Presight AI and Astana Hub collaborate to support startups and entrepreneurs in Central Asia

  • Date: 18-Jan-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Presight AI and Astana Hub collaborate to support startups and entrepreneurs in Central Asia

Abu Dhabi, UAE:- Presight AI, a G42 company and the leading UAE-based Big Data Analytics and AI company, has signed a Memorandum of Understanding with Astana Hub, the largest international technology park for IT startups in Central Asia, to power venture financing deals for startups.

The partnership will allow Presight and Astana Hub to enable startups from Kazakhstan, Azerbaijan, Mongolia, and Central Asia to accelerate their business journey, drive growth through innovation, and extend their reach to the Middle East and African markets. In addition, Presight will aid these startups through a series of business initiatives and joint programs to further empower them.

The MoU is an extension of the agreement between G42 and the Ministry of Digital Development, Innovation, and Aerospace Industry of the Republic of Kazakhstan, which was announced at the Digital Bridge International IT Forum 2022. The MoU was signed by Thomas Pramotedham, CEO of Presight and Magzhan Madiyev, CEO of Astana Hub.

Thomas Pramotedham said: “Astana Hub has an amazing track record of driving a thriving ecosystem of innovation and startups within Kazakhstan and the region. This partnership sees Presight as a key venture partner and accelerator of Astana Hub, alongside Google, and Binance, extending our drive to bring