Top 5 Internet VC Funds &amp; Investors in Kazakhstan (August 2026)

I2BF Global Ventures is an international venture capital firm with a global investment mandate. Established in 2005, I2BF Global Ventures has $400M+ under managment and it is currently investing from its fifth fund.The mission of I2BF Global Ventures is to seek out innovative and competitive companies across SaaS, Hardware Enabled B2B solutions(AI, IoT, AR, VR, robotics, RPA & automation), Digital Healthcare, and New Media, which it believes can lead the path to a brighter future. Since the first investment in 2006, I2BF Global Ventures has successfully backed 60+ startups and exited 12 companies.In keeping with its worldwide investment focus, I2BF Global Ventures retains a team of technology and sector experts in New York, London, and Los Angeles. This impressive team ensures a truly global venture capital strategy and a hands-on management approach.

Investment focus

Industry: Software, SaaS, Information Technology
Stage:Seed, Series A
Geography: United States, United Kingdom, Canada

Investor stats

Total investments: 176
Round size: Seed $900k–$6M; Series A $4M–$23M
Lead/follow: 11% lead, 89% follow
Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

VenueBook — VenueBook is a marketplace to create a seamless, transactional digital event planning experience. It allows event planners and venue managers to work together in a digitized, collaborative environment. The company also assists with streamlining every step of your event planning process, from inquiry to the actual event, by allowing alltransactions to occur within one comprehensive online space making the communication process simple and the event management process easy.VenueBook is dedicated to making the event process simple, quick, and most importantly painless. The company provides comprehensive cloud-based SaaS support for venues looking to optimize their events business and support people looking to book events by creating a one-stop-shop where they can research, communicate, book, and pay for their events, all online.VeneuBook was founded in 2010 and is headquartered in New York, NY, USA.
Calibre — Shaping the future of testing, inspection and certification. Powered by AI. Built for TIC.
Seren Photonics — Seren Photonics Ltd has developed a manufacturing procedure that greatly increases the intensity of light generated at the heart of a HBLED at negligable cost to the manufacturer. The technology has been applied to standard HBLED structures and so far has demonstrated between 100% to 900% increase in light generation compared to unprocessed diodes.The technology is based on the work of Dr Tao Wang and the EPSRC National III-V Centre attached to the School of Engineering, University of Sheffield.

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Avito is a classified advertisements platform that allows users to buy and sell used cars, clothes, real estate, and other accessories. The Buyers and sellers use its line of business for the exchange of products and services such as coins, collectibles, computers, memorabilia, stamps, and toys, as well as concert and sporting tickets. JonasNordlanderr and Filip Engelbert founded Avito in 2007. Its headquarters is in Moscow in the Russian Federation.

Investment focus

Industry: Internet, Software, Mobile Apps
Stage:Corporate Round
Geography: Kazakhstan

Investor stats

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

Portfolio highlights

HR Messenger — Chatbots and chat interfaces for HRs

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Baring Vostok Capital Partners Limited is a venture capital and private equity firm based in Russia. It invests on early venture, acquisitions, buy-outs, growth capital, later-stage, mid-market, and medium-sized enterprises that operate in sectors such as natural resource extraction, particularly oil and gas; competitive industrial companiesthat operate in local or export markets; mass media and telecommunications; utilities; construction materials; specialty manufacturing; real estate development; residential real estate development; internet; software; retail; and service management. Baring Vostok Capital Partners was founded in 1994 and is based in Moscow, Russia with additional offices in Limassol, Cyprus and Gernsi, Channel Islands.

Investment focus

Industry: Internet, E-Commerce, Software
Stage:Private Equity, Series B
Geography: Russian Federation, United States, Poland

Investor stats

Total investments: 63
Round size: Series B $9M–$75M; Private Equity $13M–$200M
Lead/follow: 46% lead, 54% follow

Portfolio highlights

Kodland — We teach children a practical skill that will be useful in the future: computer literacy creation of sites and games, programming. Classes are held online, and instead of boring tests, children create real projects.
Ozon — leading e-commerce platform in Russia, first russian marketplace
EVAA Protocol — The first decentralized lending protocol on TON that lets users lend or borrow assets without going to a centralized intermediary.

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Investment, Consulting

Investment focus

Industry: Artificial Intelligence, Machine Learning, Robotics
Stage:Secondary Market, Series A, Series C
Geography: United States, Kazakhstan, Canada

Investor stats

Total investments: 15
Round size: Series A $800k–$415M; Series C $300M–$450M
Lead/follow: 13% lead, 87% follow

Portfolio highlights

Lambda — GPU Workstations, GPU Servers, GPU Laptops, and GPU Cloud for Deep Learning & AI. RTX 3090, RTX 3080, RTX A4000, RTX A5000, RTX A6000, and A100 Options. Ubuntu, TensorFlow, and PyTorch Pre-Installed.
Applied Intuition — Applied Intuition enables engineering and product development teams to safely develop, test, and deploy autonomous vehicles at scale.
Crusoe — Crusoe provides next-gen AI infrastructure and cloud compute using an energy-first approach. Deploy AI workloads at scale with reliable performance and 24/7 support.

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