Kazakhstan mines uranium, copper and rare earths. That demand pulls real money into mining tech. State funds, miners and VCs all write cheques. Here are 11 mining tech investors backing Almaty founders in 2026.
Kazakhstan is a mining power, and Almaty is its hub. The sector now wants real software and automation.
State funds and big miners back proven, tested tech. Local VCs and angels fund you at the earlier stage.
You will pitch state funds, miners and VCs at once. Ellty keeps your mining tech deck behind one link.
Most want a full data room before the second meeting. Build it once in Ellty and reuse it for every fund.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| MOST Ventures | VC (Kazakhstan) | $50K-500K | Tech, SaaS, AI, deep tech | mostventures.vc |
| Sturgeon Capital | Frontier VC | $250K-1M | Emerging-market deep tech | sturgeoncapital.com |
| Quest Ventures | Regional VC | $250K-2M | Digital economy, platforms | questventures.com |
| Activat VC | Micro-VC | $50K-500K | Early-stage IT, deep tech | activat.vc |
| Tumar Venture Fund | Gov-backed VC | $100K-1M | Industrial software, agritech | tumar.kz |
| QazTech Ventures | Government fund | LP + $50K | Tech ecosystem, AI | qaztech.kz |
| Samruk-Kazyna | Sovereign fund | Strategic stakes | Mining, energy, nuclear | sk.kz |
| Tau-Ken Samruk | State mining corp | JV / project scale | Gold, tungsten, rare earths | tks.kz |
| Eurasian Resources Group | Corporate (mining) | Strategic / R&D | Mining AI, automation | eurasianresources.lu |
| BHP Ventures | Mining corporate VC | $1M-10M+ | Extraction, exploration AI | bhp.com |
| Mining Tech Accelerator | Mining accelerator | Seed + program | Exploration, drilling, safety | foundersfactory.com |
Open your data room before pitching
Ellty shows which fund opened your deck and read it through.
Start free 14-day trialWhat mining tech investors back
A mining tech investor wants proof from a real mine. They back hard cost or safety gains, not just hype.
Pilots matter far more than a slick forecast here. A single working mine pilot beats ten neat slides.
Sales cycles run long across mining and metals here. Investors want a clear route through those cycles.
See our Almaty ecommerce investors list too. Ellty shows which fund opened your deck and where they stopped.
Solutions from our digital team, from manufacturing execution systems to computer vision, are already in use in production.
11 Almaty mining tech investors
1. MOST Ventures
Central Asia's first private VC fund, from Almaty.
Recent Activity: Runs a $10M fund and an Almaty accelerator
LinkedIn: MOST Ventures on LinkedIn
Sector Focus: Tech, SaaS, AI, deep tech
Stage Focus: Seed, early
Check Size: $50K-500K
Location: Almaty, Kazakhstan
Website: mostventures.vc
2. Sturgeon Capital
A frontier VC backing deep emerging-market startups.
Recent Activity: Drew IFC into its new Central Asia fund
LinkedIn: Sturgeon Capital on LinkedIn
Sector Focus: Emerging-market deep tech
Stage Focus: Pre-seed, seed
Check Size: $250K-1M
Location: London and Almaty
Website: sturgeoncapital.com
3. Quest Ventures
A regional VC running an accelerator in Kazakhstan.
Recent Activity: Backed by QazTech as a fund LP
LinkedIn: Quest Ventures on LinkedIn
Sector Focus: Digital economy, platforms
Stage Focus: Post-seed, Series A
Check Size: $250K-2M
Location: Singapore and Almaty
Website: questventures.com
4. Activat VC
An Almaty micro-VC backing early deep-tech startups.
Recent Activity: Backed livestock IoT startup QazTracker
LinkedIn: Activat VC on LinkedIn
Sector Focus: Early-stage IT, deep tech
Stage Focus: Pre-seed, seed
Check Size: $50K-500K
Location: Almaty, Kazakhstan
Website: activat.vc
5. Tumar Venture Fund
A World Bank-backed fund for industrial software firms.
Recent Activity: Launched the Tumar Innovation Hub in 2025
LinkedIn: Tumar Venture Fund on LinkedIn
Sector Focus: Industrial software, agritech
Stage Focus: Early-stage
Check Size: $100K-1M
Location: Astana, Kazakhstan
Website: tumar.kz
6. QazTech Ventures
A state fund building Kazakhstan's deep-tech base.
