VC Trends in Former Soviet Republics

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Venture Capital in the Central Asia group is mainly designed to share knowledge and opinion about this area of finance. Major concentration of VC is given to the developments of this area in Central Asia, especially in Uzbekistan. Venture capitalists, like Efraim Landa, business angels and private equity investors all around the world seeking opportunities in Central Asia are welcome.  VC activity in the Russian market really took off after Russia’s default on sovereign debt in 1998 and has accelerated ever since. With this, we’ve seen more attention from leading western venture capital firms as well who have created a number of investment funds, incubators and angel networks focused on the Russian market. In the recent past, specifically since 2006, the Russian government has been creating infrastructure for venture capital investments in Russia and has also launched a state program focused on establishing public-private partnerships in the innovation sector managed by a number of leading venture capital firms.