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Top 5 Hardware Startup Investors in Uzbekistan (June 2026)

The most active venture capital funds and angel investors investing in Uzbekistan Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uzbekistan Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sturgeon Capital
VC Fund
3 Uzbekistan, Pakistan, Bangladesh Seed, Series A, Pre-Seed FinTech, Software, E-Commerce $100k–$17M
UzVC National Venture Capital fund
VC Fund
3 Uzbekistan, Georgia Seed, Pre-Seed EdTech, Education, Computer Vision $100k–$1.7M
Caucasus Ventures
VC Fund
2 United States, Georgia, Azerbaijan Seed, Pre-Seed, Series B Artificial Intelligence, Software, Financial Services $50k–$2.5M
Anvarjon Musaev
Angel
1 Uzbekistan Pre-Seed Software, Cloud Storage, Private Cloud
Quest Ventures
VC Fund
1 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
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Investor list

Sturgeon Capital
VC Fund · London, England, United Kingdom · 3 investments in Uzbekistan Hardware startups

Unique investment funds for those who believe the best opportunities for profit, impact, and innovation can be found in frontier & emerging markets.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Uzbekistan, Pakistan, Bangladesh

Investor stats

  • Total investments: 36
  • Round size: Seed $100k–$5.4M; Pre-Seed $268k–$1.5M; Series A $2.1M–$17M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Cargon — A simple, fast and innovative industry leading service with powerful analytical tools.
  • Trukkr — Real-time fleet tracking, route optimization, and ERP integration for logistics companies. Transform your supply chain operations today.
  • Datacultr — Datacultr is a leading digital debt collection and risk management platform with Device Financing Solutions for Banks, NBFCs, FinTechs, Telcos, and MFIs.
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UzVC National Venture Capital fund
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 3 investments in Uzbekistan Hardware startups

UzVC is a state fund of funds to develop the local VC and a startup ecosystem.

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Investment focus

  • Industry: EdTech, Education, Computer Vision
  • Stage:Seed, Pre-Seed
  • Geography: Uzbekistan, Georgia

Investor stats

  • Total investments: 7
  • Round size: Seed $100k–$1.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cargon — A simple, fast and innovative industry leading service with powerful analytical tools.
  • Mohirdev — Mohirdev is an online education platform aiming to provide high quality education materials to future engineers.
  • TASS Vision — A startup company specializing in computer vision based on artificial intelligence and embedded technologies. The company develops and implements technologies such as recognition, detection, tracking and classification, which runs on small embedded computers. In other words: A company that is essentially your second eyes.The company was foundedin 2019.
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Caucasus Ventures
VC Fund · Baku, Baki, Azerbaijan · 2 investments in Uzbekistan Hardware startups

Caucasus Ventures is a venture capital firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Georgia, Azerbaijan

Investor stats

  • Total investments: 38
  • Round size: Seed $106k–$1.7M; Pre-Seed $50k–$2.5M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • KLIPY — Discover KLIPY, the largest library of localized GIFs, Memes, Stickers and Clips! Make your conversations fun and expressive with the best content.
  • Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
  • TASS Vision — A startup company specializing in computer vision based on artificial intelligence and embedded technologies. The company develops and implements technologies such as recognition, detection, tracking and classification, which runs on small embedded computers. In other words: A company that is essentially your second eyes.The company was foundedin 2019.
Show all investments...

Anvarjon Musaev
Angel · 1 investments in Uzbekistan Hardware 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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Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan Hardware startups

Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Malaysia, Kazakhstan

Investor stats

  • Total investments: 110
  • Round size: Seed $50k–$5M; Pre-Seed $50k–$64k; Series A $1.8M–$10M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $7.5M in 2021

Portfolio highlights

  • Howuku — Use Howuku to literally see what your web visitors are doing on your website with tools, such as heatmaps, A/B testing, recordings & more.
  • GuruInovatif — Kembangkan skill mengajar Anda untuk kemajuan pendidikan Indonesia bersama para trainer yang berpengalaman pada bidangnya di Guruinovatif.id
  • Midwest Composites — Midwest Composites specializes in carbon fiber, glass fiber and natural fiber fabrication for the aerospace, automotive, military and mass transit industry.
Show all investments...

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