To promote digital economies and support the growth of early-stage tech startups in Central Asia, the International Finance Corporation (IFC) will invest up to $5 million in Sturgeon Emerging Opportunities II, LP, a new venture capital fund managed by Sturgeon Capital, a major venture capital investor.
IFC said in a statement on Tuesday that Sturgeon Emerging Opportunities Fund II will focus on startups in areas such as fintech, business-to-business platforms, agritech, healthtech, and ed-tech.
It aims to help emerging entrepreneurs scale their businesses, improve operational…
