Kazakhstan Leads Regional Venture Financing Growth

ASTANA — Kazakhstan has emerged as the leader in the Central Asia and Caucasus region in venture financing volumes and development rates, according to a recent large-scale study published on March 14 by RISE Research, EA Group Holding, BGlobal Ventures, Crunchbase, the Kazakh Ministry of Digital Development, Innovation and Aerospace Industry, and KPMG Central Asia and Caucasus.

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Over the past six years, Kazakhstan has witnessed an over sixfold surge in venture capital transactions to more than $80 million…