35 Investors from 12 Countries Participated in the Investor Tour Organized as Part of WCIT2024/DigiTec

For the first time in Armenia, an Investor Tour was organized as part of the World Congress on Innovation and Technology (WCIT2024/DigiTec). Thirty-five investors from 12 countries traveled to Armenia to take part in the event, which was designed to showcase Armenian startups, companies, and investment opportunities.

Organized in collaboration with BANA Angels, this large-scale initiative was a great success, providing Armenian startups with a unique opportunity to discover new sources of financing and access new markets. Visiting international investors had the opportunity to attend WCIT2024/DigiTec, explore the conference venue, and gain first-hand insight into Armenia’s dynamic startup ecosystem.

“WCIT2024/DigiTec, DigiTec Expo, and similar events create opportunities to showcase local technological and innovative potential to international investors. Through our collaboration with BANA Angels, we were able to bring investors and startups together, present the Armenian startup ecosystem and its development, establish promising connections, and initiate new projects. I am convinced that such investor tours should be organized regularly and maintained at the same high standard to support the future development of the ecosystem,” said Sargis Karapetyan, CEO of the Union of Advanced Technology Enterprises (UATE).

The investors also had the opportunity to visit several Armenian unicorn startups, engage with entrepreneurs, and explore the innovative projects driving the region’s growth. “We are delighted that, in such a short period of time, we have generated significant interest among our international partners, who are eager to visit Armenia, explore the local startup ecosystem, and establish new connections. The Investor Tour was a great success and took place in a highly productive atmosphere. We already have concrete interest in expanding cooperation in several areas, and we are actively working toward that goal,” said Sona Veziryan, Director of BANA Angels.

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