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

Raffi Krikorian

U.S. Democratic National Committee

Chief Technology Officer of the U.S. Democratic National Committee

Manuk Hergnyan

Granatus Ventures

Co-founder and Managing Partner at Granatus Ventures

Karen Vardanyan

Union of Information Technology Enterprises

Executive director at Union of information technology enterprises

Marina Mkhitaryan

Kolba Lab

UNDP/Kolba Innovations Lab Lead

Eye Care Plus

Check and practice to improve eyesight

Armenia Today

Get the latest Armenian news from different sources.


City events guide


Order services through an app and receive them with fixed prices at home


Online food shopping

Noble Run

Avoid the obstacles and survive as long as you can!


Virtual and Augmented reality


Online taxi order in Yerevan

Ruben Vardanyan invests in face recognition technology

Russian state-owned Rostec’s subsidiary RT - Business Development and Ruben Vardanyan’s New Dimension Fund Variable Capital Investment have purchased a share of NtechLab, a Russian developer of face recognition technology.

Representatives of the companies have informed Vedomosti newspaper about the deal.

RT - Business Development has purchased 12.5% of NtechLab and New Dimension Fund Variable Capital has bought 25%.

NtechLab was founded by web developer Artem Kuharenko and businessman Alexander Kabakov in 2015. The startup specializes in advanced methods in self-learning neural network to create face recognition algorithms.

Around 100 companies worldwide have launched pilot projects on installation of NtechLab technology, including those in Russia, Europe, USA and China.

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.