Sourcefit Receives Strategic Investment
Sourcefit, a Quezon City, Philippines-based international business processing outsourcing (BPO) provider, closed a strategic investment with 9 Basil, NextGen Ventures, and Rocket Equities.
Armenia
Podcastle Raises $7M in Funding
Podcastle, a Yerevan, Armenia-based platform for podcast creators which helps them record, produce and publish their content, raised $7M in funding.
Sololearn Raises $24M in Series B Funding
Sololearn, a Yerevan, Armenia-based community-driven edtech platform provider, raised $24M in Series B funding.
Krisp Raises $9M in Series A Funding
Krisp, a Berkerey, CA-based AI-powered noise removal app that works with any conferencing, recording and podcasting service, raised $9m in Series A-1 funding.
Podcastle Raises $1.75M in Seed Funding
Podcastle, a Yerevan, Armenia-based company developing podcast creation tools for amateur and professional podcasters and a streaming platform for listeners, raised $1.75m in seed funding.
Aybuben Ventures Launches Fund for Armenian Entrepreneurs Worldwide
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 Raises $5.6M in Funding
SoloLearn, a Yerevan, Armenia- and San Francisco, CA-based global coding community, raised $5.6m in funding.
Screenful Secures €305k in Seed Funding
Screenful, a Helsinki, Finland-based SaaS company, raised €305k in seed funding.
Menu Group Raises $3M in Funding
Menu Group UK Ltd, a food delivery startup operating in Armenia, Georgia, and Belarus, raised $3m in funding.
EBRD Agrees $10M Loan to Byblos Bank to Support Private Businesses
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 […]
Armenia’s Ameriabank Receives $10M Loan from EBRD to Support Local Companies
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 […]
EBRD Provides $8M to ArmSwissBank to Supports SMEs in Armenia
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, […]
EIB Launches SME Loans for EU’s Eastern Neighbours
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 […]