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Top 50 Startup Investors in Kazakhstan (July 2026)

The most active venture capital funds and angel investors investing in Kazakhstan startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kazakhstan startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Quest Ventures
VC Fund
16 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
Big Sky Capital
VC Fund
7 Kazakhstan, Singapore, United States Seed, Pre-Seed, Series A SaaS, Artificial Intelligence, Software $235k–$4.1M
Murat Abdrakhmanov
Angel
7 United States, Kazakhstan, Ukraine Seed, Pre-Seed, Angel Software, Artificial Intelligence, SaaS $305k–$2M
Talgat Ismail
Angel
4 Kazakhstan, Germany, United States Pre-Seed, Seed, Angel Software, E-Learning, Apps $76k–$1.6M
Bas Godska
Angel
3 United States, The Netherlands, United Kingdom Pre-Seed, Seed, Angel Software, SaaS, E-Commerce $85k–$2M
UMAY Angels Club
VC Fund
3 Kazakhstan Seed, Pre-Seed Mining, Software, Analytics $500k–$4.1M
Timur Turlov
Angel
3 Kazakhstan Seed, Series A Medical, Software, Logistics $700k–$4.1M
EA Ventures
VC Fund
3 Kazakhstan, Spain, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Finance $1.7M–$20M
MyVentures VC
VC Fund
3 Kazakhstan, United States Pre-Seed, Seed Analytics, Software, SaaS $75k–$600k
LocalGlobe
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
Activat VC
VC Fund
2 Uzbekistan, United States, Kazakhstan Seed, Pre-Seed SaaS, Artificial Intelligence, Information Technology $150k–$2M
Bank 'CenterCredit
VC Fund
2 Kazakhstan, Cyprus Post-IPO Debt, Debt Financing Mining, Furniture, Manufacturing $1.1M–$220M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $5M–$238M
TMT Investments
VC Fund
2 United States, Estonia, United Kingdom Seed, Series A Software, SaaS, Social Media $250k–$10M
I2BF Global Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A Software, SaaS, Information Technology $900k–$23M
Askar Dostiyarov
Angel
2 Kazakhstan Seed, Angel FinTech, Payments, Mobile Apps
Adil Nurgozhin
Angel
2 Kazakhstan, Singapore, United Kingdom Seed, Pre-Seed SaaS, EdTech, FinTech $235k–$700k
MOST Ventures
VC Fund
2 Kazakhstan, United States, United Kingdom Pre-Seed SaaS, Software, B2B
Orbit Ventures
VC Fund
2 United States, Egypt, United Arab Emirates Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $100k–$12M
Saltanat Kudaikulova
Angel
1 Kazakhstan Pre-Seed Software, Information Services, Information Technology
Evgeny Chebatkov
Angel
1 Kazakhstan Pre-Seed Video, Creative Agency, Artificial Intelligence
Seven Rivers Capital LTD
VC Fund
1 United States, Canada, Pakistan Secondary Market, Series A, Series C Artificial Intelligence, Machine Learning, Robotics $800k–$450M
Chris Howard
Angel
1 United States, Canada, Kazakhstan Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1.8M–$18M
ABC-I2BF
VC Fund
1 Kazakhstan, United States Pre-Seed, Seed EdTech, Computer, Software $75k–$500k
Eurasian Hub Ventures
VC Fund
1 Kazakhstan, United States Seed, Pre-Seed Software, Artificial Intelligence, B2B
Astana Hub
VC Fund
1 Kazakhstan, Tajikistan, United States Seed, Pre-Seed Artificial Intelligence, SaaS, Sales $750k–$3M
Ventures Together
VC Fund
1 United Kingdom, United States, France Pre-Seed, Seed, Series A Software, Artificial Intelligence, Manufacturing $539k–$6.6M
Madiyar Tuleuov
Angel
1 Kazakhstan Seed SaaS, Food Delivery, Food and Beverage
No Label Ventures
VC Fund
1 France, United Kingdom, United States Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $1.5M–$8.6M
Thomas Wolf
Angel
1 United States, France, Germany Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $799k–$100M
Sawiris Family Office
VC Fund
1 Egypt, Germany, Kazakhstan Seed, Series A, Series B Finance, Lending, CleanTech
GEM Capital
VC Fund
1 Cyprus, United States, Israel Seed, Pre-Seed, Series A Gaming, Video Games, PC Games $400k–$20M
EA Group Holding
VC Fund
1 Kazakhstan, United States Seed, Pre-Seed B2B, SaaS, Fitness $1.7M–$2M
Autotelic Ventures
VC Fund
1 Kazakhstan Seed PC Games
Yeldar Tolesh
Angel
1 Kazakhstan Pre-Seed Software, Business Process Automation (BPA)
Rakhimbayev Family Office
VC Fund
1 Kazakhstan Seed FinTech, Payments, Mobile Apps
MA7 Ventures
VC Fund
1 Ukraine, Kazakhstan Seed, Pre-Seed, Series A FinTech, Medical, Payments
Andrena Ventures
VC Fund
1 France, Ireland, Kazakhstan Pre-Seed, Seed, Series A Software, Information Technology, SaaS $1.5M–$3M
Gustav Söderström
Angel
1 Sweden, United States, Germany Seed, Angel, Series A Software, B2B, Internet $328k–$15M
Azamat Bissenov
Angel
1 Kazakhstan Pre-Seed Software, Information Services, Information Technology
Kulveer Taggar
Angel
1 United States, Canada, Kazakhstan Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $500k–$16M
Bakht Niyazov
Angel
1 Kazakhstan, United States Pre-Seed Marketing, E-Commerce, Marketplace $127k–$560k
Syrym Kaireshev
Angel
1 Kazakhstan Pre-Seed Software, Information Services, Information Technology
Baring Vostok Capital Partners
VC Fund
1 Russian Federation, United States, Poland Private Equity, Series B Internet, Software, E-Commerce $9M–$200M
Ermek Ashkenov
Angel
1 Kazakhstan Seed FinTech, Payments, Mobile Apps
Margulan Seissembai
Angel
1 Kazakhstan Pre-Seed Social Media, Social Network, Web Development
Heroic Ventures
VC Fund
1 United States, France, Israel Seed, Series A, Pre-Seed Software, Internet, Information Technology $120k–$30M
MostVentures
VC Fund
1 Kazakhstan Seed Automotive
Marlen Shokhitbayev
Angel
1 Kazakhstan Pre-Seed Software, Information Services, Information Technology
Olzhas Akbayev
Angel
1 Kazakhstan Seed SaaS, Food Delivery, Food and Beverage
Access all 117 investors in Kazakhstan startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 16 investments in Kazakhstan 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: 126
  • Round size: Seed $50k–$3.5M; 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

