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Top 10 Enterprise Startup Investors in Uzbekistan (October 2026)

The most active venture capital funds and angel investors investing in Uzbekistan Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uzbekistan Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
FinSight Ventures
VC Fund
2 United States, India, Russian Federation Seed, Series A, Pre-Seed Financial Services, FinTech, Artificial Intelligence $500k–$52M
IT PARK Ventures
VC Fund
2 Uzbekistan, United States, Bulgaria Seed, Venture - Series Unknown, Grant Software, E-Commerce, Mobile Apps $100k–$400k
Hamkorbank
VC Fund
1 Uzbekistan Debt Financing Travel, Tourism, Tour Operator $800k–$2M
Anvarjon Musaev
Angel
1 Uzbekistan Pre-Seed Software, Cloud Storage, Private Cloud
Activat VC
VC Fund
1 United States, Kazakhstan, Uzbekistan Seed, Pre-Seed Software, Artificial Intelligence, SaaS $80k–$2M
Ipoteka Bank
VC Fund
1 Uzbekistan Debt Financing Manufacturing, Retail, Automotive $10M–$50M
VR Capital Group
VC Fund
1 Uzbekistan Series A, Venture - Series Unknown Software, Digital Marketing, Business Development
Tencent
VC Fund
1 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3M–$418M
Xanara
VC Fund
1 Uzbekistan Series A Software, Digital Marketing, Business Development
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Investor list

European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Uzbekistan Enterprise startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 502
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$247M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Infinity Power — Infinity Power is the largest African renewable energy company, offering innovative solutions in solar power, wind energy, and low-carbon hydrogen technologies. Discover our projects and commitment to sustainable energy solutions.
  • Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.
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FinSight Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Uzbekistan Enterprise startups

Capital + Hiring + Infrastructure

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Investment focus

  • Industry: Financial Services, FinTech, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Russian Federation

Investor stats

  • Total investments: 68
  • Round size: Seed $500k–$6M; Pre-Seed $500k–$3M; Series A $1.6M–$52M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9M in 2026

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
  • Visa2Fly — Online visa application- Apply for a tourist visa online to top destinations like Dubai, UK, USA, Singapore, etc. hassle-free with Visa2fly. 99.3% approval rate, fast processing.
  • xRobotics — Smallest and powerful pizza-making robot in the world. Top 3 ingredients: sauce, cheese and pepperoni. Adjustable volume 100-300 pizzas per hour.
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IT PARK Ventures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 2 investments in Uzbekistan Enterprise startups, 14 in the past 12 months

Venture fund for startups in Central Asia. AI-powered evaluation.

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Investment focus

  • Industry: Software, E-Commerce, Mobile Apps
  • Stage:Seed, Venture - Series Unknown, Grant
  • Geography: Uzbekistan, United States, Bulgaria

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$400k
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Bigmart — Bigmart operates a localized digital B2B marketplace platform tailored to streamline corporate procurement workflows for businesses. The company provides a unified single-window platform that aggregates office, cleaning, electronic, grocery, and furniture supplies directly from verified manufacturers, distributors, and dealers. Its value proposition centres on eliminating bureaucratic overhead and scattered spreadsheets by introducing transparent automated invoicing, cashless B2B settlement integration, next-day logistics, and digital documentation.
  • Tezbor.uz — Tezbor.uz is a logistics company that provides delivery and logistics service across region for businesses.
  • UrbanDrive — UrbanDrive operates a digital automotive marketplace and fintech ecosystem that streamlines the vehicle acquisition process. The integrated mobile and web platform unifies global car manufacturers, multi-brand auto dealerships, insurance firms, and financial institutions into a centralized digital storefront. Its value proposition centres on replacing traditional dealership friction with an end-to-end digital sales cycle, allowing buyers to select vehicles and secure tailored transaction settlements via structured credit, zero-interest installments, or leasing packages.
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Hamkorbank
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Uzbekistan Enterprise startups

Hamkorbank is a universal bank that provides a wide range of banking services such as credit, deposit taking, cash and money transfer.

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Investment focus

  • Industry: Travel, Tourism, Tour Operator
  • Stage:Debt Financing
  • Geography: Uzbekistan

Investor stats

  • Total investments: 2
  • Round size: Debt Financing $800k–$2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • YaponaMama — YaponaMama is a pan-asian fusion cuisine.
  • Dolores Travel Services — Dolores Travel Group provides segment travel services - hotel reservations in Uzbekistan & transfers, as well as tours to Uzbekistan.
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Anvarjon Musaev
Angel · 1 investments in Uzbekistan Enterprise startups

Anvarjon Musaev

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Investment focus

  • Industry: Software, Cloud Storage, Private Cloud
  • Stage:Pre-Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hyper App - Enterprise Cloud — Central Asian Enterprise Cloud Service Provider powered by Gartner's best stack of technologies. Hyper App is the cloud that gives the freedom and power for executing online projects on fast and secure way.
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Activat VC
VC Fund · 1 investments in Uzbekistan Enterprise startups

