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Top 20 Software VC Funds & Investors in Armenia (September 2026)

The most active venture capital funds investing in Armenia Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Armenia Software startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sierra Ventures
VC Fund
4 United States, China, Canada Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2M–$40M
Formula VC
VC Fund
4 United States, Armenia Seed, Series A Software, Information Technology, Apps $1.5M–$10M
Point Nine
VC Fund
3 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $900k–$62M
RTP Global
VC Fund
3 United States, India, Germany Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$80M
HIVE Ventures
VC Fund
3 United States, Armenia, India Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $120k–$22M
Triple S Ventures
VC Fund
3 United States, Armenia, France Pre-Seed, Seed Artificial Intelligence, Health Care, SaaS $750k–$2.7M
SmartGateVC
VC Fund
3 United States, Armenia, United Kingdom Pre-Seed, Seed, Angel Artificial Intelligence, Machine Learning, Health Care $250k–$10M
BANA Angels
VC Fund
2 United States, Armenia, France Seed, Pre-Seed Information Technology, Software, Artificial Intelligence $170k–$3.7M
s16vc
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $2M–$95M
Mosaic Ventures
VC Fund
1 United Kingdom, United States, Germany Series A, Series B, Seed Software, Artificial Intelligence, Finance $1.9M–$69M
Peak
VC Fund
1 The Netherlands, Germany, Sweden Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $570k–$17M
LENDLEASE CORPORATION LIMITED
VC Fund
1 Italy, Germany, United States Pre-Seed, Venture - Series Unknown, Series A SaaS, Artificial Intelligence, Biotechnology $142k–$5.6M
Hack VC
VC Fund
1 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$42M
BigStory VC
VC Fund
1 United States, Armenia, Germany Pre-Seed, Seed SaaS, Software, Information Technology $100k–$10M
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Liqvest
VC Fund
1 Armenia, United States Seed Travel, Tourism, Children $1M–$2.5M
Healthcare Equity Angels
VC Fund
1 Armenia Seed Children, Hospital, Robotics
Imperii Partners
VC Fund
1 Armenia, Singapore, United States Pre-Seed, Series B, Venture - Series Unknown Blockchain, Cryptocurrency, Web3
SunICON Ventures
VC Fund
1 India, Armenia, Singapore Seed, Pre-Seed, Series A Software, Manufacturing, Artificial Intelligence $100k–$6.5M
Cariplo Factory
VC Fund
1 Italy, France, Germany Pre-Seed SaaS, Artificial Intelligence, Software $142k–$600k
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Investor list

Sierra Ventures
VC Fund · San Mateo, California, United States · 4 investments in Armenia Software startups

Sierra Ventures is an early-stage venture capital firm investing in the future of enterprise, healthcare, infrastructure, and more.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 403
  • Round size: Seed $2M–$11M; Series A $5M–$21M; Series B $5.5M–$40M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $266M in 2023

Portfolio highlights

  • Permeo Technologies — Broadcom Inc. is a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions.
  • SenSage — SenSage offers patented event data warehouse solutions that provide actionable results from massive amounts of log and event data. More than 400 customers have deployed SenSage solutions to reduce security, fraud and compliance risks at a fraction of the cost of traditional data warehouses and log management solutions.
  • Phenom — The Talent Experience Management Platform built to attract, identify, and build relationships with the right talent at the right time.
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Formula VC
VC Fund · Yerevan, Yerevan, Armenia · 4 investments in Armenia Software startups

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.

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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
  • Last fund: May invest from a new fund soon — raised $7M in 2021

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.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 3 investments in Armenia Software startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 284
  • Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$62M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Sereact — The only real-world verified Vision-Language-Action AI. Proven at scale. Trained on the world's largest dataset of robotic picks.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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RTP Global
VC Fund · London, England, United Kingdom · 3 investments in Armenia Software startups

A global, early-stage venture capital firm, backing founders who use technology to reimagine how the world works like Datadog, DeliveryHero and Cred.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 271
  • Round size: Seed $2M–$13M; Series A $6M–$25M; Series B $11M–$80M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Yogi — Yogi's analytics platform lets you easily sift through customer Reviews & Ratings data. Get actionable insights from your product Reviews, Ratings, and Sentiment Analysis to improve your brand reputation and product experiences.
  • OUTZIDR — Trendy GenZ western wear. Vacation, Party & Casual Wear. FREE Shipping on All Orders. COD Available. Easy 7-Days & Returns. Code OUT400 for FLAT 400 OFF.
  • Ozon — leading e-commerce platform in Russia, first russian marketplace
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HIVE Ventures
VC Fund · San Francisco, California, United States · 3 investments in Armenia Software startups

