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)
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*
Advantages
Astana Hub
Certified team
Customer base
PE&VC experience
Investment banking
MDDIAI RK
Experience at AIFC
Deal sourcing
Deal structuring
Capital markets
BIG 4 experience
Network
Mass Media
Forbes Kazakhstan
In Kazakhstan, a new venture fund with a capital of $ 50 million was created