Stage FocusPre-Seed, Seed, Series A
GeographyEurope
TypeVC
Last Activity2026
Industry Focus
Industries
AIQuantumSpaceRoboticsMedtechHardware
Technical BenchStrong
Investor TypeGeneralist
ExposureSome DeepTech Investments
Bio
Formula VC was co-founded in 2021 by Grigor Hovhannisyan and Karen Vardanyan and is based in Yerevan, Armenia. Hovhannisyan previously founded Premier Integrated Technologies, a security and communications provider to enterprises and US government agencies, and founded BANA Angels, Armenia's first angel network, in 2017; Vardanyan spent around a decade in finance and banking at HSBC and co-founded...
Notable Investments
W
Wirestock1
10WebP
PreLaunchD
DocusR
RobinE
EmmaA
AqeelT
Ticket MonsterSimilar Funds
Inventure
Helsinki, Finland
GeneralistAIBiotechMobilityPre-SeedSeed
NC
Newfund Capital
Paris, France
GeneralistAINeurotechMedtechPre-SeedSeed
Octopus Ventures
London, United Kingdom
GeneralistAIRoboticsClimate TechPre-SeedSeed
Bharat Innovation Fund
Ahmedabad, India
DeepTech NativeAISemiconductorsRoboticsPre-SeedSeed
Elev8.vc
Singapore
Pure DeepTechAIMedtechRoboticsPre-SeedSeed
KV
Kima Ventures
Paris, France
GeneralistAIBiotechEnergy TechPre-SeedSeed