International venture fund selects Kazakh startups for acceleration

International venture fund selects Kazakh startups for acceleration

Four Kazakh IT startups, along with six projects from Georgia, Uzbekistan, Azerbaijan, and Kyrgyzstan have been selected by DOMiNO Ventures, an international venture fund, to participate in the BetterFuture AI acceleration program. The «Astana Hub» technology park signed a memorandum of cooperation with the fund last year, facilitating the participation of domestic startups in acceleration programs to attract funds for the development of their projects and investors interested in the innovative potential of Central Asia and the Caucasus. The two-month training program aims to equip participants with global competitiveness skills, covering both technical and business techniques.

«DOMiNO Ventures has already invested $490,000 in the Kazakh GoDays startup in March of this year. The recent selection process focused on artificial intelligence startups, with a significant number being from Kazakhstan. Accordingly, they will receive training from top experts. At the end of the program, these startups may receive investments of up to $250,000,» said Tanat Uskembayev, managing director at «Astana Hub».