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Renewable EnergyRenewable Energy
< 48 000 000֏
$100,000 - $700,000
48 000 000֏ - 336 000 000֏
$700,000 - $3,000,000
336 000 000֏ - 1 440 000 000֏
> 1 440 000 000֏
Vayots DzorVayots Dzor
0% - 100%
Vine Cliff Hotel in Areni
Within the period 2008-2019, the number of tourists visiting Armenia has increased 3 times from 575.000 people to 1.932.000 people. Being a cradle of winemaking, Armenia has become a leading destination for wine tourism. The latter trend has become trendy, especially within 5 years when the Irish expedition in Areni, South of Armenia discovered the earliest known winery dating back to 6000 BC. With this in mind and given limited hospitality infrastructure in the area, the owners of the company has embarked on building a VineCliff Boutique Hub in Areni. The 700 sq.m. land plot has already been acquired and cleared of all existing structures, all the corresponding construction permits are secured from the local authority. The Hub will consist of an eleven-room 3-star hotel with a restaurant (The Vine Cliff Hotel) and a wine tasting facility. The four-floor building will have on its Level 1 storage, spa, and sauna coupled with the steam room. Levels 1 and 2 will also cover the 11 guest rooms, Level 4 – a rooftop bar. The hub will invite its guests to discover and experience Areni and its surroundings - its land, nature, history, viticulture and winemaking combined with additional tourist services. The hub will cater primarily to enotourists, both local and international, who will be offered a range of services such as dining, wine tastings, and various tours of the surrounding area. The hub, given its location, the wine making credentials, and the increasing importance of ecotourism, coupled with the multiple revenue streams will deliver a competitive ROI.
191 565 000֏
WeGo - The First Carsharing in Yerevan
WeGo is the first car sharing in Yerevan. The planned car park will be more than 25 cars of different models, monthly it is planned to expand the car park by 15 cars/month. The goal of the project is a unified car-sharing service in Yerevan, with a recognizable style and visual design. The project advisors are the top managers of Yandex.Drive, Delimobil, Urent.
150 500 000֏
Motsak Military Drones Manufacturing in Armenia
Global spending on unmanned aerial vehicles is poised for a major expansion in the coming decade as militaries invest about $98 billion in new intelligence gathering and strike capabilities. Given the rise in territorial disputes in the world and the increase of military budgets even amid and post-COVID19, the demand for UAVs is rising exponentially. Additionally, Armenia’s strategy to reform its defense system with a primary focus on drones manufacturing, makes it essential to have in-house drone manufacturing. Motsak strike drone is the semi-automatic weapon of the third generation, where the operator only needs to indicate the coordinates of the target. A simple, relatively inexpensive, effective weapon that can be used in various types of forces. Hand-launching and small dimensions make it possible to launch from the ground, from a shelter, from moving and stationary objects, even for soldiers who have not undergone special training. Ready and start-up in 1 minute. One soldier can launch many drones alone where the third party is unable to determine the start point. There are two versions of the model. Both models are made of composite radio-transparent materials and, due to their small dimensions, are difficult to detect by radars. Amongst the advantages of Motsak are relatively low cost of manufacturing, autonomous mission execution after launch doesn't depend on the launch site, and many more.
