Code in the Dark

29 Apr 2018
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Al Eisaian

IntelinAir

Armenian-American entrepreneur, founder of IntelinAir

Artashes Vardanyan

Microsoft Innovation Center

Director of Microsoft Innovation Center

Alexis Ohanian

Reddit

American entrepreneur, investor, co-founder of the social news site Reddit

Pierre Hennes

Granatus Ventures

Co-Founder & Partner at Granatus Ventures

Wakie

Talk to strangers and get answers to important questions

Sololearn

The biggest mobile platform for learning programming

ARLOOPA

Virtual and Augmented reality

Cubway

Puzzle game with arcade elements

TaxoLine

Online taxi order in Yerevan

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Transport routes search in Yerevan

gg

Online taxi order app

Localz

Personalized daily tours in Armenia with top rated tour guides

Ruben Vardanyan invests in face recognition technology

Russian state-owned Rostec’s subsidiary RT - Business Development and Ruben Vardanyan’s New Dimension Fund Variable Capital Investment have purchased a share of NtechLab, a Russian developer of face recognition technology.

Representatives of the companies have informed Vedomosti newspaper about the deal.

RT - Business Development has purchased 12.5% of NtechLab and New Dimension Fund Variable Capital has bought 25%.

NtechLab was founded by web developer Artem Kuharenko and businessman Alexander Kabakov in 2015. The startup specializes in advanced methods in self-learning neural network to create face recognition algorithms.

Around 100 companies worldwide have launched pilot projects on installation of NtechLab technology, including those in Russia, Europe, USA and China.

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