Kazakhstan
Asia · Pop. 20.6M · #39 startup ecosystem by EV
Adjacent ecosystems by EV
Startup hubs
Inside Kazakhstan: top 2 startup hubs
Sub-national ecosystems ranked by combined enterprise value of all tracked startups headquartered there.
Startup funnel
Kazakhstan's power-law funnel
From every VC-backed startup down to the biggest scale-ups. Conversion rates show what fraction of one tier graduate into the next. Capital figures (where shown) are total VC deployed at that stage.
Enterprise value · 2015–2025
Kazakhstan grew 979.7× since 2015
Combined enterprise value of every tracked startup headquartered in Kazakhstan that's still operating today, totalled by founding-year cohort.
Vs. similarly-sized ecosystems
How Kazakhstan stacks up
Peers chosen from the same Asia cluster within ±70% of Kazakhstan's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Asia ecosystems — combined view
Top ecosystems in Asia ranked by combined EV. Kazakhstan's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | China | $5.8T | 3.2× | 479 | $33.4B | 24.5K |
| 2 | India | $883.7B | 7.1× | 125 | $13.9B | 13.3K |
| 3 | Israel | $599.9B | 5.6× | 128 | $10.7B | 4,762 |
| 4 | South Korea | $438.6B | 15.6× | 41 | $8.2B | 7,931 |
| 5 | Singapore | $359.5B | 9.6× | 38 | $3.3B | 3,900 |
| 6 | Japan | $255.3B | 6.4× | 19 | $4.3B | 7,794 |
| 7 | Hong Kong | $185.6B | 13.0× | 21 | $3.6B | 1,222 |
| 8 | United Arab Emirates | $79.1B | 10.6× | 21 | $3.9B | 1,553 |
| 9 | Indonesia | $64.8B | 5.0× | 12 | $485.3M | 1,208 |
| 10 | Taiwan | $59.4B | 7.9× | 5 | $209.1M | 621 |
| 11 | Türkiye | $55.7B | 20.7× | 8 | $714.3M | 2,031 |
| 14 | Kazakhstan | $21.2B | 342.6× | 4 | $85.3M | 136 |
Patent intelligence
Kazakhstan startup IP portfolio: 3 patent families
Granted patent families assigned to startups headquartered in Kazakhstan. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
Premium analytics
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