ASTANA, Kazakhstan, March 15, 2024–(BUSINESS WIRE)–The venture capital market in the Central Asia and Caucasus (CCA) region is undergoing rapid expansion. Research involving RISE Research, EA Group Holding, BGlobal Ventures, Crunchbase, the Kazakhstan Ministry of Digital Development, Innovation and Aerospace Industry, and KPMG Central Asia and Caucasus shows that venture financing in the CCA region has increased 5.5 times, surpassing the pace of growth in the Nordics.
The report highlights a significant surge in venture capital investments in the region over the past six years, growing by…