European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.
DOMiNO Ventures is a venture capital firm founded in 2021 and headquartered in Amsterdam. It backs early-stage, technology-driven startups with a global reach, focusing on AI, deep tech, cleantech, healthtech, fintech, HR tech, edtech, gametech, cybersecurity and life sciences, and operates from offices in Amsterdam, Istanbul, Estonia, Poland, Georgia, Azerbaijan, Kazakhstan and Uzbekistan.
CEECAT Capital is a private equity firm focused on investments in Emerging Europe, Central Asia, Turkey, Kazakhstan, and other select markets. It targets companies with EBITDA of EUR2 million or above and equity requirements between EUR10 million to EUR30 million across various sectors including Manufacturing, Food Processing, Consumer Goods, Business Services, Energy/Infrastructure, Telecommunications, Media and Technology, Transport and Logistics, and Healthcare.
Hanhong Private Equity Management Company Limited is an investment firm specializing in direct and fund of fund investments. For direct investments, it seeks to make private equity investments. The firm primarily invests in mining industry, natural resources, ore trading, petroleum extraction, and finance market sectors. It typically invests in companies based in Central Asia, Kazakhstan, China, Japan, Northern America and Europe. Hanhong Private Equity Management Company Limited was founded in August 2009 and is based in Beijing, China, with additional office in Shanghai, China.
Founded in 2020, MOST Ventures is a venture capital firm based in Almaty, Kazakhstan. It supports Central Eurasian technological startups building disruptive and globally scalable products.
Tesla Capital is an international early-stage impact venture capital firm headquartered in Singapore. The firm focuses on three primary areas of impact: supporting frontier technologies that address climate change and promote sustainability, equality, and inclusion; fostering technopreneurship in the frontier region of Central Asia through mentorship and investment; and encouraging diversity and cultural exchange to celebrate global diversity. Tesla Capital aims to invest in and empower startups that are dedicated to creating meaningful solutions for pressing global challenges.
DragonVenture, Inc. is a private equity and venture capital firm established in 1999, headquartered in Menlo Park, California, with additional offices in Shanghai and Beijing, China. The firm specializes in early-stage investments, focusing on seed and startup companies, particularly in the technology, media, and internet protocol sectors. DragonVenture prioritizes China-centric business opportunities, extending its investment reach to mainland China, Greater China, the United States, Central Asia, and South Asia. With a strong emphasis on sourcing exceptional investment prospects, the firm facilitates strategic joint ventures and collaborates closely with clients and partners to identify promising ventures. Its investment strategy revolves around backing exceptional management teams and businesses that leverage defensible technologies, with clearly defined exit strategies.
InFrontier is a UK-based investment firm focused on frontier markets. It aims to generate commercial returns for investors while supporting socioeconomic development in challenging regions.
Founded in 2014, Gojo & Company is a Tokyo-based holding company that enables financial inclusion for underserved communities worldwide. It invests in and partners with microfinance institutions across Southeast Asia, South Asia, Central Asia, the Caucasus, and Africa, aiming to provide access to financial services regardless of one's background.
Yahsat offers multipurpose satellite solutions for broadband, broadcast, military, and communications across the Middle East, Africa, Central and South West Asia. Based in Abu Dhabi, it is wholly owned by Mubadala Development Company.
VEON is a digital operator that provides mobile and fixed-line connectivity and related services across multiple markets. It offers voice and data services, roaming, content, and mobile financial services, along with fixed-line Internet, data transmission, and network access for consumers, businesses, and operators. The company operates under the Beeline, Kyivstar, Jazz, Djezzy, and banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, Armenia, and Georgia, serving about 212 million customers. Its activities focus on converged connectivity and digital services, including machine-to-machine offerings and international transit for partners.
I2BF Global Ventures, established in 2005, is an international venture capital firm with a global investment mandate. It focuses on investing in innovative companies across SaaS, Hardware Enabled B2B solutions (AI, IoT, AR, VR, robotics, RPA & automation), Digital Healthcare, and New Media sectors. With over $400M under management and offices in New York, London, and Los Angeles, the firm has successfully backed 60+ startups and exited 12 companies since its first investment in 2006.
Eurasian Development Bank is an international financial organization headquartered in Almaty, Kazakhstan, established in 2006 to promote economic growth and integration among its member states, which include Russia, Kazakhstan, Armenia, Tajikistan, Belarus, and Kyrgyzstan. The bank offers a range of banking products and services, including current accounts, term deposits, loans, and debt financing for both private and public entities. It is actively involved in financing infrastructure projects across various sectors such as power, mechanical engineering, chemicals, mining, and oil and gas. Additionally, the bank participates in the establishment of private equity funds and provides investment consulting services, aimed at fostering sustainable economic development and enhancing trade ties among its member countries.