  • BILLZ — More than 60% of retailers in developing countries are still use papers, excel sheets or outdated software. We are here to digitize the stores and power them with technology to perform on the best level both online & offline.BILLZ is the all in one retail management platform for small & medium sized businesses powered with POS, inventorymanagement, CRM, analytics, E-commerce & financial tools to sustain in a new digital world.
  • CoFab — AI-powered quoting automation agent for high-end manufacturing industries
  • NodeFlair — NodeFlair aims to help tech talents make better career decisions through jobs, salaries, reviews, company insights, and more
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Big Sky Capital
VC Fund · Miami, Florida, United States · 7 investments in Kazakhstan startups

At Big Sky Capital, we invest in exceptional founders in emerging markets building disruptive SaaS solutions for enterprise. Our firm is based on core set of principles with Founder First mentality. As serial entrepreneurs ourselves, we understand the intricacies of early stage company growth and our goal is to build a VC firm that supports thefounders with action.Our Fund I size is $20M.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $250k–$4.1M; Pre-Seed $235k–$1.5M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • 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.
  • CrediLinq.Ai — CrediLinq.Ai is revolutionizing SME lending using AI and machine learning. They Linq artificial intelligence & machine learning with credit underwriting.
  • Investbanq — Investbanq is an AI-powered Wealth Management Platform serving Asset Managers, Banks, Family Offices, and High-Net-Worth Individuals (Digital Family Offices). We are empowering traditional financial institutions to rapidly transform into AI-driven WealthTech players, enabling them to effectively capitalize on the growing wealth transfer to affluentmillennials and other digital natives.In recognition of our innovation, Investbanq was awarded "Best WealthTech Solution — Artificial Intelligence" at the Global Private Banker WealthTech Awards 2025. Our mission is to make wealth more accessible and inclusive by transforming how it’s managed.
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Murat Abdrakhmanov
Angel · 7 investments in Kazakhstan startups

Murat Abdrakhmanov is a co-investor at 2C2P. Attended Fuqua Executive school of bussines.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $500k–$2M; Pre-Seed $305k–$2M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • GoDays — AI-driven Continuous passive and active analytical tool, preventing burnout of employees. Continuous well-being based on passive collaboration data, sentiment analytics.
  • PLATMA — PLATMA is a workspace for developing low/no-code solutions with ready-made constructors that reduce the need for large resources and decrease time to market
  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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Talgat Ismail
Angel · Almaty, Almaty City, Kazakhstan · 4 investments in Kazakhstan startups

Talgat Ismail

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Investment focus

  • Industry: Software, E-Learning, Apps
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Kazakhstan, Germany, United States

Investor stats

  • Total investments: 8
  • Round size: Pre-Seed $76k–$1.6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Parqour — Parqour is a smart parking management solution provider that integrates any parking hardware and mobile app to create a completely contactless experience. Parqour assists in the digitization of parking operations by deploying smart parking technologies and online payment methods. As a consequence, our partners save money on operations whileincreasing customer happiness and revenue.
  • Clockster — We help small and medium businesses cut HR overhead by automating payroll, attendance and more at no cost
  • OneVision
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Bas Godska
Angel · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Kazakhstan startups

Founder Acrobator Ventures, Tech Investment Fund. Founder Acrobator.com, growth hack and marketing advisory firm. Co-Founder Netherlands for Ukraine Foundation (NL4UA.org) supporting Ukrainians affected by the war since 2022. Digital Dutchman, entrepreneur-turned-investor. eCommerce expert, growth hacker and marketeer since 2000. Assisted 100+companies worldwide as CMO, MD, board advisor, consultant. Ranked #1 Foreign Angel Investor in Russia (EWDN); Top 10 Angel Investor (Firrma.ru/SLON), Crunchbase: #1 Dutch (2019) & Top 50 EU angel investor. Techcrunch / Crunchbase: "Bas Godska is one of the most prolific Western investors in Eastern Europe." Bas' Angel Fund (>EUR 100mn AUM) ranked by PitchBook as #2 in success by IRR (2021). Top 50 SuperAngel worldwide (Arete Index, 2024-25)Roles Europe/Russia/CIS (2003-2019): CMO lastminute.com ; Country Manager Sportingbet ; CMO Europe Ebookers.com / Orbitz.com ; MD Gogol Media. CMO / dep. CEO Ozon.ru ; VP Marketing Gloria Jeans ; CMO Lamoda.ru (Rocket Internet) ; CMO Digital KupiVIP.ru ; eCommerce Director a.i. Enter | Svyaznoi ; MD myThings.com ; Guest Lecturer Digital Marketing at Skolkovo MSM MBA (2013), Guest lecturer Stanford IGC Exec MBAAngel investor in decacorn Miro, Harver (exit to Rubicon PE), Chocofamily, Piano. Bas' angel investments (~50) have helped founders raise over $1 billion from investors like Iconiq, Accel, Insight, Salesforce, Google, YC, and Techstars. The combined market cap of these companies, based on their latest funding rounds, is ~$20 billion. As a VC/LP Bas invested in 400+ companies including 20+ unicorns.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 51
  • Round size: Seed $300k–$2M; Angel $90k–$110k; Pre-Seed $85k–$2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Carv.com — Carv's AI recruiting platform is designed to take over repetitive admin tasks related to intakes and interviews, for a renewed focus on the candidate.
  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • knopka — knopka - is an advanced automated nurse calling system that ensures help is provided on time. One-hour installation. Completely wireless. Compatible with cardiac monitors, fitness trackers, and smartwatches.
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UMAY Angels Club
VC Fund · Astana, Astana, Kazakhstan · 3 investments in Kazakhstan startups

