ITCOMMS


Associated tags: Professional Services, Other Technology, Finance, Asset Management, Banking, Research, CCA, Innovation, CEE, Cryptocurrency

Locations: KAZAKHSTAN, ASIA PACIFIC, CENTRAL ASIA, GEORGIA, TAJIKISTAN, CAUCASUS, EUROPE, UZBEKISTAN, KYRGYZSTAN

Study Shows Venture Capital Markets in Caucasus and Central Asia Surpass Northern Regions in Development Rates

Retrieved on: 
Friday, March 15, 2024
Professional Services, Technology, Other Technology, Finance, Asset Management, Banking, Research, CCA, Innovation, Growth, CEE, Cryptocurrency

The venture capital market in the Central Asia and Caucasus (CCA) region is undergoing rapid expansion.

Key Points: 
  • The venture capital market in the Central Asia and Caucasus (CCA) region is undergoing rapid expansion.
  • The report highlights a significant surge in venture capital investments in the region over the past six years, growing by 5.5 times.
  • Venture capital financing in the CCA region is expanding at a quicker pace compared to the Nordics, Europe (excluding CEE region), and the global venture capital market.
  • Kazakhstan has emerged as the leader in the region in terms of venture financing volumes and development rates.