Triple S Ventures

Exciting news from our portfolio company, SimCare AI (YC S24)! They’ve just raised $2M+ in Seed funding to revolutionize clinical training with AI patients. We’re proud to have backed SimCare AI (YC S24) alongside Y Combinator, Drive Capital and other incredible investors. Huge congratulations to the team Vrishank Saini and Tigran Bdoyan - can’t wait to see what’s next! Read more about this milestone in Forbes (link in comments). #AI #Healthcare #Innovation #TripleSVentures Avag Simonyan Dr. Hakob Hakobyan Zaré Baghdasarian, MBA, Narine Davtian

?? Exciting News from Our Portfolio Startup: BlueQubit! We’re proud to share that BlueQubit, a cutting-edge quantum software startup from our portfolio, has raised an impressive $10M in seed funding led by Nyca Partners! ?? BlueQubit is revolutionizing how we integrate quantum computing into real-world applications. Their Quantum-Software-as-a-Service (QSaaS) platform connects businesses to Quantum Processing Units (QPUs) and emulators, enabling breakthrough advancements in finance, pharmaceuticals, and material science. As industries push the boundaries of classical computing, BlueQubit is paving the way for scalable quantum solutions by leveraging GPUs for algorithm development and deploying on real quantum processors. With a stellar team led by Stanford alumni Hrant Gharibyan, PhD and Hayk Tepanyan this startup embodies the future of quantum innovation. At Triple S Ventures, we’re proud to back a company that’s shaping the next era of technology. Congratulations to the BlueQubit team on this incredible milestone!

?? We are thrilled to announce the launch of the STAN Los Angeles Chapter, a milestone made possible through collaboration, vision, and teamwork. This chapter is dedicated to empowering Armenian and non-Armenian founders from Armenia, Los Angeles, and beyond, while also welcoming angel investors passionate about driving early-stage startups forward. At Triple S Ventures, collaboration is at the heart of everything we do. Partnering with STAN to establish this chapter was a natural extension of our commitment to fostering partnerships that drive innovation and growth. This remarkable achievement is a significant step for the Armenian tech ecosystem and the local communities of Glendale and LA. We believe it will serve as the foundation for scalable initiatives yet to come! To everyone who joined us in celebrating this journey—thank you for your support and dedication to making this milestone event truly special. Together, we are shaping the future of innovation. ?? Stay tuned for more exciting updates and initiatives from the STAN LA Chapter—this is only the beginning! Ruben Osipyan Avetis Antaplyan Armen Orujyan Elen Asatryan CBRE Dean Hunt Guillermo Quezada WinesofArmenia.com Stepan Baghdassarian HIRECLOUT City of Glendale Economic Development David Crawley Delgado Hayk Mamajanyan

Have you ever heard of SPACs (Special Purpose Acquisition Companies)??? A SPAC is essentially a "blank check company" created solely to raise capital through an IPO for the purpose of acquiring or merging with an existing private company. It provides a fast track for private companies to go public, bypassing the traditional IPO process???? Here’s how it works: 1?? Investors put their trust in the SPAC's founders or sponsors, often seasoned executives, who seek a target company to acquire within a specific timeframe (usually 2 years). 2?? Once a suitable company is identified, the merger turns that private company into a publicly traded one, giving it access to more capital and visibility. ?? Why SPACs? Speed to Market: They allow private companies to go public faster than the traditional IPO route. Negotiated Valuation: Companies can work directly with the SPAC sponsor to agree on a valuation. Flexibility: A SPAC can offer tailored deal structures, appealing to companies with unique capital needs. However, SPACs come with challenges, such as investor scrutiny post-merger and potential misaligned incentives between sponsors and shareholders. If you’re a founder considering a public offering, understanding SPACs as an alternative to IPOs might open exciting new opportunities!??

The green transition isn’t a distant goal—it’s already reshaping industries, creating "emergent arenas." Advanced batteries, nuclear fission power plants, and modular construction are projected to generate up to $6 trillion in profits by 2040. These sectors not only promise immense financial returns but also address critical global challenges, including energy efficiency and climate change. Consider modular construction, a sector revolutionizing the building industry by reducing material waste by 30% while speeding up project timelines. Or look at advancements in battery technology, enabling the mass adoption of electric vehicles and furthering renewable energy storage. These aren’t just innovations—they are essential components of a sustainable future. Nuclear fission, once sidelined, is re-emerging as a key player in clean energy, with potential revenues of $50 billion by 2040. By championing the green transition, we’re not just adapting to the future; we’re helping define it.

