Nomad Venture Studio from Kazakhstan has attracted $100 million in investments from Singapore
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The Kazakh company Nomad Venture Studio (NVS) received $100 million from Singapore-based PvX Partners. NVS's monthly revenue has reached $3 million, and founders Miras Sovetov and Margulan Ermek plan to exceed $100 million within 6–12 months. The key product is the JobEscape platform, which is used by users from 173 countries.
Kazakhstani entrepreneurs have created a technology company that earns millions of dollars on the international market and has now secured access to $100 million in funding from Singapore-based PvX Partners.
Nomad Venture Studio, a Kazakhstani company that develops applications using artificial intelligence. In just two years, its monthly revenue reached $3 million, and its products are used by people around the world.
Miras Sovetov, co-founder and CEO of Nomad Venture Studio, NVS
This is the largest deal in the history of Nomad Venture Studio and one of the largest for our partner. For us, this is not just funding, but confirmation that international partners believe in the potential of Kazakhstani technology companies. The funds received will allow us to enter new markets, launch new products, and significantly accelerate growth. We intend to become one of the world leaders in the field of consumer applications and expect that within the next 6-12 months, the company's revenue will exceed $100 million.
The feature of the agreement with PvX Partners is that these are not ordinary investments, for which entrepreneurs have to give up a share in the business. The Singaporean financial company provides funds for attracting new users, and NVS will repay them from the revenue generated by these users.
Thus, the Kazakhstani team will be able to invest significantly more money into promoting their products while retaining control over the business.
Behind Nomad Venture Studio are Kazakhstani entrepreneurs Miras Sovetov and Margulan Ermek. They created a company that develops applications for users around the world.
The team's most successful project is JobEscape. This is an educational platform that helps people master artificial intelligence and learn how to apply it in their work. For example, creating AI assistants, automating daily tasks, and using new technologies to earn money and develop their careers.
Today, JobEscape brings the company about $3 million in monthly revenue. The platform is used by people from 173 countries, and educational materials are available in more than 19 languages.
NVS creates not only products using artificial intelligence but also applies AI to develop its own business. The team developed the Console AI system, which helps find new clients, create advertising, and evaluate its effectiveness.
For example, if a company launches thousands of advertisements, artificial intelligence helps determine which of them actually attract buyers and which only consume the budget.
According to NVS, the team tests about 50 thousand advertisements annually, and its own technology allows automating up to 70% of manual work on advertising materials.
Thanks to this, the company can find clients faster and spend money more efficiently on promoting its applications.
Today, more than 70 specialists work at Nomad Venture Studio. In addition to JobEscape, the team is developing the 7ART platform, which allows creating images, videos, and other content using artificial intelligence, as well as the children's application Kidling. NVS intends not only to create new applications but also to purchase existing digital products, improve them using its own technologies, and bring them to the international market.
Another area of NVS development is team expansion. Today, the company employs developers, AI engineers, designers, product specialists, and digital marketing experts. At the same time, this involves working on international projects used by people around the world.
The company's development opens up new opportunities for Kazakhstani IT specialists who want to participate in creating global technology products without leaving the country. NVS strives to unite strong specialists and develop a team in Kazakhstan capable of competing in the international market.
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