HYE TECH MINDS

Top startups news to follow this week:

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Top startups news to follow this week:

- FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund (EEGF), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region.

-Singapore-based industrial robotics firm Sesto this week announced a $5.7 million raise, featuring TRIVE, WTI GmbH and SEEDS Capital (Enterprise Singapore’s VC wing). The round follows a similarly sized $4 million Series A, back in 2018.

- Studies show out of 1,078 founders across 500 US unicorns, 90 entrepreneurs were born in India, signalling the significant presence of Indian Americans in the country’s startup and tech economy.

- Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup, which counts Google and Wells Fargo among its customers, scales its offerings and begins preparation for an IPO.

- Placer.ai, which has built a platform to track and understand footfall in a variety of venues, has raised $100 million, funding that it will be used to continue expanding its platform. Placer has confirmed that the round values it at $1 billion.

For more startup news, head to our website. ---------------

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Startup Monday Newsletter is empowered by the HyeTech Minds Podcast - a mission-driven platform aimed at fostering a community of people who are looking for inspiration to take their venture to the next level. Join our community

Top startups news to follow this week:

- Edtech giant Byju’s — which is leading the Indian startup ecosystem with the highest valuation — has received an offer from one of Churchill Capital’s special-purpose acquisition companies (SPAC) to go public in the USA, at a valuation of $48 billion.

-The “Future Unicorns in Fintech” report analyzes the top 50 Fintech startups that have the potential to become unicorns (valuation more than US$1bn) based on the Unicorn Prediction Model.

- 90% of bitcoin’s supply has been mined and 4 other crypto updates you should know. Though it briefly popped above $50,000 on Sunday, the price of bitcoin retreated at the start of the week. The largest cryptocurrency by market value is trading at around $47,358 as of Monday afternoon, according to Coin Metrics.

- The healthcare artificial intelligence market is projected to grow at a CAGR of 39.97% to reach US$36.222 billion by 2026 from US$3.441 billion in 2019.

- CVS Health is tapping into Microsoft’s technologies, including cloud computing and artificial intelligence, to accelerate its “digital-first” strategy.

For more startup news, head to our website. ---------------

Interested?

Subscribe to receive your Startup Monday in your inbox every Monday. Do not miss out on the latest tech trends happening in the global startup ecosystem, VC weekly overview, access to 1000 + Investors, Venture Capitals, Accelerators, tech jobs at the top tech companies in the U.S., and more.

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Startup Monday Newsletter is empowered by the HyeTech Minds Podcast - a mission-driven platform aimed at fostering a community of people who are looking for inspiration to take their venture to the next level. Join our community

Top startups news to follow this week:

 - BrightChamps, an Indian edtech startup that is attempting to bridge the learning gap left by K12 schools, has raised $51 million in a new financing round and $63 million since launching a year ago.

-Mobile marketing firm YellowHead and Facebook/Meta have launched the Meta Startup Hub, which is providing a variety of help to Israeli startups.

- The Berlin-based foodtech company is poised to debut its chicken-less egg product in the first quarter of 2022 in Germany, Switzerland, and Austria. Today, the company announced it raised $2.8 million in its first funding round to aid the initial launch and then expand further in Europe later in 2022.

- TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges.

- Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital, funding that will be used to double its workforce as it pursues a path to commercialization.

For more startup news, head to our website. ---------------

Interested?

Subscribe to receive your Startup Monday in your inbox every Monday. Do not miss out on the latest tech trends happening in the global startup ecosystem, VC weekly overview, access to 1000 + Investors, Venture Capitals, Accelerators, tech jobs at the top tech companies in the U.S., and more.

