Hive Ventures
Hive Ventures is a venture capital investment firm established in 2014 and based in San Francisco, California. The firm focuses on investing in early-stage technology startups, particularly those led by Armenian entrepreneurs. Hive Ventures aims to foster the global Armenian tech ecosystem by partnering with startups worldwide, from Silicon Valley to Armenia. The firm provides not only financial backing but also operational guidance and access to a network of experienced talent and advisors, facilitating the growth of innovative companies. Additionally, Hive Ventures is committed to promoting entrepreneurship among emerging founders through various events and workshops, thereby supporting the next generation of innovators.
Bazillion Beings
Pre Seed Round in 2016
Bazillion Beings, founded in 2013 and based in Yerevan, Armenia, specializes in creating independent online life forms, known as Lifos, which are essentially bots designed to replace simple applications. These bots facilitate user interaction across the web, devices, and social media by curating content and providing various services such as daily digests, social updates, multiplayer gaming, and shopping. The company's Lifos utilize machine learning to adapt to different user demographics and micro-communities, enhancing their functionality over time. They are designed to self-monetize through subscription fees, advertisements, and commissions, with successful bots that exceed their operational costs being eligible for cloning and improvement. This innovative approach allows Bazillion Beings to offer a dynamic and personalized online experience while maximizing value for users, bot creators, and API providers.
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