Venture Fund

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, Kazakhstan, Uzbekistan

Investor stats

  • Total investments: 28
  • Round size: Seed $250k–$2M; Pre-Seed $80k–$2M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Behype — Behype is a marketplace platform that help the creators to create content, promoting and advertising projects.
  • Aino — Aino is a location intelligence tool that enables businesses to analyze spatial data in just minutes. Aino saves hundreds of hours on data work for real estate, retail, urban planning, and geo-marketing companies.
  • MoonAI Inc — MoonAI enables businesses to deploy no-code AI agents—referred to as “AI salespersons”—within one day, with no installation cost. These agents automate lead qualification, escalate warm leads to managers, schedule meetings, and integrate with CRMs, messaging platforms.The solution operates 24/7, supports multiple languages (includingRussian, English, and informal Kazakh), and processes customer interactions in just seconds. It has helped companies double the volume of processed inquiries, reduce response times from minutes to seconds, and even autonomously close a portion of leads—all while reducing sales team workload and improving customer satisfaction.
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Ipoteka Bank
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Uzbekistan Enterprise startups

Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan.

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Investment focus

  • Industry: Manufacturing, Retail, Automotive
  • Stage:Debt Financing
  • Geography: Uzbekistan

Investor stats

  • Total investments: 2
  • Round size: Debt Financing $10M–$50M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Vades Group — Vades Group is a telecommunications company that manufactures microprocessor cards, banking cards, identity documents, and related products.
  • UzAuto Motors — UzAuto Motors is an automotive company that specializes in the production of vehicles. The company offers a range of cars under the brand name Chevrolet Ravon. UzAuto Motors is also involved in the supply chain management of automotive parts. The company operates with a workforce of approximately 4925 employees. UzAuto Motors maintains an officialwebsite and social media presence where they provide updates and information about their products and services.
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VR Capital Group
VC Fund · New York, New York, United States · 1 investments in Uzbekistan Enterprise startups

VR Capital Group offers global emerging markets, distressed securities, employment opportunities and asset management services.

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Investment focus

  • Industry: Software, Digital Marketing, Business Development
  • Stage:Series A, Venture - Series Unknown
  • Geography: Uzbekistan

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 1 investments in Uzbekistan Enterprise startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 873
  • Round size: Series A $3M–$157M; Series B $15M–$256M; Series C $23M–$418M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BYJU'S — BYJU’S is a global ed-tech company that provides highly adaptive, engaging, and effective learning solutions to more than 150 million students around the world. Founded in India in 2011, BYJU's mission is to make high-quality learning accessible to students everywhere.The BYJU's family of brands includes Disney-BYJU's Early Learn,BYJU's FutureSchool, Epic!, Osmo, Tynker, Toppr, and WhiteHat Jr., along with the company’s beloved flagship product, BYJU's: The Learning App. Together, BYJU's solutions support pre-K–12 education and a wide range of competitive exams.BYJU’S delivers a world-class learning experience with tools that sit at the crossroads of mobile, interactive content, and personalized learning methodologies. Byju's geography-agnostic solutions and 12,000+ teachers make learning engaging with visual and contextual programs that adapt to the unique learning style, skill level, and pace of each student. In addition, BYJU’S has innovative partnerships with some of the world's largest companies, including Disney and Google, to drive engagement and help even more students become active and lifelong learners.BYJU’S is backed by blue-chip investors including the Chan-Zuckerberg Initiative, Sequoia Capital, Bond Capital, Silver Lake, BlackRock, Sands Capital Management, Alkeon Capital Management, Sofina, Verlinvest, Tencent, Prosus (previously Naspers Ventures), CPPIB, General Atlantic, Tiger Global, Qatar Investment Authority, Owl Ventures, Lightspeed Venture Partners, Times Internet, Aarin Capital, and IFC. Since 2017, BYJU’S has completed more than 15 acquisitions, including companies in the U.S., UK, Austria, India, and Singapore. A 2021 Time 100 Most Influential Company, BYJU’S is headquartered in India, with operations in more than 21 countries globally and learning programs in more than 8 languages.
  • Utaite — Utaite is an operator of an entertainment platform that focuses on planning, production, and development of entertainment content.
  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
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Xanara
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Uzbekistan Enterprise startups

Award-winning multi-family office, winner of Best Portfolio Management 2024. We offer Wealth Management, Investment Advisory & Asset Management.

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Investment focus

  • Industry: Software, Digital Marketing, Business Development
  • Stage:Series A
  • Geography: Uzbekistan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uzum — Uzum is a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks.
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Enterprise Investor funding in Uzbekistan at a glance

Stats across 25 deals from 17 investors.

17
investors
in Uzbekistan Enterprise startups
25
deals
in Uzbekistan Enterprise startups
$100k
median round
in Uzbekistan Enterprise startups
82%
lead investors
lead at least one round
52%
Non-equity Assistance
most common funding stage
94/6
VC / Angel
share of investor count

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