July Investments. 9 Startups That Received Funding
July was marked by significant investments in startups. We present to your attention the startups that managed to attract large sums for further development of their projects.
Author - Mansur Ismagulov
The Tech AI
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Five startups received 10,000,000 tenge each as part of the Seed Money program from Astana Hub. Delever raised $100,000 from Aloqa Ventures, Alma secured $5,100,000 in investments from Silicon Valley funds. Yaya received $100,000 from 500 Global in Eurasia, and KuickTech raised $500,000 to launch Avoloan in New York.
5 startups received 10,000,000 tenge each as part of Seed Money
Astana Hub International Technopark has concluded the Seed Money 4.2 funding program. 150 startups submitted applications, and only 5 of them passed all stages. Each of these startups will now receive 10,000,000 tenge.
1. Nextgen Truck Simulator — a mobile driving simulator game featuring various types of vehicles.
2. Baqa — an educational app for children.
3. MathsHub AI — a platform with AI algorithms for content localization.
4. Webapi.ai — a builder for AI chatbots to automate customer support and sales.
5. Alem — a smart guide for tourists.
Delever raised $100,000 from Aloqa Ventures
Founded by Fakhriddin Yusupov and Azizbek Bahodirov, Delever offers an innovative platform that allows businesses to accept online orders via websites, mobile apps, and Telegram bots. The platform also simplifies social media orders and integration with leading food aggregators, ensuring fast and efficient order processing. The platform plans to expand its team and enter markets in CIS countries.
Alma raised $5,100,000 in investments
The Alma startup from Kyrgyzstan received $5,100,000 in investments from leading Silicon Valley venture funds. The project aims to simplify the visa application process for technologists, founders, and researchers.
The startup provides personal legal consultants, accelerates document processing, and organizes the entire process digitally, making visa acquisition more convenient and efficient.
Yaya raised $100,000 from 500 Global in Eurasia venture fund
Yaya is a unified children's subscription for all types of activities. Since the beginning of the current year, the project has reached a turnover of $1,000,000. In April 2024, they launched the Yaya App, and in June, they launched the project in Astana. In June 2024, another investment deal was made with the accelerator company 500 Global in Eurasia.
KuickTech raised $500,000 to launch a service in New York
Kazakh company KuickTech, a participant of the Astana Hub technopark, raised $500,000 in private investments to launch the Avoloan FinTech startup for loan refinancing. The founders, programmers from Pavlodar, plan to help Americans pay off credit card debts using a debt refinancing service.
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