Funded Startups in Dushet'is Raioni
Across these 11 Dushet’is Raioni (Tbilisi) listings, the only clearly disclosed large round is Bank of Georgia’s $20M debt financing on 2022-09-15; the nex…
Across these 11 Dushet’is Raioni (Tbilisi) listings, the only clearly disclosed large round is Bank of Georgia’s $20M debt financing on 2022-09-15; the next-largest disclosed amount is EVEX Hospitals’ $10M on 2022-09-14, and the remaining disclosed figures (e.g., Cargon’s $2M seed on 2023-12-20 and Wempler’s $330K pre-seed on 2024-01-09) sit well below that range. A second pattern shows a tight time cluster: four of the 11 rounds land in 2023 (2023-12-20, 2023-12-22, 2023-07-01, 2023-06-14), and two different rows share the exact date 2023-06-14 (Arena Games and Datamind). Sector-wise, information technology and adjacent digital themes recur repeatedly (Information Technology: Datamind; Artificial Intelligence: Ensofy; Blockchain Services: Arena Games; Blockchain and Cryptocurrency: CityPay.io), while stages are frequently not specified in the amount field: 8 of 11 rows list “undisclosed” amounts (CityPay.io 2024-05-08, Academy of Digital Industries 2023-12-22, STYX 2023-07-01, Arena Games 2023-06-14, Datamind 2023-06-14, Ensofy 2022-08-02, Biliki App 2022-05-23, EVEX Hospitals 2022-09-14). The most recent row date is 2024-05-08 (CityPay.io).
Most recent rounds
11 shownRelated listings
Frequently asked
What stands out about disclosed round sizes in this Dushet’is Raioni list, and is there a clear outlier?
Bank of Georgia’s $20M debt round (2022-09-15) is the largest disclosed amount, followed by EVEX Hospitals at $10M (2022-09-14). Cargon’s $2M seed (2023-12-20) and Wempler’s $330K pre-seed (2024-01-09) are much smaller than the $10M+ pair, making those finance-related rounds the size outliers within disclosed figures.
Do rounds cluster in time, especially around 2023?
Yes. Four of the 11 entries are dated in 2023 (2023-12-20 Cargon, 2023-12-22 Academy of Digital Industries, 2023-07-01 STYX, and two on 2023-06-14: Arena Games and Datamind). The duplicate date (2023-06-14) reinforces a mid-2023 burst rather than a uniform spread across years.
How much of the list has undisclosed amounts, and does that affect interpretation of trends?
8 of 11 rows show “undisclosed” amounts (CityPay.io 2024-05-08; Academy of Digital Industries 2023-12-22; STYX 2023-07-01; Arena Games 2023-06-14; Datamind 2023-06-14; Ensofy 2022-08-02; Biliki App 2022-05-23; EVEX Hospitals 2022-09-14). With most amounts hidden, only four companies provide usable disclosed-size comparisons: Bank of Georgia ($20M), EVEX Hospitals ($10M), Cargon ($2M), and Wempler ($330K).
Which stages appear most often, and are they aligned with the largest disclosed rounds?
Seed is the most frequent stated stage (Cargon 2023-12-20 at $2M; Arena Games 2023-06-14; Datamind 2023-06-14; Biliki App 2022-05-23; CityPay.io is Seed-less in the amount field but has Seed as the round type). However, the two largest disclosed amounts are both in a finance/debt/undisclosed bracket: Bank of Georgia’s Debt Financing ($20M on 2022-09-15) and EVEX Hospitals’ $10M on 2022-09-14, rather than seed rounds.
Are any sectors concentrated across multiple entries?
Digital and information-centric themes recur across multiple companies: CityPay.io (Blockchain and Cryptocurrency, 2024-05-08), Arena Games (Blockchain Services, 2023-06-14), Datamind (Information Technology, 2023-06-14), and Ensofy (Artificial Intelligence, 2022-08-02). This clustering suggests more repeated sector coverage than do categories like Education (Academy of Digital Industries) or Transportation (Cargon), each appearing once in the shown rows.
Which entries fall at the most recent edge of the date range shown?
Only two entries occur in the 2024 portion of the list: Wempler (2024-01-09, $330K) and CityPay.io (2024-05-08, undisclosed). The full date range shown runs back to 2022-05-23 (Biliki App), so the latest activity is concentrated in early-to-mid 2024 rather than being evenly distributed into every quarter.
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