About startup landscape in Kazakhstan
Kazakhstan has over 2,029 startups across the country. Of these, 301 are funded companies that have collectively raised $6.25B in venture capital and private equity. A total of 99 investors have participated in 284 funding rounds, with 3 startups securing early-stage funding and 7 raising late-stage funding. In the last five years, 202 new companies have been founded, raising over $2.69M in funding. Startups in Kazakhstan have witnessed 23 acquisitions and 29 IPOs, while 258 startups wrapped up operations. Additionally, 19 companies have been founded by women.
Top Companies in Kazakhstan
Bank CenterCredit is the top company in Kazakhstan, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Kazakhstan:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Commercial bank | Almaty (Kazakhstan) | 1988 | Series D | $634M | |
Mobile communication services provider | Almaty (Kazakhstan) | 1998 | Acquired | - | |
Commercial savings bank | Almaty (Kazakhstan) | 1923 | Public | - | |
Venture capital firm and startup accelerator focused on multiple sectors | Sunnyvale (United States) | 2006 | Funding Raised | - | |
Provider of software solutions for banking management | Almaty (Kazakhstan) | 1997 | Public | - |
Recent Funding Rounds in Kazakhstan
In the year 2025, till July 2025, $633K has been raised in 2 equity
funding rounds across Kazakhstan. In the same period last year (i.e. till July 2024), $22.5M had been raised across 4 rounds in Kazakhstan. So, 2025 has seen a 97.19% drop in funding in companies of Kazakhstan as compared to 2024.
Here are some recent, important funding rounds in Kazakhstan:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6902 | Jul 16, 2025 | ||
Seed | 5501 | Apr 08, 2025 | - | |
Seed | 6375 | Dec 19, 2024 | - | |
Seed | 7600 | 2024 | ||
Seed | 1321 | Jun 08, 2024 | - |
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- 2K+ Total Companies
- $6.25B+ Total Funding
- 300+ Funded Companies
- 25+ IPOs
- 20+ Acquisitions
Top Investors in Kazakhstan
Europa is the top investor in companies of Kazakhstan based on number of companies invested.
Here are some top investors in Kazakhstan:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Singapore (Singapore) | ||
Almaty (Kazakhstan) | ||
Nur Sultan (Kazakhstan) | ||
Astana (Kazakhstan) |
Acquisitions in Kazakhstan
In the year 2025, till April 2025, 1 acquisition happened in Kazakhstan. Last year, in 2024, a total of 2 acquisitions happened in Kazakhstan.
Here are some recent, important acquisitions in Kazakhstan:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 09, 2025 | ||
Business Acquisition | Nov 18, 2024 | ||
Business Acquisition | May 20, 2024 | ||
Business Acquisition | Aug 17, 2023 | ||
Business Acquisition | Jun 20, 2023 |
IPOs in Kazakhstan
In the year 2024, till February 2024, 2 IPOs happened in Kazakhstan.
Here are some recent, important IPOs in Kazakhstan:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Feb 09, 2024 | London Stock Exchange (LSE) | |
Jan 19, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 06, 2022 | OTC Markets (OTCMKTS) | |
Sep 03, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 30, 2018 | Frankfurt Stock Exchange (FRA) |
Top News about startups in Kazakhstan
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APS Integrates with MetaTrader 5 Payments for Broker TransactionsFinance Magnates•Mar 05, 2024•MetaQuotes Software Corp, APS
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Big Sky Capital debuts its $20M fund to invest in enterprise SaaS startupsTechCrunch+•Jul 20, 2023•Big Sky Capital, Clockster, Pippin Title, Swaypay
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Rent the Runway Partners with Amazon to Launch Online StorefrontCoinspeaker•Jan 13, 2023•Rent the Runway, Amazon, Overstock, Bowery Farming and 3 others
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