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Uplifting Armenian Economy Through Entrepreneurship The Grant Program aims at assisting companies operating in Yerevan and in the regions to develop their innovative tech products and solutions, as well as to direct them to promote traditional sectors of the economy. See More Uplifting Armenian Economy Through Entrepreneurship The Grant Program aims at assisting companies operating in Yerevan and in the regions to develop their innovative tech products and solutions, as well as to direct them to promote traditional sectors of the economy. See More

Our work results

80 +

Funded Sturtups

$ 2.5+M

Funding

300 +

New Job Openings

   Meet Our High Growth Startups

SoloLearn is an innovative community learning platform, which breaks the stereotypes of institutional instructor-centric learning and creates a student-centric open crowd-learning that provides for fast, effective and fun learning...
gg is your ultimate way of getting reliable ride and transportation in Russia, Georgia and Armenia. Request a ride with a tap of button and the partner will pick...
Renderforest is an all-in-one branding platform. They offer you the best online branding tools to create high-quality videos, logos, graphics, mockups, and websites with minimal time and effort.
XCloud is the most comprehensive networking software suite that makes private infrastructures time and cost efficient. XCloud is the most comprehensive networking software suite that makes private infrastructures time...
Grovf database server is a first of its kind dedicated, out of the box, FPGA-Accelerated NoSQL Database for storing IIoT sensors generated data. The prototype has already achieved 10x...
Pixomatic is state-of-the-art online photo editor with a unique image cutting feature. It's possible to instantly remove a background from any photo, make it transparent, add different colors and...
Chessify is a chess platform that revolutionizes chess community experience, by applying state-of-the-art Deep Learning solutions. The startup offers services for both professional and amateur players. Chessify’s cloud service...
Volterman has an electronic processor, packed in a slim and elegant wallet. It combines several features that customers need in a wallet in a daily life. The wallet is made...
Embry is an elegant and highly innovative tech solution for weight loss. It is the only activity tracker in the market with a built-in smart scale. Embry combines features of...
WICASTR is a platform that facilitates the creation of wireless networks and content distribution everywhere. No IT skills needed. We add a layer of hyper local content and services...
D'efekt is community powered content creation platform. It is an innovative app that allows the user to create unique videos and photos with movement reacting effects. The app enables...
Wirestock provides creators one-door access to the largest stock content marketplaces, as well as automates all of the required submission steps. In addition, the copyright information about each item...
The solution developed by EasyDMARC, prevents hackers’ attacks via email. The company targets SMEs that send more than 10 000 emails a month using various electronic means. EasyDMARC is...
PINOKIT is an affordable and user-friendly educational trainer kit, which helps STEM educational institutions to increase students’ engagement and drive productivity through fascinating hands-on experiments. It is the first add-on...
Himnark is an affordable, cloud based HR & Payroll solution for Armenian SME’s. The platform is equipped with an employee self-service application allowing employees to get access to their salary...
hireBEE.ai is a modern collaborative AI powered all-in-one recruiting platform, that utilizes AI to screen candidates, match candidate CV with job and company requirements, optimize vacancy placement and distribution...
Light Tech startup offers innovative self-luminescent maintenance-free and energy independent signs made with unique technology, which accumulates light throughout the day from any source, and starts to glow brightly...
The platform serves for creating own AR samples and use them both for fun and for professional purposes. The creation process doesn't require any technical skill, it is as...

SUCCESS STORIES OF STARTUPS

Wirestock LLC

Wirestock provides creators one-door access to the largest stock content marketplaces, as well as automates all of the required submission steps.
In addition, the copyright information about each item managed through Wirestock gets registered on a blockchain-based copyright registry making the process of proving ownership much easier.

SUCCESS STORIES OF STARTUPS

Stem Didactics LLC

PINOKIT is an affordable and user-friendly educational trainer kit, which helps STEM educational institutions to increase students’ engagement and drive productivity through fascinating hands-on experiments.
It is the first add-on module design based on a Raspberry PI platform enabling thematic researches for STEM disciplines. It is based on a simple computer “PI Zero”, which makes PinoKIT an affordable tool for practical learning.
The unique combination of hardware and software automation and step-by-step curriculum (all-in-one architecture) make the startup’s kits powerful studying tools for STEM-oriented students.

SUCCESS STORIES OF STARTUPS

Forest Guard LLC

Forest Guard uses LoRa technology and has developed a unique FFT algorithm, which helps the sensor system save electricity and send the signals very fast. For the successful implementation of the system, Forest Guard will cooperate with the Armenian government, as all forest areas in Armenia belong to the public sector.

