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    Uzbekistan and Talos Capital Discuss Venture Cooperation and Startup Investment Opportunities

    A delegation of the Ministry of Digital Technologies of Uzbekistan, together with IT Park Uzbekistan, continues a series of strategic meetings in the United States aimed at expanding international venture cooperation and supporting the global scale-up of Uzbek startups.  



    As part of the visit, the delegation held a strategic meeting with Talos Capital, a U.S.-based venture capital firm specializing in early-stage investments in artificial intelligence, DeepTech, cybersecurity, defense technologies, Industry 4.0, and FinTech.  



    The meeting was attended by Sherzod Shermatov, Minister of Digital Technologies of Uzbekistan; Farkhod Ibragimov, Chairman of the Supervisory Board of IT Park Uzbekistan; Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan; Jamila Khalibaeva, Global Marketing Director of IT Park Uzbekistan; Nir Netzer, General Partner at Talos Capital, and Paul Sheahan, Project Director of Saviday.   



    During the discussion, the parties explored opportunities to establish systematic cooperation in venture investment and startup acceleration. Talos Capital expressed interest in reviewing Uzbekistan’s national startup pipeline and jointly evaluating promising technology companies aligned with its investment focus areas. Special attention was given to creating a structured mechanism for deal-flow exchange and coordinated assessment of startups in partnership with IT Park Uzbekistan. 



    The discussion also covered potential participation of Talos Capital in Uzbekistan’s co-investment programs, including the Digital Startups Program, with coordination on joint due diligence, co-investment models, and early-stage investment acceleration initiatives. 


    Another key topic was soft-landing support for Talos Capital portfolio companies entering Uzbekistan, including access to IT Park infrastructure, regulatory advisory assistance, facilitation of pilot projects with local enterprises, and partnership development with the Uzbek private sector. 



    Additionally, both sides discussed knowledge sharing and collaboration in international innovation programs, including participation of Talos Capital representatives in ecosystem events, venture initiatives, and expert programs supporting DeepTech and AI development in Uzbekistan. 



    As a result of the meeting, the parties agreed to continue expanding cooperation, facilitating market entry for Talos portfolio companies into Central Asia, attracting venture investments into Uzbekistan-based startups, and strengthening the country’s integration into the global innovation ecosystem. 


    About Talos Capital  


    Talos Capital is a venture capital and advisory firm focused on deep AI and next-generation technologies. The firm invests in founders building transformational solutions in AI, cybersecurity and digital defense, Industry 4.0, and advanced enterprise and fintech systems. Beyond capital, Talos provides global market access, strategic expertise, and institutional partnerships to accelerate early-stage companies. 

     

    Latest news

    29 July 2026

    IT Park Uzbekistan Delegation Visits Jizzakh Region to Support Local IT Growth

    28 July 2026

    IT Park Uzbekistan Creates New Growth Opportunities for Regions and International Business

    28 July 2026

    Emapta Considers Uzbekistan as a New Hub for Developing Global Outsourcing Operations

    28 July 2026

    Digital Uzbekistan in Budapest: New Opportunities for Cooperation with European Partners

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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    17 December 2025

    Why the world is ready to work with Uzbek engineers: the case of Truss and the Zero Risk program

    Truss is one of the companies that clearly demonstrates how strong engineering teams from Uzbekistan can influence the global technology market. Today, it stands among the fastest-growing member companies of IT Park Uzbekistan, working with U.S. and European clients and building infrastructure for international hiring through the Employer of Record model. Truss co-founder Kadir Fuzaylov shared with IT Park how the company transformed the region’s potential into a competitive advantage and why Uzbekistan has become a key point of growth in their global strategy.

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    16 July 2025

    IT Park Uzbekistan and Berlitz strengthen cooperation in talent development

    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    Representatives of IT Park Uzbekistan held a series of working meetings with member companies — E-LINE PRESS, LEGALMAX CENTRAL ASIA, FINANCIAL CHAIN CORPORATION, and IONE — during which the prospects for further business development, the implementation of new projects, and projected volumes of export services were thoroughly discussed.

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    29 July 2026

    IT Park Uzbekistan Delegation Visits Jizzakh Region to Support Local IT Growth

    On July 28, Jahongir Kagirov, Deputy Director General of IT Park Uzbekistan, and Jasur Jafarov visited Silk Road Intellect, a Chinese company operating in the Jizzakh region. This is the first logistics company in Jizzakh to operate in the U.S. market.

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    28 July 2026

    IT Park Uzbekistan Creates New Growth Opportunities for Regions and International Business

    As part of its systematic efforts to strengthen the investment potential of Uzbekistan’s regions, IT Park Uzbekistan held a specialized training session on July 26 focused on regional promotion, lead generation, and sales. The training was conducted by Russ Yapparov, IT Park Uzbekistan’s representative in the United States, and brought together employees of regional branches, primarily their heads.

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    28 July 2026

    Emapta Considers Uzbekistan as a New Hub for Developing Global Outsourcing Operations

    Uzbekistan continues to attract international companies expanding their global network of outsourcing centers. As part of the Global Business Services Forum 2026 (GBSF 2026), Sherzod Shermatov, the Minister of Digital Technologies of the Republic of Uzbekistan, met with Roy Figueroa, Chief Performance Officer of Emapta Global.

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    28 July 2026

    Digital Uzbekistan in Budapest: New Opportunities for Cooperation with European Partners

    On July 27, the IT Park Uzbekistan delegation, led by Executive Director Jakhongir Rajabov, hosted the Digital Uzbekistan event in Budapest. The event brought together more than 80 representatives of the European technology ecosystem, including potential clients, venture capital funds, investors, and strategic partners.

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    27 July 2026

    IT Park Uzbekistan Holds Workshop on Entering the Tajik Market for IT Companies

    IT Park Uzbekistan organized a workshop for outsourcing service providers and IT product developers focused on entering the market of Tajikistan. Participants received practical recommendations on launching a business, studied the specifics of the local market, and examined real-world case studies of companies already operating successfully in the country.

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    27 July 2026

    Trenkwalder Group Considers Uzbekistan for BPO and Back-Office Operations

    International companies continue to see Uzbekistan as a promising location for developing outsourcing and business service operations. In the framework of the Global Business Services Forum 2026 (GBSF 2026), Sherzod Shermatov, Minister of Digital Technologies of the Republic of Uzbekistan, met with Emrah Dinç, Director of Operational Excellence at Trenkwalder Group. The meeting was also attended by representatives of IT Park Uzbekistan, led by Jahongir Kagirov, Director of Export Development.