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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.
Techstars Founder Catalyst Global Spring 2026 Program
{ 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 }
Dilshod Khashimov
Chief
Executive
Officer
Abdulazal Toshkhujaev
Managing
partner/ Deputy CEO/ Investment Director/ Head of startup growth center
Obidova Dilafruz
Chief Accountant
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.
accelerator
scaling
For the first time, local founders can join Founder Catalyst — a 10-week online pre-accelerator designed to prepare startups for investment and scaling.
Big Sky Capital
Uzbekistan's National Venture Fund UzVC, Kazakhstan's fund of funds Alem Ventures Fund, and international venture fund Big Sky Capital have signed an investment agreement on joint investments.