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Armenian Startup Ecosystem News Channel
by Ruben Osipyan @rubenosipyan
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Armenia’s Angel & VC Deals 2025 – 3N's Intermediary Recap of 2025

8 investments | 1 exit

πŸš€ Investment Deals
1) BANA Angels & Formula VC β†’ Prodmap AI
2) STAN & Triple S Ventures β†’ My Town AI
3) STAN β†’ Stealth Startup (undisclosed)
4) Alchemist Doha β†’ Denovo Sciences
5) Plug & Play β†’ Prodmap AI
6) STAN β†’ SimCare AI
7) Dell Technologies Capital β†’ SuperAnnotate ($13.5 M; making the total of SuperAnnotate's Series B round $50 M)
8) STAN β†’ TACTUN

Exit:
Braze acquired OfferFit β€” co-founded by George Khachatryan β€” for $325 M.

Note from 3N
The overall number of investment deals on 3N in 2025 was significantly less than we saw in previous years.
Worth digging deeper to see the reason.

However, the year that has a $325M exit announcement is still special :)

πŸ“’ Tell Us What We Missed:
Please let us know if we missed any deals or rounds that were announced publicly but we missed them.

Help us to keep the ecosystem deal map up to date.

#3N #EcosystemRecap

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