IT Park Uzbekistan and 500 Global Discuss the Development of Uzbekistan’s Startup Ecosystem

500 Global is an international venture capital firm that invests in high-growth technology startups and supports the development of entrepreneurial ecosystems. The company also runs international accelerator programs, including 500 Global in Eurasia for startups from countries across the region. According to the company, it manages approximately $2.3 billion in assets. 500 Global has already invested in a number of Uzbek startups, including TASS Vision, IMAN, Cerberus, Tezbor, Talklabs, and Unitlab AI. The total amount invested in these projects is at least $600,000.

Representatives of 500 Global also noted that the company has been investing in technology companies and startups in the Uzbek market since 2021–2022. These include companies founded by Uzbek entrepreneurs, as well as startups founded by foreign entrepreneurs and operating in Uzbekistan.

500 Global also expressed interest in implementing programs in Uzbekistan aimed at preparing startups to attract international investment and expanding their connections with foreign investors.

As part of its long-term strategy for developing its presence in Central Asia, 500 Global plans to support startups at different stages, from the early stage to entering international investment markets.

The meeting also placed particular emphasis on creating favorable conditions for venture capital funds, facilitating the movement of investment capital, and improving the efficiency of international funds operating in Uzbekistan.

Following the meeting, the parties agreed to continue cooperation on the systematic development of Uzbekistan’s startup ecosystem, creating more favorable conditions for venture capital investment, and helping local technology companies enter international markets.

For IT Park Uzbekistan, the development of such mechanisms creates additional opportunities for local startups to attract foreign capital, enter new markets, and establish direct connections with international investors. Cooperation with 500 Global also contributes to the further development of investment infrastructure and strengthens Uzbekistan’s position as a promising market for technology businesses in Central Asia.