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Startup Monday Newsletter is empowered by the HyeTech Minds Podcast - a mission-driven platform aimed at fostering a community of people who are looking for inspiration to take their venture to the next level. Join our community

In this episode, Karen Vardanyan, Manager at Sprint Crowdfunders’ Fund joins HyeTech Minds to talk about some of the strategies and tactics that founders can use during their first crowdfunding campaigns. Karen shares his thoughts on the common challenges for startups during crowdfunding campaigns, and ways to overcome those challenges. He also gives tips on how to pick the right crowdfunding platform for a higher return.

We also had an interesting conversation on how Armenia can scale the local crowdfunding market and what changes need to be done in Armenia in order to expand foreign investments in the country’s tech ecosystem.

Karen Vardanyan is the Partner at Formula VC, Fund Manager at Sprint Crowdfunders’​ Fund. He is an experienced finance and banking specialist currently engaged in an asset management industry through the first of its kind Sprint Crowdfunders’ Fund (www.sprintcf.com) – a new tool for raising dedicated funds for marketing for the startups engaging in crowdfunding.

Stay up to date on the Armenian startup scene and the latest tech trends, get access to the Armenian-founded VC and Angel Investors, connect with peers ….. Join our community today

Sharing the following this week: 

- Autonomous delivery startup has raised $600 million in a fundraising round led by new investor Tiger Global Management, capital that the autonomous delivery startup will use to ramp up commercial operations.

- Mark Cuban and former Oculus CEO back 3D e-commerce startup VNTANA, which helps e-commerce retailers show off products on their sites in glorious 3D, while also allowing users to view objects in augmented reality and try on items virtually.

- OQmented, a German pioneer in AR/VR Display and 3D Sensing Solutions, scores €8 million in funding.

- Climate tech investment in Europe has grown 7x in the past five years, over the global average of 4.9x. Sustainability-focused VCs in Europe have raised $1.8bn this year so far, which includes the €350m fund by Ecosia-backed VC firm World Fund.

For more startup news, head to our website. ---------------

Interested?

Subscribe to receive your Startup Monday in your inbox every Monday. Do not miss out on the latest tech trends happening in the global startup ecosystem, VC weekly overview, access to 1000 + Investors, Venture Capitals, Accelerators, tech jobs at the top tech companies in the U.S., and more.

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Startup Monday Newsletter is empowered by the HyeTech Minds Podcast - a mission-driven platform aimed at fostering a community of people who are looking for inspiration to take their venture to the next level. Join our community

According to McKinsey Institute, AI could deliver an additional output of $13 trillion to the world economy by 2030, which would boost global GDP by nearly 1.2 percent a year. The future is big for AI.

In this episode, Hrant Davtyan, Founder, and CEO at Pinsight joins HyeTech Minds to talk about his startup journey. Hrant shares his thoughts on the importance of AI and Data in the decision-making process. Hrant also talks about the challenges and opportunities for Armenian startups to expand AI development.

In 2021, in mid-pandemic, Hrant has started Pinsight with a mission to give every decision-maker the power of making smart, insight-driven decisions fast. Pinsight is the first AI platform that allows product and customer experience teams to get AI-driven predictions and insights with a click of a button. Pinsight empowers company analysts and decision-makers with instant access to AI-powered predictions and insights.

Founded a Data science consulting agency Pinsight and scaled it to 40+ projects in 2 years

" 68 million young people unemployed globally. There are so many young people who are at an age they can start working. But unfortunately,  either they cannot afford higher education, or they don't have the chance; either they have single parents, or simply they don't have the means. Mentorship plays a huge role to get navigation, inspired to enter a specific profession, and connect with experts in the industry."

In his episode, Lucy Setian, Founder of ManateeMentor joins HyeTech Minds to talk about the importance of mentorship for college students, making education affordable for underrepresented communities, and reducing technology inequality. Lucy also stresses the importance of connectivity and networking to bridge the gap between tech communities in Armenia and abroad.

MANATEE MENTOR is a Swiss-based startup that offers a unique AI model to predict professional success and the value of mentoring for organizations. It offers a unique AI model to predict professional success and the value of mentoring for organizations. Recently, MANATEE MENTOR joined the UNESCO Global Education Coalition.

