22 startups from Central Eurasia demonstrated their successes in Silicon Valley
Author - Mansur Ismagulov
The Tech AI
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As part of the AlchemistX and Silicon Valley Residency programs, 22 startups achieved a projected revenue of $17 million by 2025. Eight companies, including JobEscape and PointAI, closed deals worth $379 thousand, while Most Finance and Speechsense.ai raised $1.4 million in investments. The initiative was implemented by Astana Hub and Silkroad Innovation Hub with the support of the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan and the World Bank to enter the U.S. market.
As part of the AlchemistX and Silicon Valley Residency programs, 22 startups achieved significant results. The projected revenue of participants in 2025 will be $17 million, which confirms their high potential for international growth.
The programs provided startups with support in securing initial contracts, attracting investments, coaching, mentoring, and access to the Silkroad Innovation Hub community. Eight startups, including JobEscape, LoadConnect, Parqour, and PointAI, closed deals worth $379,000, while Most Finance and Speechsense.ai raised $1.4 million in investments.
The programs included incubation and residency, enabling startups to gain key entrepreneurial skills and access to the U.S. ecosystem. The project was implemented by Astana Hub and Silkroad Innovation Hub with the support of the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan and the World Bank.
This initiative opened the path to the American market for startups from the region and laid the foundation for further growth.
Source: gov.kz
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