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Top 35 Startup Investors in Uzbekistan (July 2026)

The most active venture capital funds and angel investors investing in Uzbekistan startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uzbekistan 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
8 Uzbekistan, Pakistan, Bangladesh Seed, Series A, Pre-Seed FinTech, Software, E-Commerce $150k–$17M
European Bank for Reconstruction and Development
VC Fund
7 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $5M–$238M
UzVC National Venture Capital fund
VC Fund
5 Uzbekistan, Georgia, United Arab Emirates Seed, Pre-Seed EdTech, Software, Education $100k–$1.9M
The International Islamic Trade Finance Corporation
VC Fund
3 Uzbekistan, Turkey, Nigeria Debt Financing Banking, Financial Services, Finance $15M–$100M
Activat VC
VC Fund
3 Uzbekistan, United States, Kazakhstan Seed, Pre-Seed SaaS, Artificial Intelligence, Information Technology $150k–$2M
Hamkorbank
VC Fund
2 Uzbekistan Debt Financing Travel, Tourism, Tour Operator $800k–$2M
AloqaVentures
VC Fund
2 Tajikistan, Uzbekistan Seed, Pre-Seed SaaS, FinTech, Artificial Intelligence
Ahror Abdukarimov
Angel
2 Uzbekistan Seed, Angel, Pre-Seed Computer Vision, Artificial Intelligence, Retail Technology
Caucasus Ventures
VC Fund
2 United States, Georgia, Azerbaijan Seed, Pre-Seed, Series B Artificial Intelligence, Software, Financial Services $50k–$2.5M
FinSight Ventures
VC Fund
2 United States, India, Russian Federation Seed, Series A, Pre-Seed Financial Services, FinTech, Software $500k–$52M
Bakhrom Abdukadirov
Angel
2 Uzbekistan Seed, Angel, Pre-Seed Computer Vision, Artificial Intelligence, Retail Technology
Vector Crypto Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
Women Entrepreneurs Finance Initiative
VC Fund
1 Nigeria, Uzbekistan Grant, Debt Financing Banking, Financial Services
Xanara
VC Fund
1 Uzbekistan Series A Software, Digital Marketing, Business Development
MyAsia VC
VC Fund
1 India, United States, Nigeria Seed, Series A, Pre-Seed FinTech, Financial Services, Software $592k–$24M
TaiwanICDF
VC Fund
1 Uzbekistan, Japan Grant, Series F, Debt Financing Banking, FinTech, Finance $6.3M–$81M
Tencent
VC Fund
1 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3.9M–$400M
Le Mercier’s Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
ICD-PS
VC Fund
1 Turkey, Uganda, Uzbekistan Debt Financing Financial Services, Banking, Credit $10M–$145M
Anvar Abduqayumov
Angel
1 Uzbekistan Angel Software
Battery Road Digital Holdings
VC Fund
1 Egypt, Singapore, India Seed, Series A E-Commerce, Transportation, Payments $200k–$10M
Uzbek Industrial and Construction Bank
VC Fund
1
Vchasno Group
VC Fund
1 Ukraine, Uzbekistan Seed Wellness, Health Care, Therapeutics $1M–$1.2M
IT Park Ventures
VC Fund
1 Uzbekistan, United States Seed Software, B2B, SaaS $400k–$1.5M
DOMiNO Ventures
VC Fund
1 United States, Turkey, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $250k–$9.5M
Oesterreichische Entwicklungsbank AG
VC Fund
1 India, Vietnam, Mauritius Debt Financing, Post-IPO Debt Energy, Renewable Energy, Solar $15M–$135M
SABAH.fund
VC Fund
1 United States, Uzbekistan, United Arab Emirates Seed, Pre-Seed, Series A Artificial Intelligence, B2B, SaaS $800k–$5.8M
Tesla Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
VR Capital Group
VC Fund
1 Uzbekistan Series A, Venture - Series Unknown Software, Digital Marketing, Business Development
Purple Ventures
VC Fund
1 Czech Republic, United Kingdom, India Seed, Pre-Seed Software, Health Care, Financial Services $132k–$2.3M
Quest Ventures
VC Fund
1 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
Anvarjon Musaev
Angel
1 Uzbekistan Pre-Seed Software, Cloud Storage, Private Cloud
Block0
VC Fund
1 India, Singapore, Uzbekistan Seed, Series A Financial Services, Finance, Internet $415k–$4.2M
Pragmatech Ventures
VC Fund
1 United States, Ukraine, United Kingdom Seed, Pre-Seed Information Technology, Artificial Intelligence, SaaS $892k–$5.5M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Sturgeon Capital
VC Fund · London, England, United Kingdom · 8 investments in Uzbekistan 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: 38
  • Round size: Seed $150k–$5.4M; Pre-Seed $268k–$1.5M; Series A $2.1M–$17M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — fund raised in 2024

