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🚀 Modicus Prime Secures $3.5M Seed Investment! 🚀 Modicus Prime has raised $3.5M in seed funding for a revolutionary advancement in drug manufacturing quality control! This round was led by Silverton Partners, with additional support from Alumni Ventures and other notable venture firms. With strong roots in the Armenian startup ecosystem, Modicus Prime's team features significant Armenian leadership, including advisor Jack Topdjian. Notably, three Armenian VCs—Granatus Ventures, Triple S Ventures, and SmartGateVC—have invested in the startup previously. Modicus Prime's self-service AI software is revolutionizing biotechnology through advanced image analysis, preventing costly contaminations and ensuring real-time product quality. Congrats to the Modicus Prime team and their investors on this milestone! 🔥 https://t.me/threenstartups #modicusprime #investment #successstory #granatusventures #triplesventures #smartgatevc

🚀 IT Future Hub: Yerevan 2024 - IT Synergy by Analysts Association, Gitakan Tech Institute and Anahit Hub 🇦🇲 Learn about the latest IT trends and network with industry leaders.: ✅ Types of IT analysts and their responsibilities ✅ Salary ranges for IT professionals at various levels and in different countries ✅ Successful job search strategies in IT: how to find a job in 2024 ✅ Unique career-building cases in IT: steps to becoming a top expert 📌 Venue: Anahit Hub, Hakob Hakobyan St 3, Mergelyan Institute, Yerevan 🌐 Online meetup broadcast: the link will be available after registration 🗓 Date: August 4, 2024 ⏲ Time: 14:00 Yerevan time (GMT+4) 📢 Language: Russian ➡️ Registration link This event will be beneficial for professional growth, acquiring new knowledge, and expanding your network! https://t.me/threenstartups #analystsassociation #itfuturehub #meetup #event #netwokring #anahithub #gitakan

📢 Brace yourselves for QLOONG Vol. 5! 📅 Date: July 18, 2024 🕒 Time: 19:00 📍 Location: Unicorn Community Cafe, 83 Koghbatsi St 🚀 Qloong Vol. 5 promises raw and brutally honest feedback to propel your startup forward. Connect with entrepreneurs, investors, and enthusiasts. Share stories, network, and discover new opportunities. 🎤 Want to present? Apply now to showcase your startup and receive feedback from experienced Qloongers. 🔗 https://lnkd.in/d_mnKK-R 🎟️ Not presenting? No problem! Join us for an evening of entertainment, surprises, and invaluable insights. 🔗 https://lu.ma/lbm0hmd4 Places are limited, so don't miss out - register❗️ Event Links: - Facebook: https://shorturl.at/RWtbA  - LinkedIn: https://shorturl.at/GysA5  https://t.me/threenstartups #qloong #event #networking #ideavalidation

🚀 HerculesAI (ex Zero Systems) secured $26M in Series B funding! Exciting News for the Armenian Startup Ecosystem! HerculesAI (formerly Zero Systems) secured $26 million in Series B funding! 🎉 Since 2017, they’ve been pioneers in automating professional services, and their early focus on building large language models (LLMs) has paid off massively, especially after the surge of interest in LLMs with the rise of ChatGPT in 2022. They’ve been developing small models since 2020, running them on edge devices for compliance. Today HerculesAI’s multi-agent system is revolutionizing intelligent data extraction, transformation, and verification, ensuring accuracy by comparing data against regulations, policies, contracts, and laws. They had 4x growth in the past year, with 30% of the top 100 US law firms and major Fortune 500 companies like Mercer, Standard & Poor’s, and State Farm as clients. Kudos to Gevorg Karapetyan and HerculesAI for their incredible achievement! 🌍🚀 https://t.me/threenstartups #investment #successstory #herculesai

🚀 Flagship Pioneering Raises $3.6B! 🧬 Flagship Pioneering has expanded its capital base by $3.6B to support the creation of 25 breakthrough companies in human health, sustainability, and AI. This brings their total capital raised since 2021 to $6.4B! 🔬 “Our focus is on pioneering original science to invent transformative technologies that improve human health and our planet,” says Flagship Pioneering Founder & CEO Noubar Afeyan. 🏢 Flagship has expanded globally with hubs in London and Singapore, through collaborations and partnerships with industry giants like Pfizer and Samsung. 👥 Flagship's portfolio includes innovative companies like Moderna, Generate Biomedicines, Indigo Agriculture, Foghorn Therapeutics, and Tessera Therapeutics. This news and this one demonstrate the strength and power of the Diaspora. Its potential in transforming Armenia into an innovation hub is obviously underused. https://t.me/threenstartups #biotech #ai #flagshippioneering #investment #healthtech #noubarafeyan