688 000 000֏
Motsak Drone Manufacturing LLC
HiCare Cardio - Your Digital Clinic Everywhere
Care Technologies is raising a seed round and is currently offering investment in its growing SaaS AI platform (named HiCare Cardio) which is an implementation of an intelligent IoT ecosystem to provide efficient AI-supported interventions to patients with cardiovascular diseases, and effective interaction with their clinicians, in the context of home care management. The healthcare industry is facing an aging population, an increase of chronic diseases and a higher demand for cost-effective ways to provide qualitative care. HiCare Cardio addresses industry challenges by bringing a smart integrated solution that consists of the following components: 1) Third-party cardiac patches, 2) Mobile application that uploads vital signs and real-time symptoms from patch and third-party devices to the cloud. 3) Cloud platform includes deep learning algorithms for arrhythmia,respiratory rate detection and provides multi-format data transformation for ingestion into clinical systems. 4) Multidata consolidation provides integrated data formatting and transformation for clinical systems integration. Digital health has become the cornerstone in their strategies to meet the healthcare challenges of the 21st century and beyond. They are going after a huge, mostly untapped market for this type of application. Why Invest in Care Technologies? a) Flexible IP protected platform to be integrated with a wide range of IOT-devices and healthcare systems, b) Experienced, Driven, Passionate team, c) Strategic healthcare partners, d) Huge $121B specific addressable market, e) Disrupted healthcare ecosystem which is moving towards personalization and the patient’s home, f) Accelerated adoption and embracing of new technologies in a COVID-19 world. Today, HiCare is well positioned to capitalize on the shift towards remote care management that is being accelerated by COVID. Technologies enable patients to carry out normal activities in their home environment with limited disruption related to the management of their chronic disease. Uniquely, Care Technologies developed its solution collaboratively with its partners and industry, gaining a keen understanding of this large, growing, and underserved market. This investment will enable the team to pour more fuel into product development, clinical trials and marketing/sales to use market potential opportunities in the full scale.
645 000 000֏
Care Technologies LLC
Metal Rolling Factory Establishment in Shirak
The Metal Rolling Factory will be established in Getk village of Shirak's region. The plant will have a big contribution to promoting and developing heavy manufacturing in the region. The main products the company plans to produce are metal rolled strips, rolled squares, wire rods, and fittings for reinforcement. For meeting the high standards, some of the employees have already been trained by Italian and Syrian specialists. The company will initially sell its products in the local market, with the vision of exporting its products in the future. Part of the capital expenses is already carried out by the owner of the project. The necessary investments are intended to be used for purchasing a workshop, the rest of the equipment, and covering operational costs of the first quarter.
90 300 000֏
Heltun Smart Home Devices Manufacturing
The smart systems market has been growing globally for the past decade, it is projected that there will be 389M households with smart systems globally in 2025, and the total spending amounting to $175bln. The companies operating in the Smart Home market (hotels and property managers, smart home integrators, telecom operators) are predicted to account for $90bln of total market in 2027, while 40% of new single-family and construction in the US will include smart home systems as a standard by 2025. Having started manufacturing in 2020 November, Heltun has recorded an unprecedented growth within 2 years: contracts with 72 distributors covering 25 countries, 3 patents pending in the US, 5 patents in the filing process, 600K sales within 10 months. Heltun develops and produces premium quality Smart Home (IoT) devices which are well designed, have rich functionality and can be easily installed and managed by users without technical skills. Its main advantage is that Heltun enables people to easily manage smart home devices from different brands. Heltun offers a unique software solution that manages all user’s connected devices regardless of technology - creating powerful intelligent experiences and enhancing home comfort. With seed investment of $1mln., the company is looking for investments to expand its production given the high volume of contracts at hand.
107 500 000֏
Heltun Solutions LLC
L’avenue - Riverside Resort for Events & Active Leisure
L’avenue is going to offer a high-class service and facilities that will impress its guests and turn their most important events into warmly memorable and positive moments for the rest of their lives. The resort will become an outstanding riverside resort area in 15min drive from Vanadzor. L’avenue will focus on offering family leisure facilities including a large swimming pool, accommodation, sports courts (tennis, volleyball, and basketball), a large event zone ready to host gatherings, e.g. weddings, with up to 500 people, and a corresponding parking lot to effectively receive cars, buses, and vans. The resort will be located on a 3ha land plot alongside with Debed River flowing from the West, and will be adjacent to the M6 highway but is not visible from the road due to the forest and steep slope. The area is easily accessible from the highway, however, the road leading to it needs to be widened and rebuilt to provide proper access for vans and buses. The entire construction process will last 1 year.
