SASTIC

Venture Capital Los Angeles, United States ·Founded 2021

Overview

SASTIC is a professional community committed to fostering the development of science, technology, and innovation in Armenia. The organization focuses on creating research infrastructure, assisting in education and scientific research, and forming or investing in modern companies and unions to execute long-term strategic programs in Armenia. Their mission is to make the country more resilient and prosperous by investing in and empowering talented individuals and teams to drive progress and innovation in the STEM sector. The organization operates by funding and incubating innovation in areas such as biotech, AI, agriculture, and deep-tech, aligning with Armenia's national needs. They also develop talent pipelines by empowering war veterans, displaced individuals, and youth through scholarships, internships, and mentorship. Additionally, SASTIC builds long-term infrastructure by supporting the creation of labs, R&D spaces, and partnerships to scale innovation. Their model involves monthly member contributions, expert-led evaluation of proposals, transparent reporting, and reinvestment of returns into future initiatives. SASTIC was founded in the aftermath of the war in Armenia, with the goal of creating opportunities for war veterans and supporting the development of the STEM fields in the country. Today, it comprises a diverse group of highly skilled individuals, including professionals from various STEM fields, as well as experts in business, finance, and other related areas. SASTIC is registered as a 501(c)(3) charity in the United States and as an NGO in Armenia. The organization works in partnership with a variety of stakeholders, including academia, industry, and the government, to advance its mission of making Armenia more resilient and prosperous.

Investment Focus

  • STEM-oriented early-stage startups
  • Applied science projects with potential impact on technological development in Armenia
  • Projects supporting or involving Armenian war veterans

Portfolio Companies

Denovo SciencesHayasat-1YerevanNN

Reach SASTIC directly

Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.

Unlock full contacts →

Frequently asked questions about SASTIC

What sectors does SASTIC invest in?

SASTIC invests in Technology, Agriculture, Artificial Intelligence, Biotechnology and Deep-Tech, and is based in Los Angeles, United States. SASTIC is listed as a venture capital in the ConnectSafely investor database.

What stage does SASTIC invest at?

SASTIC backs companies at Seed, Early Stage and Growth, writing cheques of 50K - 400K.

Which regions does SASTIC invest in?

SASTIC invests across United States and Armenia.

Who are the partners at SASTIC?

Team members listed for SASTIC include Arin Abed (President).

What companies has SASTIC invested in?

SASTIC's portfolio includes Denovo Sciences, Hayasat-1 and YerevanNN.

How do I contact SASTIC?

SASTIC's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database