In Uzbekistan, the Imkon Ventures venture fund has been launched to support startups.

Imkon Ventures, an early-stage venture fund with a capital of $5 million focused on investing in Pre-seed and Seed stage startups, has been launched in Uzbekistan.

The fund was co-founded by venture investor Takhir Mirzadjanov from Qatar and Mukhammad Khalil, founder of Startup Garage and Managing Partner of Imkon Ventures. The fund will invest in startups in the fields of FinTech, AI, B2B SaaS, and DeepTech, with a focus on projects with cross-border growth potential. The initiative aims to serve as a bridge between Central Asia and the MENA regions, facilitating the integration of Uzbek teams into the global technology ecosystem.

Over the next two years, Imkon Ventures plans to invest in 25-30 startups, providing funding ranging from $50,000 to $150,000 per company. Additional round participation is available for the most promising projects. The launch of the fund is expected to create over 1,000 jobs for highly qualified specialists by 2030 and have a long-term impact on the development of digital infrastructure and human capital in the country.

The anchor investor in the fund is UzVC, Uzbekistan's state fund of funds. This confirms the strategic importance of the project and strengthens trust among international institutional partners. The fund's launch was officially announced at the Asian Development Bank's conference on small and medium-sized enterprises, drawing attention from the global venture community.

In the long term, Imkon Ventures aims to foster the emergence of Uzbekistan's first technological "unicorns" and strengthen the country's position as a key player in the regional innovation economy.

Imkon Ventures is an early-stage fund founded by Takhir Mirzadjanov and Mukhammad Khalil, investing in promising startups in Uzbekistan, Central Asia, and the MENA region. Through close collaboration with venture studios and institutional investors, the fund provides capital, strategic support, and access to cross-border growth opportunities.