Results of Astana Hub for 2024: residents attracted over $177 million in investments

The largest tech park in Central Asia, Astana Hub, has concluded 2024 with record-breaking results. Residents attracted over $177 million in investments, while the total revenue of IT companies reached $1.3 billion. The export of IT services grew to $481.5 million, and the number of jobs created exceeded 28,000.

Over the year, 500 new companies joined the tech park, bringing the total number of participants to 1,600, including 425 with foreign investment. Among the startups that attracted significant investments are CITIX, Hero’s Journey, Higgsfield AI, as well as promising projects such as Arlan Biotech, GoDays, Zypl.ai, CerebraAI, CodiPlay, and others.

In 2024, Astana Hub actively developed acceleration programs, including Silkway Accelerator with Google for Startups, Hero Training with Draper University, and Scalerator. Thanks to these initiatives, 49 startups successfully entered international markets.

The tech park launched a new fund, Astana Hub Ventures, with a volume of $10 million to support startups in Kazakhstan and Central Asia. As part of the AI Movement initiative, an accelerator called AI’preneurs was created, where 21 AI startups were developed, nine of which successfully completed the program.

An important step was the collaboration between Astana Hub and IT Park Uzbekistan under the brand Central Asian Innovation Hubs. Joint regional projects were presented at Web Summit 2024 in Lisbon and TechCrunch Disrupt 2024 in San Francisco. Astana Hub continues to scale its ecosystem by developing IT hubs in 18 regions of Kazakhstan, promoting initiatives such as Digital Nomad Visa, AI Movement, and Tech Orda, and preparing IT talents for the global market. By 2026, the tech park plans to increase the export of IT services to $1 billion, and by 2027, to launch the first Kazakhstani "unicorn."

Source: Astana Hub