HIVE Ventures provides capital, community, and connections to help you build your business.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Armenia, India

Investor stats

  • Total investments: 36
  • Round size: Seed $120k–$3.5M; Series A $4M–$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.
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Triple S Ventures
VC Fund · 3 investments in Armenia Software startups

We invest in scalable ideas, striking minds, and their success.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: United States, Armenia, France

Investor stats

  • Total investments: 10
  • Round size: Pre-Seed $750k–$2.7M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • SimCare AI — An advanced clinical training platform for healthcare professionals
  • Optimyzee — Optimyzee builds, cleans and optimizes Google Ads, Yelp Ads and eCommerce campaigns with AI while every change stays human-approved.
  • Cloudchipr — Empower your team with AI agents to optimize cloud costs, answer questions, explain anomalies, send reports, assign tasks, and more.
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SmartGateVC
VC Fund · Yerevan, Yerevan, Armenia · 3 investments in Armenia Software startups

Pre-seed VC fund backed by Tim Draper & entrepreneurs / professionals. AI, Security, IoT, Biotech, Quantum across Armenia, California, Boston, NYC, Eastern Europe

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Health Care
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Armenia, United Kingdom

Investor stats

  • Total investments: 44
  • Round size: Seed $2.5M–$10M; Pre-Seed $250k–$2.7M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $11M in 2024

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.
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BANA Angels
VC Fund · Delevan, New York, United States · 2 investments in Armenia Software startups

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.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Armenia, France

Investor stats

  • Total investments: 21
  • Round size: Seed $170k–$2.5M; Pre-Seed $335k–$3.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BioNeex — The first Biopharma R&D open Exchange Platform for Licensing and Co-Development Partnerships of Drug Candidates
  • 10Web — Unlock powerful tools for hosting, building, optimizing, and securing your site. Elevate your web presence with 10Web.
  • BrandLens — Video submissions made easy. Collect UGC, testimonials, and fan videos through guided, in-browser experiences that scale without friction. White-label available
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s16vc
VC Fund · New Castle, Delaware, United States · 2 investments in Armenia Software startups, 8 in the past 12 months

s16vc is an early-stage founder-centric angel fund. The fund focuses on early stage technology investments, operating globally in Europe, and the US. We have brought together more than 80 founders & operators to support early stage companies in their growth. Fund partners are active founders and operators: - Oleg Bibergan - Co-founder &Co-Managing Partner at s16vc, venture investor & corporate finance executive with 15 years of experience spanning early, growth, and late stage deals as equity investor with GS SSG, Kismet Capital Group, and personal angel portfolio- Aleks Shamis - Co-founder & Co-Managing Partner at s16vc. Ex-Deputy CEO at Borzodelivery.com (global on-demand delivery business, operating in 10 countries)- Mike Peregudov - Founder & CEO at Pivot.ws (EdTech startup in the US market), Food Party (exit to Yandex)- Leo Batalov - Partner, Global Co-Head of Emerging Growth Companies & Venture Capital at DLA Piper, top international law firm- Egor Rudi - Founder & CEO at Profi.ru (leading services marketplace in Eastern Europe), Co-founder at Hands.ru (first Uber-like marketplace in home improvement market)- Tolya Marin - Founder at Payment systems (fintech company with profit per employee > PayPal & 20m installs/ 5m MAU)- Andrey Khusid - Founder and CEO of Miro, the world's most popular visual collaboration platformBeing founders ourselves, we are confident that people succeed, not ideas, and feel immense respect for every founder who perseveres to the point of creating impact and monetizable value. We invest in teams who share our values: - People succeed, not ideas- Community, not individual- Trust- Transparency- Intrinsic motivation to help- Pay forward- Beginner mindset

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 91
  • Round size: Seed $2M–$8.5M; Series A $5M–$35M; Series B $20M–$95M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.8M in 2026

Portfolio highlights

  • All3 — All3 uses AI and robotics to design, manufacture, and assemble buildings through a unified system. The company provides an end-to-end system that combines AI-driven architectural design, robotic off-site manufacturing, and automated on-site assembly for residential and commercial structures. Its platform enables customized building components to beproduced and assembled with software-controlled workflows, reducing reliance on manual processes and fragmented supply chains.All3 also offers vertically integrated services that cover planning, engineering, fabrication, and construction delivery, allowing developers to manage projects within a single system. Its technology supports complex building designs and constrained urban sites by adapting production and assembly processes to specific project requirements.
  • Dwelly — Dwelly acquires and partners with independent UK lettings agencies, helping owners exit smoothly, profitably and on their terms. Get a free agency valuation.
  • Passionfroot — A workspace where you can manage your creator business and organise your finances so that you can optimise your creator-work-life balance.
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Mosaic Ventures
VC Fund · London, England, United Kingdom · 1 investments in Armenia Software startups

