Hive Ventures
Hive Ventures is a venture capital investment firm established in 2014 and based in San Francisco, California. The firm focuses on investing in early-stage technology startups, particularly those led by Armenian entrepreneurs. Hive Ventures aims to foster the global Armenian tech ecosystem by partnering with startups worldwide, from Silicon Valley to Armenia. The firm provides not only financial backing but also operational guidance and access to a network of experienced talent and advisors, facilitating the growth of innovative companies. Additionally, Hive Ventures is committed to promoting entrepreneurship among emerging founders through various events and workshops, thereby supporting the next generation of innovators.
Top Stages
Past deals in Armenia
Bazillion Beings
Pre Seed Round in 2016
Bazillion Beings, established in 2013 and headquartered in Yerevan, Armenia, specializes in creating independent, user-interactive AI bots called Lifos. These Lifos mimic simple applications, engaging users on various platforms such as web, devices, and social media. They curate online content, provide news digests, facilitate multiplayer games, shop online, and perform other tasks based on user preferences. The company's unique approach involves allowing these bots to self-monetize through subscription fees, ads, and commissions, with successful bots being cloned and improved upon for better performance. Bazillion Beings employs machine learning to adapt its bot population to different micro-communities and demographics, maximizing value for users, creators, and API providers.
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