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The Venture Codex

MOST Ventures

Mangilik Yel 55/21, office 319, Astana, Yesil District, Kazakhstan

Overview

Venture investment firm supporting Central Eurasian tech startups.

Founded

2021

Deals · 12mo

3

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

Italy
Kazakhstan
Singapore
United States

Sector focus

E-Commerce
Education
Finance
Financial Services
...

Investment portfolio

9rounds
NAMEDATESIZE
Ulisses
Jun 2026Participated
$1 MSeed
Moon AI
Jun 2026Participated
$0.50 MSeed
Call2action.ai
Mar 2026Led
$0.50 MSeed
PLATMA
Sep 2024Participated
$2 MSeed
Introdex
Apr 2024Participated
$0.46 MSeed
Beksar
Feb 2024Participated
$0.30 MSeed
CerebraAI
Oct 2023Participated
$4 MOther Equity
Qtap
Jul 2023Led
$0.28 MSeed
Dolon Systems
Jan 2023Participated
$0.50 MSeed
Ulisses
Jun 2026Participated
$1 MSeed
Moon AI
Jun 2026Participated
$0.50 MSeed
Call2action.ai
Mar 2026Led
$0.50 MSeed
PLATMA
Sep 2024Participated
$2 MSeed
Introdex
Apr 2024Participated
$0.46 MSeed
Beksar
Feb 2024Participated
$0.30 MSeed
CerebraAI
Oct 2023Participated
$4 MOther Equity
Qtap
Jul 2023Led
$0.28 MSeed
Dolon Systems
Jan 2023Participated
$0.50 MSeed
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

MOST Ventures: 9 funding rounds are recorded in the selected participation categories.All available history.
MOST Ventures: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed26
Other Equity01

Monthly Deal Activity

MOST Ventures: 9 deals are recorded across 46 months.All available history.
MOST Ventures: 9 deals are recorded across 46 months. All available history
MonthDeals
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '262
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

MOST Ventures: AI & Machine Learning is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

MOST Ventures: AI & Machine Learning is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
AI & Machine Learning5
Enterprise Software4
Networks, Cloud & Communication3
Transportation & Logistics2
Developer Tools2
Manufacturing1
Health & Life Sciences1
Professional Services1
Clean Energy & Sustainability1
Data, Analytics & IT1
Social & Community Platforms1

Deal Size Distribution

MOST Ventures: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

MOST Ventures: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M9
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

MOST Ventures: Kazakhstan has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

MOST Ventures: Kazakhstan has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Kazakhstan5
United States2
Singapore1
Europe1
MOST Ventures: 13 co-investors are shown, with UMAY angels sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

MOST Ventures: 13 co-investors are shown, with UMAY angels sharing 2 recorded deals. All available history
Co-investorShared deals
UMAY angels2
Activat VC1
Almaz Capital1
Aloqa Ventures1
Antler1
Argo1
Big Sky Capital1
Caucasus Ventures1
EA Group1
Startup Wise Guys1
Tumar Venture Fund1
Uzbekistan Venture Syndicate1
Uzcard Ventures1

Investment Strategy

MOST Ventures: Led accounts for 22% and participating for 78% of round participation.All available history.
MOST Ventures: Led accounts for 22% and participating for 78% of round participation. All available history
CategoryDeals (count)Share (%)
Led222%
Participating778%
MOST Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
MOST Ventures: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Alim Khamitov

CEO

Gianmarco Montanari
Mirat Akhmetsadykov

Managing Partner

Toré Amanzholov

Investment Director