📄 The central topic of discussion was the creation of a Fund of Funds for venture investments aimed at attracting global capital, developing the startup ecosystem, and strengthening Kazakhstan's position as a regional hub for technology and innovation.
🎤 Invited to the dialogue were Stanford University professor and recognized venture investment expert Ilya Strebulaev, partners at Andreessen Horowitz Malika Aubakirova and Lightspeed Venture Partners Galym Imanbaev, as well as DCVC investment director Anna Fokina. They shared their experiences in innovation development and emphasized that to attract global capital, it is necessary to strengthen the legal infrastructure and create conditions to support startups at later stages of their development.
📊 Minister of Digital Development, Innovations, and Aerospace Industry, Zhaslan Madiev, noted that Kazakhstan already holds a leading position in Central Asia, accounting for over 70% of all venture deals in the region. Over the past 5 years, the volume of venture capital in the country has grown more than sixfold, reaching $80 million.
The creation of the fund marks a new stage in the development of the country's venture market, aimed at integrating Kazakhstan into the international ecosystem of investments and technologies.
The Venture Investment Fund aims to attract $1 billion in private investments in the medium term, which will be directed to leading global, regional, and Kazakhstani venture funds. To date, applications from major Kazakhstani businesses have already exceeded $100 million to form the fund's initial capital.
Special attention in the fund's work will be given to promising areas, including artificial intelligence, digital healthcare, and other key technological sectors. By 2030, the global artificial intelligence market is expected to grow to $827 billion, making this area a priority for investment.
🎤 Invited to the dialogue were Stanford University professor and recognized venture investment expert Ilya Strebulaev, partners at Andreessen Horowitz Malika Aubakirova and Lightspeed Venture Partners Galym Imanbaev, as well as DCVC investment director Anna Fokina. They shared their experiences in innovation development and emphasized that to attract global capital, it is necessary to strengthen the legal infrastructure and create conditions to support startups at later stages of their development.
📊 Minister of Digital Development, Innovations, and Aerospace Industry, Zhaslan Madiev, noted that Kazakhstan already holds a leading position in Central Asia, accounting for over 70% of all venture deals in the region. Over the past 5 years, the volume of venture capital in the country has grown more than sixfold, reaching $80 million.
The creation of the fund marks a new stage in the development of the country's venture market, aimed at integrating Kazakhstan into the international ecosystem of investments and technologies.
The Venture Investment Fund aims to attract $1 billion in private investments in the medium term, which will be directed to leading global, regional, and Kazakhstani venture funds. To date, applications from major Kazakhstani businesses have already exceeded $100 million to form the fund's initial capital.
Special attention in the fund's work will be given to promising areas, including artificial intelligence, digital healthcare, and other key technological sectors. By 2030, the global artificial intelligence market is expected to grow to $827 billion, making this area a priority for investment.