ReSkill, Gettik, and Dereknet: 11 startups that received investments over the past month

Innovations are constantly changing the world, creating new opportunities and improving our lives. This month, several startups received investments and awards, confirming their potential and significance. More details in our review.

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Dereknet

Kazakhstani startup Dereknet, specializing in innovative technologies for the digital transformation of industry, has successfully completed its latest funding round. Joint investments from GVA Alatau Fund LLC and MOST Ventures are planned to expand the business in the MENA region and enter the North Sea and North American markets.

Bank4.me

Bank4.me secured investments from US and UAE venture funds — Big Sky Capital and PI Capital Limited. The startup's valuation reached $5,000,000. The investments will be directed toward scaling the business in Uzbekistan and Azerbaijan, and creating more efficient and profitable products in Kazakhstan.

Yaya, Predictory, WeGlobal AI and FinFlow

At the CEVF 2024 Venture Forum, three startups received $20,000 checks for the Startup Battle from forum partner Visa. The first-place winner, receiving a $10,000 check and a trip to the international startup competition in America, World Startup Cup, was the Yaya startup. The second-place winner, with a $7,000 check, was the Predictory startup. The third-place winner, taking home $3,000, was the WeGlobal AI team. Another forum partner, Yandex Cloud, selected a startup to receive cloud storage worth 9,000,000 tenge; this startup was FinFlow.

Kwaaka

The Kwaaka platform, focused on improving online delivery for restaurants, secured an additional $100,000 in investments from MOST Ventures. The raised funds will be directed toward launching new products and forming teams in Uzbekistan and Georgia.

ReSkill

Tajik startup ReSkill is an EdTech project featuring an online platform for machine learning, programming, and design. At the grand finale of the A-Hub acceleration program in Baku, the ReSkill team took second place and won a prize of $8,000.

Leo Parts

Startup Leo Parts, developing the international White Label platform webshop.parts, closed its A+ investment round at $500,000 with a valuation of $15,000,000. Investment company Seven Rivers Capital acted as the Exclusive Arranger, organizing financing from an investor based in the UAE.

Mancho School, Gettik and Mamа Space

In Kyrgyzstan, at the large-scale "Startup-Nation" battle, which brought together teams from Kyrgyzstan, Kazakhstan, and Uzbekistan, participants competed for the grand prize — a trip to America. The winners were three talented teams: Mancho School, Gettik, and Mamа Space.

Courstore

SaaS AI platform for online courses, Courstore, secured $40,000 in investments. In the current funding round, four business angels from Uzbekistan joined the Courstore team: Dilmurod Khodiev, Bakhtiyor Yusupov, Farrukh Maksimov, Sardor Kodirov, along with Aidar Baymakhan from Kazakhstan.