Astana Hub and CoCoon Ignite Ventures have signed a memorandum

Astana Hub International Technopark hosted a delegation from the People's Republic of China and Hong Kong. The meeting was organized to strengthen international cooperation and support innovative projects.

The visit program included a tour of Astana Hub, a presentation of the technopark's activities and achievements, and the signing of a memorandum of cooperation. More than 70 people participated in the event, including high-ranking government officials, representatives of technoparks, the business community, and investors from China and Hong Kong.

The main event of the visit was the signing of a memorandum with the Hong Kong venture fund CoCoon Ignite Ventures. Partnership with them began at the Digital Bridge 2023 platform, where fund representatives participated in the Google for Startups Summit. The memorandum provides for mutual cooperation, participation in events organized by both parties, providing opportunities for investing in Astana Hub startups, as well as promoting the export of IT services and products. This event opens new horizons for cooperation and startup support, as well as strengthening positions at the international level.

In March 2024, Kazakh startups presented their projects to representatives of CoCoon Ignite Ventures with the aim of attracting investments from $50,000 to $100,000, with the prospect of increasing up to $500,000. The fund shows special interest in startups in the field of B2B technologies, including artificial intelligence, data analytics, data management and storage, software, and robotics.

Source: astanahub.com