UMAY Angels Club is a community of angel investors that invest in startups at early stage of growth.

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Investment focus

  • Industry: Mining, Software, Analytics
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan

Investor stats

  • Total investments: 4
  • Round size: Seed $500k–$4.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qtap — Qtap is a software development company specializing in cross-platform social networking, website creation, and online payment features.
  • ADAPT — ADAPT is a mobile commerce platform for small business owners that help to launch an online store in 3 minutes.
  • CerebraAI — CEREBRA is an AI-powered software for early stroke detection for faster and more accurate treatment, available as a cloud platform on a PC and a mobile appli...
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Timur Turlov
Angel · 3 investments in Kazakhstan startups

Timur Turlov is the Founder and Non-executive Director of Freedom Prime UK.

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Investment focus

  • Industry: Medical, Software, Logistics
  • Stage:Seed, Series A
  • Geography: Kazakhstan

Investor stats

  • Total investments: 4
  • Round size: Seed $700k–$4.1M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • CTOgram — CTOgram is a Kazakhstan-Based Automotive Start-up.
  • naimi.kz
  • CerebraAI — CEREBRA is an AI-powered software for early stroke detection for faster and more accurate treatment, available as a cloud platform on a PC and a mobile appli...
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EA Ventures
VC Fund · Madrid, Madrid, Spain · 3 investments in Kazakhstan startups

At EA Ventures, we back early-stage founders building scalable, high-impact solutions for the industries of tomorrow. Through our €20 million EA Ventures Plug and Play Fund, based in Madrid, we invest in visionary startups at the Pre-Seed, Seed and Pre-Series A stages — providing not only capital, but a platform for global growth.By anchoring thefund in Madrid and partnering with Plug and Play’s global innovation platform, we give startups access to a trusted network of 600+ corporations, seasoned mentors, and top-tier investors — accelerating not just funding, but market entry and strategic growth.Our thesis is clear: back ambitious teams early, support them relentlessly, and help them build category-defining companies that create a more resilient, intelligent, and connected future.

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Investment focus

  • Industry: Software, Artificial Intelligence, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kazakhstan, Spain, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $1.7M–$20M; Pre-Seed $2M–$4.6M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Optiak — Optiak is an AI-based platform that develops a modular operating system designed to streamline operations.
  • Sax AI — Sax AI is an AI powered KYC platform that enables banks to automate customer onboarding and compliance processes.
  • NeuralTrust — NeuralTrust is the leading security platform for generative AI, offering a unified command center for real-time defense and offense. Its open source AI gateway delivers the fastest performance in the market for managing LLM traffic, while its automated red teaming engine proactively uncovers vulnerabilities, ensuring robust protection for your AIsystems.
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MyVentures VC
VC Fund · Almaty, Almaty City, Kazakhstan · 3 investments in Kazakhstan startups

MyVentures is a global venture fund that specializes in funding early-stage technology startups that are at the forefront of shaping future industries. Their emphasis is on markets where the convergence of technology, innovation, and capital can foster lasting value and stimulate economic growth.

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Investment focus

  • Industry: Analytics, Software, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Kazakhstan, United States

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $75k–$600k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GoDays — AI-driven Continuous passive and active analytical tool, preventing burnout of employees. Continuous well-being based on passive collaboration data, sentiment analytics.
  • Socialtrait Inc — Socialtrait is a developer of AI-powered solutions for predicting, measuring, and amplifying the performance of brand concepts.
  • IBusiness — IBusiness is a software company that provides digital business applications for inventory management, online payments, and sales analytics.
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LocalGlobe
VC Fund · London, England, United Kingdom · 2 investments in Kazakhstan startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 337
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.3M; Series A $3.5M–$33M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Circular — Developers-focused job platform for Software Developers, DevOps, Data Science & more. Sign up now and get access to successful hiring processes in Spain, Remote.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Activat VC
VC Fund · 2 investments in Kazakhstan startups

Venture Fund

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Investment focus

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

Investor stats

  • Total investments: 17
  • Round size: Seed $250k–$1M; Pre-Seed $150k–$2M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Behype — Behype is a marketplace platform that help the creators to create content, promoting and advertising projects.
  • Aino — AI-powered site analysis for real estate professionals. Generate feasibility studies with quantified metrics, maps, cost estimates, and zoning insights in minutes, no GIS or coding required.
  • 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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Bank 'CenterCredit
VC Fund · Almaty, Almaty City, Kazakhstan · 2 investments in Kazakhstan startups

BCC is a finance company that provides one-stop banking services and products for the development of private individuals and businesses.

