Sturgeon Capital

Sturgeon Capital is a London-based investment boutique established in 2006, specializing in the development of technology businesses in frontier markets. The firm operates as an asset manager and provides venture capital funding, primarily targeting startups in financial technology, business-to-business services, software, and marketplace sectors. Sturgeon Capital aims to foster innovation and growth by supporting leading tech ventures in emerging economies.

Alexander Branton

Partner

Kiyan Zandiyeh

Chief Investment Officer

Past deals in Central Asia

ZoodPay

Series B in 2021
ZoodPay is a Buy Now Pay Later payment solution offering interest-free installments in the untapped countries of MENA & Central Asia.

Zip24

Seed Round in 2021
Zip24 is an on-demand software startup that specializes in streamlining operations for e-commerce businesses through its cloud-based platform. The company offers a suite of solutions including warehouse management, order forecasting, logistics transaction facilitation, delivery management, and enterprise resource planning (ERP). Its Warehouse Management System (WMS) guides inventory receiving, put-away, picking, shipping, and replenishment, while the Delivery Management System (DMS) handles pickup to point-of-delivery operations. Zip24's platform integrates with popular storefronts, payment gateways, carriers, and third-party systems, supporting retailers, 3PL companies, and online marketplaces. The company operates on a pay-as-you-go subscription model and has global customers. Founded by former Amazon employees and SaaS entrepreneurs in the Middle East and Central Asia regions, Zip24 is headquartered in Dubai, UAE, with development and support hubs in Tashkent, Uzbekistan, and Karachi, Pakistan.

OrientSwiss

Seed Round in 2016
OrientSwiss SA is a Swiss company that operates an online marketplace facilitating business-to-business-to-consumer (B2B2C) trading and inbound travel. Founded in 2015 and headquartered in Lausanne, it combines e-commerce with advertising to streamline product and service transactions. The company is dedicated to delivering high-quality services to both merchants and customers in the rapidly growing mobile e-commerce markets of the Middle East and Central Asia. OrientSwiss has developed an innovative ecosystem that includes features such as a "Buy Now, Pay Later" option, a marketplace, and logistics solutions, enabling merchants from various regions—including the Middle East, Central Asia, China, Europe, Russia, and Turkey—to easily access new markets without incurring additional setup costs.
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