645 000 000֏
Grand Lori LLC
Trudent - Dental Clinic Management System
According to Transparency Market Research’s latest report on the global dental practice management software market for the historical period 2019-2022 and forecast period 2023-2029, value-added features in dental practice management software, software integration, and an increase in dental visits are projected to drive the global dental practice management software market during the forecast period. Hence, the business case for the development of Trudent. Trudent is a dental clinic management system, which helps to fully automate all aspects of documentation management. It allows to carry out patient registration and has employee, calendar, and warehouse sections. Trudent’s main advantage over its competitors is the fact that it runs entirely on the cloud. While competitors require dedicated PCs, maintenance, antivirus installation etc., the Trudent is acting fully on the cloud, allowing its clients to access services from every point on the globe without any software installation. In addition, Trudent has a responsive design. So, no matter what device you own, mobile, tablet, or desktop, you will find its UI attractive and useful. Trudent offers a straightforward subscription mechanism based on the client’s needs, its team size and offers flexible plans for each target group. Other than its main services, Trudent also offers a combination of useful modules, such as employees management, warehouse management, thorough cash flow reports/analysis, and flexible configuration over its features. At the moment, NPV of Trudent has been developed and tested. The company is looking for an investor to advance to phase 2 where they plan to include AI and machine learning to enhance Data Analysis and offer even more productive tools with its services.
176 300 000֏
REVIVAL Film Project
Revival is the fourth full-length film by famous Armenian film director Jivan Avetisyan, which will be shot in Artsakh, Israel, Iceland and France. The completion of the film is scheduled for 2024. Synopsis of the movie: One woman’s secret forces three destinies to intertwine when a young robotics student living in France is determined to root out the truth of his father’s wartime death in Armenia, his girlfriend, a young Frenchwoman sets out to reunite with her estranged volcanologist father in Iceland to trace her indigenous Canadian roots. His esteemed French professor, a descendent of a Holocaust survivor, reclaims his abandoned Jewish roots in Israel in search of the meaning of life. Along the way, the hardships they face force them to make sacrifices that bring them closer to their true identities. Scriptwriters: Narine Voskanyan (Armenia), Monique Peterson (USA); Producers: Masis Baghdasaryan (Armenia), Jivan Avetisyan (Armenia), Kestutis Drazdauskas (Lithuania), Adrineh Mirzayan (USA); Creative Consultant: Viken Attarian (Canada); Script Consultants: Zaven Boyajyan (Armenia), Jan Wagner (Germany). More details, including an investment pitch deck, can be provided upon request.
43 000 000֏
LifeTree Pictures LLC
Lalunz Textile Factory Expansion
Lalunz Factory sales have been exponentially growing over the past 3 years both in volume and monetary terms. As compared to 2019, when only 3000 units were sold out, in 2021 the company managed to sell 21000 units of its products, with 60% accounting for Lalunz Babies’ Garments and 40% for corporate orders. As such, the sales volume has increased 7 fold, while the number of employers has increased from 10 in 2019 to 28 in 2021, implying an additional increase in the labor productivity over the 3 year-span. With continuous orders both in Armenia and Russia, the business case has been developed to expand factory’s current capacity. In the scope of the expansion, it is planned to acquire a new production area, increase the range of raw materials import with new large storage, supplement its ongoing store chains with 2 more and introduce an export-oriented production system.
146 200 000֏
Tonir Armenian Wedding Village
The global wedding industry is estimated at $300 billion . Outgoing weddings are considered one of the main attractions of tourism in a number of countries such as Italy, Croatia, as well as exotic destinations as Marrakech, Indonesia, India etc. Tonir LLC research shows that at least 400-600 Diaspora Armenian and foreign couples prefer to have their wedding in Armenia every year. And while outgoing weddings are organized in Armenia by more than 12 wedding planning agencies, Tonir is the only one specializing in the traditional weddings with professional ethnographers involved. Given the rising demand, the company has decided to settle a stationary point for wedding organization in the picturesque Vaghatin village which is surrounded by mountains covered in lush forests. The project of the Toneer Wedding Village aims to create an ethno-themed wedding village which will include the bride and groom house, the feast castle, blacksmith's hut, carpenter's hut, the entertainment area and many more. The land for the wedding village has already been identified and preliminary works on the purchase have been launched. The venue will consist of cottages (1050 sq.m), the castle including indoor venue (3000 sq.m), and an open air feast venue (5000 sq.m). The village will be able to host 70-130 weddings per year.