We back founders who are reimagining the world. We invest $1-10m early, in those building daring adventures in Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Finance
  • Stage:Series A, Series B, Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 106
  • Round size: Seed $1.9M–$21M; Series A $5M–$26M; Series B $12M–$69M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2018

Portfolio highlights

  • Cortea — Purpose-built AI grounded in auditing standards. Consistent, defensible audits every time. Trusted by DHPG and Mazars.
  • Parloa — Amplify your customer service experience with a team of personal AI agents. Leverage the full power of generative AI for contact center automation.
  • Coram AI — Secure your business with cloud based security cameras from Coram AI. Remotely monitor your property with advanced AI security cloud camera systems. Book a demo.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Armenia Software startups

European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: The Netherlands, Germany, Sweden

Investor stats

  • Total investments: 120
  • Round size: Seed $570k–$5M; Pre-Seed $781k–$2.5M; Series A $6.5M–$17M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $158M in 2022

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • VoiceLine — VoiceLine is AI-powered field sales revenue intelligence. Document any customer interactions in seconds, get actionable insights and boost sales performance. Start today!
  • microsynetics GmbH — Developing hardware and software to help elderly people gaining more freedom and quality of life. Our first product is an emergency wristband which works together with an app, also connecting relatives via smartphone and phone integrated in the emergency wristband. The automated AI-based fall detection guarantees help even when the user - afteraccident - isn't capable anymore of activating the emergency call via integrated button.
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LENDLEASE CORPORATION LIMITED
VC Fund · Sydney, New South Wales, Australia · 1 investments in Armenia Software startups

Lend Lease creates and delivers innovative and sustainable property and infrastructure solutions for future generations.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Biotechnology
  • Stage:Pre-Seed, Venture - Series Unknown, Series A
  • Geography: Italy, Germany, United States

Investor stats

  • Total investments: 24
  • Round size: Pre-Seed $142k–$5.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 1994

Portfolio highlights

  • Zell — AI-powered sales training that revolutionizes team performance. Personalized coaching, real-time insights, and autonomous learning to boost your sales success. Join the future of sales today.
  • Smartworks — Find office spaces with flexible leases, modern amenities, and prime locations. Ideal for businesses of all sizes. Explore your office space options today!
  • Podium — The official twitter account of Podium.io, the event app cloud CMS. Helping you create the best app for your events.
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Hack VC
VC Fund · San Francisco, California, United States · 1 investments in Armenia Software startups

Hack VC is a web3 venture capital firm.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 293
  • Round size: Seed $2M–$15M; Pre-Seed $1M–$8M; Series A $6M–$42M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • Axis Robotics — AXIS ROBOTICS | Transferring Diverse Human Intelligence Into Robotic General Intelligence
  • Hyperlane — Hyperlane is the platform for developers building the interchain universe
  • Silicon Data — Revolutionize compute markets through unparalleled data transparency, financial product innovation and market intelligence
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BigStory VC
VC Fund · Walnut, California, United States · 1 investments in Armenia Software startups

We Help exceptional Armenian founders build high-impact, global companies.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: United States, Armenia, Germany

Investor stats

  • Total investments: 8
  • Round size: Seed $1.5M–$10M; Pre-Seed $100k–$1.6M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • New Norm — Talk it through. Journal it. Build a visual memory. A mental health space for guided reflection and self-understanding.
  • 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.
  • SynthFlow AI — Build AI Agents at Scale. No Coding Required.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Armenia Software startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2373
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$588k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Praktiki — Praktiki is building the "Decision Layer" for medicine.While medical knowledge doubles every 73 days, frontline clinicians struggle to translate guidelines into practice. Current AI search tools excel at surfacing public data from clinical trials, but fail to capture "how" experts apply that evidence in real-world scenarios.Praktiki fills this gap. We utilise an AI Agentic Creator Engine to capture tacit specialist reasoning and fuse it with public evidence. This feeds a proprietary Expert Knowledge Graph that powers: 1) Microlearning: Case-based modules created 10x faster and which are 170% more effective than traditional education 2) AI Expert Guidance: Real-time decision support synthesising evidence with expert implementation strategies.2025 Traction - our MVP proved that solving the expertise gap drives high engagement: - Registered >10% of UK GPs - 60,000+ modules completed with an 85% completion rate - 51% month-over-month growth - Market-leading NPS of 83We are building a compounding data moat to expand beyond education into clinical intelligence and healthcare data solutions.
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • MultivisionDx — MultivisionDx's computer vision technology integrates the tumor's unique biological and geographical properties, as well as its milieu, to generate patient-specific tumor profiles.
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Liqvest
VC Fund · Fairview, New Jersey, United States · 1 investments in Armenia Software startups

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.