SUCCESS STORIES OF STARTUPS

Keveyan Innovations LLC

Cow.Net is a device, which is intended to serve agricultural industry by increasing the efficiency of farms. By connecting cows to the Internet, it will be possible to monitor their health, reveal symptoms and avoid further complications of health problems. The device will track the body temperature, heart work, oxygen level in blood, calorie level and other significant indicators of cows’ health. Cow.net will help to manage cows and optimize farms, thus decreasing the amount of physical labor and costs.

SUCCESS STORIES OF STARTUPS

Light Tech LLC

Light Tech startup offers innovative self-luminescent maintenance-free and energy independent signs made with unique technology, which accumulates light throughout the day from any source, and starts to glow brightly in the darkness.

SUCCESS STORIES OF STARTUPS

Lift UP LLC

Lift Up startup is creating devices for wheelchair that will help the user lift up and down the stairs without anybody’s help. The device created by Lift Up, is mechanical, light and easy to use. It can be used for any types of wheelchair, even for baby stroller. In addition, the device can be used on spot when reaching the stairs by the user himself. The startup team is planning to represent final tested devices in nearest future. The testing process will last about 1 year to be sure that the devices are safe, strong and can be used for long time.

SUCCESS STORIES OF STARTUPS

D’efekt LLC

D’efekt is community powered content creation platform. It is an innovative app that allows the user to create unique videos and photos with movement reacting effects. The app enables anyone to become an artist.

SUCCESS STORIES OF STARTUPS

Easytech LLC

The solution developed by EasyDMARC, prevents hackers’ attacks via email. The company targets SMEs that send more than 10 000 emails a month using various electronic means. EasyDMARC is special with its smart notification system, which allows customers to modify the system of their electronic conversations making it safer without risks.

SUCCESS STORIES OF STARTUPS

illuria LLC

The system can track the hackers’ steps without leaving traces. It’s possible to install hundreds of traps within seconds, using insignificant resource
The startup targets all the organizations that attach importance to security and possess a number of devices that need protection from attacks.

SUCCESS STORIES OF STARTUPS

Triple- E LLC

The platform serves for creating own AR samples and use them both for fun and for professional purposes. The creation process doesn’t require any technical skill, it is as easy as making a post in any social platform.
ARize is also a platform for 3D modelers and 2D animators to showcase their art in a new, innovative and easily accessible way. ARize mobile app is available for iOS and Android users.

SUCCESS STORIES OF STARTUPS

Expper LLC

Robin the Robot, developed by Expper Technologies is a business assistant robot powered by Machine Learning. It allows providing personalized customer service and supporting real-time conversations with the customers.
The startup team is adding unique behaviors to the robot, in order to create emotional connection between customer and Robin

SUCCESS STORIES OF STARTUPS

ForgeFiction LLC

The whole content created on the platform, which in future will include comics, screenplays, video game scripts and digital art in addition to books, is generated through community voting on each step of its creation.
Getting into EU market is in the startup’s plans. Additionally, the startup plans to include adaptations of the platform for French, German, Spanish and Italian languages

SUCCESS STORIES OF STARTUPS

Cyber Mantis Games LLC

The Last Daredevil” game places the ancient hero in an unexpected cyberpunk setting, making him explore his identity by traveling through dual worlds. It’s progression is done through story and combat. The genre of the game is hack’n’slash.
For the next 1 year Cyber Mantis Games is planning to release the demo version of its game. “The Last Daredevil” will be available in almost all languages widely spoken in Europe

SUCCESS STORIES OF STARTUPS

Breedge LLC

Breedge is an online platform that helps SMEs and startups hiring in niche and emerging fields to find and invest in the right student talent.
The web platform helps companies find the best candidates straight out of college for their junior/internship/entry-level positions.
Breedge uses Machine Learning technology to analyze the data from both the students and companies and recommend the best matches.

SUCCESS STORIES OF STARTUPS

Rend Chain LLC

RendChain is a decentralized peer-to-peer network that aims to let people contribute their computational power (personal computers, laptops, tablets) to a system that would rent them to businesses that need it.

SUCCESS STORIES OF STARTUPS

Dipredmedia LLC

hireBEE.ai is a modern collaborative AI powered all-in-one recruiting platform, that utilizes AI to screen candidates, match candidate CV with job and company requirements, optimize vacancy placement and distribution channels – all aimed at increasing the quality of hire and time to fill, which are the most important KPIs in modern recruiting.