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Investment focus

  • Industry: Mining, Furniture, Manufacturing
  • Stage:Post-IPO Debt, Debt Financing
  • Geography: Kazakhstan, Cyprus

Investor stats

  • Total investments: 4
  • Round size: Post-IPO Debt $60M–$220M; Debt Financing $1.1M–$2.2M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • KPK Zeta — KPK Zeta is a producer and distributor of furniture.
  • AK Altynalmas — AK Altynalmas is a company that provides a full cycle of geological, mining, and gold processing. is a mining firm engaged in the entire cycle of gold metal's geological, mining, and processing activities.
  • Solidcore Resources — Solidcore Resources is a precious metals mining company registered in Saint Helier, Jersey.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Kazakhstan 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, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 436
  • Round size: Post-IPO Debt $14M–$238M; Debt Financing $5M–$200M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Ford Otosan — Ford Otosan is a publicly traded company that manufactures, assembles, imports, exports, and sells motor vehicles and spare parts. The company provides commercial, transit and transit custom, and transit courier vehicles, and cargo trucks, as well as engines and powertrain products for trucks and transit vehicles.Ford Otosan was founded on 1959and is headquartered in Istanbul, Turkey.
  • 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.
  • OTE Group of Companies — OTE Group is the technology company.They offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications, real-estate and professionaltraining. Abroad, the Group operates in the telecommunications market of Romania, where it offers fixed-line and mobile communications, as well as television services.
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TMT Investments
VC Fund · St. Helier, NA - Jersey, Jersey · 2 investments in Kazakhstan startups

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.

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Investment focus

  • Industry: Software, SaaS, Social Media
  • Stage:Seed, Series A
  • Geography: United States, Estonia, United Kingdom

Investor stats

  • Total investments: 107
  • Round size: Seed $250k–$4.1M; Series A $1.5M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2017

Portfolio highlights

  • Backblaze — Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services. Personal online backup to enterprise scale data storage solutions.
  • Rhino — First-class armored rides
  • Global Work — Explore 500k+ verified remote, hybrid, and local jobs worldwide. Find your ideal role, compare opportunities, and apply on globalwork.ai!
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I2BF Global Ventures
VC Fund · New York, New York, United States · 2 investments in Kazakhstan startups

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.

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Investment focus

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

Investor stats

  • Total investments: 163
  • 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 — Calibre is a technology-driven company developing AI-powered solutions for the testing, inspection, and certification industry, helping businesses improve operational efficiency, automate compliance processes, and enhance the accuracy and reliability of quality assurance services.
  • 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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Askar Dostiyarov
Angel · 2 investments in Kazakhstan startups

Askar Dostiyarov is an angel investor and Managing Partner at Meridian Capital Limited. He attended the Wharton School.

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Investment focus

  • Industry: FinTech, Payments, Mobile Apps
  • Stage:Seed, Angel
  • Geography: Kazakhstan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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Adil Nurgozhin
Angel · Astana, Astana, Kazakhstan · 2 investments in Kazakhstan startups

Adil Nurgozhin is based out of Singapore and is the Managing Partner and Co-Founder of Big Sky Capital. Adil previously worked at Quest Ventures as a Venture Partner. Adil Nurgozhin attended the University of Montana - College of Business.

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Investment focus

  • Industry: SaaS, EdTech, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan, Singapore, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $250k–$700k; Pre-Seed $235k–$360k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • UvU Shuttle — UvU is a ride-sharing platform which connects parents with licensed vetted care-drivers on 4-seaters providing first-class transportation service for their kids to travel to school or extraclasses.
  • CTOgram — CTOgram is a Kazakhstan-Based Automotive Start-up.
  • Kilde — Hands-off regular income with up to 11.5% returns per year. Invest in consumer and SME loans with the leading lending firms.
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MOST Ventures
VC Fund · Almaty, Almaty City, Kazakhstan · 2 investments in Kazakhstan startups

Private Venture Capital

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Investment focus

  • Industry: SaaS, Software, B2B
  • Stage:Pre-Seed
  • Geography: Kazakhstan, United States, United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Beksar — Beksar offers A flexible reporting system for business of the company from its initial days.
  • Kwaaka — Kwaaka is a subscription-based service that integrates Food Delivery services like Glovo, Wolt, Bolt Food, Deliveroo direct into restaurants’ point-of-sale systems, streamlining order taking processes and menu management through a single interface and eliminating the requirement for restaurant staff to monitor multiple devices and manually repunchorders into their existing system.
  • PLATMA — PLATMA is a workspace for developing low-code solutions with ready-to-use templates that streamline the development process and decrease time to market
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Kazakhstan startups, 53 in the past 12 months

Founded in 2010, Orbit is the Emerging Markets VC investing in tech companies that digitize traditional industries and help people raise their living standards all in a more sustainable way. Orbit provides a lifetime program with hands-on support for partnerships, business development, fundraising, growth, and an initial investment package andfollow-on funding. The firm focuses on digitalization across e-commerce, fintech, media, healthcare, education, and logistics sectors.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Egypt, United Arab Emirates

Investor stats

  • Total investments: 176
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Series A $2.3M–$12M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • Cypien AI — Cypien AI is an artificial intelligence system that provides personalized experiences by converting simple web pages into an active and modular business platform.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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Saltanat Kudaikulova
Angel · 1 investments in Kazakhstan startups

Saltanat Kudaikulova

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Investment focus

  • Industry: Software, Information Services, Information Technology
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • TrustMe — TrustMe is a trust ecosystem , including 6 services for responsible companies and conscious people: Company - Information service about companies; People - platform for recomendations and achievements; Places - search and selection of places; Contract - online contracts via SMS; Business - business owner's personal account; Coin- a bonus system for people and companies.Registered in 2019, Kazakhstan. CEO and founder - Chingiz Dauletbaev.
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Evgeny Chebatkov
Angel · 1 investments in Kazakhstan startups

Evgeny Chebatkov is a blogger and co-founder of Fabula.

