Karen Vardanyan co-founded and directs Sprint Crowdfunders' Fund, a specialized vehicle that scouts hardware crowdfunding campaigns on platforms like Kickstarter and Indiegogo, applies VC-style diligence, and helps the strongest IoT projects transition from one-off campaigns into scalable companies. He brings nearly a decade of HSBC banking experience to this crowdfunding-to-VC bridge model while championing Armenian-founded startups with global ambitions and maintaining an international presence in European and emerging markets tech ecosystems.
About their Fund
Sectors
AI, SaaS, Media, Deeptech / Hardware, Fintech
Rounds
Pre-Seed - Series A
Avg Check Size
$100K - $1M
Notable Investments
Formula VC is aimed at taking the talented and innovative teams through their early stage journey. Formula VC has a mission to support startups with its network and resources in early stages of growth to become global players in their domain.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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