12 startups from Central Asia and the Caucasus that attracted investments in April
Author - Mansur Ismagulov
The Tech AI
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Kazakh startup Cybernet AI received a Microsoft for Startups grant of over $350,000, and Nozomio closed a funding round of $1 million. The Kyrgyz team ArtSkin won the Grand Prix at the Central Asia Startup CUP with a $10,000 prize for artificial skin for prosthetics. Georgian Quantum Server attracted investment from Ellerra Ventures, the founders of Ayan Capital raised £25 million, and seven Kyrgyz teams each received €5,000 under the Last-mile Connectivity to Promote Digital Green Education Opportunities project.
Cybernet AI
A Kazakh startup, Cybernet AI, has become a participant in Microsoft for Startups' international program. The company received grant support totaling over $350,000 and access to the corporation's technological resources.
Nozomio
Kazakh startup Nozomio successfully closed an investment round worth $1 million. Nozomio develops a platform for automating code-related tasks using artificial intelligence.
ArtSkin
At the Central Asia Startup CUP startup battle, Kyrgyz startup ArtSkin won the Grand Prix and received $10,000. The team is developing artificial skin for prosthetics that allows users to feel touches, pressure, and the temperature of objects.
Ayan Capital
The founders of Alif raised £25 million for their startup Ayan Capital from Partners for Growth, an international private credit firm. Ayan Capital offers halal financing for private drivers and renters to purchase eco-friendly vehicles.
Quantum Server
Georgian startup Quantum Server, specializing in server solutions for game developers, has attracted investment from Ellerra Ventures, a Silicon Valley-based venture fund.
Central Asia Startup CUP Winners
At the Central Asia Startup CUP — part of the Last-mile Connectivity to Promote Digital Green Education Opportunities project, funded by the European Union — seven teams from Kyrgyzstan each received €5,000. The winners were: Nomado, Tez Jumush, Sound Vision, Edu Test, WeSave, TilZone, and TheTech.
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