Recent Activity: Part of a planned $1bn fund-of-funds
LinkedIn: QazTech Ventures on LinkedIn
Sector Focus: Tech ecosystem, AI
Stage Focus: LP, accelerator
Check Size: LP + $50K
Location: Astana, Kazakhstan
Website: qaztech.kz
Know which investor reads your deck
Ellty logs every open and page. Follow up first, not last.
Start free 14-day trial7. Samruk-Kazyna
Kazakhstan's $70bn sovereign wealth fund for mining.
Recent Activity: Targets $25.5bn in annual FDI from 2026
LinkedIn: Samruk-Kazyna on LinkedIn
Sector Focus: Mining, energy, nuclear
Stage Focus: Strategic (sovereign)
Check Size: Strategic stakes
Location: Astana, Kazakhstan
Website: sk.kz
8. Tau-Ken Samruk
The state miner backing gold and rare-earth projects.
Recent Activity: Signed a $1.1bn tungsten JV in 2025
LinkedIn: Tau-Ken Samruk on LinkedIn
Sector Focus: Gold, tungsten, rare earths
Stage Focus: Project / JV
Check Size: JV / project scale
Location: Astana, Kazakhstan
Website: tks.kz
9. Eurasian Resources Group
A mining giant rolling out AI across its own sites.
Recent Activity: Ran 17,000 driverless truck trips on 5G
LinkedIn: Eurasian Resources Group on LinkedIn
Sector Focus: Mining AI, automation
Stage Focus: Strategic (corporate)
Check Size: Strategic / R&D
Location: Luxembourg and KZ
Website: eurasianresources.lu
10. BHP Ventures
A mining major's VC arm funding extraction startups.
Recent Activity: Backed metals startup pH7's $25.6M round
LinkedIn: BHP on LinkedIn
Sector Focus: Extraction, exploration AI
Stage Focus: Seed to growth
Check Size: $1M-10M+
Location: Melbourne and global
Website: bhp.com
11. Mining Tech Accelerator
A Rio Tinto-backed accelerator for mining startups.
Recent Activity: 2025 cohort included explorer DNAir
LinkedIn: Founders Factory on LinkedIn
Sector Focus: Exploration, drilling, safety
Stage Focus: Seed (accelerator)
Check Size: Seed + program
Location: London and global
Website: foundersfactory.com
State money runs the sector
Samruk-Kazyna controls most big mining assets here. Its $70bn footprint shapes the whole mining sector.
Tau-Ken Samruk backs gold and rare-earth projects. State money now reaches some earlier-stage pilots.
Use investor update software for state LPs. State funds expect clear, regular progress reports.
Their due diligence process runs slow and deep. Keep every document ready inside one tracked room.
Global miners want your tech
BHP and Rio Tinto now scout startups directly too. They want exploration AI and mine automation tech.
ERG runs driverless trucks and AI across its sites. That shows the local appetite for tech is very real.
Protect IP with dynamic watermarking on files. Big miners care a lot about your data security here.
Add screenshot protection to sensitive specs. Share tech specs only with serious corporate buyers.
Rare earths pull new capital
Kazakhstan found major new rare-earth deposits too. That pulls fresh global capital into local mining.
Critical minerals sit high on the global agenda now. Investors back tools that find and refine them well.
Use document analytics to see who reads what. Know which backer is serious before you call them.
Work through a due diligence checklist early. Clean, ready data helps a fund commit much faster.
How to pitch a mining tech investor
Lead with the mine problem you actually solve.
- 1.Lead with the mine problem you actually solve.Show the cost or safety gain in hard numbers.
- 2.Prove it works at a real working mine site.Pilot data beats any slide-deck projection.
- 3.Show how you fit existing mine site equipment.Miners rarely rip out kit that already works.
- 4.Name your path through slow mining sales cycles.Big miners and states buy slowly and carefully.
- 5.Send one tracked Ellty link to your full deck.See which fund reads it all the way through.
How Ellty helps you land a mining tech investor in Almaty
Your Almaty mining tech list is ready to use. Open a data room before the first fund call.
- 1.Upload your deck, pilot data and tech specs.Keep every mining document in one secure room.
- 2.Send each fund their own private tracked link.Set precise view and download rights per fund.
- 3.Watch every open and follow up at the right time.Chase the funds that read the whole deck first.
Almaty mining tech funding questions
- VCs like MOST and Sturgeon. Plus state funds and miners.
- It leads world uranium output. Mining is 12% of GDP.
- Yes, BHP and Rio Tinto do. They back new mining tech.
- Yes, Samruk-Kazyna and Tau-Ken fund it. Both run big.
- Proof from a real mine site. Clear cost or safety gains.
