Press Release: Silicon Valley Innovators Return to Armenia

SILICON VALLEY INNOVATORS
HEAD BACK TO ARMENIA

Top Silicon Valley leaders
and VCs Participate in 5^th Annual Tech Summit

San Francisco, CA — HIVE Ventures, the
leading venture fund focused on investing in Armenian entrepreneurs, is hosting
its fifth annual HIVE Tech Summit in Yerevan, Armenia on
Saturday, October 5, 2019 at The American University of Armenia.

 HIVE Ventures provides Armenian
startups with investment, mentorship, and access to Silicon Valley resources
and network while serving as an important bridge between Armenia and Silicon
Valley.  In addition, HIVE helps US-based
companies open offices in Armenia.  

To date, HIVE has invested in over
40 startups across the US and Armenia, including ServiceTitan, Gecko Robotics and ShopMonkey. HIVE has
co-invested with leading venture capital funds including Y Combinator, Iconiq Capital,
Bessemer Venture Partners, Founders Fund, Intel Capital and Amazon.   

The HIVE Tech Summit will
include 1:1 meetings with startups and investors, and panels and presentations
from some of the most successful Silicon Valley entrepreneurs and investors.
There will also be a pitch competition with the winning startup receiving $25k
investment through HIVE.

The event will feature speakers
from many of the top VC funds and technology companies including Kleiner Perkins, Google, NextPlay Capital, Square,
Chime, Netflix, Kapor Capital, ServiceTitan, Nova Credit, UpWest Labs, Spark
Capital and more.

“When HIVE began, there were
only a handful of investable startups but now, thanks to capital and access to
mentorship, there are thousands,” states Nina Achadjian,
Partner with HIVE Ventures. “It’s been inspiring to watch the Armenian
entrepreneurial scene grow tremendously over the last few years. And the beauty
of it is that we are just beginning!”  

HIVE Ventures is based in San
Francisco and Yerevan and is backed by the Hirair & Anna Hovnanian
Foundation and run by Partner Nina Achadjian.

For
more information about the Tech Summit, go to www.hiveventures.co.