Yoshlar Ventures portfolio companies in San Francisco raise $3.7 million at a valuation exceeding $270 million

Startups in the Yoshlar Ventures residency program, which are developing projects in San Francisco, have raised a total of $3.7 million in funding. The combined valuation of their companies has already exceeded $270 million.

The trip to San Francisco was part of the fund’s work with its resident startups. Yoshlar Ventures CEO Abdulaziz Yakubov and his team held meetings with investors and potential partners, including Soma Ventures, Evon Ventures, and the Sacramento Kings. Following a series of meetings, the parties began discussing potential collaborations.

The fund attributes these results to the growing interest of international investors in technology projects from Uzbekistan. A presence in Silicon Valley opens up an additional path to global markets for entrepreneurs.

The specific terms of the deals, timelines, and distribution of funds among the portfolio companies have not been disclosed. The next steps for the fund and its partners in San Francisco are still under discussion.