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Top 10 Startup Investors in Uzbekistan (May 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
2 Pakistan, United Arab Emirates, Ukraine Seed, Series A, Pre-Seed FinTech, SaaS, Financial Services $150k–$17M
TaiwanICDF
VC Fund
1 Uzbekistan Debt Financing
Battery Road Digital Holdings
VC Fund
1 Egypt, Singapore, India Seed, Series A E-Commerce, Payments, Financial Services
Vector Crypto Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Tesla Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Block0
VC Fund
1 India, Singapore, Uzbekistan Seed, Series A Financial Services, Finance, Internet $420k–$4.2M
MyAsia VC
VC Fund
1 India, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, E-Commerce
European Bank for Reconstruction and Development
VC Fund
1 Turkey, United States, Russian Federation Debt Financing, Series A, Series B Financial Services, Banking, Finance $3.2M–$88M
Le Mercier’s Capital
VC Fund
1 Uzbekistan Seed E-Commerce, Financial Services
Quest Ventures
VC Fund
1 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Marketplace $50k–$7.7M
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Investor list

Sturgeon Capital
VC Fund · London, England, United Kingdom · 2 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, SaaS, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Pakistan, United Arab Emirates, Ukraine

Investor stats

  • Total investments: 14
  • Round size: Seed $150k–$12M; Series A $10M–$17M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Shikho — Shikho is a Bangladeshi education technology company on a mission to revolutionise the way Bangladesh learns today and democratise access to a high quality education. It is building a hyper-localised digital learning ecosystem designed specifically for the Bangladeshi national curriculum to serve a growing total addressable market of ~42 millionstudents. "Shikho - The Learning App" is available on the Google Play Store.
  • Trukkr — Trukkr is Pakistan's First and Largest Online Logistics Platform. They make the process of booking commercial cargo fast by linking a shipper with transporters over a secure, intuitive and powerful platform. We ensure that shippers have complete transparency in price discovery, visibility, flexibility, and choice while at the same time givetransporters easy access to more jobs, whenever they want them. Founded in 2019, Trukkr is committed to reinventing the old school trucking industry in Pakistan by making it easier for millions of truckers to book a load and move at capacity, while ensuring shippers have access to the right truck, at the right time.
  • Pastoral — Pastoral is an agtech precision regenerative livestock farming platform built for the needs of global livestock farmers.
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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

  • Stage:Debt Financing
  • Geography: Uzbekistan

Investor stats

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

Portfolio highlights

  • Milk Euro Food — Milk Euro Food is the producer and distributor of butter, spreads, and margarine in Central Asia.
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Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Uzbekistan startups

Frontier Markets venture capital

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Investment focus

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

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • zypl.ai — zypl.ai applies 'no data' AI at scale to advance financial inclusion in emerging and frontier markets. Our SaaS solution enables banks and microfinance organizations to instantly and accurate underwrite loans, both offline and digitally, to consumers with limited or no credit history.zypl's proprietary approach includes training AImodels on synthetically generated data with simulation of 'black swan' conditions, providing stable and adaptable SaaS in spite of macro volatility in developing markets. Apart from analyzing traditional variables such as social, demographic, and professional background of clients, our SaaS reviews device metadata, psychometrics, web trace, and macroeconomic factors to arrive at credit decisions.In the process, we fully customize AI models to risk appetite of each individual enterprise partner with the goal of reflecting their competitive market advantages. Additionally, we offer complete flexibility on mode of integration through either cloud or on-premise deployment based on enterprise preference. We only deploy explainable AI models with embedded 'weight-of-evidence' interpretation of each decision made by the software, complying with emerging regulatory requirements on credit scoring.Having launched our beta last year, we have scaled presence to 10 enterprise clients in 4 markets across Central Asia. In this time, we have underwritten >$9 million in consumer and small business (services, trade, agriculture) loans to over 12 thousand consumers with staggeringly low 0.7% portfolio-at-risk rate. Since booking first revenue earlier this year, we have surpassed 25% compounded monthly growth rate and reached financial break-even this month.As a complement to credit scoring, our product team has ventured into churn prediction in telecom sector through partnerships with 3 leading telcos in Central Asia. Our rapid product iteration and development is a result of an AI Academy that we have launched to nurture talent internally.zypl.ai was ideated at Stanford University's Startup Garage and recently completed the Silkway Accelerator by Google for Startups and Astana Hub. Our startup was launched with a grant from the Islamic Development Bank as part of the Transform Fund. With our pre-seed capital raise, we plan on globalizing our AI SaaS solution by expanding to new markets in MENA, Southeast Asia, and Eastern Europe.
  • 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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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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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: no public data

Portfolio highlights

  • IMAN — One-stop shop for Halal investing
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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 $420k–$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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MyAsia VC
VC Fund · 1 investments in Uzbekistan startups

MyAsia VC

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Deciml — Deciml is an investment app in India that enables Indians to start investing young by investing the spare change from their online transactions. Download App.
  • Neem — Neem is an embedded finance platform enabling Financial Wellness for underbanked communities across emerging markets, starting in Pakistan.
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 1 investments in Uzbekistan startups, 6 in the past 12 months

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, Series A, Series B
  • Geography: Turkey, United States, Russian Federation

Investor stats

  • Total investments: 127
  • Round size: Series A $3.2M–$10M; Series B $4M–$30M; Debt Financing $3.8M–$88M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Voltalia — The Investor Relations website contains information about Voltalia's business for stockholders, potential investors, and financial analysts.
  • Masdar Capital — Masdar Capital is developing & deploying commercial-scale renewable energy projects.
  • TBC Bank Uzbekistan — The first next-generation greenfield digital bank in Uzbekistan, established by TBC Group - FTSE 250 constituent financial services group
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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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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, Marketplace
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Malaysia, Kazakhstan

Investor stats

  • Total investments: 107
  • Round size: Seed $50k–$800k; Pre-Seed $50k–$54k; Series A $1.8M–$7.7M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $7.5M in 2021

Portfolio highlights

  • ZumVet — ZumVet provides access to affordable and convenient veterinary care through video calls and medication delivery. They are passionate about animals and want them to get the best possible care by offering video consults, referrals, home visits, and emergency services. It was incorporated in 2019 and is based in Singapore.
  • Ion Mobility — Ion Mobility is a tech-driven all-electric mobility company tackling a challenging and complex space.
  • Smoothly — Startup is a place where ideas are built. A place where we are always looking toward the future; new horizons in design and development are just ahead.
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Investor funding in Uzbekistan at a glance

Stats across 8 deals from 14 investors.

14
investors
in Uzbekistan startups
8
deals
in Uzbekistan startups
$3.7M
median round
in Uzbekistan startups
29%
lead investors
lead at least one round
63%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 14 investors in Uzbekistan startups.

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