14:07 | 02.08.24 | News | 5881

Triple S Ventures VC celebrates its two-year anniversary

Triple S Ventures VC, an early stage venture capital fund, is thrilled to celebrate its two-year anniversary.

Since its inception in 2022, Triple S Ventures has successfully invested in 12 groundbreaking companies across diverse sectors, including AI, BioTech, HealthTech, Quantum Computing, Cloud Computing, and Sustainability Technology. These strategic investments span the United States, Armenia, the United Kingdom, and Europe, reflecting the fund's global reach and commitment to fostering innovation.

Over the past two years, Triple S Ventures has committed approximately $2 million in funding to visionary startups, which collectively have raised over $20 million. This achievement underscores the fund's role as a catalyst for growth, empowering entrepreneurs to drive technological advancement and create meaningful impact.

Founded by Artur Janibekyan, Hakob Hakobyan, and Avag Simonyan, Triple S Ventures was established with a clear mission to identify, invest in, and support visionary entrepreneurs who are creating disruptive technologies with the potential to change the world for the better. The fund is guided by core values of building lasting relationships with portfolio founders and creating a tangible value add for their companies.

"At Triple S Ventures, we believe in the power of innovation to change the world," said Avag Simonyan. "Our goal is to empower visionary entrepreneurs with the resources and support they need to bring their ideas to life. We are proud of the impact our portfolio companies are making across various sectors, and we look forward to continuing our journey of innovation and growth."

In addition to its global impact, Triple S Ventures plays a vital role in the Armenian startup ecosystem. By investing in local startups and fostering an environment of collaboration and innovation, the fund has helped elevate Armenia as a hub for technological advancement and entrepreneurship.