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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Avito, established in 2007 by Jonas Nordlander and Filip Engelbert, is Russia's leading online classifieds platform. It facilitates the buying and selling of a wide array of items, including used cars, clothing, real estate, and collectibles, as well as services and event tickets. The platform connects buyers and sellers, enabling transactions without charging fees for ad placement, and caters primarily to small and medium-sized businesses.
Founded in 2012, Alchemist Accelerator is a San Francisco-based startup accelerator focused on seed-stage ventures that generate revenue from enterprises. It invests up to $40,000 and provides a six-month program offering mentorship, structured path to traction, fundraising, and community support for around 75 enterprise-focused startups annually.
Sberbank of Russia, founded in 1841 and headquartered in Moscow, is the largest credit institution in Russia and the Commonwealth of Independent States (CIS). It offers a wide range of banking products and services to individuals, small businesses, corporate clients, and financial institutions. Its offerings include consumer and education loans, mortgages, deposit accounts, and various types of cards, as well as personal banking services, cash transfers, and foreign exchange. Sberbank also provides investment services, mutual funds, asset management, and insurance products for real estate and vehicles. With a significant market presence, it holds a substantial share of retail deposits and corporate loans in Russia. The bank operates an extensive network of branches and regional banks across the country and has a presence in 18 countries internationally. The Central Bank of the Russian Federation is the principal shareholder, owning over half of the bank's shares. Sberbank has evolved into a universal commercial bank, emphasizing corporate banking, retail banking, and investment banking in its operations.
Founded in 2015, Almak Capital is an independent investment firm based in Dubai, United Arab Emirates. It offers a diverse range of investment opportunities across developed and emerging markets.
Baring Vostok Capital Partners, established in 1994, is a private equity firm headquartered in Moscow, Russia, with additional offices in Limassol, Cyprus, and Guernsey. The company invests in various stages of growth and across diverse sectors, including technology, media, natural resources, and consumer goods, primarily in Russia and the CIS region.
Google for Startups is an initiative supporting global startups. It offers access to Google's products, connections, and best practices through a network of partners in over 135 countries. The program aims to help determined startups succeed.
Founded in 1864, Royal Bank of Canada is a global financial institution headquartered in Toronto. It offers a wide range of services including personal and commercial banking, wealth management, insurance, investor services, capital markets, and venture capital through its subsidiaries like RBC Ventures and RBCx.
Startup Wise Guys is an accelerator and early-stage program based in Tallinn, Estonia, founded in 2012. It runs intensive up to five-month programs that validate and develop products and prepare founders to sell to business customers, culminating in demo days before venture capitalists and angel investors. The company focuses on B2B software as a service, fintech, cybersecurity, sustainability, and related tech sectors across Europe, and has accelerated more than 300 startups with a startup survival rate above 80%. It operates with a network of over 200 mentors who guide startups through product validation, market entry, and fundraising, and maintains a 300+ startup alumni community spanning more than 40 countries, with ongoing alumni events for business development and fundraising.
The Mahindra Group is an Indian multinational conglomerate with a diversified portfolio spanning automotive vehicles, farm equipment, financial services, real estate, and technology. It operates globally, generating significant revenue from its automotive segment, which includes the manufacture and sale of automobiles, spares, mobility solutions, construction equipment, and related services.
Tiger Global Management is a New York based investment firm that manages public and private market strategies to pursue technology-driven growth opportunities worldwide. Founded in 2001 by Charles (Chase) Coleman, the firm invests in leading global companies across various industries, with a particular emphasis on technology-enabled growth. In public markets it employs long/short and growth strategies, while in private markets it targets opportunities from early to late stage. The firm operates globally, including the United States, China, India, Latin America, and Eastern Europe, and works with portfolio companies across their lifecycle to drive long-term value.
Founded in 1953, Heidrick & Struggles International specializes in executive search and leadership consulting services. It assists clients worldwide in recruiting, managing, and deploying senior executives for management and board positions. The company's offerings include succession planning, talent retention management, executive assessment, development, transition consulting, and M&A human capital integration.
One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IIDF has invested in 402 tech startups. The Fund invests between 2.5M and 324M rubles in tech companies at early stages, i.e. pre-seed, seed and series A.
The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian online-projects.
IIDF's mission is to make Russia more attractive for tech enterpreneurs. They want to make the Russian venture market understandable and accessible to anyone who wants to begin or grow their Internet businesses.
Russia-China Investment Fund is a private equity firm established in 2012 and based in Moscow that concentrates on cross-border investments linking Russia, China and the CIS. It seeks to generate returns by backing projects and companies that strengthen bilateral economic cooperation, with a capital allocation strategy of at least 70% in Russia and the CIS and up to 30% in China. The firm targets opportunities across infrastructure and tourism, as well as sectors such as agriculture, mining, telecommunications, healthcare, oil and gas, forestry, energy, manufacturing and services, leveraging expertise in Russian and Chinese markets.