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Investment focus

  • Industry: Video, Creative Agency, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Fabula — Turnkey generative AI with ready-made infrastructure. Plug generative neural networks into your product in 1 sprint. Convenient MLaaS, works via API.
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Seven Rivers Capital LTD
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Kazakhstan startups

Investment, Consulting

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Series A $800k–$415M; Series C $300M–$450M
  • Lead/follow: 7% lead, 93% 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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Chris Howard
Angel · San Francisco, California, United States · 1 investments in Kazakhstan startups

Chris Howard is the founder and Partner of Fuel Capital. Chris earned his bachelor’s degree in Psychology from Occidental College and an M.B.A. from the University of Washington where he was a McGowan Scholar.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Kazakhstan

Investor stats

  • Total investments: 30
  • Round size: Seed $1.8M–$5.8M; Pre-Seed $2M–$3M; Series A $6M–$18M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Nozomio — How do you discover the future of software engineering? We're building it.Language models can write code better than most humans, but they often destroy codebases due to poor context management and understanding. The future isn't about replacing developers - it's about empowering them to orchestrate AI agents effectively.We're creating systems that enable small teams of developers to manage large-scale agent operations across the entire software lifecycle - from development to QA, security audits, and deployment.It's called Nozomio.
  • Sim — Sim is a software development company that provides an artificial intelligence platform to automate workflow and sync data. It is an open-source platform for designing, testing, and deploying AI agent workflows. It offers a visual, drag-and-drop canvas—similar to design tools—which lets developers connect large language models with various apps andlogic blocks. Users can integrate Sim with over 500 tools, such as Slack, Gmail, Supabase, and Pinecone, enabling autonomous agents that interact with real-world data and systems. The platform supports both hosted and self-hosted models, giving teams flexibility in choosing how and where their AI runs. Workflows built in Sim can be triggered manually, via scheduled events, or by webhooks, and they can be exposed as APIs or chat interfaces. Sim combines a no-code visual interface with production-grade capabilities like structured output, logging, and debugging, allowing teams to iterate quickly and scale their AI systems.
  • Hightower — Hightower is the commercial leasing management platform that helps brokers and owners to manage their end-to-end leasing workflow. It offers leasing and asset management platform that enables commercial brokers and owners to increase returns, improve productivity, and reduce risk.
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ABC-I2BF
VC Fund · 1 investments in Kazakhstan startups

ABC-I2BF is an investment firm.

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Investment focus

  • Industry: EdTech, Computer, Software
  • Stage:Pre-Seed, Seed
  • Geography: Kazakhstan, United States

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $75k–$500k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Clockster — We help small and medium businesses cut HR overhead by automating payroll, attendance and more at no cost
  • ElectroNeek — Desktop and SaaS integration made simple with AI-powered automation. No code. Works everywhere you do.
  • Aeroexam by Essential Technologies LLC — Best SaaS solution for emerging markets that does not allow cheating on any exam.
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Eurasian Hub Ventures
VC Fund · London, England, United Kingdom · 1 investments in Kazakhstan startups

Early talent believers

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Investment focus

  • Industry: Software, Artificial Intelligence, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nozomio — How do you discover the future of software engineering? We're building it.Language models can write code better than most humans, but they often destroy codebases due to poor context management and understanding. The future isn't about replacing developers - it's about empowering them to orchestrate AI agents effectively.We're creating systems that enable small teams of developers to manage large-scale agent operations across the entire software lifecycle - from development to QA, security audits, and deployment.It's called Nozomio.
  • Leaping AI — Leaping AI develops AI-powered voice agents that are human-like to automate call center operations for businesses.
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Astana Hub
VC Fund · Astana, Astana, Kazakhstan · 1 investments in Kazakhstan startups

International Tech Park of IT Startups "Astana Hub" fosters a culture of innovation and supports high-tech projects to strengthen the national economy. As the core and driving force behind the development of Kazakhstan's innovation ecosystem, Astana Hub aims to become an internationally recognized hub for technological businessdevelopment.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Sales
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan, Tajikistan, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $750k–$3M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • 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.
  • Grand Mobile — Grand Mobile operates as an online game developer and publisher.
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Ventures Together
VC Fund · London, England, United Kingdom · 1 investments in Kazakhstan startups

Ventures Together is a venture capital firm which preferred to invest in seed and early stage.

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Investment focus

  • Industry: Software, Artificial Intelligence, Manufacturing
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 55
  • Round size: Seed $1.8M–$6.6M; Pre-Seed $539k–$3.4M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Happl — Happl provides benefits that enable employees to choose what's right for them and tools for managers to support their teams, whilst taking care of the admin.
  • Wassist — Wassist is a platform for building AI-powered WhatsApp agents that help businesses automate sales, customer support, and marketing directly inside WhatsApp.
  • Clouted — Clout Kitchen is THE Virality Engine for brands and creators, designing data-driven viral campaigns with distribution marketing.
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Madiyar Tuleuov
Angel · 1 investments in Kazakhstan startups

Madiyar Tuleuov is the CCO of the Sajda App and co-investor at Kwaaka.

