{"id":12995,"date":"2026-08-27T12:28:37","date_gmt":"2026-08-27T07:28:37","guid":{"rendered":"https:\/\/pivot.uz\/?p=12995"},"modified":"2026-08-27T12:42:34","modified_gmt":"2026-08-27T07:42:34","slug":"ozbekiston-startap-ekotizimida-birgalikda-investitsiya-kiritish-madaniyati-shakllanmoqda","status":"publish","type":"post","link":"https:\/\/pivot.uz\/uz\/ozbekiston-startap-ekotizimida-birgalikda-investitsiya-kiritish-madaniyati-shakllanmoqda\/","title":{"rendered":"O\u2018zbekiston startap ekotizimida birgalikda investitsiya kiritish madaniyati shakllanmoqda"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Venchur bozorining rivojlanishi nafaqat kiritilgan investitsiyalar hajmi, balki investorlarning o\u2018zaro hamkorlik darajasi bilan ham o\u2018lchanadi. 2026-yilning I va II chorak yakunlari O\u2018zbekiston ekotizimida yangi bosqich \u2014 co-investment (birgalikda investitsiya qilish) madaniyati jadal o\u2018sayotganini ko\u2018rsatdi. Bugungi kunda mahalliy fondlar va angel investorlar raqobatdan ko\u2018ra kapital hamda tajribani birlashtirishni afzal ko\u2018rmoqda.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"515\" src=\"http:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-1024x515.png\" alt=\"\" class=\"wp-image-12993\" srcset=\"https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-1024x515.png 1024w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-300x151.png 300w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-768x386.png 768w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-1536x773.png 1536w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-600x302.png 600w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-150x75.png 150w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-360x180.png 360w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-750x377.png 750w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1-1140x573.png 1140w, https:\/\/pivot.uz\/wp-content\/uploads\/2026\/08\/co-investments-2026-v4-1.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. Q1 2026: Yirik raundlar va o\u2018sish bosqichidagi hamkorlik<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Birinchi chorakda birgalikda investitsiya qilish asosan o\u2018sish bosqichidagi (<em>Growth Stage<\/em> va <em>Series A<\/em>) yirik loyihalar uchun xizmat qildi. Asosiy maqsad \u2014 yirik sarmoyalarni jamlash va yuqori risklarni bo\u2018lishish bo\u2018ldi.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Datatruck (Series A \u2014 $13.2M): Avenue Growth, AloqaVentures va IT Park Ventures hamkorligida.<\/li>\n\n\n\n<li>OX Group (Growth<em><strong> <\/strong><\/em>Stage \u2014 $900K): IT Park Ventures va United Ventures.<\/li>\n\n\n\n<li>Smartcast (Growth Stage \u2014 $200K): IT Park Ventures va United Ventures.<\/li>\n\n\n\n<li>Moomkin (Seed \u2014 $140K): AloqaVentures, Yoshlar Ventures va angel investor.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Q1 davrida <em>Pre-Seed<\/em> (erta) bosqichidagi 7 ta bitimda ($355K) birgalikda investitsiya qilish kuzatilmadi. Hamkorlik faqat o\u2018sish bosqichidagi yirik loyihalar uchun xos edi.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Q2 2026: Erta bosqichga ko\u2018chgan sinergiya<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ikkinchi chorakda vaziyat tubdan o\u2018zgardi. Birgalikda investitsiya kiritish madaniyati <em>Pre-Seed<\/em> va <em>Seed<\/em> qatlamiga ham kirib bordi:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Alipos (SaaS \u2014 $200,000): Imkon Ventures ($110K) va Nexus Club ($90K) teng ulushda. Bu professional <em>due diligence<\/em>dan so\u2018ng xususiy investorlar jarayonga xavfsiz qo\u2018shilayotganini ko\u2018rsatadi.<\/li>\n\n\n\n<li>Makon AI (EdTech \u2014 $300K): Yoshlar Ventures ($125K), AloqaVentures ($100K) va IT Park Ventures ($75K).<\/li>\n\n\n\n<li>Joymee (PropTech \u2014 $150K): AloqaVentures ($20K), IT Park Ventures ($50K) va Nexus Club ($80K).<\/li>\n\n\n\n<li>The Cargo (FreightTech \u2014 $125K): Yoshlar Ventures ($80K) va ikkita angel investor ($30K va $15K).<\/li>\n\n\n\n<li>Lumi (EdTech \u2014 $80K): Yoshlar Ventures ($40K) va angel investor ($40K).<\/li>\n\n\n\n<li>Onless (EdTech \u2014 $35K): AloqaVentures ($10K) va Yoshlar Ventures ($25K).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">O\u2018zbekiston kabi endi rivojlanayotgan va kapital hajmi hali unchalik yuqori bo\u2018lmagan yosh bozorlar uchun birgalikda investitsiya qilish eng optimal yechimdir:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Riskni kamaytirish: Hech bir mahalliy fond erta bosqichdagi bitta startapga butun mablag\u2018ini tikib, tavakkal qilishni istamaydi. Riskni 2-3 ta investor o\u2018rtasida bo\u2018lishish barqarorlikni ta\u02bcminlaydi.<\/li>\n\n\n\n<li>Yirikroq va sifatliroq cheklar: Startaplar endi kichik $10k-$20k lik yakka cheklar bilan cheklanmasdan, bir vaqtning o\u2018zida yirik va tizimli investitsiyalarni qo\u02bblga kiritishmoqda.<\/li>\n\n\n\n<li>Aqlli Pul (Smart Money): Startap bitta fondning qobig\u2018idan chiqib, bir vaqtning o\u2018zida bir nechta tajribali investorlarning resurslari va imkoniyatlaridan foydalanadi.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Faqat bitta investorga suyanish strategiyasidan voz keching. <em>Pitch deck<\/em>ingizni sindikat bitimlariga (bir nechta investor birgalikda kirishiga) moslashtiring. Agar bitta fondning elagidan (<em>due diligence<\/em>) muvaffaqiyatli o\u2018tsangiz, u boshqa hamkor fondlarni ham raundingizga jalb qila oladi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venchur bozorining rivojlanishi nafaqat kiritilgan investitsiyalar hajmi, balki investorlarning o\u2018zaro hamkorlik darajasi bilan ham o\u2018lchanadi. 2026-yilning I va II chorak yakunlari O\u2018zbekiston ekotizimida yangi bosqich \u2014 co-investment (birgalikda investitsiya qilish) madaniyati jadal o\u2018sayotganini ko\u2018rsatdi. Bugungi kunda mahalliy fondlar va angel investorlar raqobatdan ko\u2018ra kapital hamda tajribani birlashtirishni afzal ko\u2018rmoqda. 1. Q1 2026: Yirik raundlar va [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"jnews_podcast_option":[],"jnews_podcast_series":[],"footnotes":""},"categories":[426],"tags":[461,365],"jnews-series":[],"class_list":["post-12995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bozor-malumotlari-va-hisobotlari","tag-startup-2","tag-startap-uz"],"_links":{"self":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/12995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/comments?post=12995"}],"version-history":[{"count":2,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/12995\/revisions"}],"predecessor-version":[{"id":12998,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/posts\/12995\/revisions\/12998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media\/12988"}],"wp:attachment":[{"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/media?parent=12995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/categories?post=12995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/tags?post=12995"},{"taxonomy":"jnews-series","embeddable":true,"href":"https:\/\/pivot.uz\/uz\/wp-json\/wp\/v2\/jnews-series?post=12995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}