Astana Hub and GfS became partners, electric car startup moved in Georgia

18 May, 2022

New investments for a marketing platform, the launch of a cryptocurrency service, the integration of a Kazakhstani technopark with Google for startups: these and other news are collected for you in the weekly digest of Startup Central Eurasia

Improvado, a service for marketers, with a founder from Russia, has raised $22 million 

The funds raised will be used to expand the product line and strengthen the team, Forbes informs. Improvado lets you analyze data from Facebook, YouTube, TradeDesk, Salesforce and other digital platforms and estimate the return on your marketing investments. The startup is hiring programmers, product managers and designers, including from Russia, with the possibility of relocation to Kazakhstan and Mexico.

The former head of Meta's payments division has announced the launch of a new company, Lightspark, which will expand bitcoin's capabilities

Lightspark plans to create an infrastructure for companies, developers and merchants to conduct transactions through the Lightning Network, ForkLog reports. In the first phase, the company is assembling a team to study and develop the Lightning Network protocol. The startup has already been backed by many major investors, including Andreessen Horowitz, Paradigm, Coatue and Matrix Partners.

British startup Arrival will produce electric cars in Georgia 

According to Business Georgia, Arrival, a British startup specializing in production of electric cars, is winding down its business in Russia and is relocating the employees of its Moscow office to Georgia. Arrival's founder is billionaire Denis Sverdlov, former head of Yota. A large part of the Russian team of developers of software for electric cars has already been moved to Georgia. Especially for them back offices have been opened in Tbilisi.

Birner fund launched in Ukraine

A new fund provides SMART investments for digital projects of all stages of development (Idea, Pre-seed, Seed, Stage A), InVenture informs. The distinctive feature of Burner is the option not only of financial support, but also of strengthening start-up teams with its long-standing expertise in launching successful IT products. The fund will be ready to invest up to $1 mln at the start-up with the possibility of cash in financing up to $3 mln within 2 years from the start of the partnership. 

Astana Hub signs partnership agreement with Google for Startups (GfS) and becomes its  first partner in Central Asia region


The Astana Hub will now host Google for Startups workshops and trainings, startups will be able to address mentors from Google experts and get PR support on GfS resources.  Soon the Technopark, together with Google for Startups, will announce the launch of an accelerator for startups from Central Asia (Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan), Azerbaijan and Mongolia. Two accelerator streams are planned this year for start-ups in the Product/Market Fit stage, with up to 15 start-ups each able to participate in the offline format in Nur-Sultan city.