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Investment focus

  • Industry: SaaS, Food Delivery, Food and Beverage
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Kwaaka — Kwaaka is a subscription-based service that integrates Food Delivery services like Glovo, Wolt, Bolt Food, Deliveroo direct into restaurants’ point-of-sale systems, streamlining order taking processes and menu management through a single interface and eliminating the requirement for restaurant staff to monitor multiple devices and manually repunchorders into their existing system.
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No Label Ventures
VC Fund · London, England, United Kingdom · 1 investments in Kazakhstan startups

Backing immigrant founders who build epic companies, from Day 1.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $2.2M–$8.6M; Pre-Seed $1.5M–$8.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nia — Nia is an AI platform building the next generation of autonomous engineering agents and redefining how developers interact with their codebase.
  • Zango — Zango is an AI-powered compliance automation platform designed to help financial services firms manage regulatory change across multiple regions, including the UK and EU. Leveraging cutting-edge AI, the platform performs real-time horizon scanning, automated gap analysis, and human validation to ensure accuracy and maintain security andtransparency. Backed by industry-leading investors, it empowers compliance teams to dramatically accelerate processes and reduce manual oversight.
  • Uncovr — Uncovr is an AI-powered surgical intelligence and documentation platform that automatically transforms operating room videos into structured clinical reports and billing codes.
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Thomas Wolf
Angel · 1 investments in Kazakhstan startups, 36 in the past 12 months

Thomas Wolf is the Chief Science Officer at Hugging Face. He previously worked at Cabinet Plasseraud as a European Patent Attorney. Thomas Wolf studied at Pierre and Marie Curie University studying Statistical / Quantum Physics.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 52
  • Round size: Seed $3M–$50M; Pre-Seed $799k–$5.5M; Series A $15M–$100M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mkind — Mkind builds intelligent robots for high-mix manufacturing, developing advanced automation solutions that can adapt to diverse production requirements, improve operational efficiency, and support manufacturers in handling complex, low-volume, and frequently changing product lines.
  • Zaro — Zaro is a workspace platform that brings AI agents and apps together in one place to automate repetitive business tasks and accelerate important work. The company deploys AI agents that handle real tasks while connecting the apps teams already rely on, enabling operations to scale without scaling headcount. Everything runs on a simple credit-basedmodel where customers only pay for what they use, and users can start free. Zaro enables modern teams to automate busywork, automate the repetitive, and focus on work that moves the business forward. The platform turns AI from a buzzword into something teams use daily for running their business operations.
  • Macrodata Labs — Macrodata Labs is a technology company that provides data infrastructure for the artificial intelligence and robotics industries.
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Sawiris Family Office
VC Fund · 1 investments in Kazakhstan startups

Sawiris Family Office operates as an investment firm.

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Investment focus

  • Industry: Finance, Lending, CleanTech
  • Stage:Seed, Series A, Series B
  • Geography: Egypt, Germany, Kazakhstan

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Nawy — The ultimate real estate broker in Egypt. Browse areas, compounds, and properties by price, location, and amenities to find the perfect place.
  • Solva — Solva operates in the financial services sector, offering a range of solutions to its customers. The company provides online applications for financial assistance, with the potential to receive up to 4 million tenge based on an instant decision. Solva also offers a digital card service, with the possibility of receiving up to 300,000 tenge. Thecompany is committed to raising financial awareness, regularly publishing useful articles and video courses on its website. Solva also provides various methods for the repayment of personal loans, including online, cash, and even bank transfers.
  • Hawa Dawa — Hawa Dawa manufactures and develops air quality monitoring systems. Karim Tarraf, Matthew Fullerton, Yvonne Rusche, Jannai Falschberger, and Birgit Fullerton founded it in 2016, with its headquarters in Munich in Germany.
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GEM Capital
VC Fund · Paphos, Paphos, Cyprus · 1 investments in Kazakhstan startups

GEM Capital is an international investment company that operates in private equity and venture capital markets. Leading venture capital investor in the games industry

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Cyprus, United States, Israel

Investor stats

  • Total investments: 51
  • Round size: Seed $1M–$5M; Pre-Seed $400k–$3M; Series A $3M–$20M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • SpeedyDD — SpeedyDD is a cloud-based KYB (Know Your Business) compliance and due diligence platform that helps regulated businesses automate their entire client onboarding and compliance lifecycle. Built for Corporate Service Providers (CSPs), Payment Service Providers (PSPs), Electronic Money Institutions (EMIs), and iGaming operators, SpeedyDD replacesfragmented, manual compliance workflows with a single ISO 27001-certified environment. The platform covers automated client onboarding with white-label embeddable forms, centralized document management with expiry tracking and automated renewal workflows, real-time PEP, sanctions, and adverse media screening, KYB verification against company registries, KYC person verification for directors and UBOs, risk profiling with customizable weighted questionnaires, immutable audit trails, and company structure visualization. SpeedyDD has onboarded 4,000+ clients, manages 130,000+ compliance documents, and has completed 1,500+ screening checks. Customers include Hero Gaming and Rhino Entertainment (Malta iGaming operators) and Paydirection (payments). The platform is ISO 27001 certified, GDPR compliant, and includes a Chrome extension for automated form filling. SpeedyDD is a member of the NVIDIA Inception program, supporting AI-driven innovation in the RegTech space.
  • Odd Meter — Odd Meter develops video games across PC, VR, and console platforms. Focuses on action, adventure, and simulation genres.
  • Hypemasters — At Hypemasters, we create legendary & genre-defining games that players all over the world enjoy for years.
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EA Group Holding
VC Fund · Almaty, Almaty City, Kazakhstan · 1 investments in Kazakhstan startups

Challenging the expectations of today to reinvent the way we invest tomorrow

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Investment focus

  • Industry: B2B, SaaS, Fitness
  • Stage:Seed, Pre-Seed
  • Geography: Kazakhstan, United States

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $1.7M–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • PLATMA — PLATMA is a workspace for developing low/no-code solutions with ready-made constructors that reduce the need for large resources and decrease time to market
  • Hero's Journey — Hero's Journey is a gamified fitness studio that offers apps to schedule and track wellness and provides various training and programs
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Autotelic Ventures
VC Fund · 1 investments in Kazakhstan startups

Autotelic Ventures is an investment firm.