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.
  • KLIPY — Discover KLIPY, the largest library of localized GIFs, Memes, Stickers and Clips! Make your conversations fun and expressive with the best content.
  • Finmap — Finmap is financial management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons - income, outcome and transfer - all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, astatement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 7 investments in Uzbekistan 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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UzVC National Venture Capital fund
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 5 investments in Uzbekistan 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, Software, Education
  • Stage:Seed, Pre-Seed
  • Geography: Uzbekistan, Georgia, United Arab Emirates

Investor stats

  • Total investments: 8
  • Round size: Seed $100k–$1.9M; Pre-Seed $150k–$350k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • zip24 — Innovating Logistics for a Smarter, Faster, Global Tomorrow Partnering with you to revolutionize logistics through intelligent solutions, delivering
  • Cargon — A simple, fast and innovative industry leading service with powerful analytical tools.
  • 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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The International Islamic Trade Finance Corporation
VC Fund · Jeddah, Makkah, Saudi Arabia · 3 investments in Uzbekistan startups, 9 in the past 12 months

The International Islamic Trade Finance Corporation operates as a trade solutions provider.

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Investment focus

  • Industry: Banking, Financial Services, Finance
  • Stage:Debt Financing
  • Geography: Uzbekistan, Turkey, Nigeria

Investor stats

  • Total investments: 11
  • Round size: Debt Financing $15M–$100M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Infin Bank — Infin Bank is a commercial bank that provides cards, lending, mobile, and other banking services.
  • Asia Alliance Bank — Asia Alliance Bank provides savings, deposits, loans, credit, leasing, finance and online banking services.
  • Orient Finans Bank — Orient Finans Bank is a financial institution that offers banking, lending, and financial services to individuals and companies.
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Activat VC
VC Fund · 3 investments in Uzbekistan 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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Hamkorbank
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 2 investments in Uzbekistan 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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AloqaVentures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 2 investments in Uzbekistan startups

AloqaVentures is corporate venture fund of Aloqabank that invests in pre-seed and seed stage startups

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Investment focus

  • Industry: SaaS, FinTech, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Tajikistan, Uzbekistan

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Push30 — Push30 is a mobile fitness application which provides corporate benefits to its users providing unlimited access to gyms and fitness venues with a single membership. The goal of the application is to restructure the fitness industry, encourage fitness culture in Azerbaijan and become a household name for fitness across the country.
  • Delever — Delever is an automation platform for delivery that assists businesses of various sizes in efficiently managing resources, scaling up, establishing quality communications with customers, increasing profits, and delivering orders as quickly as possible right to the doors of their consumers.
  • Unitlab — Accelerate your data annotation process by 15x faster with auto-annotation tools and improve quality through collaborative annotation. Unitlab Annotate is a collaborative and AI-powered data annotation platform, offering on-premises solutions and integrated labeling services.
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Ahror Abdukarimov
Angel · 2 investments in Uzbekistan startups