White Hill Capital is a venture capital firm established in 2021 and located in Astana, Kazakhstan. The firm focuses on investing in fast-growing technology and IT companies across various stages and industries worldwide. With a team boasting over 20 years of investment experience in both local and global markets, White Hill Capital aims to identify and support innovative enterprises within the technology sector.
Marui Group operates two primary segments: Retailing and FinTech. The Retailing segment manages commercial property rentals, retail operations for clothing and accessories, space production, advertising, apparel distribution, and facility management. The FinTech segment offers credit card services, consumer loans, IT systems, real estate rental, and rent guarantee businesses.
Kazakhstan Potash Corporation Limited is a mineral exploration company focused on the identification, acquisition, exploration, and development of potash resources in Kazakhstan. The company owns interests in several key projects, including the Zhilyanskoye project, which spans 88 square kilometers in Aktobe Province, the Chelkarskoye project covering 779 square kilometers in northwestern Kazakhstan, and the Satimola deposit located in West Kazakhstan Province. Established in 2010 and based in Melbourne, Australia, Kazakhstan Potash aims to supply fertilizer products to both the burgeoning Chinese market and the domestic market in Kazakhstan, thereby contributing to the agricultural sector in the region.
Nostrum Oil & Gas is an independent oil and gas company focused on production, development, and exploration in Kazakhstan. It primarily operates in the pre-Caspian basin of western Kazakhstan, producing crude oil, liquid condensate, liquefied petroleum gas, and dry gas. The company manages its own pipeline network for product transportation to diverse international markets.
Founded in 2007, Qiwi operates electronic online payment systems across Russia, Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates. It offers payment services through a network of kiosks and terminals, enabling customers to pay for goods and services, transfer money, and use prepaid cards. Additionally, it provides digital banking services under the Rocketbank and Tochka brands.
HeadHunter is an online recruitment platform that connects job seekers with employers across Russia and several countries in the Commonwealth of Independent States, including Ukraine, Belarus, Kazakhstan, Azerbaijan, Lithuania, Latvia, and Estonia. Launched in 2000 and headquartered in Moscow, the platform offers a range of services to both employers and job seekers. Employers can access a CV database and post job openings for a fee, while job seekers can find suitable job opportunities through the platform's desktop and mobile applications. The company's focus is on facilitating the recruitment process, making it easier for companies to find qualified candidates and for individuals to secure employment.
Founded in 2011, Chocofamily is a leading e-commerce holding company in Kazakhstan, recognized for its rapid growth and commitment to employee satisfaction. It operates eight successful projects, each a market leader in its respective field, including Chocolife.me, Chocotravel, Aviata, and Idoctor. The company's mission is to 'Increase the number of happy people,' offering a range of services from daily deals to food delivery and online travel.
Founded in 2005 and headquartered in Moscow, UFG Private Equity is a private equity firm focusing on growth capital investments in small to mid-sized companies across various sectors. With a typical investment range of $15 million to $75 million, the firm targets companies with revenues between $20 million and $200 million, often acquiring at least a 25% stake. UFG Private Equity has a specific focus on companies based in Russia, Ukraine, Belarus, and Kazakhstan.
Yandex is a Russian internet company that operates the largest search engine in Russia. It provides swift search results and other standard services, including transportation services, navigation products, and mobile applications powered by machine learning.
Singulariteam Ltd. is a venture capital firm founded in 2012 and headquartered in Tel Aviv, Israel, with additional offices in Moscow, Auckland, Almaty, and Singapore. The firm specializes in early-stage investments, primarily targeting companies within the Fintech sector and advanced technology industries, including artificial intelligence, robotics, augmented reality, virtual reality, and nanotechnology. Singulariteam is recognized for its role as a super angel investor, focusing on innovative and disruptive technologies. The firm emphasizes the synergy between people and technology, leveraging the expertise of its team to quickly assess the potential of visionary entrepreneurs and their ideas. Singulariteam is committed to fostering long-term partnerships from the outset, providing continuous involvement and high-level professional support to its portfolio companies.
Big Sky Capital is a venture capital investment firm based in Astana, Kazakhstan. It backs early-stage founders in emerging markets building enterprise software as a service solutions, with a Founder First approach grounded in the founders’ experience as serial entrepreneurs. The firm emphasizes practical support to help portfolio companies scale, addressing product development, market access, and execution challenges in the enterprise SaaS space.
Impact Capital Global, founded in 2018 and based in Moscow, Russia, is a private equity investment firm focused on growth and expansion. The firm targets early-stage and growth-stage companies across various sectors. With a presence in markets such as Britain, Spain, Portugal, the UAE, China, Russia, Kazakhstan, and Armenia, Impact Capital is actively expanding its footprint through new branches and an affiliate program. Its diverse client base includes corporate entities such as funds, banks, and family offices, as well as individual investors with capital ranging from $50,000 to several billion dollars.
