Key news from the Central Asian venture market — March 2026

IT Park Ventures
State venture fund IT Park Ventures completed its first deal under the 1+1 co-investment mechanism, investing $100,000 in TASS Vision, a startup developing AI cameras for retail. The deal was part of a €1.3 million round and marked the first example of synergy between state and private capital in Uzbekistan.

The fund also invested $100,000 in Smartcast, a startup developing solutions for media content management and broadcasting.

Additionally, in March 2026, Dalerhon Nodirov was appointed director of IT Park Ventures, where he will be responsible for the strategic development of the fund and interaction with international investors.

EA Ventures Plug and Play EMEA Fund
A fund with Kazakh capital invested in Kalipso.ai, an artificial intelligence startup focused on automating compliance. The deal reflects the fund's focus on corporate technology solutions and companies with global scaling potential.

Activat VC
Activat VC, together with Yandex Cloud, conducted a pitch session for startups in the field of cloud technologies and artificial intelligence. Participants presented their solutions and received feedback from investors and corporate partners, as well as opportunities for further collaboration.

MA7 Ventures
The fund organized an educational online workshop on the application of artificial intelligence in business. Participants studied the practical use of tools for process automation, data analysis, and improving business efficiency, and also discussed the role of company leadership in the context of AI development.

United Ventures
The fund invested $100,000 in the startup Smartcast. The raised funds are directed toward product development and scaling in the media technology market.

Yoshlar Ventures
The fund secured approximately $1 million in the form of preliminary investment commitments for startups that completed the UzCombinator acceleration program. The investment size ranges from $25,000 to $150,000.

Additionally, the startup MOOMKIN, a platform for aggregating discounts and promotions, entered the fund's portfolio.

DOMiNO Ventures
The fund announced an expansion of its team: investment analysts Cixin Xiao and Aryan Seyed joined the team. Strengthening the team is aimed at expanding the investment pipeline and intensifying work with international startups.

Aloqa Ventures
In March 2026, the venture fund Aloqa Ventures continued its active portfolio expansion, focusing on early-stage startups.

The fund invested $20,000 in Lexora, a startup developing artificial intelligence solutions for legal services. The investment was made at the Pre-Seed stage and is directed toward product and technological base development.

Aloqa Ventures also invested $20,000 in Moomkin, a platform for aggregating discounts and promotions.

CEVF Awards 2026 — Fund Category
In 2026, the nominees for the CEVF Awards in the "Best Venture Fund" category were announced. The list included White Hill Capital, Aloqa Ventures, and DOMiNO Ventures. The nomination reflects the funds' contribution to the development of the regional venture ecosystem.

You can vote here.