Investor’s Room at ICT Week and Startup and Venture Summit 2024

Tashkent, Uzbekistan – September 18, 2024 — As part of the Startup & Venture Summit organized by IT Park Uzbekistan, the Investor's Room was held at the CAEx Expo Center. The event brought together leading representatives of venture capital and promising startups from around the world, offering a unique platform for direct communication and discussions on potential investments.

Eighteen venture funds participated in the Investor's Room, representing countries such as the United Kingdom, Turkey, Azerbaijan, Kazakhstan, the USA, Russia, Qatar, and Uzbekistan. Among the notable participants were renowned funds such as Plug & Play, Sturgeon Capital, DOMiNO VC, Invest Qatar, and Venture Fund "HIVE," among others.

A total of 70 applications were submitted by startups from various countries for participation in the Investor's Room. Following a rigorous selection process, 26 startups were chosen by an expert panel. Among the selected were startups that had previously participated in leading global acceleration programs, including Jett, Finq, Delever, Finco, Magicstore.ai, Sug’urta Bozor, Poweron.ai, Uysot, Coursestore, Avto Salom, Dialix, Ameen, Nyra, Z Med, Growz, Ele, Ongila, Arkay Media, Jobster, Zingo, EduCity, Between, Exode, Puls Ev, and GLMS.

The Investor's Room was conducted in the format of dynamic pitch sessions, enabling startups and investors to establish connections in a short time. Several startups successfully secured substantial investments and entered into preliminary agreements for further collaboration. Notably, the startup Royal Taxi raised $200,000 from AloqaVentures, Platma also secured $200,000 from AloqaVentures, and Sug’urta Bozor attracted $100,000 following their presentation at the Startup Pitches.

The event provided a significant platform for startups, fostering stronger ties between innovative projects and venture capital. It also offered an excellent opportunity for startups to draw attention to their technological developments, gain valuable experience in engaging with investors and experts, and learn about global industry trends. Participants exchanged ideas, presented their solutions to potential partners and investors, and received critical feedback to further develop their projects.