11:03 | 10.12.18 | News | exclusive 5590

D'efekt to represent Armenia in Seedstars regional event

The winner of the Armenian national stage of Seedstars D'efekt will participate in the regional stage of the international contest on December 12-14, Kiev.

Seedstars shared the information with Itel.am.

D'efekt is a startup that enables users to make and share a variety of videos and visual materials with AI-based special effects.

Seedstars informed that the event sums up 2018 in the region and is aimed at gathering 12 startups from national stages.

It is worth noting that the national winners will participate in the global stage of the contest in Switzerland in 2019. The winners of the international competition will have the opportunity to pitch to potential investors and partners and compete for the prize of USD 1 million.

The national final of the competition was held on September 29. 10 startups participated, trying to solve problems relevant in the region and develop lucrative products for the global market.

Let us remind that Chessify won the national stage of Seedstars in 2017. Earlyone took the first prize in 2016. The year before, EyeCare finished first in the national stage and proceeded to make top ten in Seedstars World. SoloLearn, the 2013 national stage winner, reached the top three.