🚀 Index Ventures Announces $2.3 Billion in New Funds Index Ventures announced a $2.3 billion in new funds to support the next wave of tech startups globally! 🎉 🔹 $800M for Venture Investments 🔹 $1.5B for Growth and Late-Stage Companies The funds were raised in just a few weeks, entirely from existing LPs, showcasing the firm’s strong reputation. Index Ventures is a leader in the VC space, particularly in AI. “There’s a huge opportunity for entrepreneurs to build on AI’s foundation models, adding real value,” says Nina Achadjian. Index Ventures' portfolio includes Figma, Revolut, Roblox, Scale AI, and Wiz. Over the past 28 years, they’ve funded 108 unicorns, 23 decacorns, and 57 public companies. P.S. Nina is one of the leading forces of HIVE - one of the first and most successful Armenian VC funds investing in numerous promising Armenian startups. https://t.me/threenstartups #indexventures #venturecapital #ninaachadjian #diaspora

🚀 Open Call for Armenian Startups: Apply Now for the WITSA World Cup National Competition! 🚀 Calling all Armenian Pre-Series A startups! Showcase your innovative solutions and compete on a global stage. The WITSA World Cup National Competition in Armenia is now accepting applications until July 31, 2024. 🏆 Why Apply? - Gain international exposure - Compete with top startups worldwide - Opportunity to represent Armenia at WCIT2024/DigiTec 📅 Key Dates: - Application Deadline: July 31, 2024 - National Event: October 2024 at the Karen Demirtchian Complex, Yerevan 🔑 Evaluation Criteria: - Innovation - Customer traction - Scalability - Tech for good - Potential ✨ Don't miss out on this chance to shine globally! Visit here for more details and to apply: https://www.f6s.com/witsa-national-competition-armenia https://t.me/threenstartups #witsaworldcup #wcit2024 #startups #competition #applynow

📊 Carta's Q2 Startup Ecosystem Insights: Key Takeaways 📊 Every quarter, Carta releases a comprehensive State of Private Markets report on the startup ecosystem. Here's an early glimpse into Q2 data for U.S. startups: 🚀 Valuation Trends: - Modest increases in median pre-money valuations at most venture stages. - Rapid valuation spikes for Series D and E+ rounds (on very low volume). 💵 Round Size Consolidation: - Median cash raised remained steady from Seed through Series C after recovering from 2023 lows. 📈 Fundraising Overview: Overall fundraising in Q2 is projected to be only slightly higher than Q1. https://t.me/threenstartups #carta #analytics #positivetrends

Happy Vardavar 💦 Product People Armenia will host Yeva Hyusyan, the Co-Founder & CEO of Sololearn, a Series B stage ed-tech startup that provides an at scale solution for upskilling and reskilling by making tech skills accessible to all. The event will be in a BusinessTalks format, where you can ask questions from the audience and meet personally after the event. The event will be moderated by Tat Ajamyan, Founder of SleepDoctor and Wakie (YC alum). 🗓 Date: July 9 🕢 Time: 6:30 PM 👉 Book your seat here: https://mssg.me/productpeople 🔥 This is the very first event hosted in a newly opened IT hub in the heart of Yerevan - at ai9. Find the Google Map link here. Don't miss a chance to attend this event! https://t.me/threenstartups #event #networking #yevahyusyan #tatajamyan #ai9 #productpeoplearmenia

🚀 AWS, in collaboration with NVIDIA, has launched the AWS Generative AI Accelerator! 🌟 Program Highlights: - Win up to $1M in AWS credits - Receive a complimentary ticket to AWS re:Invent 🗓 Application Deadline: July 19, 2024. 🔗 Apply Now: aws.amazon.com/startups/accelerators/generative-ai Finalists will be invited for virtual interviews. Stay tuned for updates by the end of August. https://t.me/threenstartups #aws #nvidia #acceleratorprogram