8 largest funding rounds closed by Kazakhstan startups in 2020

AIN.TECH selected Kazakhstan-based startups that raised the largest investments in 2020.

Arbuz.kz, $2M

E-commerce startup Arbuz.kz has raised $2 million from the owner of Aitas KZ Group Serik Tolukpaev.

Arbuz.kz is an online supermarket that was launched in 2011. Since the company was founded, it has acquired over 50,000 active buyers in Astana and Nur-Sultan and expects the number of service users to triple by the end of 2021.


Nur-Sultan-based educational market network platform OQUDA has attracted $1 million from business angel Marat Tolibaiev.

OQUDA, which was launched in 2018 on the base of Astana Hub, develops a SaaS platform for selling educational programs through distributors, as well as automating customer support at the post-sale stage.

Clockster, $750k

Clockster, a developer of a cloud-based HR automation system, has secured $750,000 from the Singapore-based Quest Ventures fund, Russian HR&ED Tech Accelerator and serial angel investor Talgat Ismail.

Clockster offers a tool for staff management designed for small and medium-sized businesses. It allows companies to automate such routine HR processes, as payroll, attendance record cards, and to manage employees work schedules.

Sagi, $260k

Sagi, a member of the international technopark Astana Hub, has raised $260,000 at a valuation of $1.3M. Private investors Nariman Shakabaev and Erzhan Almuhamedov participated in the round.

Sagi develops a mobile application that allows users to send digital gifts or gift certificates via Whatsapp, Telegram, Facebook, Instagram or other massagers in one click. 

CTOgram and ToiDriver, $200k

Members of Astana Hub CTOgram and ToiDriver have raised $200,000 in a seed round funding from private investors Adil Nurgozhin, Talgat Ismail and members of the Business Angels Club QazAngels.

CTOgram and ToiDriver are the search engines for finding auto service stations, auto parts and organizing events without intermediaries respectively.

AWSM Bank, $150k

Founded by Kazakhstani Alibek Zhunisbayev, full-service banking for teenagers AWSM Bank has secured $150,000 from 500 Startups in the frames of the agreement with QazTech Ventures.

AWSM Bank is aimed to educate its young users financially, as well as their parents, by intertwining theoretical content with full-service banking. 

Sacceess, $115k

Kazakhstan company ApartX, a member of Astana Hub, has raised $150,000 from a private investor for the developing its Saccess service.

Saccess is a mobile application for the owners of daily rent apartments that allows managing the property remotely by using smart door locks. 

Kid Security, $100k

Geo-tracking services developer Kid Security has raised a $100,000 seed round from private investor Talgat Izmail.

Kid Security is a mobile application that ensures child safety by allowing parents to know where their children are and how they spend their time.