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Investment focus

  • Industry: PC Games
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Odd Meter — Odd Meter develops video games across PC, VR, and console platforms. Focuses on action, adventure, and simulation genres.
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Yeldar Tolesh
Angel · 1 investments in Kazakhstan startups

Yeldar Tolesh is a angel investor.

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Investment focus

  • Industry: Software, Business Process Automation (BPA)
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Beksar — Beksar offers A flexible reporting system for business of the company from its initial days.
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Rakhimbayev Family Office
VC Fund · Astana, Astana, Kazakhstan · 1 investments in Kazakhstan startups

RFO Rakhimbayev Family Office is a family office aimed at implementing social projects with the mission of "uniting good people around good projects to provide smart help to children." The organization supports initiatives in the field of education, inclusion, preservation of historical heritage and systemic charitable solutions.

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Investment focus

  • Industry: FinTech, Payments, Mobile Apps
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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MA7 Ventures
VC Fund · Almaty, Almaty City, Kazakhstan · 1 investments in Kazakhstan startups

MA7 Ventures is a venture capital firm that provides funding and support to tech startups and visionary founders, focusing on fostering innovation and growth within the startup ecosystem. The firm engages in identifying high-potential companies and offers strategic guidance, mentorship, and resources to help them scale effectively. MA7 Venturesspecializes in various sectors, including software, fintech, and digital services, aiming to create long-term value for its portfolio companies while contributing to the overall development of the technology landscape. Through its investment approach, MA7 Ventures facilitates connections between startups and industry experts, enhancing opportunities for collaboration and market expansion.

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Investment focus

  • Industry: FinTech, Medical, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Ukraine, Kazakhstan

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Liki24 — Liki24 is a logistics company that features a software platform that utilizes deep integration with partner pharmacies, clinics, and insurance companies. Its software is designed for logistics team coordination, task management, and data management.
  • Zibra AI — Zibra Liquids is a real-time and cross-platform physically correct fluid simulation plugin for game developers
  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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Andrena Ventures
VC Fund · London, England, United Kingdom · 1 investments in Kazakhstan startups

Andrena Ventures (Andrena VC) is a solo GP angel fund founded by Gideon Valkin, former Monzo Commercial Director. Pre-seed investing in European tech startups.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: France, Ireland, Kazakhstan

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $1.5M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Twin — Twin Labs, offer an automated tool for repetitive operations, such as onboarding new staff to all internal systems.
  • GoodFit — Implement & scale any GTM strategy. Commercial Leaders use GoodFit to configure the data they need, to fuel their GTM strategy of choice
  • Seapoint — Business accounts, treasury and expense automation - built to scale with you. Join our beta programme and get your unfair financial advantage.
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Gustav Söderström
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Kazakhstan startups

Gustav Söderström is based out of Stockholm, Stockholms Lan, and is the Co-CEO, CPO, and CTO of Spotify. Gustav previously worked at Yahoo Finance as a Director of Business Development. Gustav Söderström attended Södertörn University. Gustav Söderström has been certified in Machine Learning.

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Investment focus

  • Industry: Software, B2B, Internet
  • Stage:Seed, Angel, Series A
  • Geography: Sweden, United States, Germany

Investor stats

  • Total investments: 9
  • Round size: Seed $328k–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Digiexam — Lower cost of examination, fair and unbiased grading, and less administration, all possible with our robust and secure platform. Learn more on our website!
  • Albacross — First-party Intent Data to understand your audience, uncover unseen prospects, and enrich every record to increase marketing & sales efficiency.
  • Left or Right — Left or Right is a social decision app that helps its users make everyday decisions with confidence and ease. Left or Right is a fashionable tool for instant feedback. Users can get advice​ from friends and the Left or Right community, by publishing images in a poll. Users can also give advice and discover trends.
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Azamat Bissenov
Angel · 1 investments in Kazakhstan startups

Azamat Bissenov

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Investment focus

  • Industry: Software, Information Services, Information Technology
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • TrustMe — TrustMe is a trust ecosystem , including 6 services for responsible companies and conscious people: Company - Information service about companies; People - platform for recomendations and achievements; Places - search and selection of places; Contract - online contracts via SMS; Business - business owner's personal account; Coin- a bonus system for people and companies.Registered in 2019, Kazakhstan. CEO and founder - Chingiz Dauletbaev.
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Kulveer Taggar
Angel · San Francisco, California, United States · 1 investments in Kazakhstan startups, 16 in the past 12 months

Kulveer Taggar is an angel investor and former CEO of Zeus. He holds a master's degree from the University of Oxford.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Kazakhstan

Investor stats

  • Total investments: 54
  • Round size: Seed $2.2M–$8.4M; Pre-Seed $500k–$2M; Series A $7M–$16M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Tivara — Automate patient phone calls across scheduling, refills, intake, and after-hours workflows. All while improving access, reducing wait times, and lowering operational costs.
  • Ergo — Make your existing CRM autonomous. Reap the benefits of a well-kept CRM without the headache of managing one.
  • Greenboard — Greenboard is the modern operating system for SEC and FINRA compliance.
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Bakht Niyazov
Angel · 1 investments in Kazakhstan startups

Bakht Niyazov is based out of Almaty and is the Co-Founder of Gen2B. Bakht previously worked at MeiraGTx as a Co-Founder. Bakht Niyazov attended Нархоз. .

