HyeTech showcase brings 43 Armenian-led startups to Yerevan

28 October, 2021

The HyeTech Showcase is the first-ever startup networking conference of its kind held in Armenia. It brings together 43 cutting-edge startups with operations in 27 countries around the world. The HyeTech network, which was founded in 2011 in Silicon Valley, has grown into a powerful community of technology entrepreneurs, leveraging the strengths and expertise of Armenians around the world.

These technology startups, all founded or led by Armenian entrepreneurs, are meeting to find new solutions to the needs of the fast-growing technology sector in Armenia. Raising more than US $1.5 billion of direct investment, this funding is now being deployed on growth, expansion and hiring.

Additionally, these world-class companies have committed to building deep technology and valuable intellectual property in Armenia.

The Armenian tech ecosystem also sees a need for developing talent especially through investments in scientific research, including Machine Learning, Biotechnology and Space research. Deep technology drives disruption and is necessary to build the next set of successful technology ventures. Prime example of this is SkyRoot from India that is fueling Space technology and working with India’s Space Research Organization.

Pawan Chandana Kumar, Co-Founder and CEO at SkyRoot will be sharing his experience on building high growth, research-driven startups on the Keynote Panel of HyeTech Showcase 2021: Talent Matters. The panel also includes Vahe Kuzoyan, Co-Founder and President of ServiceTitan, and Tigran Sloyan, Co-Founder and CEO of CodeSignal.

Gituzh is also featured, which aims to promote greater investment into research and science across Armenia, and highlights the critical business need to create powerful connections for talent, IP exchange, innovation and disruptive technology development.