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  • Writer's pictureKelly Alica Liman

Top 3 Venture Capital Firms (VCs) in Uzbekistan

Uzbekistan has experienced a significant increase in investment activities in its venture capital market; with both local and international venture capital firms actively involved in funding rounds and forming strategic partnerships. Local firms such as UZVC and Semurg VC have established collaborations with international investors and accelerators; which enable cross-border cooperation, the exchange of knowledge, and access to global markets. In this article, we have compiled a comprehensive list of the top VC funds and angel investors in Uzbekistan that may be the right funding partner for you.





Find Venture Capital Firms in Uzbekistan
Find Venture Capital Firms in Uzbekistan

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Venture Capitalist Funds in Uzbekistan


The venture capitalist funds below are actively looking for investments in promising companies throughout various stages and sectors. The stages stated do not limit the possibility of getting funding if your company is at any stage other than what is listed.



  • Year of Inception: 2020

  • Geography: Central Asia, Bangladesh, Pakistan, Egypt

  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: TASS, Sugurta Bozor, Pastoral, Mohirdev

  • Contact


UzVC National Venture Capital Fund works in partnership with Sturgeon Capital, to provide funding in Central Asia. With a strong presence in the Uzbek market and impressive growth statistics, UzVC is dedicated to supporting the growth of startups and actively participates in financing startup projects through equity partnerships established through bilateral agreements. Additionally, the fund's pioneering Startup Growth Program, which includes valuable insights from investors and entrepreneurs in Silicon Valley, further demonstrates its commitment to nurturing and empowering local entrepreneurs.



  • Year of Inception: 2017

  • Geography: Uzbekistan

  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact


RB Asia, established by RB Partners Group in 2017, is a highly regarded venture capital firm in Uzbekistan. The company's focus is on providing investment advisory and corporate finance services to both local and international companies looking for opportunities to expand and form partnerships. Specializing in venture capital investments during the early stages of company development, RB Asia is committed to utilizing its extensive industry network and practical business experience to effectively support its portfolio companies in gaining a significant competitive edge and achieving their business objectives.



  • Year of Inception: 2021

  • Geography: Uzbekistan

  • Stage: Seed, Series A

  • Focus: Technology, Financial Services, Retail Enterprise, Software

  • Notable Portfolio: Multicard, Jett, Rahmat, Multibank

  • Contact


SEMURG VC is an esteemed private equity and venture capital firm headquartered in Tashkent, Uzbekistan, focusing primarily on the CIS market. The company combines a venture capital fund and a Venture Builder to actively support the creation and expansion of technology startups. With a strong emphasis on technological solutions in areas such as financial services, retail, and enterprise software, SEMURG VC provides valuable tools, expertise, and access to a vast network of industry professionals to early-stage businesses.





Closing Thoughts on VCs and Angel Investors in Uzbekistan


The partnership between local venture capital funds and global counterparts has played a crucial role in granting Uzbek startups the opportunity to reach international markets, establish valuable connections with prominent corporations and investors worldwide, and enhance the capabilities and understanding of Uzbek entrepreneurs through mentorship programs, workshops, and events. As the nation continues its efforts to rejuvenate its economy and attract global investors, there is a positive outlook for the startup ecosystem.


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