We’d love your feedback - feel free to tweet us @hyeventures or email us at noubar@hye.vc. If you found this newsletter helpful, share it with friends.