Tumar Venture Fund
Early stage venture fund investing in fast -growing startups at different stages around the world
Tumar Venture Fund
the Early-Stage Venture Capital Fund was established in 2021 as part of the Stimulating Productive Innovation Project, in partnership with the World Bank and the Ministry of Digital Development, Innovation and Aerospace of Kazakhstan.

The fund is managed by White Hill Capital Ltd.

*The fund is registered as an Exempt fund in AIFC under the legal name TUMAR VENTURE FUND LP (BIN 211240900307)
About us
Financial instruments
Convertible loan | Equity | SAFE
Fund lifetime
8 (+2)
years
Fund size
$20-50
MILLION
Investment period
4 (+1)
years
We invest
Startups structured in the Kazakhstan, the founders of which are citizens of the Republic of Kazakhstan
01
Startups structured in any of the foreign jurisdictions of the world, where one of the founders is a citizen of the Republic of Kazakhstan
02
Startups structured in any of the jurisdictions of the world, where there are NO citizens of the Republic of Kazakhstan among the founders
03
Investment portfolio
Field of investments:
$50-500k
Pre-seed, Seed
Ticket size: Maximum target check 15% of the total fund
Round A, B, C
* a company or project whose activities are contrary to the UN Sustainable Development Goals and Principles or prohibited by the Laws of Republic of Kazakhstan
Agri-tech
E-commerce
Log-tech
Fin-tech
Health-tech
Other, not prohibited*
Our investments
    Advantages
    Astana Hub
    Capital markets
    Certified team
    Customer base
    PE&VC experience
    Experience at AIFC
    Investment banking
    Deal sourcing
    MDDIAI RK
    BIG 4 experience
    Deal structuring
    Network
    Mass Media
    Forbes Kazakhstan
    In Kazakhstan, a new venture fund with a capital of $ 50 million was created
    Capital
    A venture fund with capital up to $ 50 million was created in Kazakhstan
    Digital Business
    Kazakhstan Tumar Venture Fund is ready to invest in startups up to $ 50 million
    Atameken Business
    In Kazakhstan, a venture fund of early financing has launched
    BlueScreen
    The venture fund Tumar Venture Fund announces applications from startups
    ER10 Media
    Kazakhstan Venture Fund City Venture Fund announces applications from startups
    © Tumar Venture Fund 2022.
    All rights reserved.
    Contacts
    Republic of Kazakhstan, Astana city, Yesil district, Mangilik El ave. 55/7, pavilion C3.5 office 201
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