# Ipoteka Bank

> Ipoteka Bank is a VC fund in Tashkent backing Manufacturing, Retail and Automotive. See 2 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Tashkent, Uzbekistan
- Total investments: 2
- Last investment: Sep 2026
- Lead investor: 100%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/ipoteka-bank
- Website: http://www.ipotekabank.uz
- Facebook: https://www.facebook.com/Ipoteka-Bank-359478307403179/

Ipoteka Bank is a VC fund in Tashkent focused on Manufacturing and Retail. Ipoteka 94% state-owned bank, is fully involved in policy reforms and state development programs in Uzbekistan.

## Round sizes

| Stage | Round size |
| --- | --- |
| Debt Financing | $10M–$50M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 100% |
| Retail | 1 | 50% |
| Automotive | 1 | 50% |
| Telecommunications | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vades Group | Vades Group is a telecommunications company that manufactures microprocessor cards, banking cards, identity documents, and related products. | $10M | Debt Financing | Sep 05, 2026 |  |
| UzAuto Motors | UzAuto Motors is an automotive company that specializes in the production of vehicles. The company offers a range of cars under the brand name Chevrolet Ravon. UzAuto Motors is also involved in the supply chain management of automotive parts. The company operates with a workforce of approximately 4925 employees. UzAuto Motors maintains an officialwebsite and social media presence where they provide updates and information about their products and services. | $50M | Debt Financing | Jun 13, 2025 |  |

2 of 2 investments shown.

## Co-investors
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 1 deal together

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### Similar country
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- [UzVC National Venture Capital fund](https://shizune.co/investors/profile/uzvc-national-venture-capital-fund) — VC Fund

## Featured in investor lists
- [Enterprise Investors in Uzbekistan](https://shizune.co/investors/enterprise-investors-uzbekistan)

## FAQ

### What does Ipoteka Bank invest in?

Ipoteka Bank invests primarily in Manufacturing, Retail and Automotive startups, most often at Debt Financing stage. Most of the 2 investments tracked by Shizune back companies in Uzbekistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ipoteka Bank's check size?

Ipoteka Bank typically joins rounds of $10M–$50M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ipoteka Bank participates in.

### When did Ipoteka Bank last invest?

The most recent investment recorded for Ipoteka Bank closed in Sep 2026. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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