Ahror Abdukarimov

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Investment focus

  • Industry: Computer Vision, Artificial Intelligence, Retail Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% 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.
  • TASS VISION — TASS VISION is an artificial intelligence tool that helps to increase by 15% revenue of retailers via providing in-store analytics. Available to any retailer, our solution helps to reduce routine tasks, optimize internal process, improve the customer experience, increase sales and profit now. In the future we are planning to provide full autonomouscheckout free technology any size of retailer.TASS VISION was founded in 2019 and it is based in Tashkent city, Uzbekistan.
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Caucasus Ventures
VC Fund · Baku, Baki, Azerbaijan · 2 investments in Uzbekistan 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: 40
  • Round size: Seed $106k–$1.9M; Pre-Seed $50k–$2.5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
  • Fromfolio — Fromfolio offers an online platform for creating, managing, and sharing professional portfolios to showcase work, projects, and skills.
  • 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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FinSight Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Uzbekistan startups

Capital + Hiring + Infrastructure

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Investment focus

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

Investor stats

  • Total investments: 63
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$1.2M; Series A $3M–$52M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

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, Dubai, etc. hassle-free with Visa2fly. know more about Apply Visa Online- Visa2fly
  • 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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Access 48,091 investors

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

Browse database — It's Free!
Bakhrom Abdukadirov
Angel · Tashkent, NA - Uzbekistan, Uzbekistan · 2 investments in Uzbekistan startups

Angel Investor

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Investment focus

  • Industry: Computer Vision, Artificial Intelligence, Retail Technology
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Uzbekistan

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% 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.
  • TASS VISION — TASS VISION is an artificial intelligence tool that helps to increase by 15% revenue of retailers via providing in-store analytics. Available to any retailer, our solution helps to reduce routine tasks, optimize internal process, improve the customer experience, increase sales and profit now. In the future we are planning to provide full autonomouscheckout free technology any size of retailer.TASS VISION was founded in 2019 and it is based in Tashkent city, Uzbekistan.
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Vector Crypto Capital
VC Fund · 1 investments in Uzbekistan startups

Investments in the Future of Money

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

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

Portfolio highlights

  • IMAN — One-stop shop for Halal investing
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Uzbekistan startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 68
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
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Women Entrepreneurs Finance Initiative
VC Fund · Washington, District of Columbia, United States · 1 investments in Uzbekistan startups

We-Fi is collaborative partnership among government.

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Investment focus

  • Industry: Banking, Financial Services
  • Stage:Grant, Debt Financing
  • Geography: Nigeria, Uzbekistan

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ipoteka Bank — Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan.
  • First City Monument Bank — First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, Nigeria with the vision to be the Premier Financial Services Group of African origin.
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Xanara
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Uzbekistan 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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MyAsia VC
VC Fund · 1 investments in Uzbekistan startups

MyAsia VC

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Nigeria

Investor stats

  • Total investments: 33
  • Round size: Seed $800k–$6M; Pre-Seed $592k–$2M; Series A $4M–$24M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Seezo — Seezo provides security design reviews for every feature a company builds, leveraging Gen AI to scale threat modeling. The platform helps developers ship features faster by identifying potential risks and vulnerabilities. Seezo focuses on application security (AppSec) and aims to integrate security seamlessly into the development process.
  • Sensesemi
  • JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
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TaiwanICDF
VC Fund · Taipei, T'ai-pei, Taiwan · 1 investments in Uzbekistan startups

TaiwanICDF is dedicated to boosting socio-economic development, enhancing human resources, and promoting economic relations in a range of developing partner countries. We also offer humanitarian assistance and provide aid in the event of natural disasters or international refugee crises.

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Grant, Series F, Debt Financing
  • Geography: Uzbekistan, Japan

