
Investment banking, markets and research arm of Bank of America serving corporations and institutions

Early-stage venture fund in Armenia backing software, IoT and AI start-ups from the region

Formula VC is a venture fund in Yerevan that supports young technology teams through their first stages of growth. It presents Armenia as a growing innovation hub and wants its start-ups to compete globally.
It focuses on SaaS, IoT and AI projects from Armenia and nearby regions, favouring those with steady recurring revenue or a large active user base.
Profile written by TrustList from the business's own published information, Sep 2026.
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