Startups and venture capital funds from Central Eurasia that attracted investments in December 2025

In December, our startups managed to attract both local and international investments, demonstrating that the regional ecosystem is gradually reaching a global level.

Azerbaijan

Push30
Azerbaijani HR-tech/wellness startup Push30 raised $300,000 in investment from the IT Park Ventures venture fund as part of its current funding round. These funds will be directed toward product development, growth in existing markets, and expansion into new ones, including Saudi Arabia and the UAE—a significant expansion in the corporate well-being and digital health region. Earlier in the same round, the White Hill Capital fund also invested an additional $300,000.

Kazakhstan

Defect AI
Kazakh startup Defect AI raised $100,000 in investment from the Jas Ventures venture fund after participating in the NURIS/Quick Start acceleration program and pitch day, where the project presented an artificial intelligence solution for automating medical and routine tasks.

4sell.ai
Kazakh startup 4sell.ai raised $400,000 in investment at a valuation of $4 million. Participants in the round included MA7 Ventures, MOST Accelerator Fund, and Axiom Capital. The team will direct these funds toward developing and implementing its AI platform to improve service quality and increase business revenue, as well as expanding functionality and entering new markets.

rekreate AI
Kazakh startup rekreate AI, which develops an AI-based automated content marketing platform, raised $100,000 in investment from JAS Ventures at a company valuation of $3 million. The funds will be directed toward scaling AI models, developing the enterprise segment, and entering the US market.

Shart Rate
Kazakh LegalTech/FinTech startup received additional investments totaling $500,000 from existing investor Askhat Usmanov at a company valuation of $5 million. The startup has already processed over 1,000 contracts on its platform, and the total volume of protected deals has exceeded 1 billion tenge. Previously, the startup also raised $150,000 in private investments.

Paidax
Kazakh startup Paidax raised investment from the investment company White Hill Capital to develop its product, expand its service line, and enter the MENA market.

Uzbekistan

Bito
Uzbek startup Bito raised investment from the Kazakh venture fund MOST Ventures as part of a bridge round, bringing its valuation to $10 million. The deal involved three parties and included a partial exit by the venture studio Startup Garage. The raised funds will go toward further scaling and developing the digital platform for small and medium-sized businesses, which combines ERP, FinTech, and AI tools within a single ecosystem.

Venture Funds

MOST Accelerator Fund
Alem Ventures Fund invested up to $3 million in MOST Accelerator Fund. The deal aims to support and scale technology startups in Central Asia and the Caucasus, strengthening the positions of both groups as key players in the regional venture market. The investment became an important step in developing the region's venture ecosystem, creating new opportunities for startups and accelerating the growth of technology projects.

Big Sky Capital
On December 5, in Tashkent, the Qazaqstan Venture Group fund of funds, together with UzVC, invested in the Big Sky Capital venture fund, which is forming a second fund with a volume of $50 million. This is the first deal by QVG within the framework of creating a joint venture space for the two countries.