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $6.3M–$81M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Gojo & Company — We are enabling financial inclusion for everyone by partnering with financial service providers.
  • Ipoteka Bank — Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan.
  • Zabka Polska — Zabka Polska sp. z o.o. owns, operates, and franchises a network of convenience and deli-type stores in Poland. The company offers products, such as cold cuts, dairy products, sweets, beers, and salty snacks; and convenience foods, a range of chilled ready-to-eat meals, fresh sandwiches, and easy-to-prepare meals.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 1 investments in Uzbekistan 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: 559
  • Round size: Series A $3.9M–$230M; Series B $15M–$283M; Series C $35M–$400M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Reddit — Homepage - Reddit
  • XtalPi — XtalPi is a pharmaceutical technology company that is reinventing the industry’s approach to drug research and development with its Intelligent Digital Drug Discovery and Development (ID4) platform. Through its tightly interwoven quantum mechanics, artificial intelligence, and high-performance cloud computing algorithms, the ID4 platform enablespharmaceutical companies to increase their efficiency, accuracy, and success rate at critical stages of drug R&D. By accelerating the pace of drug discovery and development, XtalPi aims to contribute to a healthier society worldwide.Founded in 2014 by a group of quantum physicists at MIT, XtalPi has since grown into an elite team of researchers with multi-disciplinary expertise in physics, chemistry, pharmaceutical R&D, and algorithm design. XtalPi has received much recognition for its cutting-edge technologies, its innovative solutions, and the breadth of potential applications of its offerings across the pharmaceutical value chain, which has allowed it to gain industry approval and establish strategic partnerships with several top international pharmaceutical companies.
  • PolicyBazaar — Compare insurance policies offered by various insurers in India & buy insurance policy online. Get instant quotes & save huge on premiums.
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Le Mercier’s Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan startups

Le Mercier’s Capital is a single family office which invests both strategically and opportunistically in growth capital situations.

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

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

Portfolio highlights

  • IMAN — One-stop shop for Halal investing
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ICD-PS
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Uzbekistan startups, 7 in the past 12 months

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank (IDB) Group. It is authorized capital stands at $2.0 billion, of which $1.0 billion is available for subscription. The current subscribed and paid-in capital is $875 million and $568 millionrespectively.The mandate of ICD is to support the economic development of its member countries through provision of finance to private sector projects in accordance with the principles of the Shari’a law. ICD finances projects that are specifically geared to creating employment opportunities and boosting exports. Furthermore, ICD mobilizes additional resources for projects and encourages the development of Islamic financing and capital markets.

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Investment focus

  • Industry: Financial Services, Banking, Credit
  • Stage:Debt Financing
  • Geography: Turkey, Uganda, Uzbekistan

Investor stats

  • Total investments: 10
  • Round size: Debt Financing $10M–$145M
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Anorbank — ANORBANK is a digital banking institution based in Uzbekistan, offering a wide range of financial services tailored to both individual and corporate clients. Established in 2020, ANORBANK employs around 90 professionals dedicated to providing innovative banking solutions. The bank's services include but are not limited to, digital bankingthrough its mobile app, financial consulting, and various loan options. ANORBANK also emphasizes the importance of customer feedback in enhancing its services, as evidenced by its active engagement in customer surveys and its commitment to using client input to drive improvements. With a focus on digital innovation, ANORBANK aims to make banking more accessible and convenient for its users in Uzbekistan.
  • Asaka bank — Aksaka bank is a financial organization that provides curated banking solutions to meet the personal, business, and corporate needs in the vicinity. The organization also offers personal loans and commercial credit facilities for individuals and local businesses.
  • Applied Plastic Industries Company — Applied for Plastics Industries, a major manufacturer in Jordan and a major participant in the non-woven industry in the Middle East. The company manufactures non-woven reusable bags, calcium carbonate, masterbatch, disposable medical apparel, and non-woven fabrics.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Anvar Abduqayumov
Angel · 1 investments in Uzbekistan startups

Anvar Abduqayumov

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Investment focus

  • Industry: Software
  • Stage:Angel
  • Geography: Uzbekistan

Investor stats

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

Portfolio highlights

  • Learnify — Learnify is an Uzbekistan-focused online platform that combines communities, online courses, and subscription services to help creators manage growth and income effortlessly.It empowers thought leaders, experts, and creators to build thriving membership-based communities with features like paid groups, video courses, events calendars, and memberinteractions. The platform supports Uzbek, Russian, and English, making it accessible locally while simplifying monetization without needing tech expertise.
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Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Uzbekistan startups

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Payments
  • Stage:Seed, Series A
  • Geography: Egypt, Singapore, India

Investor stats

  • Total investments: 19
  • Round size: Seed $200k–$3M; Series A $4.4M–$10M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
  • IMAN — One-stop shop for Halal investing
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Uzbek Industrial and Construction Bank
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Uzbekistan startups

Uzbek Industrial and Construction Bank is a financial institution in the Republic of Uzbekistan.

