powered by

ministry of economy and finance

UzVC is a fund of funds which backs exceptional managers - both local and international - who are unlocking opportunities in Central Asia's fastest-growing economy of Uzbekistan.

Join us for the SGP Finale at Demo Day on December 5th

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{ Who we are }

UzVC is Uzbekistan's first VC firm, now operating as a government-backed fund of funds under the Ministry of Economy and Finance. Our mission is to empower and accelerate our national startup ecosystem.

Beyond capital deployment, we're active ecosystem developers who have built meaningful relationships with key stakeholders across the international innovation landscape. Our track record includes significant contributions to Uzbekistan's startup community - from launching acceleration programs to fostering connections between founders, investors, and government partners.

{ UzVC in numbers }

UzVC impact is reflected in the numbers.

Startups

14

Direct startup investments

$1M+

Capital deployed

~3x

Markup Multiple

$6M+

Portfolio TTM Rev

30+

Startups accelerated

Funds

3

Fund investments

$100M

Amount invested

5

Backed startups

{ Our team }

Core

Meet our core team. We are always happy to talk with you about startups.

Dilshod Khashimov

Dilshod Khashimov

Chief
Executive
Officer

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Abdulazal Toshkhujaev

Abdulazal Toshkhujaev

Managing
partner

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Obidova Dilafruz

Obidova Dilafruz

Chief Accountant

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We're operators and investors obsessed with delivering tangible results, building high-impact connections, and creating real value for our entrepreneurs and investment partners.

{ Insights }

Explore our perspectives holistically connecting macro and micro trends — by following us you will witness the best of what's happening in the Uzbek market.

The National Venture Fund UzVC announces an investment of $100,000 in the innovative technology startup TezzGO, which specializes in developing solutions for cashierless stores.

Tashkent, October 6, 2025 — National Venture Capital Fund UzVC has signed an agreement with global accelerator Techstars to bring an expanded Techstars Startup community Partnership to Uzbekistan, strategic move designed to activate the local startup community and increase the flow of investable companies into the regional venture funnel.