Al Hilal Bank is a 100% government-owned Islamic bank based in Abu Dhabi, United Arab Emirates, established in 2007. The bank offers a comprehensive range of financial products and services through its Wholesale Banking Group, Personal Banking Group, and Treasury Banking Group segments. Its offerings include current and savings accounts, various financing solutions such as home, auto, and personal finance, as well as credit and debit cards. Al Hilal Bank also provides corporate banking services, wealth management, cash management, and Islamic insurance. The bank facilitates transactions through multiple channels including phone, SMS, and internet banking services. With branches in the UAE and Kazakhstan, Al Hilal Bank is recognized for its rapid growth and commitment to serving individual and institutional clients.
Central Asia Metals is a base metals producer with copper operations in Kazakhstan and a zinc and lead mine in North Macedonia. The company operates the Kounrad copper project in Kazakhstan and the Sasa zinc and lead mine in North Macedonia. Copper cathodes from Kounrad are sold under an off-take arrangement with Traxys, while zinc and lead concentrates from Sasa are sold to European smelters through Traxys. The majority of revenue is generated by the Kounrad operation, with most sales geographically arising from Kazakhstan.
Samurai Incubate is a Tokyo-based venture capital firm that invests in early-stage startups across Africa, Israel, and Japan, with a focus on information technology and software-as-a-service companies. The firm provides hands-on support in management, marketing, sales and human resources, and offers advisory services and external director assignments to help portfolio companies develop vision, build revenue models, and monetize growth. Established to empower startups to scale through practical expertise and strategic guidance, Samurai Incubate emphasizes action and market-facing execution to realize greater revenue potential. By combining investment with active governance and mentorship, it aims to accelerate growth for businesses operating in dynamic technology sectors across multiple regions.
Quest Ventures is a Singapore-based venture capital firm founded in 2011 that invests in startups across Asia in the digital economy, including artificial intelligence, e-commerce, marketplaces, entertainment, finance, food, insurance, logistics, media, property, sports, and the Islamic digital economy. Its portfolio features companies such as 99.co, Carousell, Carro, Oddle, Shopback, Xfers, and Yummy Corporation. The firm collaborates with Silicon Valley's Applied Innovation Institute to drive enterprise transformation across sectors like alternative food, aviation, banking and insurance, logistics and transportation, oil and gas, and smart cities. Quest Ventures emphasizes impact and ESG, pursuing initiatives in financial inclusion, healthcare, education, gender equity, and other social good programs in Asia. By end-2023, its portfolio of over 100 companies operates in more than 150 cities and employs over 4,400 people, with enterprise and ESG activities reaching thousands more.
The International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. It provides financial services, including loans and equity investments, ranging from $1 million to $100 million, with a focus on projects that drive economic growth and social impact. IFC invests across various sectors such as infrastructure, agriculture, manufacturing, healthcare, education, technology, and financial services.
Accial Capital, founded in 2017 and headquartered in Massachusetts, is a tech-enabled investment firm focused on small business and consumer loan portfolios in Latin America and Southeast Asia. The firm collaborates with technology-driven loan originators in emerging markets to facilitate financing for consumers and small businesses. By leveraging data, technology, and credit expertise, Accial Capital aims to enhance credit accessibility and promote financial health in these regions. The company offers institutional investors an opportunity to engage in a diversified portfolio of private debt across multiple countries and platforms, targeting high-yield investments while contributing positively to the communities it serves.
Uzbek-Oman Investment is a private equity firm based in Tashkent, Uzbekistan. Founded in 2010, it pursues investments in metalworking, textile production, chemical and petrochemical, construction, food processing, tourism and hospitality, insurance, and banking, and it also invests in real estate properties.
Established in 2000, Dream Incubator is a strategic consulting firm primarily serving Japanese corporate clients and governmental institutions. It provides capital and professional services to support the growth of next-generation companies, while also operating its own businesses.
TGVest Capital is a private equity investment firm headquartered in Taipei, Taiwan. It seeks to invest in semiconductor and hardware, advanced manufacturing, enterprise and B2B software, and tech-enabled services.
Nomura Holdings, founded in 1925 and headquartered in Tokyo, is a prominent financial services provider that operates globally. The firm offers a comprehensive range of services including investment banking, securities trading, asset management, and advisory services to individual and institutional clients, as well as government entities. Nomura's diverse business divisions encompass retail services in Japan, global markets, investment banking, and merchant banking. Additionally, its asset management arm, Nomura Asset Management, focuses on managing pooled investment vehicles and equity mutual funds, primarily in the Asian public equity markets. With regional offices in Hong Kong, London, and New York, Nomura employs approximately 26,000 staff worldwide and aims to deliver tailored financial solutions while fostering sustainable growth and enhancing shareholder value.