1 169 987 000֏
Tonir Wedding Village LLC
Riverside Entertainment Business Sale
Riverside Entertainment Center has been established in 2020 and comprises of drive-in cinema, cocktail bar, and open-air events venue. It's situated on the bank of the Hrazdan River next to the Meridian Free Economic Zone area in Yerevan. The territory is equipped with a large-sized movie screen, digital systems for screenings, separated areas for cars that are used to watch the movies, a security system, lighting, sound support, etc. The Drive-in cinema also possesses the booking webpage, as well as preliminary license contracts to screen newly premiered movies. The owners are set to fully sell the operational business and pass 100% ownership to the interested investors. The territory can be transformed into a larger entertainment zone with cafes, DJ jam sessions, etc.
53 750 000֏
Honey-based Eco Products Manufacturing
The Company is set to organize honey production for processing. The product line will be diverse and consist of honey wine, honey whiskey, honey champagne, white and chocolate honey, lollipops, and honey ice cream. All of the honey products will be produced by using bee pollen and royal jelly. The factory will be located in the Tavush region in a building that once used to serve as military units or barracks. The building is subject to reconstruction in order to be ready for use by the Company. The area of the factory is 671 square meters. Electricity, water supply, drainage, and communication infrastructures are all available around the factory. A preliminary agreement to purchase all the necessary equipment from Karjiani Labelling Filling & Packaging company has been reached. The overall monthly production capacity of Shamshadin Eco Meat is 214,080 units and the total annual capacity is 1,284,480 units. The monthly production capacity of the Company’s alcoholic beverages is 7,920 bottles for each product type. Honey lollipops yield the highest production volumes at 120,000 units per month. The annual quantities have been calculated based on the 6 months production cycle of the Company. Overall, almost 70% of the total annual production yield of the Company is attributed to alcoholic beverage production.
292 937 500֏
Shamshadin Eco Meat P/C
UNIVER - Business and IT Hub in Vanadzor
Grand Lori wants to make Vanadzor the next Investment Destination in Armenia. UNIVER Business and IT Hub is going to be a multifunctional and multipurpose business center with a focus on hosting IT companies and building an ecosystem that will comprise office spaces, coworking areas, conference and training venues, a gym, rooftop café & Restaurant, as well as hotel rooms. UNIVER aims at becoming the leading Business and IT Hub in Vanadzor offering full-scale infrastructure, which will drive the development of the sector and positively impact the environment it operates. It will also act as a tourist attraction with its fascinating refreshed look and panoramic views from the rooftop placed in an industrial modernism-style building. At the office space, 7 companies can be located. A hotel with 12 rooms will be available for up to 30 guests, a Café located on the rooftop will have a capacity to host up to 520 customers, and a gym with 350sqm space will serve both external users and hotel guests with employees of tenant companies. On the first floor will locate Conference Hall and Training areas for local and international companies and organizations, and the coworking will boost the culture of forming different communities in Vanadzor. Attracted investments will be used for the purchase of the property, as well as the construction, renovation, furnishing, and other infrastructure improvements. After the fund is raised, the UNIVER Business and It Hub will be ready for exploitation in 8 months.
