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.
Top Stages
Past deals in Uzbekistan
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.
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