VC in Central Asia 2024

Executive Summary

The VC in Central Asia 2024 report covers a record $95M in total venture volume, representing a 7% year-over-year increase. Kazakhstan saw 35% growth in VC activity, with over 60 active investors participating across the region. The report benchmarks Central Asia against CIS counterparts and analyzes shifting investment trends.

$95M total volume (+7% YoY), 35% Kazakhstan growth, >60 active investors. CIS benchmarks and regional funding milestones.

Key Highlights

• $95M total VC volume — 7% year-over-year growth

• 35% growth in Kazakhstan VC activity

• Over 60 active investors across the region

• 53% of deals involve foreign investors

• CIS and Central Asia benchmarks established