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    Uzbekistan and Talos Capital Discuss Venture Cooperation and Startup Investment Opportunities

    A delegation of the Ministry of Digital Technologies of Uzbekistan, together with IT Park Uzbekistan, continues a series of strategic meetings in the United States aimed at expanding international venture cooperation and supporting the global scale-up of Uzbek startups.  



    As part of the visit, the delegation held a strategic meeting with Talos Capital, a U.S.-based venture capital firm specializing in early-stage investments in artificial intelligence, DeepTech, cybersecurity, defense technologies, Industry 4.0, and FinTech.  



    The meeting was attended by Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan; Farkhod Ibragimov, Chairman of the Supervisory Board of IT Park Uzbekistan; Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan; Jamila Khalibaeva, Global Marketing Director of IT Park Uzbekistan; Nir Netzer, General Partner at Talos Capital, and Paul Sheahan, Project Director of Saviday.   



    During the discussion, the parties explored opportunities to establish systematic cooperation in venture investment and startup acceleration. Talos Capital expressed interest in reviewing Uzbekistan’s national startup pipeline and jointly evaluating promising technology companies aligned with its investment focus areas. Special attention was given to creating a structured mechanism for deal-flow exchange and coordinated assessment of startups in partnership with IT Park Uzbekistan. 



    The discussion also covered potential participation of Talos Capital in Uzbekistan’s co-investment programs, including the Digital Startups Program, with coordination on joint due diligence, co-investment models, and early-stage investment acceleration initiatives. 


    Another key topic was soft-landing support for Talos Capital portfolio companies entering Uzbekistan, including access to IT Park infrastructure, regulatory advisory assistance, facilitation of pilot projects with local enterprises, and partnership development with the Uzbek private sector. 



    Additionally, both sides discussed knowledge sharing and collaboration in international innovation programs, including participation of Talos Capital representatives in ecosystem events, venture initiatives, and expert programs supporting DeepTech and AI development in Uzbekistan. 



    As a result of the meeting, the parties agreed to continue expanding cooperation, facilitating market entry for Talos portfolio companies into Central Asia, attracting venture investments into Uzbekistan-based startups, and strengthening the country’s integration into the global innovation ecosystem. 


    About Talos Capital  


    Talos Capital is a venture capital and advisory firm focused on deep AI and next-generation technologies. The firm invests in founders building transformational solutions in AI, cybersecurity and digital defense, Industry 4.0, and advanced enterprise and fintech systems. Beyond capital, Talos provides global market access, strategic expertise, and institutional partnerships to accelerate early-stage companies. 

     

    Latest news

    10 September 2026

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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    17 December 2025

    Why the world is ready to work with Uzbek engineers: the case of Truss and the Zero Risk program

    Truss is one of the companies that clearly demonstrates how strong engineering teams from Uzbekistan can influence the global technology market. Today, it stands among the fastest-growing member companies of IT Park Uzbekistan, working with U.S. and European clients and building infrastructure for international hiring through the Employer of Record model. Truss co-founder Kadir Fuzaylov shared with IT Park how the company transformed the region’s potential into a competitive advantage and why Uzbekistan has become a key point of growth in their global strategy.

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    16 July 2025

    IT Park Uzbekistan and Berlitz strengthen cooperation in talent development

    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    Representatives of IT Park Uzbekistan held a series of working meetings with member companies — E-LINE PRESS, LEGALMAX CENTRAL ASIA, FINANCIAL CHAIN CORPORATION, and IONE — during which the prospects for further business development, the implementation of new projects, and projected volumes of export services were thoroughly discussed.

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    10 September 2026

    IT Park Uzbekistan and East Telecom Discuss AI Infrastructure Development and Support for Uzbek Startups

    Azamat Karamatov, CEO of IT Park Uzbekistan, met with a delegation from East Telecom led by the company’s CEO, Park Sezoo.

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    09 September 2026

    IT Park Uzbekistan and SEE UP Advance Cooperation Between the Startup Ecosystems of Uzbekistan and Serbia

    On September 3, 2026, in Belgrade, an IT Park Uzbekistan delegation led by Advisor to the CEO Abdulakhad Kuchkarov met with SEE UP DOO CEO Dušan Obradović. The parties discussed strengthening ties between the startup ecosystems of Uzbekistan and Serbia, supporting the international expansion of startups, and exploring opportunities for joint initiatives.

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    09 September 2026

    A New Route for Startups: Uzbekistan and Serbia Connect Innovation Ecosystems

    Uzbek startups will gain new opportunities to enter the Serbian market and scale internationally. In turn, Serbian technology companies will be able to use cooperation with IT Park Uzbekistan to explore the Uzbek market and build stronger ties with the country’s local innovation ecosystem.

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    08 September 2026

    IT Park Uzbekistan Expands Employment Opportunities for Young People

    The expansion of local and international companies in Uzbekistan, including IT Park Uzbekistan members, is creating new jobs not only in the capital but also across the country’s regions. New opportunities are emerging for both experienced professionals and students and graduates who are just beginning their careers.

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    04 September 2026

    IT Park Uzbekistan Expands Cooperation with Serbia’s Technology Sector

    From September 1 to 4, representatives of IT Park Uzbekistan held a series of meetings in Belgrade with Serbian technology companies, industry associations, innovation centers, and accelerators. The key areas of discussion included the development of IT outsourcing and BPO, startup support, attracting international companies to Uzbekistan, and cooperation in AI infrastructure.

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    03 September 2026

    Gamescom 2026: IT Park Uzbekistan Expands International Opportunities for Uzbekistan’s GameDev Industry

    IT Park Uzbekistan took part in Gamescom 2026 in Cologne, where it held a series of meetings with international gaming companies and industry organizations. The key topics of discussion included supporting Uzbekistan’s GameDev startups, helping them enter international markets, providing access to overseas acceleration programs, identifying promising game projects, and creating opportunities for their further monetization.

    IT Park Uzbekistan and East Telecom Discuss AI Infrastructure Development and Support for Uzbek Startups

    IT Park Uzbekistan and SEE UP Advance Cooperation Between the Startup Ecosystems of Uzbekistan and Serbia

    A New Route for Startups: Uzbekistan and Serbia Connect Innovation Ecosystems

    IT Park Uzbekistan Expands Employment Opportunities for Young People

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