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Forwarded from Pivot Global

Zypl.ai raises $2M at an $80M valuation

One of Tajikistan’s standout fintech startups, zypl.ai, has successfully closed its strategic investment round. This new $2M injection has propelled the project’s total valuation to $80 million.

This milestone highlights the impressive performance of Uzbekistan’s local venture funds:

• AloqaVentures: An initial $150,000 investment in 2022 is now yielding a 9.7x return. The fund had already secured $451,500 in cash proceeds through a partial exit (selling half of its stake).
• UzVC: The National Venture Fund has grown its 2022 investment of $100,000 by a staggering 13.3 times.

Read the full article for a deep dive into the deal details, the list of investors, and the future roadmaps of our local funds.

👉 Read more on Pivot.uz

@pivotglobaal
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