Uzbekistan’s Startup Ecosystem Grows 13-Fold in Five Years, Surpasses US$3.9 Billion

Tashkent, Uzbekistan (UzDaily.com) — Uzbekistan is steadily establishing itself as a new hub for technological business development.

International analysts highlight impressive growth: in recent years, the domestic startup ecosystem has become one of the fastest-growing in the world.

Over the past five years, the value of Uzbekistan’s startup ecosystem has increased thirteenfold, reaching nearly US$4 billion, according to data from the international analytics company Dealroom.co. In terms of growth rate, the country has surpassed not only Turkey and Lithuania but also major global innovation centers, including India and even Silicon Valley.

To ensure transparency of this growth, Uzbekistan’s IT Park, in collaboration with Dealroom.co, launched the online portal uzbekistan.dealroom.co. The platform brings together all key players in the technology market—startups, venture funds, accelerators, and investors—and allows users to track the development of the country’s emerging tech sector map.

Today, hundreds of young companies are registered in the IT Park, operating in fintech, education, logistics, and healthcare. At the most recent Adventure Summit 2025 startup forum, announced investments exceeded US$700,000, while the total potential of the country’s venture funds reaches tens of millions of dollars.

Each new IT project represents a step toward transforming Uzbekistan into a regional innovation hub, with an open ecosystem and transparent data serving as the main drivers of this process.