Uzbekistan’s Startups Could Give the US an Edge in Central Asia | Opinion
Summary
Uzbekistan's startup scene is growing fast, with many new tech companies in areas like finance, e-commerce, and artificial intelligence. This growth is attracting international investment and helping Uzbekistan become a key technology hub in Central Asia.Key Facts
- Uzbekistan's largest tech company, Uzum, reached a $2.3 billion valuation in 2026.
- The country joined StartupBlink's Global Top 100 Startup Ecosystems in 2025, ranking 98th worldwide.
- In 2026, Uzbekistan was named Country of the Year for startup growth, increasing by 227.3%, the fastest globally.
- Tashkent, the capital, saw 132% growth as a startup city in Central Asia.
- IT Park Uzbekistan has over 2,800 member companies, including 752 with foreign investment, exporting to 90 countries.
- The venture capital market in Uzbekistan grew from $69.5 million in 2024 to $329 million in 2025.
- U.S. companies operate in IT Park Uzbekistan, helping establish a commercial presence in the region.
- The U.S. government is promoting technology partnerships in Central Asia to compete with Russian and Chinese influence.
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