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Venture Capital
granatusventures.com

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Investments

25

Funds

2

Partners & Customers

1

About Granatus Ventures

Granatus Ventures is a venture capital firm providing investment, expertise and networks to startups worldwide that leverage Armenia's potential as an emerging technology hub.

Granatus Ventures Headquarter Location

37 Hanrapetutyan St.

Yerevan, 0010,

Armenia

+374 10 546436

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Latest Granatus Ventures News

Armenia’s Granatus Ventures to launch $40mn venture fund with UNDP

Apr 4, 2019

Armenia’s Granatus Ventures to launch $40mn venture fund with UNDP By bne IntelliNewsApril 3, 2019 Armenia-based tech venture capital firm Granatus Ventures is to launch a new fund with support from the UNDP, the two organisations said on April 1. Granatus Tech4SDG will have a target size of $40mn and will invest in technology-driven ventures that demonstrate strong potential for social and environmental impact. The geographic scope of the fund will not be limited to Armenia; a press release said investments would be “global”. “This initiative addresses the investment gap necessary to achieve the UN Sustainable Development Goals (SDGs) by 2030,” the statement said. The UNDP’s role will be that of “sustainability partner” for the fund, sharing best practices in impact management and the application of internationally accepted Environmental, Social and Governance (ESG) standards across the investment process. The UNDP will also provide financial support to structure the fund, and help in the fundraising process and in sourcing relevant deal flows across key markets. “The Granatus Tech4SDG Fund aims to leverage rapidly developing technologies and engineering talent to maximise the social and environmental impact and mitigate ESG risks of its investments,” said a statement on the release. Granatus Ventures became the first technology venture capital firm in Armenia when it launched in 2013. It currently manages a portfolio of 14 high-tech startups that have together attracted over $62mn from venture capital firms in Silicon Valley and Europe. Recent investments include Grovf , which develops technologies for databases, 2HZ which works with disruptive AI-powered voice processing technologies, and XCloud Networks, a specialist in intent-based networking. While Armenia’s high tech sector is relatively small, it is growing faster than the economy as a whole, and the government has been seeking to develop potential in this sector. Prime Minister Nikol Pashinian talked in October of a "new technological revolution” in the country, restoring the important technological and scientific role it held in the Soviet era. One of Yerevan’s plans is to set up a ministry of high technologies , according to the prime minister. To continue viewing our content you need to complete the registration process. Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system. If you have any questions please contact us at sales@intellinews.com Close Subscribe to bne IntelliNews website and magazine Sorry, but you have used all your free articles fro this month for bne IntelliNews. Subscribe to continue reading for only $119 per year. Your subscription includes:

Granatus Ventures Investments

25 Investments

Granatus Ventures has made 25 investments. Their latest investment was in cognaize as part of their Seed VC on November 11, 2021.

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Granatus Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/2/2021

Seed VC

cognaize

$2M

Yes

2

10/28/2019

Series A

2Hz

No

1

10/15/2019

Seed VC - III

SuperAnnotate

Yes

1

12/28/2018

Seed VC

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10

7/16/2018

Seed VC - II

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$99M

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10

Date

11/2/2021

10/28/2019

10/15/2019

12/28/2018

7/16/2018

Round

Seed VC

Series A

Seed VC - III

Seed VC

Seed VC - II

Company

cognaize

2Hz

SuperAnnotate

Subscribe to see more

Subscribe to see more

Amount

$2M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

1

1

10

10

Granatus Ventures Fund History

2 Fund Histories

Granatus Ventures has 2 funds, including Granatus Ventures Fund I CJSC.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2013

Granatus Ventures Fund I CJSC

Early-Stage Venture Capital

Open

$3M

1

Granatus Tech4SDG

10

Closing Date

12/31/2013

Fund

Granatus Ventures Fund I CJSC

Granatus Tech4SDG

Fund Type

Early-Stage Venture Capital

Status

Open

Amount

$3M

Sources

1

10

Granatus Ventures Partners & Customers

1 Partners and customers

Granatus Ventures has 1 strategic partners and customers. Granatus Ventures recently partnered with Develandoo on August 8, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

8/6/2019

Partner

Armenia

Develandoo and Granatus Ventures to unite efforts in boosting startups and empower Armeniaread more

In his turn Develandoo CEO Albert Stepanyan said he believes this joint partnership with Granatus Ventures will give a fresh start to the early-stage VC investments both inside and outside of Armenia .

1

Date

8/6/2019

Type

Partner

Business Partner

Country

Armenia

News Snippet

Develandoo and Granatus Ventures to unite efforts in boosting startups and empower Armeniaread more

In his turn Develandoo CEO Albert Stepanyan said he believes this joint partnership with Granatus Ventures will give a fresh start to the early-stage VC investments both inside and outside of Armenia .

Sources

1

Granatus Ventures Team

2 Team Members

Granatus Ventures has 2 team members, including current Managing Partner, Manuk Hergnyan.

Name

Work History

Title

Status

Yervand Sarkisyan

Accenture, and George Soros

Founder

Current

Manuk Hergnyan

Managing Partner

Current

Name

Yervand Sarkisyan

Manuk Hergnyan

Work History

Accenture, and George Soros

Title

Founder

Managing Partner

Status

Current

Current

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