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Investor stats

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

Portfolio highlights

  • Idea Concept Group — idea is a chain of home appliances and electronics stores focused on giving customers the opportunity to buy goods on an effortless basis. The main concept of the store is "One document, one price, one idea". Therefore, you can arrange a bank installment plan and buy the desired product without unnecessary fuss and additional documents injust a few minutes.
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Vchasno Group
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Uzbekistan startups

Vchasno Group is a group of Ukrainian product IT companies that create digital solutions for business and the state.

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Investment focus

  • Industry: Wellness, Health Care, Therapeutics
  • Stage:Seed
  • Geography: Ukraine, Uzbekistan

Investor stats

  • Total investments: 2
  • Round size: Seed $1M–$1.2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • pleso therapy — pleso therapy is a managed mental health marketplace for 1:1 sessions with verified therapists. We provide an anxiety-free service by matching users with the best suited therapist
  • Hippo.uz — Hippo.uz is an ecosystem of services for businesses.
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IT Park Ventures
VC Fund · 1 investments in Uzbekistan startups

IT Park Ventures support the growth and success of early-stage tech firms with global potential

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Investment focus

  • Industry: Software, B2B, SaaS
  • Stage:Seed
  • Geography: Uzbekistan, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $400k–$1.5M
  • Lead/follow: 0% lead, 100% follow

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
  • Verifix — Verifix is a cloud-based HR automation platform designed to streamline workforce management for enterprises of all sizes. Built on a SaaS model, Verifix empowers companies to manage attendance, shift scheduling, payroll integration, and employee engagement in a single, user-friendly solution.The platform leverages advanced technologies such asbiometric attendance (including AI-powered facial recognition and liveness detection), real-time analytics, and seamless integration with third-party systems like 1C, R-Keeper, and Bitrix to ensure accuracy, security, and operational efficiency.With a tenant-isolated architecture and robust API ecosystem, Verifix serves over 600 enterprises, helping HR and operations teams reduce manual workload, prevent errors, and improve decision-making. Our mission is to become an indispensable part of our clients’ internal processes by providing a customizable, scalable, and secure HR technology infrastructure.Verifix is led by a team of experienced professionals in HR technology, cloud architecture, and business automation, serving customers across Uzbekistan and expanding into international markets.
  • 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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DOMiNO Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Uzbekistan startups, 8 in the past 12 months

DOMiNO Ventures is a venture capital fund focusing on high-tech, pure-digital and first-day global startups in Eastern Europe, Central Asia and the Caucasus.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $250k–$9.5M; Pre-Seed $300k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • 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.
  • Validfor — Validfor is an AI-Native agentic digital validation platform designed specifically to address compliance issues in the life sciences and pharmaceutical industries.
  • Antiverse — Designing biologics for 100 challenging targets
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Oesterreichische Entwicklungsbank AG
VC Fund · Vienna, Wien, Austria · 1 investments in Uzbekistan startups

Oesterreichische Entwicklungsbank AG provides loans at near-market conditions. The company also provides capital and increase the developmental effectiveness of projects with related programs.

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Vietnam, Mauritius

Investor stats

  • Total investments: 7
  • Round size: Post-IPO Debt $20M–$135M; Debt Financing $15M–$65M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital.
  • Asia Alliance Bank — Asia Alliance Bank provides savings, deposits, loans, credit, leasing, finance and online banking services.
  • EVF General Finance Joint Stock Company — EVF provides a wide range of financial services, including credit lines for micro, small, and medium-sized firms (MSMEs).
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SABAH.fund
VC Fund · 1 investments in Uzbekistan startups

Empowering the Pioneers Building Tomorrow with SABAH.fund.