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Investment focus

  • Industry: Marketing, E-Commerce, Marketplace
  • Stage:Pre-Seed
  • Geography: Kazakhstan, United States

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $127k–$560k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Qtap — Qtap is a software development company specializing in cross-platform social networking, website creation, and online payment features.
  • Green Bee — Green Bee is the organic food and eco-services industry demand the involvement of the participants at all the stages — from production through the sale to the end consumer. The model suits well for large businesses but is not appropriate for small companies that are often limited to family members and/or 3 to 5 employees.The project goal isto provide a platform that will facilitate the search for and the sale of organic food and eco-services offered by farmers and small companies. In other words, the platform brings together all the agents of the supply chain to ensure direct and efficient cooperation.
  • OneVision
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Syrym Kaireshev
Angel · 1 investments in Kazakhstan startups

Syrym Kaireshev

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Investment focus

  • Industry: Software, Information Services, Information Technology
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • TrustMe — TrustMe is a trust ecosystem , including 6 services for responsible companies and conscious people: Company - Information service about companies; People - platform for recomendations and achievements; Places - search and selection of places; Contract - online contracts via SMS; Business - business owner's personal account; Coin- a bonus system for people and companies.Registered in 2019, Kazakhstan. CEO and founder - Chingiz Dauletbaev.
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Baring Vostok Capital Partners
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Kazakhstan startups

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.

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Investment focus

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

Investor stats

  • Total investments: 61
  • Round size: Series B $9M–$75M; Private Equity $13M–$200M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Yandex — Yandex is a multinational technology company that provides internet-related services and operates a search engine platform in Russia. It is one of the largest internet companies in Europe, operating Russia’s most popular search engine and its most visited website.According to LiveInternet, for the three months ended September 30, 2015, theygenerated 57.1% of all search traffic in Russia. They also operate in Ukraine, Kazakhstan, Belarus, and Turkey.
  • 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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Ermek Ashkenov
Angel · 1 investments in Kazakhstan startups

Ermek Ashkenov is a Co-founder at Prosper Pay.

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Investment focus

  • Industry: FinTech, Payments, Mobile Apps
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Prosper Pay — Prosper Pay is a financial platform that allows employees to view up-to-date earnings and transfer funds.
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Margulan Seissembai
Angel · 1 investments in Kazakhstan startups

Margulan Seissembai is a well-known Kazakhstani entrepreneur and investor.

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Investment focus

  • Industry: Social Media, Social Network, Web Development
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Qtap — Qtap is a software development company specializing in cross-platform social networking, website creation, and online payment features.
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Heroic Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Kazakhstan startups

Heroic Ventures is an early stage venture capital studio focused on first-money-in and formation opportunities in Silicon Valley, Colorado, and Israel.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, Israel

Investor stats

  • Total investments: 65
  • Round size: Seed $1.2M–$6.5M; Pre-Seed $120k–$5M; Series A $3.6M–$30M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Futurail — Futurail develops the leading autonomy stack for self-driving trains. Our technology retrofits existing fleets and integrates into new vehicle developments.
  • ProntoNLP
  • Picslo Corp.
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MostVentures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Kazakhstan startups

MOST Ventures serves Venture Capitals and startups with business and law consulting. The team is also looking to deploy capital for our clients in Europe as well as connect startups with investors in Europa and USA. They are based in Amsterdam and Warsaw. Please free to contact us with any question.

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Investment focus

  • Industry: Automotive
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • CTOgram — CTOgram is a Kazakhstan-Based Automotive Start-up.
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Marlen Shokhitbayev
Angel · 1 investments in Kazakhstan startups

Marlen Shokhitbayev

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Investment focus

  • Industry: Software, Information Services, Information Technology
  • Stage:Pre-Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • TrustMe — TrustMe is a trust ecosystem , including 6 services for responsible companies and conscious people: Company - Information service about companies; People - platform for recomendations and achievements; Places - search and selection of places; Contract - online contracts via SMS; Business - business owner's personal account; Coin- a bonus system for people and companies.Registered in 2019, Kazakhstan. CEO and founder - Chingiz Dauletbaev.
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Olzhas Akbayev
Angel · 1 investments in Kazakhstan startups

Olzhas Akbayev is the CEO and Founder of Wedo.

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Investment focus

  • Industry: SaaS, Food Delivery, Food and Beverage
  • Stage:Seed
  • Geography: Kazakhstan

Investor stats

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

Portfolio highlights

  • Kwaaka — Kwaaka is a subscription-based service that integrates Food Delivery services like Glovo, Wolt, Bolt Food, Deliveroo direct into restaurants’ point-of-sale systems, streamlining order taking processes and menu management through a single interface and eliminating the requirement for restaurant staff to monitor multiple devices and manually repunchorders into their existing system.
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Investor funding in Kazakhstan at a glance

Stats across 103 deals from 117 investors.

117
investors
in Kazakhstan startups
103
deals
in Kazakhstan startups
$600k
median round
in Kazakhstan startups
41%
lead investors
lead at least one round
38%
Pre-Seed
most common funding stage
60/40
VC / Angel
share of investor count

Access all 117 investors in Kazakhstan startups.

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