Artesian VC is an alternative investment management company that specializes in early-stage venture capital, particularly in the clean energy sector. Established in 2004 after spinning out from ANZ Banking Group, the company has evolved to manage a range of specialized funds, with a focus on seed and follow-on investments in startups sourced from approved accelerators, incubators, and academic programs. Artesian's investment strategy emphasizes partnerships with leading organizations in the startup ecosystem, enabling it to identify and support high-potential ventures. With offices in Sydney, Melbourne, Shanghai, New York, London, and Singapore, the company has built a global presence and has successfully raised over AUD 255 million for its various funds. Additionally, Artesian has expanded its reach through initiatives like its China VC Fund and plans for a Southeast Asia VC Fund, underscoring its commitment to fostering innovation in diverse markets.
HR&ED-tech is an investment accelerator focused on supporting technology startups in the human resources and education technology sectors. This firm specializes in helping early-stage companies thrive, particularly in emerging markets such as India, Indonesia, the Middle East, and North Africa. By providing access to funding, expertise, and a robust network, HR&ED-tech aims to unlock the potential of startups in these fields. In 2023, the firm introduced Scalez, an advisory program designed to assist startups in securing funding and expanding their operations into new markets. Through these initiatives, HR&ED-tech plays a crucial role in fostering innovation and growth in the HR and EdTech industries.
Founded in 1865, BASF is a global chemical company headquartered near the Rhine River in Germany. It produces a wide array of chemicals, plastics, resins, and agricultural solutions, serving multiple industries with a focus on automotive, agricultural, construction, and pharmaceutical sectors. BASF is committed to leading the energy transition by expanding its recycled and bio-based product portfolio.
SBI Group aims to become a corporate entity that provides a variety of one-stop financial services over the Internet now that two major events, the Financial Big Bang resulting from deregulation, and the Internet Revolution resulting from IT innovation, have radically transformed the financial industry.
QPDigital is a venture capital firm established in 2020 and located in Kyiv, Ukraine. The firm specializes in investing in emerging technologies, focusing on sectors such as artificial intelligence, blockchain, digital healthcare, information technology, logistics, and gaming. QPDigital aims to enhance the business models of its portfolio companies by providing support in client acquisition, optimizing technical infrastructure, and facilitating connections with top industry providers. The firm is dedicated to fostering innovation and growth within its targeted sectors.
Citigroup is a global financial services company headquartered in New York. Founded in 1812, it provides a broad range of financial products and services to individuals, corporations, governments, and institutions worldwide. The company operates through two main business lines: Global Consumer Banking, which includes consumer banking, card services, and related financial products, and Institutional Clients Group, which covers wholesale banking, investment banking and advisory, trading, research, cash management, and securities services for corporate, institutional, and public-sector clients. Citigroup serves markets across North America, Latin America, Asia, Europe, the Middle East, and Africa, and focuses on helping clients grow and manage their financial needs while supporting economic progress.
Runa Capital is a technology-focused venture capital firm established in 2010 that backs early-stage software and deep-tech companies worldwide. With offices in Luxembourg, Berlin, Palo Alto and London, and a track record across North America, Europe and Asia-Pacific, the firm relies on a team of founders-turned-investors with extensive operational experience. Runa Capital targets early-stage opportunities in AI and machine learning, open-source platforms, the future of computing, fintech infrastructure, enterprise software and related sectors, focusing on startups with potential for revenue and international growth. The firm supports portfolio companies in scaling to global markets and building international leadership, leveraging a broad professional network and cross-industry expertise. Its approach combines technical insight with hands-on operational support to help growth businesses become international champions.
Founded in 1968, Intel designs, manufactures, and sells essential technologies for cloud, smart, and connected devices worldwide. Its product portfolio includes platform products like central processing units and chipsets, along with non-platform products such as accelerators, boards and systems, connectivity products, and memory and storage products. Intel serves original equipment manufacturers, original design manufacturers, and cloud service providers.
Brinc is a global venture acceleration firm headquartered in Hong Kong. It operates multidisciplinary accelerator programs across seven countries, focusing on startups in blockchain technology, AI, connected hardware, robotics, climate tech, food technology, and IoT. Brinc also supports corporations with innovation strategies and Web3-enabled businesses.
Founded in 2012, Leta Capital is a venture capital firm based in Grand Cayman. It invests in early-stage B2B and B2C software startups globally, with a focus on the United States, Canada, Eastern Europe, and Israel. The firm supports innovative IT startup companies at their seed or early growth stage, aiming for long-term cooperation.
Abu Dhabi Investment Council (ADIC), established in 2007, is an investment arm of the Government of Abu Dhabi. It manages a globally diversified portfolio, investing in various asset classes to generate positive capital returns. ADIC's investment strategy includes public and private equity, fixed income, real estate, infrastructure, and global special situations. It employs active investment strategies, co-investments, and direct investments, with a focus on the MENA region. ADIC also provides support functions such as accounting, human resources, information technology, and general services.
S4 Capital is a digital advertising and marketing services company that integrates leading businesses in three practice areas: first-party data, digital content, and digital media planning and buying. Its strategy focuses on faster, better, cheaper executions in an always-on consumer-led environment.
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