1 763 000 000֏
Grand Lori LLC
Distrikt Sustainable IT Hub in Gyumri
The Distrikt has already had a significant impact on the City of Gyumri, generating notable economic output, supporting jobs in the IT sector, and will contribute large amounts of labor income across different industries furthermore planning to expand by creating Distrikt Sustainable IT Hub in the city. In order to continue this growth, the company will be making a massive investment in people, education, technology research, infrastructure, agriculture, and the development of Gyumri plus the Shirak region. The Distrikt Sustainable IT Hub will be located in the former 7th fortified region in Gyumri in the place of an abandoned military unit covering 21 ha of territories. The company has adopted United Nations' SDGs as a core pillar of the business model and has set an ambitious goal –plus become the 1st fully SDG compliant community in the world. The project’s future development and modernization comprise over 50 IT start-ups, an artisan center & manufacturing studios, retail stores and apartments, green areas and farming center, visitor serving amenities and facilities, and many more. The Distrikt will create 500-800 permanent jobs in the IT sector, retail, and hospitality industry. It expects to host annually up to 10,000 tourists, digital nomads, as well as more than 20 IT-oriented events & festivals. The overall project development cost is estimated at $20,000,000 for both land/infrastructure and entrepreneurial startups. The initial stage will cover investments of $2,000,000 and cover a 5-year-plan, including but not limited to the infrastructure development, planting of 15,000 trees, a dozen buildings for IT start-ups, a main co-working facility, a creativity center for art & design, a collaboration workshop for light industrial production, office rentals, 5 greenhouses, restaurants, cafes, entertainment venues and much more.
860 000 000֏
Distrikt Development CJSC
Ardvi Freelancers' Hub
Ardvi Freelancers' Hub will be located in the Ardvi village, Lori Province of Armenia. Being in the heart of breath-taking landscapes the Hub will be built on 20,000 square meters of owned land with available area for further development and scale-up of nearly 50,000 square meters. It will include 20 isolated “bunker-like” apartments equipped with all needed comforts in the home-away-from-home concept. The sizes of the units will vary between 35 to 40 sqm, having a unique interior design and placement. The main building of the Hub includes several functional units. The first floor is designed for the Restaurant with its kitchen and storage facilities, wine bar, artisan crafts shop and other minor structures. In the second floor the spa area will be situated. Ardvi Freelancers' Hub will also have a separate open camping ground offering secure camping possibility for visitors as well as providing tents and other camping amenities for rent. Additionally, it will provide an open-space discussion platform for corporate meetings, an event area in the main facility and a small boutique with local souvenirs and art crafts. The main facility of the resort will be designed appropriately to host different venues, events and concerts. The fusion of all those elements, makes the Hub a perfect place for freelancers who are seeking eco food at affordable prices, coupled with fast internet and picturesque landscapes. Armenia has become a trendy tourist destination in the past decade given its rich historical heritage on one hand and affordability on the other hand. The number of tourists visiting the country is constantly growing at the pace of 15% on average. Within the period of 2008-2019, the number of tourists visiting Armenia has increased 3 times from 575.000 people to 1.932.000 people. Geographic composition of tourists in Armenia cover EU Countries – 25.8%, Russia – 21.7%, Iran – 17% and the United States of America – 13.6%. Moreover, with newly opened low cost destinations to European countries starting as low as 40 EUR, Armenia has become a full package deal for many travellers.
445 050 000֏
Eco Cars Charging Stations Expansion
The EcoCars company has been installing charging stations for electric vehicles in Armenia since 2019. At the moment, EcoCars owns the largest network of electric filling stations throughout Armenia (23 stations). Its own mobile application and website (charge.ecocars.am) allowed to organize stable online sales. As of January 2022, the company already has 400 regular users. Due to the 10-fold growth of modern electric vehicles import from 149 to 1300 in 2 years, there is a need to increase both the number and capacity of EV charging stations. At the moment, medium-power stations (AC) operate in the network, but on highways and key road directions there is a need to install powerful stations (DC), the so-called "superchargers" or "Quick chargers". This investment proposal specifically refers to the purchase, installation and operation of 8 supercharger stations throughout Armenia which can refuel Electric Cars within 30-40 minutes. The aim of this investment is to drastically increase the quantity and quality (speed) of charging stations as well, thus creating an infrastructure backlog for many years to come.
