8,100,000$ in investments were collectively attracted by participants of Silkway Accelerator
Author - Mansur Ismagulov
The Tech AI
Get the key points in seconds - a short summary from The Tech AI.
The fourth cohort of the Silkway Accelerator, organized by Astana Hub and Google for Startups, was completed by 15 startups from seven countries. Participants increased their MRR by 4.7 times, attracted $450,000 in investments, and have agreements worth $150,000. Among the projects are Zebra Eye (eye diagnostics), Aqyl Battle (a game with 600,000 registrations), Arlan Biotech (nanobodies), and Dalatek (a vegetable marketplace).
The fourth cohort completed the acceleration phase of Silkway Accelerator, a joint program by Astana Hub and Google for Startups. Participants increased their MRR by 4.7 times and collectively attracted investments totaling $450,000, with additional preliminary agreements worth $150,000.
The fourth cohort of Silkway Accelerator received 197 applications from startups in seven countries. From these, 15 projects were selected, with participants representing Kazakhstan, Georgia, Kyrgyzstan, Nigeria, Mongolia, Tajikistan, and Uzbekistan. They successfully completed the 12-week intensive program. For example, the startup Zebra Eye, which developed AI-powered software for diagnosing eye pathologies based on medical image analysis, secured a commitment of $200,000 from private investors during the acceleration phase.
At the Demo Day, program graduates presented their startups. Kazakh startups included Aqyl Battle, which showcased its mobile game with over 600,000 registrations and 30 million games played; OILA, a mobile app that helps children overcome screen addiction through gadget use; Python RPA, which developed an automation platform for repetitive tasks for system integrators and managed service providers; Arlan Biotech, featuring a revolutionary AI-based technology for generating and producing nanobodies that is faster and cheaper than all existing technologies today; and Tastamat, which offers a network of self-service parcel lockers.
Mongolian startups included Carepay, which provides a FinTech solution aimed at ensuring equal, accessible, and affordable healthcare services for everyone; Metacog Metrics, which develops a system for indirectly assessing soft skills using game mechanics to improve recruitment efficiency and reduce employee turnover; and Metaland Metaverse, which integrates all real-world communications and services.
The Uzbek startup Dalatek created an "Amazon for vegetables and fruits."
The Kyrgyz startup Mystory creates AI-generated fairy tales where the customer is the main character.
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.