Aybuben Ventures, a Pan-Armenian venture capital fund dedicated to Armenian tech entrepreneurs from all over the world, launched with an initial $50m fund.
SoloLearn, a Yerevan, Armenia- and San Francisco, CA-based global coding community, raised $5.6m in funding.
Screenful, a Helsinki, Finland-based SaaS company, raised €305k in seed funding.
Menu Group UK Ltd, a food delivery startup operating in Armenia, Georgia, and Belarus, raised $3m in funding.
The European Bank for Reconstruction and Development (EBRD) agreed a $10m financing facility to Byblos Bank Armenia to support private businesses across the country. The financing package includes two elements: – a synthetic loan in Armenian Dram (AMD) for an amount equivalent to up to $5m, which will be used to finance investments and working […]
The European Bank for Reconstruction and Development (EBRD) is increasing the availability of financing in the Armenia’s real economy sector with a $10m loan to Ameriabank for on lending to local companies under its Medium Sized Co-financing Facility (MCFF). Ameriabank, which is supporting the project with up to $10m from its own resources, will be […]
The European Bank for Reconstruction and Development (EBRD) has provided $8m to ArmSwissBank to supports private businesses in Armenia. The EBRD is increasing the availability of financing with a $5m credit line and a $3m trade finance facility to ArmSwissBank for small and medium companies (SMEs). Established in 2004, ArmSwissBank is a growing financial institution, […]
The European Investment Bank (EIB), the bank of the European Union, is launching a lending facility via other financial institutions for small and medium-sized enterprises (SMEs) in the EU’s eastern neighbours. The new facility will enable EIB to support – via partner banks in the region – investments by SMEs and energy and environmental projects […]