Triple S Ventures

🚀Exclusive interview with our managing partner Avag Simonyan within the frameworks of Soulful Entrepreneur Podcast. The podcast dives deep into the world of venture capital, sharing the journey behind Seaside Startup Summit’s rise, the founding of Triple S Ventures and what it takes to stand out as a founder in today’s market. ✨ Essential traits VCs look for ✨ How a founder’s personality impacts investment ✨ Handling co-founder conflicts ✨ Perfecting your pitch and understanding valuation ✨ Building genuine relationships with investors If you’re an aspiring entrepreneur or founder ready to level up, this episode is for you! Tune in to learn how to navigate the venture capital world with confidence and insight🎧 🎙️Youtube - https://lnkd.in/dkYZfAMF

Remember Muhannad Taslaq, the Director of Investments at Alchemist Doha? Let's follow him through this #ElevatorPitch.  What feedback would you give this startup?💡 #TripleSVentures #TripleS #StartupPitch #VCInsights #AlchemistDoha

📉 SaaS Startup Funding: Cooling Down in 2024 🛑 SaaS and enterprise software, long the darling of the venture world, are seeing a noticeable drop in funding this year. So far, SaaS companies have raised $4.7 billion in 2024, setting the year on course to fall well below 2023’s $17.4 billion tally. ▪️ Public SaaS companies like Salesforce and UiPath are facing challenges, with stocks down sharply. ▪️ The Bessemer Cloud Index has underperformed the Nasdaq and S&P 500, sliding into negative territory. ▪️ Despite the overall dip, some large rounds are still being raised, like Wiz’s $1B Series E and Glean’s $200M Series D. While it's not the megadeal frenzy of 2021, SaaS still holds strong as key players continue to navigate a tough environment. Read more here: https://lnkd.in/gEywZCFJ #SaaS #VentureCapital #EnterpriseSoftware #StartupFunding #TechTrends #PrivateMarkets #TripleS #TripleSVentures

🌍 Global VC Ecosystem Rankings: A Look at Shifts and Growth🚀 The latest updates of 2024 reveal fascinating insights into the global VC ecosystem and its evolving dynamics: 🔹 San Francisco continues to dominate with a significant lead, followed by New York and Beijing. 🔹 The US tops the charts, with 10 locations in the top 20 for Development Scores, highlighting its role as a key global player. 🔹 London leads Europe, while Beijing and Shanghai represent Asia’s strength in the top rankings. 🔹 Exciting new entrants in the Growth Scores include Hefei and Dubai, with Switzerland emerging as the fastest-growing country. As investors, staying attuned to the changing landscapes of venture ecosystems can be the key to unlocking new opportunities. Read more: https://lnkd.in/dVhNB_ZF #VentureCapital #GlobalRankings #StartupEcosystem #PrivateMarkets #VCInvesting #TripleSVentures 4 #TripleS

🚀9 Startups from YC Demo Day 2 That Are Shaping the Future💡 Y Combinator’s Summer 2024 cohort continues to amaze, with AI leading the charge yet again. But we also saw groundbreaking innovations from other fields, from unjammable drones to energy-efficient AI chips. Here are 9 startups that caught people’s attention: ▪️ Entangl: Automates error detection and correction in engineering projects with AI. Already talking with Amazon’s CEO? Impressive. ▪️ Exa Laboratories: Developing AI chips that are 28x more energy-efficient than Nvidia’s H100s. ▪️ Kopra Bio: A potential game-changer in cancer treatment with a promising autoimmune drug. ▪️ LedgerUp: AI bookkeeper that takes the pain out of startup accounting. ▪️ OrgOrg: Productivity tools from a founder with a Google Slides success story. ▪️ Oway: Uber Pool, but for freight. Share truck space and save on shipping. ▪️ Silurian: Building next-gen weather forecasting models to simulate the entire planet. ▪️ Theseus: Drones that can’t be jammed — a key advantage in modern warfare. ▪ XTraffic: AI-driven traffic lights that reduce congestion and accidents. We need this everywhere! #Startups #YCombinator #AI #HealthcareInnovation #ClimateTech #VentureCapital #DemoDay #TechInnovation #TripleSVentures #TripleS

