Notable examples:

We effectively leverage relationship with governments and international development organisations and agencies.

About

We are a trusted partner and a notable VC player in our target markets.

The managing company for the WHC group was established in 2021 to develop venture capital investment opportunities in Kazakhstan and scale into Central Asia, MENA, and other markets.
CEO: Aslan Sultanov
Location: Kazakhstan / Central Asia
CEO: Aslan Sultanov
Location: Astana, Kazakhstan
White Hill Capital led the creation of Tumar VC with the support of the World Bank and the Ministry of Digital Development, Innovations, and the Aerospace Industry of the Republic of Kazakhstan. In 2023, it became the largest private venture fund in Kazakhstan investing in startups in FinTech, EdTech, AI, etc.
CEO: Rinata Ilyubayeva
Location: Riyadh, KSA | Dubai, UAE
AIH focuses on attracting startups from Central Asia and the Caucasus to MENA market. In 2024, the Ministry and Astana Hub supported the opening of the first hub for tech companies from Central Asia in Saudi Arabia. 2025: at Dubai AI Week, Astana Hub, IT Park Uzbekistan, DIFC Innovation Hub, and Al-Farabi Innovation Hub announced the opening of Al-Farabi Innovation Hub branch in Dubai.
Team
We’re a solid mix of investment professionals living our dream and tackling everyday tasks with a mixture of positivity, atomised research and creativity.
Aslan Sultanov
CEO and Founder of White Hill Capital Group
Linar Yakupov
Chairman of Steering Board
Rinata Ilyubayeva
CEO of Al-Farabi Innovation Hub / COO of White Hill Capital
Elaman Jumadilov
Chief legal officer
Marlen Sikhayev
Independent Director
Assem Bolatzhan
Advisor
Advisory Board
Kemel Aitzhanov
Advisor
we’re here to help make an impact.
From EdTech, FinTech and JobTech to HealthTech:
We back early-stage startups whose founders aspire to change millions of lives for the better.
Product-Market Fit
We obsess over product design details and think that the best products give users a very deliberate glimpse into the future. When these transformative new customer experiences align with market tailwinds, the most consequential companies are built.
Community & Collaboration
We work together with a focus on relationships through collaboration across our community of entrepreneurs, portfolio companies, technology experts, and fellow investors so that we all can collectively succeed.
Excellence & Impact
We invest in entrepreneurs that have a grand vision and desire to change the world for the better. With our deep operating and investing experience, we are the highly engaged partner, whom we ourselves wanted to have in our corner when we built and managed successful companies.