Venture Fund Launches Spark Innovation in Central Asia
In a significant development for the startup ecosystem in Central Asia, DOMiNO Ventures has announced the launch of a $20 million venture fund in Uzbekistan. This launch coincides with ICT Week Uzbekistan 2025, during which the Startup & Venture Summit was held in Tashkent. The summit attracted over 500 participants, marking a pivotal moment for the integration of Uzbekistan into the global innovation framework. The fund aims to foster local startups and enhance the region’s entrepreneurial landscape, paving the way for further investment and growth.
AI Dominates Investment Landscape
As the venture capital landscape continues to evolve, artificial intelligence (AI) has emerged as a front-runner in attracting funding. Recent analyses indicate that 2025 is set to be a defining year for AI, potentially capturing over half of all venture capital investments. Data from PitchBook reveals that VCs have invested approximately $192.7 billion into AI-related ventures this year, accounting for 62.7% of the total VC funding in the U.S. This trend underscores the growing reliance on AI technologies across various sectors, positioning startups in this domain as key players in the market.
Growing Opportunities for Startups in Emerging Markets
In addition to the developments in Uzbekistan, other regions are witnessing a surge in startup funding opportunities. In Tunisia, the 216 Capital Venture Accelerator has opened applications for local startups, aiming to support early-stage technology companies. This initiative, in collaboration with global innovation platform Plug and Play, is expected to bolster the Tunisian startup ecosystem by providing essential resources and mentorship.
Meanwhile, in the United States, two Bend startups have been chosen as finalists for the Bend Venture Conference, highlighting the ongoing support for early-stage businesses. The competition, taking place on October 16-17, will showcase innovative ideas such as a vehicle rental platform and a personal thermostat for jackets, demonstrating the diverse range of entrepreneurial initiatives gaining traction.
TL;DR
- DOMiNO Ventures launches a $20 million fund to boost startups in Uzbekistan.
- AI is set to capture over half of all VC investments in 2025, with funds exceeding $192 billion.
- Tunisia’s 216 Capital Venture Accelerator invites startups to apply for support and resources.
- Two Bend startups are finalists in an upcoming venture conference, showcasing innovative concepts.