??Navigating the VC Market Slowdown: Challenges and Opportunities As venture capital adapts to a shifting landscape, aging funds and prolonged exit timelines are shaping a new narrative. The graph below illustrates a significant trend: VC-backed companies with 8+ years since their first round have seen their aggregate value soar to $1.77T in 2024, with 6,364 companies now in this category. ?? Current Market Dynamics: 1?? Extended Holding Periods: Lengthening venture lifecycles and slowed exit activity have created challenges for LPs trying to recycle capital into new vintages. 2?? Alternative Liquidity Options: Continuation funds, secondaries, and innovative stake distributions are rising to address liquidity gaps, but imbalances between buyers and sellers remain. 3?? LP Pressures: Stuck holding aging funds, many LPs face tough decisions—retain stakes until recovery or sell at potentially undervalued prices in a subdued market. ?? What Lies Ahead? While the market waits for the anticipated exit rebound, these prolonged timelines underscore the importance of adaptive strategies. Continuation funds and secondary markets may not be the ultimate solution, but they highlight a growing need for flexibility in the VC ecosystem. Read more here: https://lnkd.in/dy7Edash

??The Arenas of Tomorrow: Transformative Potential by 2040?? The future is taking shape, and it’s more dynamic than ever! At Triple S Ventures, we believe in identifying and fostering industries poised to transform our world. The 18 arenas of tomorrow, as highlighted by the McKinsey Global Institute, could drive $29–$48 trillion in revenues and $2 trillion to $6 trillion in profits by 2040? These emerging fields could grow from 4% of GDP today to 10-16% by 2040, accounting for up to 34% of total GDP growth! From AI software to nuclear fission power plants, these sectors exemplify innovation and resilience. 1?? E-commerce: Companies that sell goods through digital channels and fulfill them directly 2?? AI software and services: Companies that provide software and services incorporating AI, excluding the hardware necessary to operate AI 3?? Cloud services: Companies that deliver on-demand cloud infrastructure and platforms as a service 4?? Electric vehicles: Manufacturers of battery, plug-in hybrid, and fuel-cell EVs 5?? Digital ads: Platforms that enable advertisers to reach consumers digitally What sets these arenas apart? They are fueled by escalatory investments, disruptive technologies, and massive addressable markets. Take electric vehicles as an example—the shift to EVs isn't just about mobility; it's a reinvention of sustainability. Similarly, advancements in biotechnology are redefining health and wellness, offering solutions that were once considered science fiction. As investors, our role is to spot these transformative trends early, empowering visionary entrepreneurs who are daring to shape the future. Stay tuned as we continue to explore, invest, and champion these impactful arenas????

?? The Evolving Venture Lifecycle: Insights on Unicorn Age Distribution The journey of unicorn startups highlights significant shifts in the venture capital landscape. According to PitchBook, 40% of unicorns have been held in VC portfolios for 9+ years, emphasizing a growing trend: venture lifecycles are lengthening, even as traditional fund terms remain static. ?? Key Takeaways from the Data: Over two-thirds of US market value in VC-backed companies comes from unicorns. 31.2% of unicorns are between 6-9 years old, while 25.3% have surpassed the 9-12 year mark. Holding unicorn shares beyond the traditional 10-year fund term has become increasingly necessary for maximizing returns. ?? What This Means for Investors: With longer holding periods, especially in evergreen or extended-term funds, LPs and VCs face pressure to balance patient capital with timely exits. This shift calls for adaptability in strategies as unicorns continue to redefine market dynamics. Read more here: https://lnkd.in/dy7Edash

?? European Space Investment Soars Above €1 Billion! ?? European space-tech is reaching new heights, with VC investment nearly doubling in 2024! Over €1 billion has been raised across 64 deals—up from €545 million in 2023???? A standout player in this surge is The Exploration Company (TEC), a German space logistics startup, which has raised an impressive $160 million Series B co-led by Balderton Capital and Plural. These funds will propel the development of TEC’s Nyx spacecraft, a reusable, in-orbit-refillable vehicle aiming to revolutionize low Earth orbit and lunar logistics??? Why the Boom in European Space-Tech? - Government Backing: The EU’s first space strategy for security and defense (launched in 2023) is driving investor confidence. - Tech Advancements: Lower costs and greater accessibility are unlocking new opportunities in areas like space logistics, satellite services, and exploration tech. - Global Competition: Europe is rising as a challenger to dominant US, Chinese, and Russian space players, fostering innovation and ambition. ?? With its sights on the $300 billion space logistics market, TEC is preparing for its first milestone in 2025 with the launch of its Mission Possible capsule, followed by the maiden flight of Nyx in 2028 to the International Space Station. As Europe continues its ascent in the space industry, we’re watching history in the making??? What do you think about Europe’s role in shaping the future of space? Share your thoughts below! ?? Read more here: https://lnkd.in/dEwdGEhQ

??STAN LA Chapter Launch: Powered by Triple S Ventures! We are excited to announce that STAN is launching its new Chapter in LA with the full support of Triple S Ventures. This is a key step in our mission to expand globally by establishing chapters in cities with vibrant Armenian diaspora communities. This initiative aims to empower early-stage startups by offering access to funding, strategic connections, and market opportunities, leveraging the expertise of Armenian diaspora angel investors to fuel their global growth?? We invite LA-based investors, founders, and ecosystem leaders to join us for this special launch event. It’s an incredible opportunity to network, collaborate, and discover ways to support high-potential startups that are shaping the future? ?? Date: December 5, 2024, Thursday ?? Time: 5:30 PM - 8:30 PM PST ?? Venue: CBRE, 234 S Brand Blvd Suite 800, Glendale, California ?? Register now to secure your spot: https://lu.ma/do17er8z Let’s connect, collaborate, and ignite the next wave of global Armenian innovation!?? #TripleSVentures #AngelNetwork #Entrepreneurship #LAChapterLaunch Science and Technology Angels Network (STAN) Ruben Osipyan