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
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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

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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.

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