Uzbekistan has taken the lead in the global ranking for venture capital investment growth. According to the Q2/H1 2026 Venture Capital Report by international analytics platform Dealroom.co, the volume of funding attracted by startups increased by 539.7% year-on-year.

This growth rate outpaced Kenya (325.7%), Austria (307.7%), Ghana (278.3%), Pakistan (264.2%), as well as China, Argentina, Ukraine, Croatia, and the United States, which rounded out the top ten. The report's authors note that this high result is largely due to the low base effect from the previous year and several large investment deals, including those involving Uzum and TBC Uzbekistan.

In the first half of 2026, venture capital investments in the country exceeded $123 million, while the total value of the national startup ecosystem reached $3.3 billion. Researchers emphasize that Uzbekistan's leadership pertains specifically to growth rates, not the absolute volume of venture capital raised.

In absolute investment volume, the US and China remain the largest markets, with the US accounting for about 75% of global venture funding in the first half of the year. Analysts at Dealroom.co believe this dynamic indicates the continued development of Uzbekistan's startup ecosystem, expanding opportunities for tech entrepreneurship, and growing interest from international investors in the local market.

Source: podrobno.uz