The startup scene in Armenia

EIF describes Engineering City as a public-private engineering and high-tech project in Armenia and lists hardware, communications, industrial IoT, and biomedical engineering among its focus areas. EIF says facility access is available to residents and other high-tech firms, and places Engineering City in Nor Norq, Yerevan. Current resident intake is not established by the cited information.

Historical reporting documents companies with Yerevan connections. Eurasianet reported in 2022 that Picsart was founded in 2011 and had headquarters in Yerevan and San Francisco at that time; it described Krisp as a Yerevan-based software company founded in 2017. EVN Report reported in 2022 that Los Angeles-based ServiceTitan and Disqo had Yerevan offices.

EIF’s 2026 Faculty Research Funding Program was advertised for applied research teams from universities, institutes, startups, and companies, with at least three team members aged 18 or older. EIF listed financing of up to AMD 4,235,000, inclusive of taxes, and a deadline of October 13, 2026, at 23:59 Yerevan time. The cited information does not establish whether applications are currently open.

Granatus Ventures describes seed and follow-on investments in startups worldwide whose core value-adding activity is in Armenia. Its cited page does not state that a fund is currently open.