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

Source: thenextweb.com 1 min read

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

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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

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