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Tech & Startups

A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom

The Next Web 22 June 2026, 16:34 UTC 22 Jun 2026

A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom — The Next Web

Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first publicly disclosed investment in the region’s startup ecosystem. Alem participated in the $25 million final close of Sturgeon Capital’s Emerging Opportunities II fund, joining existing and new investors including the […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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