29 May 2022

UZCARD Ventures invests in 8 startups of the Startup Bridge program

UZCARD and Innotech held a Demo Day following the results of the joint international acceleration program Startup Bridge.

Eight startups signed pre-investment agreements with the UZCARD Ventures fund for $550,000, the UZCARD press service reported.

Startup Bridge was launched in February 2022. The purpose of the joint program was to search for and develop promising fintech startups, as well as the introduction of new technologies in the international IT arena.

Young entrepreneurs completed a 10-week course with the support of professional mentors and trackers. In addition, a free Startup Day workshop was held within its framework.

UZCARD Ventures signed an agreement with the following startup project founders:

  • MARTA – a mobile application (SoftPoS) for accepting contactless payments;
  • THE MIND – automation of business processes for internal and external workflow, as well as financial activities and big data processing;
  • AVLO – SAAS solution builder for e-commerce and dropshippers;
  • GrowyMe – a mobile app with AI coaching, HealthTech habit tracker;
  • ModMe – CRM system for automating the processes of training centers;
  • YOTO — electric scooter sharing;
  • AMS – technical monitoring platform for trucks of logistics companies;
  • AvtoTeksh – a solution for technical diagnostics of cars in the secondary market.

The Fund called on local and foreign investors and venture capitalists to co-invest in projects.