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Venture Eurasia 2022
  • Innotechnics completed our Venture Eurasia 2022 report, which includes a summary of the 2022 year and predictions for 2023. We have analyzed 20+ markets in Eastern Europe and Central Asia to show the opportunities and the trends that arise in the region’s venture ecosystem.
  • Key findings:
  • - The venture capital market in Eastern Europe grew 2% YoY to a record $1.8 billion. Estonia ranked number one in VC investments, accounting for more than 75% of the total.
  • - In Central Asia and the South Caucasus, their local VC ecosystems keep growing. That said, venture investment fell by 80% last year to $29 million.
  • - Despite the global meltdown, investment in the Balkan startups hit an all-time high, quadrupling to $2.2 billion yoy.
  • We would like to suggest joint publication if it is valuable to your readers.
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