Talos Capital explored cooperation with Uzbekistan in the field of AI

From September 8 to 10, a delegation from Talos Capital, led by Chris Tsangos, Co-Founder of the Greek innovation ecosystem and former Managing Director of Microsoft Greece and Intel Greece, visited Uzbekistan. As part of the visit, the delegation held meetings with representatives of government institutions and IT Park Uzbekistan.

On behalf of IT Park Uzbekistan, the delegation was received by Farkhod Ibragimov, Chairman of the Supervisory Board, and Abdulakhad Kuchkarov, CEO. During the discussions, IT Park representatives presented the range of support measures and competitive advantages that position Uzbekistan as an attractive destination for international investors and technology enterprises.

Talos Capital is a venture capital firm specializing in investments in advanced technologies, with a primary focus on artificial intelligence, deep tech, cybersecurity, and defense. The company concentrates on early-stage investments (seed and Series A) and maintains offices in Greece, Germany, Israel, New York, and San Francisco. Its team includes internationally recognized technology leaders such as Chris Tsangos, Nir Netzer, Stratos Davlos, and Manfred Tropper.

During the meeting, the delegation was briefed on the opportunities offered by IT Park and on Uzbekistan’s broader infrastructure potential. Particular attention was given to support mechanisms for international companies, including tax and customs incentives, simplified visa and work permit procedures for foreign specialists, and other measures designed to facilitate business operations in the country.

The discussions also highlighted the competitive advantages of Uzbekistan’s IT sector, notably strong government support for the digital economy, the availability of highly qualified professionals, the country’s strategic geographic location, and its potential to serve as a gateway to regional and global markets.

In addition, the parties exchanged views on the development of the startup ecosystem and venture capital investment. Talos Capital expressed strong interest in the opportunities presented and confirmed its readiness to pursue partnership initiatives.

Collaboration with Talos Capital will represent an important step in attracting international investment and further strengthening Uzbekistan’s position in the global IT market. Joint projects are expected to capitalize on the country’s existing advantages — including robust state support, a skilled talent pool, and its strategic location — to advance startup development, enhance workforce training, and facilitate entry into new technology markets.