Top 5 Hardware VC (Venture Capital) Funds in Uzbekistan in January 2026

Last updated: Jan 2026 A list of 5 VC (Venture Capital) funds that invest in Hardware startups based in Uzbekistan. We rank investors based on the number of investments they made in Hardware companies from Uzbekistan. We update this investor list every month.

Top 5 Hardware VC (Venture Capital) Funds in Uzbekistan in January 2026

Investor	Hardware Uzbekistan investments
UzVC National Venture Capital fund	3
Sturgeon Capital	3
Caucasus Ventures	2
Quest Ventures	1
Activat VC	1

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Investor list

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

Investment focus

EdTech, Education, Computer Vision
Seed, Pre-Seed
Uzbekistan, Georgia

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.

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

Investment focus

FinTech, Software, Financial Services
Seed, Series A, Pre-Seed
Uzbekistan, Pakistan, Bangladesh

Portfolio highlights

KLIPY — Discover a wide variety of GIFs, Clips, Stickers, Memes and AI powered content in US. KLIPY makes it easy to find and share your moments.
DealCart — DealCart enables users to buy their favorite products in groups by allowing users to buy in groups and sharing deals on WhatsApp and other social media platforms.
PeopleForce — PeopleForce is one of the BEST and fastest growing online HR Software service provider, we consist of highly qualified and experienced members with dedicated team. we love the fact that our solution and software is making HR service more convenient and easy for our customer. Our Product Include Applicant Tracking Software: Our service help youfind the right person more faster and easier Staff Onboarding: Every phase of onboarding process with a new employer is important. By using our onboarding software you will increase employee retention and save more money and stress. Leave tracking: Leave tracking will help you to easily record leave for holidays, vacations, half-day etc.Electronic signatures: Tool to sign your documentHR Reporting: This prove report on all employee on annual salary and current employment status with date range.Performance management: Measure the effective and efficient manner to employee process that enhances your employee’s performance through aligned goals and development. employee directory: Employer master database, thus providing all the information about employee. Custom workflows: Design a custom workflow to fit your organization needs. At PeopleForce , we understand the difficulties in getting the best hands. We also understand the necessity to use good and reliable software and service. We're here to help all of our customers and their unique needs. PeopleForce we “OFFER THE BEST”

Caucasus Ventures is a venture capital firm.

Investment focus

Artificial Intelligence, Software, Financial Services
Seed, Pre-Seed, Series B
United States, Azerbaijan, Georgia

Portfolio highlights

Clopos — Clopos provides next-generation solutions that simplify and automate work in restaurants and other food businesses, making management more convenient and efficient
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.
Glacies Biome — Discover the Future of Personalized Skincare Powered by Microbiomics & AI

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