According to a report by industry grouping IVCA and EY, investments into startups by venture capital funds have halved to $1.6 billion across 82 deals in the month under review – which resulted in pulling down of the overall number. On the other hand, the report highlighted that in April this year, investments classified as those for ‘growth’ recorded a three-fold jump from the year-ago period to $ 2.8 billion.
The global biotechnology services market is expected to grow from $129.14 billion in 2021 to $151.10 billion in 2022 at a compound annual growth rate (CAGR) of 17.0%. The growth in the market is mainly due to companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The north American digital health market is touted to reach a valuation of USD 261 billion by 2027. The adoption of IT solutions in healthcare, and the demand for advanced treatments is increasing among patients which are creating a positive industry outlook. Also, the high prevalence of chronic diseases like diabetes and heart diseases, increasing incidence of obesity, surging demand for remote patient monitoring services, and growing patient engagement & connectivity are aiding the industry growth.
SeaX Ventures (Southeast Asia Exponential Ventures), with operations in the US & Thailand, has announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia.
I’ve launched the HyeTech Minds podcast more than a year ago when a pandemic hit the world with the ultimate goal to introduce Armenian innovators and founders to the world. From Silicon Valley to Boston, from Yerevan to Paris, I’ve hosted 25+ technology leaders, founders, entrepreneurs, innovators, and tech professionals behind some of the most successful and innovative companies and startups in the world.
Interview with Karen Vardanyan, Partner at Formula VC, Fund Manager at Sprint Crowdfunders’ Fund Episode 36 Did you know that only 0.1% of the campaigns of total campaigns on Kickstarter have raised more than $1 million dollars? In this episode, Karen Vardanyan, Manager at Sprint Crowdfunders’ Fund joins HyeTech Minds to talk about some ofContinue reading “First-Time Crowdfunding? Here’s What You Need to Know”
In this episode, Hrant Davtyan, Founder, and CEO at Pinsight joins HyeTech Minds to talk about his startup journey. Hrant also shares his thoughts on the importance of AI and Data in the decision-making process. Talks about the challenges and opportunities for Armenian startups to expand AI development.
In this episode, Lucy Setian, Founder of ManateeMentor joins HyeTech Minds to talk about the importance of the 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.
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.
After doing boxing for more than 10 years, Aleksandr has developed a passion towards data science. Combining his two passions towards boxing and technology, he launched Immensus, an an AI-based fitness application for different sports that uses computer vision to detect users’ movement, analyze mistakes and suggest ways of improvement.