# Investors based in Kazakhstan (2026 list)

> 75 investors based in Kazakhstan, 1% active in the last 12 months. Led by Basecamp Ventures, MOST Ventures, UMAY Angels Club. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-kazakhstan (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Kazakhstan

Updated 7 November 2026

Firms headquartered in Kazakhstan, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Kazakhstan.

[See all 75 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-kazakhstan)The top 25

**75** investors on the list No change this week

**1** cheques in 12 months Too few cheques to tell

**$635K** median round they joined *-92%* against the market median

**1%** wrote a cheque in 12 months

**0%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (1)

- 1 [Basecamp Ventures](https://millionrounds.com/fund/basecamp-ventures) quiet VC firm · Kazakhstan **1** **$4M** median round **Oct 2001** last seen
- 2 [MOST Ventures](https://millionrounds.com/fund/most-ventures) quiet Accelerator · Kazakhstan **1** **$270K** median round **May 2022** last seen
- 3 [UMAY Angels Club](https://millionrounds.com/fund/umay-angels-club) quiet Angel network · Kazakhstan **1** **$270K** median round **May 2022** last seen
- 4 [White Hill Capital](https://millionrounds.com/fund/white-hill-capital) *Deploying now* VC firm · Kazakhstan **1** **$1M** median round **Oct 2026** last seen
- 5 [50 North Capital](https://millionrounds.com/fund/50-north-capital) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 6 [Activat](https://millionrounds.com/fund/activat-vc) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 7 [Adaptive Radiation Venture Studio](https://millionrounds.com/fund/adaptive-radiation-venture-studio) unknown Venture studio · Kazakhstan **none observed** **-** median round **-** last seen
- 8 [Aitu - Payment Solutions](https://millionrounds.com/fund/aitu-payment-solutions) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 9 [Alem Capital Management Ltd.](https://millionrounds.com/fund/alem-capital-management-ltd) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 10 [Astana Technology Fund](https://millionrounds.com/fund/astana-technology-fund) unknown Corporate VC · Kazakhstan **none observed** **-** median round **-** last seen
- 11 [BGlobal Ventures](https://millionrounds.com/fund/bglobal-ventures) unknown Corporate VC · Kazakhstan **none observed** **-** median round **-** last seen
- 12 [BTS Digital Ventures](https://millionrounds.com/fund/bts-digital-ventures) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 13 [Baibars Energy Fund](https://millionrounds.com/fund/baibars-energy-fund) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 14 [Baiterek National Managing Holding](https://millionrounds.com/fund/baiterek-national-managing-holding) unknown Government · Kazakhstan **none observed** **-** median round **-** last seen
- 15 [Baiterek Venture Fund](https://millionrounds.com/fund/baiterek-venture-fund) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 16 [BeInTech](https://millionrounds.com/fund/beintech) unknown VC firm · Kazakhstan **none observed** **-** median round **-** last seen
- 17 [Bilim Orda International Community Fund](https://millionrounds.com/fund/bilim-orda-international-community-fund) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 18 [Capital Holding](https://millionrounds.com/fund/capital-holding) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 19 [Central Eurasian Venture Forum](https://millionrounds.com/fund/central-eurasian-venture-forum) unknown Company · Kazakhstan **none observed** **-** median round **-** last seen
- 20 [Cryptoadaptation](https://millionrounds.com/fund/cryptoadaptation) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 21 [DSL Caspian](https://millionrounds.com/fund/dsl-caspian) unknown Company · Kazakhstan **none observed** **-** median round **-** last seen
- 22 [Damu Logistics](https://millionrounds.com/fund/damu-logistics) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 23 [Dasco Capital Ltd](https://millionrounds.com/fund/dasco-capital-ltd) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 24 [Distressed Assets Fund JSC](https://millionrounds.com/fund/distressed-assets-fund-jsc) unknown Investment firm · Kazakhstan **none observed** **-** median round **-** last seen
- 25 [EA Group Holding](https://millionrounds.com/fund/ea-group-holding) unknown Family office · Kazakhstan **none observed** **-** median round **-** last seen

**50 more on this list**

All 75 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-kazakhstan)

## The Newest Cheques

Rounds this list's investors joined most recently

- **20** Oct **[Paidax](https://millionrounds.com/company/paidax)** $1M *With* [White Hill Capital](https://millionrounds.com/fund/white-hill-capital)
- **24** May **[EasyTap](https://millionrounds.com/company/easytap)** Pre-seed · $270K *With* [MOST Ventures](https://millionrounds.com/fund/most-ventures)

## Stages This Year

1 rounds

- Other **100%**

## What They Backed

Sectors, last 12 months

- Fintech **1**

## Cheques by Quarter

Led Joined

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

1 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in United States 73,439](https://millionrounds.com/lists/investors-based-in-united-states)
- [Investors based in United Kingdom 8,136](https://millionrounds.com/lists/investors-based-in-united-kingdom)
- [Investors based in Canada 3,879](https://millionrounds.com/lists/investors-based-in-canada)
- [Investors based in India 3,865](https://millionrounds.com/lists/investors-based-in-india)
- [Investors based in Germany 3,455](https://millionrounds.com/lists/investors-based-in-germany)
- [Investors based in China 3,027](https://millionrounds.com/lists/investors-based-in-china)
- [Investors based in United Arab Emirates 2,916](https://millionrounds.com/lists/investors-based-in-united-arab-emirates)
- [Investors based in Australia 2,592](https://millionrounds.com/lists/investors-based-in-australia)
- [Investors based in France 2,280](https://millionrounds.com/lists/investors-based-in-france)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Kazakhstan

### Who are the most active investors based in Kazakhstan?

By cheques observed, the most active are Basecamp Ventures, MOST Ventures, UMAY Angels Club, White Hill Capital and 50 North Capital.

### How many investors based in Kazakhstan are there?

75 are on record. 1% made an investment in the last 12 months.

### What have investors based in Kazakhstan invested in recently?

Recent rounds include Paidax (Oct 2026, with White Hill Capital) and EasyTap (Pre-seed, May 2022, with MOST Ventures).

### How is this list of investors based in Kazakhstan ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

### Can I see all 75 investors based in Kazakhstan?

The top 25 are here. All 75 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
