Sevan Startup Summit 2018

22 Jul 2018 - 29 Jul 2018
Sevan lake

Around 1000 entrepreneurs from around the world will take part, including 120 startup teams

Al Eisaian


Armenian-American entrepreneur, founder of IntelinAir

Manuk Hergnyan

Granatus Ventures

Co-founder and Managing Partner at Granatus Ventures

Artashes Vardanyan

Microsoft Innovation Center

Director of Microsoft Innovation Center

Karen Vardanyan

Union of Information Technology Enterprises

Executive director at Union of information technology enterprises


Online taxi order in Yerevan


Imagination-stirring 3D puzzle game

A2B transport

Transport routes search in Yerevan


The biggest mobile platform for learning programming


Chess board scanning and analyzing

Calculator (APPA)

Calculate APPA expenses


Math teaching online app

Be Armenian

Armenian-themed backgrounds and greeting cards in Armenian

Seedstars: Armenia can become the region’s AI capital

On September 23, Armenia hosted Seedstars Yerevan 2017. The winner startup Chessify will represent Armenia in the Seedstars World in Switzerland. talked with Seedstars Associate for CEE region Daria Golikova, who shared her impressions from the competition.

- Chessify won the Seedstars Yerevan 2017. What were the jury’s criteria for the winner?

- The criteria we use in Seedstars are actually all the same. Basically, we try to find startups that solve some big pains in the market, have traction and costumers.

There are a lot of talented developers in AI and machine learning in Armenia. Also, chess is a very Armenian thing. Chessify developed a product that is based on a really cool machine learning engine. When we were thinking who we see as the best to represent Armenia in Switzerland, the majority of juries said they saw Chessify also because of this very deep tech solution they have.

Narine Daneghyan and Daria Golikova

Narine Daneghyan and Daria Golikova
Image by: Mediamax

The runner-up Inapptics is also a good startup with AI.

Lots of European countries are leaders in chess and Chessify will have a good chance to make good connections, find good clients, influencers and investors in Switzerland.

 - Could we say that AI became the main trend in Seedstars World in recent years?

- A few years ago we changed our focus to more social impact focus, such as fintech, edutech, healthtech and agritech. AI can be used in each sphere.

AI is very trendy nowadays, and the bad side of this is that everybody is using AI as a buzzword everywhere, describing everything. You can’t understand what AI is there for in the given product without a tech background.

That’s why we pitch local juries in each country every time, so they know the background of the teams. In Armenia, the majority voted for Chessify and named it a very sophisticated AI/machine learning engine, which can revolutionize tech community.

- What would be your recommendations for Chessify on how to best represent Armenia in Seedstars World?

- Chessify will attend the region summit in December. It’s like the big rehearsal before the global contest. They will pitch for a large audience of 600 people during the regional contest.

My first recommendation is to create a fascinating story. It’s a basic thing - if you want to sell a product, create a story about it. That especially concerns Armenian startups with cool tech product. I would advise guys to prepare some cool stories and craft their pitch based on some human side story.

The second recommendation is for the regional and global summits: research and do your homework; find out beforehand who will be the startups, mentors, guests. Check out how you can benefit from meeting them. This is basic networking stuff. Network all the time, don’t stand in the corner.

There’s been a big improvement in quality of the startups in recent years. Still, there is a room for improvement regarding the pitches and sales.

Armenian startups are definitely improving year by year. And I was glad to see this year that in a small market like Armenia, where everybody knows everyone, there were startups that presented for the first time. Armenia has all the chances to become the AI capital of the region.

Narine Daneghyan talked to Daria Golikova 

submit to reddit


Dear visitors, You can place your opinion on the material using your Facebook account. Please, be polite and follow our simple rules: you are not allowed to make off - topic comments, place advertisements, use abusive and filthy language. The editorial staff reserves the right to moderate and delete comments in case of breach of the rules.