Armenian VC fund is here to have its input in SoCal's tech ecosystem

GLENDALE, Calif. - Aug. 9, 2022 - PRLog -- From the world's first seaside startup summit to a global venture fund. A prominent entertainment executive, philanthropist, and entrepreneur Artur Janibekyan, along with the co-founders of "Seaside Startup Summit" - Hakob Hakobyan and Avag Simonyan, have founded an international Venture Capital firm called Triple S Ventures, that is here to explore new tech opportunities and help boost SoCal's startup ecosystem.

Triple S has decided to engage more actively in this market, assessing the South Californian startup ecosystem as more attractive for more targeted investments. Triple S targets startups in the Pre-seed or Seed stage and plans to focus its investments across AI, Blockchain technology, SaaS Platforms, Creator economy, and Fintech. This is a great opportunity for LA based pre-seed and seed stage startups to get mentorship and funding from industry experts. Ticket size is up to $250k.

The founder of Triple S Ventures Artur Janibekyan has invested in over 15 startups and has a big interest in the development of the innovative startup culture.

"There is great potential not only in Armenia but also among Armenian youth that is spread around the world. We aim to find these striking minds and help them with funds and our network of professionals. Triple S is a structure that will be their guiding hand in the entrepreneurship world." - said General Partner Artur Janibekyan.

"We have been organizing large-scale startup events annually, including the Seaside Startup Summit. Local venture funds, angel investors, and international accelerating programs have used these events for many years as a source to haunt startuppers." - said GP Hakob Hakobyan.

"We believe that with the hyperactive drive seen across the startup ecosystem in the last 5 years, it is important for established startup players to take the lead in paving the way towards capacity building for the new startups. We are confident that our investments will boost SoCal's Tech Ecosystem." - said the managing partner Avag Simonyan

"We brought together successful LPs in the fund, who are also a network of internationally qualified and experienced field gurus. At TripleS ventures, we want promising ideas to ride on the skills, knowledge, and expertise that we have built over the years, thus empowering them to grow at an accelerated pace," said the venture partner Zareh Baghdasarian.

Triple S has already launched in Armenia. Starting from SoCal, the fund has set goals to expand its geographical targets soon, by expanding to North California. Ultimately, it aims to provide expertise internationally by expanding to the following markets: EEU, US & the UK. The founders are planning to have larger funds in the future and are open to new partnerships and collaborations.

The official website of the fund is https://triples.vc/en