Lucy is the Co-Founder at ManateeMentor.  Since 2020, Lucy is a Deputy Director HealthTech Innovation at Novartis Foundation. She is a Computer Engineer from the German faculty program of the Technical University of Sofia & Technical University of Karlsruhe with an MSc magna cum laude degree in Communication Sciences from VUB-Brussels, and an Executive MBA with high honors from Solvay Business School in Brussels.

Stay up to date on the Armenian startup scene and the latest tech trends, get access to the Armenian-founded VC and Angel Investors, connect with peers. Join Our Community Today

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Links to the Founder &  MANATEE- MENTOR

Links to the Host & HyeTech Minds 

Subscribe to receive your Startup Monday newsletter in your inbox every Monday. Do not miss out on the latest tech trends, startup news, weekly VC overview, tech jobs, and many more...

According to the latest Gallup report, 51% of employees are disengaged in the workplace, while 13% are actively disengaged. Another Gallup report on employee engagement shows that companies with a highly engaged workforce have 21% higher profitability. They also have 17% higher productivity than companies with a disengaged workforce.

After a 24-hour hackathon, this Armenian startup came up with an effective technology solution that helps companies more engage with their employees. Founded in 2018, Lucky Carrot is an all-in-one employee engagement platform that enhances engagement, makes employees feel recognized, and brings a thank-you culture to the workplace. t allows employees to publicly appreciate one another for their great performance by sending virtual carrots that add up to meaningful rewards.

In his episode, Mariam Gyulumyan, Co-founder and CEO at Lucky Carrot joins HyeTech Minds to talk about her startup journey, challenges overcome on her road to success and Lucky Carrot’s mission to transform employees engagement. Mariam also shares her thoughts on the Armenian startup ecosystem and ways to expand that ecosystem.

Stay up to date on the Armenian startup scene and the latest tech trends, get access to the Armenian-founded VC and Angel Investors, connect with peers. Join Our Community Today

Subscribe to receive your Startup Monday newsletter in your inbox every Monday. Do not miss out on the latest tech trends, startup news, weekly VC overview, tech jobs, and many more...

"Using computer vision technologies for mobile applications is the future. And that definitely has a very huge potential to improve the performance of users to help them achieve their fitness goals. And certainly, home fitness training will be democratized in many ways."

In this episode, Aleksandr Simonyan, Founder and CEO of Immensus joins HyeTech Minds to talk about his startup journey and share his perspectives on how technology is changing the fitness industry and its impact on users fitness performance.

After doing boxing for more than 10 years, Aleksandr has developed a passion for data science.  Combining his two passions towards boxing and technology, he launched Immensus, an AI-based fitness application for different sports that uses computer vision to detect users’ movement, analyze mistakes and suggest ways of improvement.

Aleksandr's Bio: Aleksandr is the Founder and CEO of Immensus. Alexandre is a Machine Learning engineer and entrepreneur with strong expertise in data science, computer vision, product management, and innovation creation. Alexandre also gives lectures on the areas of Data Science, Machine Learning, Python Programming, at upgrade.

Links from the Founder and everything you ever wanted to know about Immensus

Website: https://stingle.org/ 

LinkedIn: https://www.linkedin.com/company/stingle/ 

Links to the Host, HyeTech Minds, and Startup Monday

Host Narine Emdjian LinkedIn & Twitter 

Website: https://hyetechminds.com/ 

Facebook: https://hyetechminds.com/  

Instagram: https://www.instagram.com/hyetechminds/  

Twitter: https://twitter.com/hyetechminds  

LinkedIn: https://www.linkedin.com/company/hyetechminds/  

Medium: https://hyetechminds.medium.com/ 

Subscribe to receive your Startup Monday newsletter in your inbox every Monday. Do not miss out on the latest tech trends, startup news, weekly VC overview, tech jobs, and many more...