CEVF23 Results: $8,000,000 in Investments and Ambitious Announcements
Author - Mansur Ismagulov
The Tech AI
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At the CEVF forum, startups raised $8 million in investments, setting a record. The winners were the projects Hero Study, GoatChat, and Kwakka. The MOST Holding announced the launch of a $30 million fund and the MOST IT CITY IT cluster project in partnership with TОО Qazaq Stroy.
According to preliminary data, during investor-startup meetings, startup battles, and negotiations, startups agreed with investors on a total investment amount of $8 million, setting a record in the history of the forum and surpassing last year's result of $5 million.
For the first time at CEVF, the digital investment platform Investbanq based on AI was presented. This breakthrough in digital investment banking opens new horizons for investors and businesses.
The forum showcased the most innovative projects from startups, including Hero Study, an online single-window system for managing and analyzing universities, which won the startup competition The MOST Investable Battle.
Based on the results of the online voting, winners were determined in the categories Fastest Growing Startup of the Year and Discovery of the Year. These startups are GoatChat and Kwakka, which represent an AI chat platform and a service for integrating delivery services into restaurant cash registers.
Special attention was drawn to announcements from the MOST holding company. The company announced the launch of the second venture fund, MOST Ventures Fund II, with a size of $30 million, planned to open in the second half of 2023.
The most ambitious project is the launch of MOST IT CITY. This project, developed in collaboration with TОО Qazaq Stroy, involves the creation of an IT cluster and the development of an ecosystem where companies, startups, investors, and students of the IT university will interact.
Source: bluescreen.kz
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