Who invests in startups from Central Asia: an overview of venture funds

Kazakhstan

MOST Ventures
A private venture fund supporting technology entrepreneurs from Central Eurasia who are scaling startups into the global market. The fund invests in projects at the Seed to Series A stages.

Activat VC
A venture company founded in 2014, investing in IT startups using a smart money model, combining financial support with expertise and a partner network. The fund helps projects scale and enter new markets, supporting them at all stages of development.

MA7 Venture
A venture company founded by Murat Abdrahmanov, investing in technology entrepreneurs with a pronounced innovative spirit. The company’s portfolio includes more than 50 startups, including Higgsfield, Zibra AI, and Zeely AI.

Big Sky Capital
An early-stage venture fund investing in B2B solutions in the corporate technology sector. The fund supports founders with ambitious ideas from Southeast Asia, Central Asia, and the USA.

Tumar Venture Fund
The fund helps startups from Central Asia enter the markets of the Middle East and Africa. The hub provides startups with support in the UAE, including registration, licensing, access to investors, partnerships, and participation in acceleration programs.

Freedom Ventures
The company Freedom Ventures Ltd. with a charter capital of 5 billion tenge was created on July 8, 2025, through Freedom Kazakhstan Ltd. and is headed by Olga Baskakova.

BGlobal Ventures
BGlobal Ventures is a subsidiary of JSC “Qazaqstan Investment Corporation,” registered in the International Financial Center “Astana” (IFC “Astana”) and operating under English common law principles. The fund considers projects from Pre-Seed to Series A.

Nomadiq Innovation Hub
An innovative IT hub supporting startups at early and growth stages, helping to overcome growth barriers. They invest in technology startups with the potential for rapid scaling and long-term impact in such areas as FinTech, EdTech, MedTech, AgroTech, energy, and others. The hub provides strategic support and connects startups with international markets in Southeast Asia. The average check amounts to $100,000–$200,000.

Eurasian Hub Ventures
An investment community based in London, supporting technology founders from the Eurasian region. The platform provides startups with strategic support, access to professional networks, and investment capital, helping talented teams realize large-scale ideas and build long-term partnerships.

Silkroad Angels Club
A community of angel investors from Central Eurasia, investing in early-stage technology startups, primarily from the USA. Club members invest in projects at the Pre-Seed and Seed stages, with an average check ranging from $50,000 to $200,000. Special interest is shown in startups in the fields of FinTech, HealthTech, AI, and B2B SaaS that have the potential to enter the global market. 

RS Bootcamp
RS Bootcamp is a venture studio from Kazakhstan focusing on the creation and development of technology startups. It supports projects at early stages, providing the team with expertise, infrastructure, and access to investments.

Astana Hub Ventures
Astana Hub Ventures is a venture fund established at the international IT technopark Astana Hub. Investments are made in technology companies at stages from Pre-Seed to Series A, including areas such as AI, Blockchain, FinTech, EdTech, HealthTech, Gamedev, Spacetech, and others. 

EA Group
EA Group is a large investment company based in Almaty. The holding actively manages assets through venture capital, hedge funds, and portfolio companies, ensuring stable growth and high returns.

Kyrgyzstan

ADVentures
Kyrgyz investor Daniel Abdyldaev supports startups with global ambitions at early stages through the ADVentures venture fund. He invests in projects from Central Eurasia with checks ranging from $10,000 to $100,000, betting on strong teams. His portfolio includes more than 90 companies, including about 20 IT startups.

Accelerate Prosperity
A global initiative of the Aga Khan Development Network in Central and South Asia, aimed at supporting budding entrepreneurs and startups. The program offers individual business coaching, mentoring, acceleration, incubation, access to modern coworking spaces, and flexible financial solutions with preferential terms.

Uzbekistan

AloqaVentures
A venture fund founded by AloqaBank, investing in startups at the Pre-Seed and Seed stages in amounts up to $250,000, with the possibility of participation up to $1 million. The fund supports projects in the fields of FinTech, e-commerce, AI, SmartTech, and is also open to new ideas outside these industries.

IT Park Ventures
The first state venture fund in Uzbekistan, created to support startups with Uzbek roots at early stages and scale them into global markets. The fund invests up to $1 million in the fields of AI, FinTech, EdTech, GreenTech, GameDev, and DeepTech.

UzVC
The national venture fund UzVC supports startups in Uzbekistan, acting as a link between the state and the private sector, developing business incubation, acceleration, and the venture ecosystem. 

Startup Garage
A venture studio from Uzbekistan, investing from $5,000 to $100,000 in early-stage startups. Since its founding, it has supported more than 150 projects in the fields of B2B SaaS, artificial intelligence, EdTech, and FinTech.

Tajikistan 

FIFTYFIVE GROUP
An investment management company operating since 2010 and implementing projects in Tajikistan, Uzbekistan, Russia, China, the UAE, and Kazakhstan. The group invests in finance, sports, aviation, startups, clothing, and public catering, supporting both commercial and social initiatives.

Worldwide

Plug and Play Tech Center
Plug and Play operates in more than 50 countries and supports innovation in such areas as FinTech, healthcare, smart cities, artificial intelligence, agritech, and others.

DOMiNO Ventures
A venture fund investing in technology startups at early and growth stages from Eastern Europe, Central Asia, and the Caucasus. The fund supports ambitious founders building global digital solutions in the fields of AI, DeepTech, CleanTech, and others. 

Sabah Angels Club
An investor community bringing together startups, operators, and business angels to create global impact. Members gain access to training, deal screening, and the opportunity to invest in promising startups worldwide.

500 Global
A venture company with $2.3 billion in assets under management, investing in ambitious founders worldwide. Focusing on fast-growing technology startups in the USA and global markets, the fund has supported more than 3,000 companies, including 35 unicorns.

Sturgeon Capital
A venture company investing at early stages in technology startups in emerging markets, including Central Asia, South Asia, and the Caucasus. Focused on FinTech, logistics, digital health, and B2B services.