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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.
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Healthcare Equity Angels
VC Fund · 1 investments in Armenia Software startups

Investment focus

  • Industry: Children, Hospital, Robotics
  • Stage:Seed
  • Geography: Armenia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
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Imperii Partners
VC Fund · 1 investments in Armenia Software startups

Imperii Partners is a global, crypto-native investment bank and advisory firm that provides purpose-driven strategic and financial advice to the best and most promising companies in the crypto industry.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Pre-Seed, Series B, Venture - Series Unknown
  • Geography: Armenia, Singapore, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AscendEX — AscendEX is global operator of digital asset exchanges for diverse groups of clients from retail to institutions.
  • CoinStats — Own crypto in multiple exchanges and wallets? Sync them to CoinStats so you track and manage them from one place. Track 8000+ coins and 300+ exchanges.
  • Mina — Discover Mina Protocol, the lightest blockchain designed for secure, scalable decentralized applications. Start building or learn more.
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SunICON Ventures
VC Fund · Mumbai, Maharashtra, India · 1 investments in Armenia Software startups

Our aim is to support founders who walk the extra mile, who think beyond borders and boundaries, who come out with innovative ideas and who passionately desire to grow on a global scale.

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Investment focus

  • Industry: Software, Manufacturing, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, Armenia, Singapore

Investor stats

  • Total investments: 25
  • Round size: Seed $538k–$2.7M; Pre-Seed $100k–$1.7M; Series A $3M–$6.5M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Robi Labs — Robi Labs is an AI research and development company that focuses on advancing machine learning technologies through autonomous learning systems and applied artificial intelligence. The company conducts research and builds AI models designed to perform complex tasks across various domains. Its work supports sectors such as technology, healthcare,and education by developing solutions that integrate machine learning into real-world applications. It combines theoretical research with engineering to design systems that address automation, decision-making, and intelligent interaction across different industries.
  • Sensesemi — Sensesemi Technologies is a healthcare startup that focuses on the development of unique medical devices. The company's inspiration stems from personal experiences with hypertension and diabetes in close family members. Sensesemi Technologies is known for its commitment to delivering optimal healthcare services. The company's productdevelopment is primarily in the field of medical devices, aiming to cater to a wide range of healthcare needs. The company has been recognized for its work, notably winning in the ESDM category at the 'Startup Karnataka Top Tech Awards'.
  • StrainX Bioworks —
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Cariplo Factory
VC Fund · Milan, Lombardia, Italy · 1 investments in Armenia Software startups

L'Innovation Hub per la filiera del talento: formazione, accompagnamento imprenditoriale, investimenti di Ventur Capital e internazionalizzazione.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Software
  • Stage:Pre-Seed
  • Geography: Italy, France, Germany

Investor stats

  • Total investments: 20
  • Round size: Pre-Seed $142k–$600k
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $29M in 2017

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.
  • CloEE — CloEE is an AI-powered SaaS specifically designed to enhance the productivity and manage quality of end products at discrete manufacturing companies of all sizes. CloEE focuses on real-time data collection from production equipment, reducing emergency stops by up to 95% and improving productivity, reducing reject rates by 2 times and improvingoverall equipment efficiency (OEE) by up to 30%. The CloEE SaaS involves predictive analytics, optimizing operation modes and leading to substantial cost savings on equipment expenses. Drawing on the data collected, CloEE presents the possibilities of generative AI, paving the way for advanced technology management. CloEE team possesses 5+ years of experience working with Industry 4.0 projects and has uplifted 400 large industrial enterprises in 25 countries; over 25,000 machines worldwide are connected and managed with our IT solutions.CloEE aims to reduce carbon emissions by improving OEE and minimizing manufacturing machines worldwide.
  • Audemic — Audemic Scholar enables PhD students and researchers to transform stale research PDFs into a time-saving reading and listening experience.
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Software VC funding in Armenia at a glance

Stats across 14 deals from 20 investors.

20
investors
in Armenia Software startups
14
deals
in Armenia Software startups
$650k
median round
in Armenia Software startups
30%
lead investors
lead at least one round
36%
Pre-Seed
most common funding stage

Access all 20 VC funds in Armenia Software startups.

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