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Investment focus

  • Industry: Artificial Intelligence, B2B, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Uzbekistan, United Arab Emirates

Investor stats

  • Total investments: 6
  • Round size: Seed $800k–$5.8M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • 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.
  • Wellbees — Wellbees provides a digital platform that helps organizations support employee wellbeing and engagement through personalized experiences and wellbeing programs. The platform offers access to one-on-one sessions with specialists such as psychologists, dietitians, physical trainers, and therapists, as well as educational content, webinars, and guidedactivities. Employees can participate in clubs, events, and challenges, track their progress, and receive AI-based recommendations tailored to their individual needs. For employers, Wellbees includes analytics tools, employee surveys, and dashboards that provide aggregated insights into wellbeing, engagement, and platform usage. The platform integrates with workplace applications such as Microsoft Teams and Slack and is available through web and mobile applications.
  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
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Tesla Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan startups

Tesla Capital is an early stage venture capital firm.

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Investment focus

  • Industry: E-Commerce, Financial Services
  • Stage:Seed
  • Geography: Uzbekistan

Investor stats

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

Portfolio highlights

  • IMAN — One-stop shop for Halal investing
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VR Capital Group
VC Fund · New York, New York, United States · 1 investments in Uzbekistan 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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Purple Ventures
VC Fund · Brno, Jihomoravsky kraj, Czech Republic · 1 investments in Uzbekistan startups

We invest smart, kind money into early-stage purpose-driven technology startups with initial revenue and global ambitions.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: Czech Republic, United Kingdom, India

Investor stats

  • Total investments: 45
  • Round size: Seed $551k–$2.3M; Pre-Seed $132k–$1.1M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • OnSinch
  • Fether Labs — Fether Labs is a UK-based startup developing wrist-worn XR hand-tracking and haptic hardware. Their technology enables precise gesture control and immersive interaction in extended reality environments, enhancing VR/AR experiences for gaming, training, and digital collaboration.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uzbekistan 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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Anvarjon Musaev
Angel · 1 investments in Uzbekistan 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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Block0
VC Fund · Walhain, Brabant Wallon, Belgium · 1 investments in Uzbekistan startups

Block0 is a Belgian IT company specialized in blockchain and decentralized technologies.

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Investment focus

  • Industry: Financial Services, Finance, Internet
  • Stage:Seed, Series A
  • Geography: India, Singapore, Uzbekistan

Investor stats

  • Total investments: 4
  • Round size: Seed $415k–$4.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • IMAN — One-stop shop for Halal investing
  • Bastion — Bastion is a lending, borrowing and exchange protocol built on Aurora, the Ethereum-compatible layer of the Near blockchain.
  • Infinity Exchange — Infinity is an Institutional Money Markets protocol with the most efficient market-making mechanism across DeFi.
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Pragmatech Ventures
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Uzbekistan startups

A Partnership to Take You Further - Pragmatech is a Venture Capital Firm & Startup Studio. Employing the pragmatic approach, we partner with exceptional founders to build fast-growing B2B SaaS and Marketplace companies.

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Investment focus

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

Investor stats

  • Total investments: 12
  • Round size: Seed $892k–$5.5M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • JENTIS — Mit JENTIS erheben Sie Ihre First Party Daten und leiten sie serverseitig DSGVO-konform an Ihre Marketing-Tools weiter. Jetzt Demo buchen.
  • Clearly.help — Get matched with your perfect therapist and schedule sessions both online and offline. Professional therapists for adults, pairs and minors.
  • 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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Investor funding in Uzbekistan at a glance

Stats across 101 deals from 67 investors.

67
investors
in Uzbekistan startups
101
deals
in Uzbekistan startups
$15M
median round
in Uzbekistan startups
57%
lead investors
lead at least one round
34%
Debt Financing
most common funding stage
94/6
VC / Angel
share of investor count

Access all 67 investors in Uzbekistan startups.

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VC (Venture Capital) Funds in Uzbekistan by industry