10 Central Asian startups that became the best in February and received investments
Author - Mansur Ismagulov
The Tech AI
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Kazakh startup Beksar raised $305,000 in Pre-Seed funding at a $4.8 million valuation. Hackathons were held in Kyrgyzstan: the winners of the ChatGPT Challenge were Admitted, "Sokoly," and SiMentor AI; ADA, ZAKAI, and IMAI won the AI Hackathon. At the AI Hackathon 2024 in Uzbekistan, the first place was taken by the Shifo AI team (30 million sum), second place by Data Dreamers (20 million sum), and third place by ICMEDAI (10 million sum).
We present an overview of interesting projects from Central Asia that have recently attracted new investments.
Kazakh startup Beksar raised $305,000 in Pre-Seed funding
Kazakh startup Beksar, a graduate of the MOST Investment Readiness Accelerator, successfully raised $305,000 in Pre-Seed funding with a total project valuation of $4.8 million. Lead investors in the round included angel investor and entrepreneur Murat Abdrakhmanov, who invested $150,000 in the startup. An additional $105,000 was invested by the MOST Ventures fund. Business angel Eldar Tolesh joined the round, adding $50,000 to the startup's capital.
Winners of the ChatGPT Challenge Hackathon
The hackathon took place from January 26 to February 2 at the High Technologies Park of Kyrgyzstan.
First place was awarded to the project Admitted — an AI assistant for taking math exams and applying to universities.
Second place went to the project "Sokoly," which presents AI as a legal consultant.
Third place was awarded to the project SiMentor AI, an AI mentor for interview preparation.
Winners of the AI Hackathon
The hackathon took place from February 21 to February 29 at the High Technologies Park of Kyrgyzstan.
First place was won by the ADA team with the project "Translator from Sign Language to Text and Audio Format," which makes communication accessible to everyone.
Second place rightfully went to the ZAKAI team, which presented the project "Diagnosis of the Cerebral Cortex Using Artificial Intelligence Based on MRI Scans."
Third place was taken by the IMAI team, which presented the AI Security project — a video surveillance system for stores that uses computer vision and AI to ensure security.
Winners of the AI Hackathon
On February 16–18, 2024, at the IT festival AI Hackathon 2024 at the New Uzbekistan University, the Shifo AI team took first place and received 30 million sum.
Second place was awarded to the Data Dreamers team, which received 20 million sum.
The ICMEDAI team took third place, receiving 10 million sum.
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