What stage does UzVC National Venture Capital fund invest at?

UzVC National Venture Capital fund invests at the Pre-Seed, Seed stages.

What is UzVC National Venture Capital fund's typical check size?

UzVC National Venture Capital fund typically writes checks of $100K – $1.9M.

What sectors does UzVC National Venture Capital fund focus on?

UzVC National Venture Capital fund focuses on EdTech, SaaS, Sector Agnostic.

Where is UzVC National Venture Capital fund located?

UzVC National Venture Capital fund is headquartered in Tashkent, UZ.

UzVC National Venture Capital fund

Fund of funds

Tashkent · Pre-Seed–Seed · 4 people tracked

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Investment thesis

UzVC is a fund of funds supporting local and international investors in Uzbekistan, Central Asia's fastest-growing economy. As Uzbekistan's first venture fund, backed by the state under the Ministry of Economy and Finance, its mission is to develop and strengthen the national startup ecosystem. Beyond managing investments, it actively participates in ecosystem building — running acceleration programs, forging strategic ties with the international innovation community, and connecting entrepreneurs, investors, and government partners. It positions itself as results-oriented investors and operators focused on creating real business value and delivering concrete outcomes for startups.

Invests inEdTech SaaSSector AgnosticAsia-Pacific Georgia Middle East & North Africa United Arab Emirates Uzbekistan

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Seed

Check

$100K – $1.9M

Tashkent, UZ

Instruments

Equity

Team · 4 people

from the firm's website

Dilshod Xashimov· General Director· Uzbekistanin

Abdulazal Toshxujayev· Managing Partner / Deputy General Director / Investment Director / Head of Startup Development Center· Tashkent, Tashkent, Uzbekistanin

Abdulazal Toshxujayev is managing partner and deputy CEO at UzVC, a venture capital firm. He is co-founder of Spaceborne and serves as a board member at TASS Vision and AICA. His background includes expertise in venture capital investment, operations management, enterprise and project management, with additional knowledge in aeronautics, space, and defense technologies.

Ilhom Norkulov· Chairman of the Supervisory Board· Uzbekistanin

Marvin Liao· Supervisory Board Member· San Francisco Bay Areain

Marvin Liao is an investor and former operator who currently serves as an Investment Committee Member at Sukna Ventures and runs Sukna Holdings, an investment holding company. Previously a Partner at 500 Startups and Diaspora VC, he has invested in and worked with over 470 pre-seed and seed-stage startups across digital media, enterprise SaaS, fintech, and other sectors. He spent 10.5 years at Yahoo! in executive roles spanning sales, business development, ad operations, and marketing across multiple regions, most recently managing a business unit that achieved 100% year-over-year revenue growth.

Frequently asked questions

What stage does UzVC National Venture Capital fund invest at?: UzVC National Venture Capital fund invests at the Pre-Seed, Seed stages.
What is UzVC National Venture Capital fund's typical check size?: UzVC National Venture Capital fund typically writes checks of $100K – $1.9M.
What sectors does UzVC National Venture Capital fund focus on?: UzVC National Venture Capital fund focuses on EdTech, SaaS, Sector Agnostic.
Where is UzVC National Venture Capital fund located?: UzVC National Venture Capital fund is headquartered in Tashkent, UZ.

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