Science and Technology Angels Network (STAN)

Syndicate Armenia ·Founded 2018

Overview

The Science and Technology Angels Network (STAN) is a global angel investor network that supports early-stage technology startups, particularly those rooted in Armenia but also emerging globally. Founded in early 2018 by the Foundation for Science and Technology of Armenia (FAST), STAN has grown from 18 founding angels to approximately 40 investors from six different countries representing various industries. In October 2023, STAN transitioned to full independence from FAST, operating as a not-for-profit foundation. STAN focuses on providing pre-seed and seed-stage investments in startups engaged in science and technology innovation. The network offers access to risk capital and leverages the expertise of its members to support companies with strategic advice, mentorship, and connections for their development. Noteworthy startups that have benefited from STAN include AxonaLab, BLiiNK, BrandLens, Denovo Sciences, Doctor Yan, doodooc, Dowork.ai, Grovf, HopShop, manot, MyThrill, PopUp School, and Saima. In 2025, STAN welcomed five new angels and invested over $400,000 across five deals. The network co-hosted the 'Gateway to EU' event with BANA Angels, Angel Investor Club of Armenia (AICA), and the European Business Angel Network (EBAN), bringing together over 150 participants, including international guests and senior officials from the EU and Armenia. Additionally, STAN continued its partnership with Triple S Ventures (STAN LA Chapter) and collaborated with StartupBlink, contributing to the Global Startup Ecosystem 2025 report, with Armenia reaching #54 globally.

Investment Focus

  • Startups engaged in science and technology innovation
  • Pre-seed and seed-stage companies
  • Companies with global ambitions

Portfolio Companies

Denovo SciencesMythrillGrovfAxonaLabBLiiNKBrandLensDoctor YandoodoocDowork.aiHopShopmanotPopUp SchoolSaima

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Frequently asked questions about Science and Technology Angels Network (STAN)

What sectors does Science and Technology Angels Network (STAN) invest in?

Science and Technology Angels Network (STAN) invests in Technology, Healthcare, Energy, Consumer Goods, Media and Agriculture, and is based in Armenia. Science and Technology Angels Network (STAN) is listed as a syndicate in the ConnectSafely investor database.

What stage does Science and Technology Angels Network (STAN) invest at?

Science and Technology Angels Network (STAN) backs companies at Pre-Seed, Seed and Early Stage, writing cheques of 100K - 500K.

Which regions does Science and Technology Angels Network (STAN) invest in?

Science and Technology Angels Network (STAN) invests across United States, United Kingdom, Canada, Germany, France and United Arab Emirates.

What companies has Science and Technology Angels Network (STAN) invested in?

Science and Technology Angels Network (STAN)'s portfolio includes Denovo Sciences, Mythrill, Grovf, AxonaLab, BLiiNK, BrandLens, Doctor Yan and doodooc.

Last updated · Source: ConnectSafely investor database