BPM Tracker and Qtap: Startups from Central Asia that Attracted Investments in July 2023

Today, we have compiled a selection of startups that have managed to attract investors and secured funding this month.

Qtap, a graduate of the MOST Investment Readiness Accelerator, raised $275,000 in pre-seed investments

UMAY Angels Club will join the round, with the deal still in the structuring phase.

Considering all commitments, the total investment amount is expected to exceed $300,000.

A significant event of this round is the participation of the well-known Kazakh entrepreneur and investor, Margulan Seysembay. This is his first investment in the MOST ecosystem. Alongside him, business angel Bakht Niyazov and the MOST Ventures fund participated in the syndicate.

Three Kyrgyz IT companies will receive investments up to $50,000

Three Kyrgyz IT companies will receive investments of up to $50,000 under the Accelerate Prosperity "Local Transformation" project.

At the final demo day, the committee selected the three most promising teams based on their presentations, business plans, performance, and development progress: Siroca, Ooba, and Avelve.

BPM Tracker raised $300,000 in investments from MOST Ventures and UMAY Angels Club

BPM Tracker, a graduate of the IRA accelerator, raised its first round of investments totaling $300,000 with a valuation of $3,000,000. The lead investor of the round was the well-known angel and entrepreneur Murat Abdrakhmanov. In addition to him, the MOST Ventures fund and the UMAY club participated in the round.

AloqaVentures invested in three Uzbek projects

AloqaVentures invested in:

— Mohirdev — $250,000. Mohirdev is an EdTech startup founded in 2021.

— Depozit.uz — $100,000. This is a financial services supermarket that consolidates financial services from all banks, insurance companies, and non-bank credit organizations in Uzbekistan.

— Didox.uz — $175,000. Didox.uz is a platform specializing in document exchange, financial control, and trade optimization.