Established in 1925, Sumitomo Mitsui Trust Bank is a leading Japanese financial institution offering a wide range of services including banking, leasing, investment sourcing, market research, asset management, debt financing, securities investment, and investment advisory services. It also manages equity products for corporate and governmental pension funds, with a focus on Japanese and Asian markets.
Sumitomo Mitsui Banking Corporation is a Japanese multinational banking and financial services company that provides a comprehensive array of financial services primarily focused on banking. Its operations encompass leasing, securities, credit card services, investment, mortgage securitization, venture capital, and various credit-related businesses. As a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, the bank has established a significant presence in the financial sector, being recognized as the second largest bank in Japan by assets as of 2009. Through its diverse offerings, Sumitomo Mitsui Banking Corporation serves a wide range of clients, contributing to its strong standing in the banking industry.
Rheos Capital Works, Inc. is a privately owned investment manager based in Tokyo, Japan, specializing in equity portfolio management and investment advisory services. Founded in April 2003, the firm caters to domestic and international financial institutions and pension funds. Rheos manages separate client-focused equity portfolios and operates the investment trusts "Hifumi Investment Trust" and "Hifumi Plus." The firm's investment strategies include a microcap focus on companies with market capitalizations below 30 billion yen and a small mid-cap strategy for companies between 30 billion and 300 billion yen. Additionally, Rheos employs a long-short investment strategy, utilizing a combination of qualitative and quantitative techniques, alongside a bottom-up stock-picking approach, supported by in-house research to inform its investment decisions.
Founded in 2013, Mizuho Bank is a Tokyo-based commercial bank offering corporate and investment banking services. It provides a wide range of deposit products, loans, and investment banking services to major corporations, financial institutions, and public sector entities worldwide.
TBC Bank Group offers a comprehensive range of financial services, including banking, insurance, leasing, brokerage, and corporate advisory services. It caters to corporate clients, micro, small, and medium enterprises, and individual customers across Georgia, Azerbaijan, and Uzbekistan.
Founded in 2000, RTP Global is a venture capital firm specializing in early-stage technology investments. With offices in New York, London, and Bangalore, the company supports young companies globally with strategic know-how and a broad network. Notable successes include Yandex, EPAM, Delivery Hero, RingCentral, Datadog, and Ozon.
Established in 1998, Future Venture Capital is a Japanese venture capital firm specializing in early-stage investments. It focuses on diverse industries within Japan, with a preference for technology and industrial sectors.
Headquartered in San Francisco with offices globally, Citi Ventures explores, incubates, and invests in innovative ideas across fintech, data analytics, commerce, security, marketing, property tech, distributed ledger technology, and digital assets. It collaborates with Citi colleagues, clients, and the broader innovation community to drive discovery of new value.
Ikhlas Capital is a private equity firm based in Singapore that targets opportunities across Southeast Asia. Founded in 2019, it partners with companies to help them scale and contribute to the region’s development, applying capital across ASEAN markets to create durable value.
Seven Bank, Ltd. is a Japanese banking institution that offers a range of financial products and services to both individual and corporate customers, primarily focusing on convenience through its extensive ATM network. Established in 2001 and headquartered in Tokyo, the bank operates over 25,000 ATMs across Japan, along with a presence in the United States and Indonesia. Its services include accepting various types of deposits, providing personal loans, and facilitating money transfers, as well as offering debit and credit card options. Additionally, Seven Bank provides back-office support services for financial institutions and allows customers to access its services through the Internet and mobile applications. The bank aims to enhance customer convenience, particularly through its strategic partnerships with numerous financial institutions.
The Government of Canada provides a centralized online platform for accessing government information and services, ensuring accessibility via any internet-connected device. It offers insights into the government's operations, priorities, laws, finances, transparency initiatives, digital governance, and policies.
Sompo Holdings is a Japanese insurer and financial services group providing property and casualty insurance, life insurance, and related products. Its businesses include domestic non-life and life insurance, overseas insurance, and long-term care services, with ongoing development of digital and healthcare initiatives. Formed in 2010 from the merger of Sompo Japan and Nipponkoa Insurance, it is based in Shinjuku, Tokyo. The Sompo brand originated in 2001 from the merger of Yasuda Fire, Nissan Fire, and Taisei Fire. In Japan, Sompo holds about 26% of non-life insurance premiums, behind Tokio Marine and MS&AD, reflecting its significant market presence.
Founded in 1908, Baillie Gifford is an independently owned investment management firm based in Edinburgh, UK. It is owned and run by senior executives as a partnership, ensuring long-term stability for clients and employees.
Established in 2014 and headquartered in Tokyo, this company serves as the venture capital arm of Tokyo University of Science. It focuses on investing in early-stage ventures.