Astana Hub, the region’s leading tech platform, plays a pivotal role in developing the local innovation ecosystem. The recently launched Astana Hub Ventures fund, along with initiatives such as the Qazaqstan Venture Group, are laying the groundwork for a sustainable venture capital infrastructure.

Nazgul Baitemirova, the author of this column and VС Advisor to the CEO of Astana Hub, emphasizes that the region is undergoing a strategic shift from a resource-dependent economy to one driven by innovation. Among the region’s standout success stories is Higgsfield AI — a startup founded by a team from Almaty — which was recently named one of the world’s top 25 AI companies.

According to Nazgul, total venture capital investments could surpass $200 million by 2027, with international investors expected to account for up to 70% of the total.

Read the full article on dealroom.co.