How many rounds has each fund closed
Out of 127 total rounds, 80 were pre-seed, 42 seed, 4 Series A, and one round had no disclosed stage.
That makes pre-seed the dominant stage in Uzbekistan’s venture market today.
Which funds are active at pre-seed
Eight out of ten funds in the dataset have invested at the pre-seed stage.
The most active players are:
● Aloqa Ventures: 36 rounds, median check $20,000, range $10,000–$300,000
● IT Park Ventures: 17 rounds, median check $50,000, range $5,000–$150,000
● UzVC: 7 rounds, median check $100,000, range $30,000–$150,000
● Yoshlar Ventures: 7 rounds, median check $30,000, all seven deals in Uzbekistan
● CS//Angels: 6 rounds, median check $36,000
● UC Ventures: 3 rounds, median check $100,000
If your startup is at the earliest stage and looking to raise $15,000–$30,000, almost any fund on this list could be a fit.
If you are targeting $100,000+ at pre-seed, the most likely candidates are UzVC and UC Ventures, with Aloqa Ventures and IT Park Ventures occasionally participating at the upper end of their ranges.
Who invests at the seed stage
Six funds are active at seed, and check sizes vary significantly.
Aloqa Ventures and IT Park Ventures are the most active seed investors, with broad investment ranges.
SQB Ventures operates exclusively at the seed stage — all five of its disclosed rounds fall into this category.
UC Ventures and United Ventures write larger checks, but complete fewer deals.
The largest seed deal in the dataset was:
HeRo Study (Kazakhstan) — $1.7 million from UC Ventures in October 2024.
Which funds are active in Series A
The dataset includes only four Series A rounds, all involving just two funds:
● Royaltaxi — $1 million, led by Aloqa Ventures in December 2025
● Smartup — $500,000, from Aloqa Ventures in November 2025
● Smartup — $1 million, from IT Park Ventures in February 2026
● Flexsoft — $1 million, from IT Park Ventures in June 2025
That puts Uzbekistan’s current Series A range at roughly $500,000 to $1 million.
No other local venture funds appear in disclosed Series A data.
Key takeaways
● Uzbekistan currently has at least 10 active venture funds
● Between 2022 and April 2026, they completed 127 rounds totaling $16.11 million in disclosed investments
● 80 out of 127 rounds were pre-seed, making early-stage funding the clear center of the local venture market
● The most active pre-seed investor is Aloqa Ventures, with 36 rounds and a median check of $20,000
● For larger pre-seed raises, UzVC and UC Ventures stand out, both with $100,000 median checks
● Six funds are active at seed, with median checks ranging from $88,000 (UzVC) to $300,000 (UC Ventures and United Ventures)
● Only Aloqa Ventures and IT Park Ventures are currently active in Series A, with check sizes between $500,000 and $1 million
