Top 5 Hardware VC Funds & Investors in Armenia (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
SmartGateVC
VC Fund
|
2 | United States, Armenia, United Kingdom | Pre-Seed, Seed, Angel | Artificial Intelligence, Machine Learning, Health Care | $250k–$10M |
|
HIVE Ventures
VC Fund
|
1 | United States, Armenia, India | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence | $525k–$22M |
|
Liqvest
VC Fund
|
1 | Armenia, United States | Seed | Travel, Tourism, Children | $1M–$2.5M |
|
Formula VC
VC Fund
|
1 | United States, Armenia | Seed, Series A | Software, Information Technology, Apps | $1.5M–$10M |
|
BANA Angels
VC Fund
|
1 | United States, Armenia, France | Seed, Pre-Seed | Information Technology, Software, Artificial Intelligence | $170k–$3.7M |
| Access all 13 VC funds in Armenia Hardware startups. | |||||
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Pre-seed VC fund backed by Tim Draper & entrepreneurs / professionals. AI, Security, IoT, Biotech, Quantum across Armenia, California, Boston, NYC, Eastern Europe
Show more...Investment focus
- Industry: Artificial Intelligence, Machine Learning, Health Care
- Stage:Pre-Seed, Seed, Angel
- Geography: United States, Armenia, United Kingdom
Investor stats
- Total investments: 43
- Round size: Seed $2.5M–$10M; Pre-Seed $250k–$2.7M
- Lead/follow: 51% lead, 49% follow
- Last fund: May invest from a new fund soon — last raise in 2018
Portfolio highlights
- Coherence Neuro — Opto Biosystems specializes in the development of innovative healthcare technologies that bridge the gap between cancer neuroscience and bioelectronics. The company focuses on creating smaller, softer, and wireless biological interfaces designed to offer a new treatment modality. By leveraging advancements in neural engineering and bioelectronics,Opto Biosystems is dedicated to building new tools that interface with the body, aiming to improve patient outcomes in the healthcare sector. Their work includes exploring the stability of thin-film electrodes for neuromodulation, highlighting their commitment to advancing medical technology.
- Cordance Medical — Improving outcomes for patients with brain diseases
- Neuraworx Medical Technology — Neuraworx Medical Technology is a neurotechnology company developing first-in-class bioelectronic solutions for brain health.
HIVE Ventures provides capital, community, and connections to help you build your business.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Armenia, India
Investor stats
- Total investments: 32
- Round size: Seed $525k–$13M; Series A $5M–$22M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- VLAST — Play Beyond Play
- TrustLogix — TrustLogix data security empowers enterprises to scale data-driven innovation across all clouds and platforms, without sacrificing performance or privacy.
- Xage Security — Secure, manage & transform OT, IT and cloud operations. Deliver zero-trust local access, remote access, and data security.
Liqvest is a operator of a venture capital aggregator. The company's platform provides access to promising projects backed by professional investors and access to closed venture deals. The investment will be executed in European or English law that are guaranteed to be transparent and legitimate and all the interactions are provided online,enabling investors to invest successfully from home.
Show more...Investment focus
- Industry: Travel, Tourism, Children
- Stage:Seed
- Geography: Armenia, United States
Investor stats
- Total investments: 2
- Round size: Seed $1M–$2.5M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Tripsider — Once-in-a-lifetime travel experience with extraordinary people. Tripsider is an online platform for multiday adventure trips by independent guides.We create an algorithm to match travelers for group tours based on their social interests, values, and past experiences. Using this matchmaking formula and micro-segmentation, we allow travelers tobook their next adventure in a sitting. And our communication ecosystem provides safe and instant connections directly to the travel expert.We managed to grow 2X in 2020 despite COVID, and now we're anticipating 5X growth in 2022. Tripsider is operationally profitable, getting traction in the US, and finished the 500 startups (Georgia) acceleration program.
- Expper Technologies — Robin is an award-winning therapeutic robot designed to support healthcare teams and patients across pediatrics and geriatrics. Discover how therapeutic robots are reshaping care delivery.
Formula VC has a mission to support startups with its network and resources in early stages of growth to become global players in their domain. Formula VC’s main focus is on the startups engaged in SAAS, IoT and AI based on exception network of global Armenian community.
Show more...Investment focus
- Industry: Software, Information Technology, Apps
- Stage:Seed, Series A
- Geography: United States, Armenia
Investor stats
- Total investments: 18
- Round size: Seed $1.5M–$10M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Trag — We help companies to automate their software refactors and migrations along with automated code reviews. By using our platform engineering teams can quickly migrate from one technology framework to another, automatically update non-compliant code during code reviews etc. We do this by combining static code analysis with LLMs. With this combination,we have far great levels of accuracy, speed and compute efficiency.
- BlueQubit — BlueQubit is on a mission to democratize Quantum Computing and make it accessible to everyone. Through our BQ platform users can develop, test and run programs on Quantum Computers.
- Wirestock — Get paid to create AI training data for leading AI companies. Freelance creative jobs in photography, design, video & more. Join 700K+ creators.
BANA Angels is a network of investors, entrepreneurs and executives from Armenia and abroad interested in making investments in startup companies.In addition to capital, the members bring their expertise, experience and network to influence the success of the startups they invest in.
Show more...Investment focus
- Industry: Information Technology, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: United States, Armenia, France
Investor stats
- Total investments: 15
- Round size: Seed $170k–$2.5M; Pre-Seed $335k–$3.7M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- BioNeex — The first Biopharma R&D open Exchange Platform for Licensing and Co-Development Partnerships of Drug Candidates
- BrandLens — Video submissions made easy. Collect UGC, testimonials, and fan videos through guided, in-browser experiences that scale without friction. White-label available
- Async — Podcastle is an AI-powered content creation platform that helps podcasters, educators, marketers, and other creators to produce professional-quality audio and video content like podcasts and audiobooks. The company’s goal is to democratize access to content creation by offering an end-to-end suite of tools encompassing creation, editing,transcription, voice duplication, and distribution.
Hardware VC funding in Armenia at a glance
Stats across 5 deals from 13 investors.
Access all 13 VC funds in Armenia Hardware startups.
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