Active loop announced a major investment of $5 million. Top of the list is 468 Capital and CM Ventures, joined by Tribe Capital, Shasta Ventures, and various angel investors in the tech industry. The Active loop is a data optimization company that easily manages data for in-depth analysis. The analyst or data processor no longer needs to upload the entire data stream to the local laptop and classify it but can use Activeloop as Netflix, broadcasting the movie, so that all data does not need to be downloaded to the computer.

Active loop has 55 open-source members and a total of 700 members in the community. So far, the program has been downloaded more than 300,000 times.

Over the past 10 years, the IT sector in Armenia has shown unprecedented growth, recording an average annual growth of 23%. Over the past two years, more than 20 start-up companies in Armenia have received 700 million dollars of investment together. Armenian start-ups are exempt from taxes on business, and the income tax for employees is 10%. According to 2021 data, the total turnover of IT companies operating in Armenia exceeded 1 billion dollars. As of 2021, the industry employs 29,000 professionals.