SUCCESS STORIES OF STARTUPS

Soraytec LLC

Smart Metering System for Power Distribution Networks is the first all-in-one environmentally friendly device which can measure the reactive power at medium voltage levels without the need of an instrument transformer.
This enables to accurately measure power, energy and power quality parameters for improving both grid operations and tariff metering.

SUCCESS STORIES OF STARTUPS

gHost Services LLC

eSwap platform is integrated with different marketplaces, eCommerce shops, accounting systems and shipping couriers. This helps the customers manage their entire inventory and fulfill all their orders from one platform, from packaging up to shipping and accounting process.

SUCCESS STORIES OF STARTUPS

360STORIES LLC

The 360 Stories project is aimed to develop a solution for local travel operators to present Armenia (and eventually scaled to other cities) on international trade.

SUCCESS STORIES OF STARTUPS

Himnark CJSE

Himnark is an affordable, cloud based HR & Payroll solution for Armenian SME’s.
The platform is equipped with an employee self-service application allowing employees to get access to their salary calculation, see available vacation days, apply for vacations and in general make communication between HR & Accounting and employees seamless, effective and convenient

SUCCESS STORIES OF STARTUPS

RIOsys LLC

RIOsys modules are designed in such a way, that it could be applicable to almost any low-cost re-programmable controller.
The modules are based on high-quality data acquisition elements. Their performance is practically comparable to industrial grade modules existing in the market. The startup also provide software API, so the users can use it in their own projects and research activities.

SUCCESS STORIES OF STARTUPS

Grovf LLC

Grovf database server is a first of its kind dedicated, out of the box, FPGA-Accelerated NoSQL Database for storing IIoT sensors generated data. The prototype has already achieved 10x faster transactions and 31x power saving compared with state-of-the-art solutions.

SUCCESS STORIES OF STARTUPS

SarsUp LLC

With the grant money the startup was able to buy a laser CNC machine and an industrial CNC machine to put together a machine line of producing educational and industrial CNC machines.
SarsUp’s educational CNCs have the potential to be introduced to the EU market. The startup founders believe that they can supply private engineering labs to EU.

SUCCESS STORIES OF STARTUPS

XCloud Networks LLC

XCloud is the most comprehensive networking software suite that makes private infrastructures time and cost efficient.
XCloud is the most comprehensive networking software suite that makes private infrastructures time and cost efficient.
With XCloud, companies build a CapEx efficient and vendor-agnostic infrastructure, grow their network whenever they need, automate operations, avoid human errors and wait time, 10x team productivity and reduce OpEx.

SUCCESS STORIES OF STARTUPS

TAS Group LLC

Volterman has an electronic processor, packed in a slim and elegant wallet. It combines several features that customers need in a wallet in a daily life.
The wallet is made by award winning designers and engineers.

SUCCESS STORIES OF STARTUPS

Fintech LLC

RiskSensor is a risk management toolkit, concentrated on operational and market risk management automation. The startup is planning to go live (beta version) and have its first paying customer in 2019.

SUCCESS STORIES OF STARTUPS

Qube LLC

Pixomatic is state-of-the-art online photo editor with a unique image cutting feature. It’s possible to instantly remove a background from any photo, make it transparent, add different colors and filters, or change the background with another photo.

SUCCESS STORIES OF STARTUPS

Chessify LLC

Chessify is a chess platform that revolutionizes chess community experience, by applying state-of-the-art Deep Learning solutions. The startup offers services for both professional and amateur players. Chessify’s cloud service dramatically increases professional chess training productivity and saves 30% of overall training time. The main advantages of the product are the following: dedicated cloud Servers; integration with different chess platforms; availability on mobile (Android/iOS).

SUCCESS STORIES OF STARTUPS

Embry LLC

Embry is an elegant and highly innovative tech solution for weight loss. It is the only activity tracker in the market with a built-in smart scale.
Embry combines features of activity tracker and smart scale, as well as features of virtual coach and network of nutritionists and trainers, all in one tiny wearable device. With all that, Embry becomes the most affordable all in one tool for weight loss.

SUCCESS STORIES OF STARTUPS

Renderforest LLC

Renderforest is an all-in-one branding platform. They offer you the best online branding tools to create high-quality videos, logos, graphics, mockups, and websites with minimal time and effort.

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