💼This Week’s Biggest Funding Rounds: Healthcare and IT Lead the Way💡 It’s been a quieter week for mega-deals, with only 2 U.S. companies crossing the $100M mark. Yet, even in a slow week, key sectors like healthcare and digital adoption continue to attract attention: 1️⃣Zing Health leads the pack, securing $140M to address healthcare disparities with Medicare Advantage plans focused on underserved populations. 2️⃣Whatfix raised $125M to help enterprises streamline software adoption and optimize employee tech usage. Other notable rounds: ▪️ Supabase: $80M (database) ▪️ Ujet: $76M (AI-powered contact centers) ▪️ Centivo: $75M (healthcare) Even in slower times, innovation keeps driving growth🚀 Read more: https://lnkd.in/gEHhHgbU #StartupFunding #VentureCapital #HealthcareInnovation #TechStartups #AI #DigitalAdoption #WeeklyFunding #TripleS #TripleSVentures

🚀 Venture-Backed M&A: Shifts in 2024 as PE Takes the Lead📉 2024 has seen interesting trends in the acquisition of venture-backed companies, as shown by recent Crunchbase data. While deal volumes are up slightly, the total value of these acquisitions remains sluggish compared to the boom of 2021. ▪️ In 2024, venture-backed companies have been acquired for a total of $67 billion across over 1,300 deals. ▪️ Private equity firms are driving the largest acquisitions, stepping in where public companies once dominated. ▪️ Biotech and software continue to lead sectors, with notable private equity acquisitions, like Merck’s purchase of Eyebiotech. ▪️ Despite lower exit values, sectors like AI, cloud management, and biotechnology continue to push forward in M&A activity. Secondary financings have also grown in popularity, providing alternative liquidity for investors. As we observe the market shifts and the role of private equity, it’s clear that the startup M&A landscape is evolving🚀 You can read more here: https://lnkd.in/gEHhHgbU #VentureCapital #MergersAndAcquisitions #StartupExits #StartupEcosystem #PrivateEquity #TripleS #TripleSVentures

🚀Exciting News!🚀 We are honored to present our latest investment in StarsHunt AI – a game-changer in the recruitment space, within the frameworks of Sevan Startup Summit 2024!⛵ Starshunt is revolutionizing the hiring process with their innovative platform, powered by cutting-edge AI technology. Their AI recruiter conducts interactive video interviews 24/7, asking personalized follow-up questions and instantly evaluating candidate responses. This allows companies to streamline their hiring process and make smarter decisions faster💡 We are proud to support Starshunt as they transform the way companies find and hire top talent. The future of recruitment is here! 🌟 #AI #Recruitment #TechInnovation #StartupSuccess #TripleSVentures #TripleS Alex Arakelyan Karen Danielyan Fedi Meliksetyan

One day as a life of an investor at Sevan Startup Summit 2024💡 Follow the busy schedule of Narine Davtian and share your love in the comments⛵️ #Sevan24 #SeasideStartupSummit #SSS24 #Connect #Learn #Win #HaveFun #TripleS #TripleSVentues Seaside Startup Summit

🚀 AI Accelerator Market Set to Skyrocket An AI accelerator is a type of specialized hardware accelerator or computer system designed to speed artificial intelligence chips, namely artificial neural networks, machine learning, robotics, and other data-intensive or sensor-driven applications. The AI chipset market is poised for tremendous growth, projected to surpass $200 billion by the end of the decade. AI accelerators, which include GPUs, FPGAs, ASICs, and TPUs, are specialized hardware designed to handle the complex computations of AI and ML algorithms more efficiently than general-purpose CPUs. AI accelerator spending is forecasted to rise from $17 billion in 2022 to $175 billion by 2030, and the percentage of data center spend on AI accelerators is expected to climb to nearly 40% by 2030. Significant spending milestones include $26 billion in 2023, $50 billion in 2024, and $150 billion in 2027. 💡 Industry Implications: The GPU market alone is projected to exceed $247 billion by 2028. The broader AI accelerator market is expected to approach $162 billion by 2028. This explosive growth underscores the increasing importance of AI and ML in driving technological advancements across industries. #AI #ML #AIAccelerators #GPUs #TripleSVentures #TripleS