Armenian start-up OnQuark to showcase its product in Latvia

Arka News Agency, Armenia


YEREVAN, June 28. /ARKA/. Armenian start-up OnQuark, which is a customs service solutions provider, will travel to Riga, Latvia, early in 2018 to participate in Techchill. 

The Microsoft Innovation Center in Armenia said today that in Riga the startup will meet with professional mentors, as well as present its product to investors from the Balkan and European countries.
Another Armenian startup LifeBoard, which developed a multifunctional interactive blackboard, earned admission to Startup Wise Guys accelerator’s selection in Latvia.

Wise Guys Investments OÜ (Wise Guys) is an investment company founded by private Estonian investors together with VC fund SmartCap in 2012. The core activity of Wise Guys is to invest in early stage technology companies. To enhance the investment potential, it runs accelerator program called Startup Wise Guys. 

The Microsoft Innovation Center in Armenia said also that interest in the Armenian start-ups in Europe and the US is high with many investors and accelerators trying to get acquainted with their products during various events.

On June 27, the Microsoft Innovation Center hosted Investor and Mentorship Day for start-ups at the initial stage of development.  The event was organized by Startup Wise Guys accelerator (Estonia), Paris-based StartDoon investment initiative, and Microsoft Innovation Center with support from smartgate.vc and Inapptics. Their representatives worked throughout the day with 13 selected startups. -0-