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Seaside Startup Summit is aiming to rise US $10 million Series A round
21/11/2019 09:56

Seaside Startup Summit is aiming to rise US $10 million Series A round

The Founder of Seaside Startup Summit Hakob Hakobyan announces Series A investment round for over a period of 48 months, with a first tranche of US $2.5 million.

This will be one of the largest fundraising rounds for any event organization in the world, valuing Seaside Startup Summit at US $35 million. The company raised another US $2 million Seed round back in 2017, with only US $6 million valuation.

“This event is not just a regular conference, but a lifestyle. Our team is motivated to turn it even into a bigger platform and create a unique humanized deal-making tool for the next generations of entrepreneurs,” said the Founder of Seaside Startup Summit Hakob Hakobyan. “With this investment we are planning to make our presence more active in different locations of the world, reach to 5 annual events, and organize the first ever Sky Startup Summit”. 

During the previous 2 years company was able to turn into a global event and leading micro-acceleration platform with footprints in India and UAE. The next announced Seaside Startup Summit will be held in Armenia from July 26 till August 01, 2020 and will bring together around 1000 guests and 10000 participants from over 50 countries. However, Hakob Hakobyan revealed, that beside of Armenia, UAE, India and 10 other locations are in consideration.

Beeline Armenia - Telecommunication services for your business.
AMD Rates
10:50 06/12 Buy Sell
AMD / USD 490.00 495.00
AMD / EUR 554.00 559.00
AMD / RUR 6.66 6.78
dollars
dollars
CBA Rates
06/12/2021
USD / AMD
491.03
+1.04%
EUR / AMD
554.77
+1.33%
RUR / AMD
6.66
+0.01%
GBP / AMD
651.06
+0.11%
Cryptocurrencies
10:50 06/12
BTC/AMD
23,867,026
-14.05%
BTC/USD
48709.21
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ETH/USD
4145.97
-9.22%
BCH/USD
441.28
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XRP/USD
0.79
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152.50
-25.12%
ETH/BTC
0.08511679
+5.95%
BCH/BTC
0.00905955
-7.88%
XRP/BTC
0.00001626
-5.47%
LTC/BTC
0.00313081
-12.61%
CBA Metals
06/12/2021
dram / gram
Gold
27904.28
+99.28%
Silver
352.84
+0.04%
Platinum
14839.76
+62.94%
FOREX
11:10 04/12
EUR/USD
1.1282
-0.27%
GBP/USD
1.323
+0.00%
USD/JPY
113.09
+0.26%
EUR/GBP
0.8526
-0.26%
Oil
11:10 04/12
$ / barrel
Brent
69.88
-1.36%
Light Sweet
66.22
-2.23%
COMEX
11:10 04/12
$ / tr. oz
Gold
1783.90
+0.58%
Silver
22.45
+0.63%
Platinum
927.30
-0.77%
LME / 3M
11:10 04/12
$ / tonne
Aluminium
2629.00
-0.42%
Copper
9455.00
+0.36%
Nickel
20150.00
+0.60%
Tin
39500.00
+1.80%
Lead
2232.00
-2.53%
Zinc
3190.50
-0.76%
Molybdenum
44750.00
+0.00%
Cobalt
67050.00
+0.00%
Indexes
11:10 04/12
point
Dow Jones
34580.08
-0.17%
S&P 500
4538.43
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NASDAQ
15085.47
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7122.32
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6765.52
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26/03/2020
Refinancing
Refinancing Rate
7.25
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8.75
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5.75
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Macroeconomy
10/2021
CEA
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+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,848.2
+1.10%
Export 1
Export
2,410.6
+16.90%
Import 1
Import
4,126.6
+11.80%
CPI
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+6.90
Avg. Salary 2
Average salary
198,860
+6.70%
Services 3
Volume of services
1,525.5
+6.40%
Construction 3
Volume of construction
305.7
+5.90%
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