Tech Garden transferred its venture fund to the management of MOST Investments

The leading innovation hub for the development of Industry 4.0 technologies in Central Asia, the Autonomous Cluster Fund "Park of Innovative Technologies," operating under the brand Tech Garden, announces the resumption of venture investments through GVA Alatau Fund LLC.

MOST Investments LTD has been selected as the managing partner to efficiently manage funds intended for the development of industrial and innovative activities in Kazakhstan. MOST already manages its own venture fund, MOST Ventures, which is part of the broader private ecosystem.

GVA Alatau Fund LLC will primarily focus on investing in industrial startups based in Kazakhstan and the Central Eurasian region, as well as companies founded by entrepreneurs from this region. Additionally, startups from Central and Eastern Europe will be considered.

GVA Alatau Fund LLC plans to invest over a five-year investment period, providing investments to each company at various stages of development. The investment approach will focus on Industry 4.0, with the possibility of considering other IT sectors upon approval by the managing partner and fund shareholders.

Average investment checks:

Pre-Seed: average investment size from $50,000 to $150,000

Seed: average investment size from $150,000 to $300,000

Series A: average investment size from $250,000 to $750,000