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American startup ADAPT, founded by Kazakh entrepreneurs, has secured a new $500,000 investment round.

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The Tech AI

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The second round of investment in the startup ADAPT was led by Murat Abdrakhmanov, with support also from MOST Ventures and UMAY Angels Club. The company develops social commerce technologies for small and medium-sized businesses; the ADAPT SHOP app is used by more than 10,000 small businesses in the US, Mexico, and the CIS. The headquarters is located in the US, with a back office in Almaty. A year ago, the startup received $250,000 from 500 Global. The new investments will be used for testing hypotheses and product development.

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