IT Park Ventures and Startup Garage signed a memorandum of partnership

One of the largest venture capital funds in Uzbekistan, IT Park Ventures, has announced the start of strategic cooperation with Startup Garage.

IT Park Ventures was founded in December 2024 with a charter capital of $10 million, providing financial support to the startup ecosystem of Uzbekistan. To date, IT Park Ventures has invested over $650,000 in more than 7 startups, funding projects at various stages of development—from the idea stage to Series A. The investment size ranges from $10,000 to $1,000,000.

Key areas of the fund include artificial intelligence, FinTech, GreenTech, and other promising technological sectors.

The fund actively collaborates with leading international accelerators, including Plug & Play, Draper University, and StartX.

The cooperation with Startup Garage aims to expand opportunities for innovative startups in Uzbekistan. It is designed to provide teams with practical support to accelerate growth, scale, and enter international markets.

Through the partnership with Startup Garage, the IT Park Ventures fund will be able to invest up to $1 million in resident startups. This is a unique chance to realize an idea with the support of a professional venture capital fund.