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Qazaqstan Investment Corporation

Fund of funds

Astana · Seed–Late Stage · 8 people tracked

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Investment thesis

QIC operates as a fund of private equity funds aiming to attract domestic and foreign capital into non-resource sectors of Kazakhstan and the broader Central Asian region. It invests across priority areas including healthcare, agriculture, food security, green energy, and innovative high-tech projects. Capital is deployed through QIC private equity funds, supporting companies ranging from micro and small businesses and startups with high growth potential to large city-forming enterprises. The corporation is a member of 19 private equity funds with a combined capitalization of $2.8 billion, and it emphasizes leveraging co-investment, attracting roughly $2.1 from foreign partners for every dollar it invests from its own funds.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Astana, KZ
Instruments
Equity
Tracked investments
10

Team · 8 people

from the firm's website

What they invest in

from 1 of 10 portfolio companies

Fintech ×1

HQs:Kazakhstan×1

Investments · 10 tracked

founders shown can be your intro path
Aitas KZ

Kazakhstan's largest poultry holding; QIC completed a full exit in 2025.

Alem Ventures Fund LP

Venture fund of funds with a $1B target size supporting IT and tech projects in Kazakhstan and beyond.

Arctic Green Energy

International project from which QIC exited in 2025.

EMC Agro

Agriculture company from which QIC made a partial exit in 2025.

EPG Prometheus School LLPin

Qazaqstan Investment Corporation (QIC) is a fund of private equity funds set up to attract local and international investors to co-finance non-resource sector projects, primarily in Central Asia and Kazakhstan.

Fintech

Forebright Life Science Technology Fund LP

Fund focused on biotechnology and synthetic biology that QIC joined.

Sturgeon Emerging Opportunities II LP

Venture fund QIC joined in 2025.

TVM Healthcare SEA Fund LP

Fund investing in healthcare across the Gulf, Southeast Asia and Kazakhstan.

Unicorn Feed Limited

Organization of agricultural machinery assembly in Kokshetau, Northern Industrial Zone.

Frequently asked questions

What stage does Qazaqstan Investment Corporation invest at?
Qazaqstan Investment Corporation invests at the Seed, Series A, Growth, Late Stage stages.
What sectors does Qazaqstan Investment Corporation focus on?
Qazaqstan Investment Corporation focuses on Advanced Manufacturing, AgTech, Cleantech, Climate Tech, Deep Tech, Energy, FoodTech, Healthtech, Impact & Social Good, Sector Agnostic.
Where is Qazaqstan Investment Corporation located?
Qazaqstan Investment Corporation is headquartered in Astana, KZ.

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