🇦🇲🦊 Hye Ventures Recap: $20M+ invested, a Nobel Prize, 2 Startup Spotlights, and more
Curated resources for Armenian founders and tech enthusiasts.
Welcome to all the new memebers 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.👇
What is Hye Ventures?
Hye Ventures is a newsletter covering Armenian Tech and Startups. Started in January 2021, the idea behind it is to bring more visibility into the growing tech ecosystem of Armenia and help companies reach new users, investors, and insights through a different medium. Armenia has one of a kind global community which is its core asset, and yet unrealized. Thank you to everyone that has supported this project so far! Our newsletter was our 1st initiative. The 2nd initiative (Drop 02) will be released in the coming week. Subscribe to the newsletter to hear about it first and get it directly in your inbox. You won’t want to miss this one! Let's build, grow, and share this community together! Let me know your thoughts/feedback by messaging me!
Armenian Tech News 📣
🎯 CopyAI raised their Series A an $11m Series A round from Wing Ventures, Craft Ventures, Sequoia, Tiger Global, Elad Gil, and many amazing investors!
📈 Congrats to Podcastle on the $7M round of financing! Co-led by RTP Global and
Point Nine Capital! Tapping into the booming creator economy, valued at over $100 billion.
🧬 SmartGateVC invests in Modicus Prime, process & quality control for biotech research & manufacturing.
🤖 Highway, a Yerevan-based fintech start-up, has announced the closing of a seed round of $2M. The company enables client banks to enhance their digital capacities and transform from legacy systems.
👨🏫 Electives, the education and engagement platform for employees, closed a $2.25M Seed round led by Boston Seed Capital and Accomplice.
🔎 ARLOOPA passed 3,000,000 downloads on Google Play. They are building magnifying glass of the future. Cauldron 2.0 launched on ProductHunt to help you hire 50% faster and increase your team's interview satisfaction rate by 3x. Same with Dzook, which launched their 2.0 version on ProductHunt as well. With dzook, you can easily convert your photos into artistic illustrations and videos into animations!
🏅 Ardem Patapoutian – awarded the 2021 #NobelPrize in Physiology/Medicine.
🧪 TUMO labs and SAP are launching 4 projects, consisting of 22 challenges. In addition, self-learning continues at TUMO labs where participants can learn Python, machine-learning, and Javascript.
💼 DigiWeek is happening in Armenia this week with upcoming events in Science and Sustainability, AI, and Venture!
What we’re following 🚀
Entrepreneurship:
The SaaS Metrics That Matter by David Sacks
Social Commerce: The Next Wave in Online Shopping by Ark Invest
Index, Sequoia and Canvas investors weigh in on how to raise your first dollars
Financial Tools for Solopreneurs from a16z
A Recap of 30 Business Breakdowns
What Startup Need in their Series A Deck and their Data Room by Eniac Ventures.
Investor Database by Mercury
Crypto:
The Curious Beginner's Guide to Crypto and What is a DAO? by Peter Yang
A Guide to Designing Effective NFT Launches by Paradigm
Gaming:
Jobs 💼
CopyAI is looking to hire their first Growth Engineer to help them acquire and activate new users at scale. Apply here! Many other roles are available as well!
Are you a student in Armenia or in Europe and would like to do an internship at Google in 2022? Now’s the right time to Apply!
International Armenian Job Board.
Post your Jobs here
2 Startup spotlights 👨💻👩💻
Vaam, founded in 2020 by Gohar Avagyan, Hampus Persson, and Josef Fallesen, empowers people to express themselves and connect across time and place. Headquartered in Stockholm, Sweden, it's a tool that streamlines communication at work, school, and virtual social groups. Going beyond unproductive meetings, long emails, and inconvenient phone calls and creating interactive and personalized video messages. Check them out!
LinksUp, founded in 2020 by Hakob Astabatsyan, Sassun Mirzakhan-Saky, and Albert Astabatsyan, is the fastest and simplest way to create a beautiful and engaging professional page to sell your time, events, or digital products. Founded in Berlin, Germany, their goal is to focus on the technical, so you focus on growing. Get booked and paid with one page, one link. Number Product of the day on ProductHunt.
We are looking for startups to cover in our next newsletter! Fill in this form!
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