π Celebrating the Launch of Formula VC II Fund!Today marks an important milestone for the Armenian startup ecosystem with the opening ceremony of Formula VC II Fund!
Since its inception in 2021, Formula VC I has backed
22 startups, many of which have grown into global leaders in fields like cybersecurity, AI, and quantum technologies. With investors and advisors from 20+ countries, Formula VC has become one of the key enablers of the Armenian startup ecosystem.
With a vision to invest
$30M in 35β40 companies, Formula VC II will further fuel the next wave of innovation and strengthen Armeniaβs position in the global tech ecosystem.
A heartfelt congratulations to the founders, LPs, and the entire Formula VC community on this incredible journey!(c) Photo Credit: Itel's
article#VentureCapital #Armenia #StartupEcosystem #TechInnovation #FormulaVC
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