Startup Garage’s third-season Grand Demo Day was held at the School 21 center. Following a two-month selection and acceleration process, 10 startups reached the final stage — Bitimchi AI, ReMagnit, ASOX Market, Nomad Rivals, DentaGo, Swipies AI, ALBUS, HRHub, Visitca, and FinSight — and presented their projects to investors and venture capital funds.
Which startups received soft commitments?
Bitimchi AI Secures the Largest Commitment at $105,000
- SQB Ventures – $50,000
- Imkon Ventures – $20,000
- UC Ventures – $30,000
- CS Angels – $5,000
Bitimchi AI is developing an AI-powered solution that helps businesses manage their legal and accounting processes on a single platform. The platform includes features for creating and analyzing contracts, calculating taxes, verifying counterparties via STIR, submitting documents through Didox, and receiving advice from an AI legal assistant.
FinSight — $60,000
- Imkon Ventures — $20,000
- AloqaVentures — $20,000
- UC Ventures — $20,000
FinSight automates financial management for small and medium-sized businesses. The system generates P&L statements, balance sheets, and cash flow reports based on transaction data, while forecasting and risk analysis help identify potential financial risks in advance.
Swipies AI — $50,000
Swipies AI received a $50,000 soft commitment from SQB Ventures. The startup is developing AI solutions designed for use in corporate processes.
HRHub — $20,000
HRHub received a $20,000 soft commitment from Imkon Ventures.
HRHub is an Uzbek-language platform designed to help companies manage their HR processes in a single system. Its features include recruitment, employee records, attendance tracking, payroll, document management, leave management, surveys, and analytics.
Kaja Games begins strategic partnerships with investors
Kaja Games was also among the startups that reached agreements with investors for further collaboration at the Grand Demo Day. The startup reached advisory partnership agreements with IT Park Ventures, CS Angels, AloqaVentures, and individual investors. The amount of any financial commitment was not disclosed.
DentaGo reaches a strategic partnership agreement
DentaGo reached a strategic partnership agreement with CS Angels. As part of the partnership, the parties will explore opportunities to integrate DentaGo with healthcare-focused startups in CS Angels’ portfolio and collaborate with them.
Additional Opportunities for Startups
The Grand Demo Day went beyond investment agreements. C-Space Coworking provided participating startups with UZS 2 million in coworking vouchers.
Your startup could be on the stage at the next Grand Demo Day. Apply now and don’t miss the opportunity: SGdemodaybot
Lead Partner: Imkon Acceleration
Partners: C-Space Coworking, School 21
Investors: Imkon Ventures, AloqaVentures, IT Park Ventures, United Ventures, UC Ventures, CS Angels, Agro Ventures, SQB Ventures
Media Partner: Pivot
It is important to note that a soft commitment does not constitute a final investment. It represents an investor’s initial serious interest in investing in a project, while the final deal is typically formalized following due diligence and other legal processes.