42 570 000֏
Eco Cars LLC
Noosh Boutique Hotel
In the last 3 years, Armenia is facing a dynamic development in the spheres of ecological tourism and village-based resorts. The number of visitors in the pre-COVID period exceeded 4 million people. 27% of visitors come to Armenia from the EU countries, 26% from Russia and other CIS countries, 5% from Iran, 6% from the USA. In addition to the traditional premium airlines, low-cost airlines such as Wizzair, Transavia, Skyup, Bees, Ryanair, Airbaltic, Fly Pegasus, Fly One and others began to fly to Armenia, connecting Yerevan and Gyumri with European countries at a price starting from 40 euros. At the same time, the Lori Province (location of Dsegh village) has become one of the leading destination for rafting and hiking. Yet, there is a lack of hotels infrastructure in the area both for hikers' stayover and lovers of eco tourism. "Noosh-Dsegh" will be a boutique guest house established in Dsegh village of Lori province in Armenia, which will offer a recreational zone for travelers. The land has already been purchased in the village and covers an area of 1200m2. Noosh-Dsegh will comprise the Hotel, Café, and Courtyard. Currently, construction work for the restaurant is underway. The Hotel will have 10 rooms ranging 14-18m2 overlooking gorgeous landscapes of Dsegh village. While the restaurant will be able to serve 40 guests at the same time with electronic table reservations and takeaway services, especially for the hikers.
113 950 000֏
Noosh 2 LLC
Armbasalt Factory Expansion
The basalt fiber market is steadily growing worldwide by an average of 13%. One of the growth drivers for basalt fibers is their superior performance compared to fiberglass. It demonstrates better chemical resistance, corrosion resistance, tensile strength, and durability compared to fiberglass. Armbasalt factory is one of the leading producers of fiber in the region, where fiber is produced by the method of single-stage extraction from basalt melt with simultaneous processing of the primary thread (with special lubricants), in order to make the thread elastic and compatible with various types of resins: epoxy, epoxy-phenolic, phenol-formaldehyde, etc. Further, the complex yarns pass through a stage of partial drying and are transferred to processing for the production of roving. Roving undergoes full drying and is sent either to the customer, to weaving production to obtain fabric, or to the wheelhouse to obtain basalt chopped fiber (fiber), as well as to the production of fittings. Armbasalt also has a patent for the technology of its own development of continuous basalt fiber production Armbasalt's steady growth and contracts for exports in Russia, the Czech Republic, and other countries have created the need for its factory expansion to ensure the annual production of 5000 tons of basalt fiber versus its current annual capacity of 1080 tons. The overall project initiation foresees two stages of investments: - Stage I- aims to restart the production of basalt fiber roving with existing capacities, i.e. five melting furnaces in place. Meanwhile, modernization of the necessary equipment is envisaged, ensuring the reduction of production costs at this stage. - Stage II- aiming for significant expansion of production capacities up to 5,000 tons per annum, which means that 20 new furnaces will be established. This stage of investment includes also the construction of new warehouses, the purchase, and the installment of corresponding equipment for each furnace as a separate production line.
2 463 900 000֏
5th Generation Tomato Greenhouse
Based on the market analysis by NuFarm Tech, it has been established that there is an increased demand for tomatoes in Armenia and neighboring countries. The export potential of Armenia-produced tomatoes has been assessed and amounted to $45 mln. Meanwhile, as of now only $14 mln. worth tomatoes are exported, mainly to Russia. The company plans to install a 5th generation greenhouse to grow tomatoes on its land of 3000 sq.m. in the village of Norabats, Ararat Province, Armenia. The greenhouse will include smart farming techniques and will adopt AI-powered prediction models. The smart farming techniques will provide full control over the processes and crop production/health will be tracked and productivity will be improved using AI algorithms. Meanwhile, through the State Support program for the agricultural sector, the reimbursement of 50% of the construction costs for greenhouses are offered by the State.
144 910 000֏
NuFarm Tech LLC