Uzum’s $1.5B leap

What we’ll cover today:

🚀 Uzbekistan’s Uzum scores $65.5M, hits $1.5B valuation

🤖 OpenMind raises $20M to power humanoid robots with

📈 What SaaS leaders think about frontier market growth

Tencent & VR Capital bet big on Uzbekistan’s Uzum 💰

Uzum, Uzbekistan’s homegrown e-commerce-to-fintech giant, just scored $65.5M from Tencent, VR Capital, and FinSight Ventures to grow even faster.

🚨Breaking News:
Uzum’s new funding round boosts its valuation to $1.5B, up 30% since last year, with plans for massive fintech and e-commerce expansion.

⚡Wire Simplified –

• Started in 2022 with an e-commerce platform, then launched fintech and food delivery.

• Serves 17M+ monthly active users, that’s half of Uzbekistan’s adult population!

• $150M profit in 2024, growing fast in banking and lending.

• Building AI-powered credit scoring, fraud detection, and personalized shopping.

• Will soon open marketplace to China & Turkey merchants.

✔️Straight to the Point:
Uzum is proof that knowing your home turf and scaling smart can turn a local startup into a billion-dollar global player fast.

FROM OUR FOUNDER…

The Smartest Way to Grow Your Newsletter 🚀

Tired of low-quality subs and wasted ad spend? I’ve scaled AI, fintech, SaaS, and multiple niche specific newsletters with real, engaged and high intent subscribers. Would love to do the same for you!

✅ 40%+ open rates—no bots, no junk leads.
✅ No ad management fees—just pay per engaged subscriber.
✅ First-party data & proprietary methods ensure quality.
✅ Risk-free scaling—we’ve built and grown newsletters ourselves.

📩 Want high-intent subscribers that actually engage? Let’s talk.

Meet OpenMind, the ‘Android’ for humanoid robots 🤖

Silicon Valley’s OpenMind, founded by Stanford professor Jan Liphardt, is making OM1, a universal “brain” for humanoid robots, like Android for phones.

🚨Breaking News:
OpenMind just raised $20M to get its OM1 software into robots everywhere, starting with 10 robotic dogs this September.

⚡Wire Simplified –

• OM1 works with any robot hardware, no brand limits.

• New FABRIC protocol lets robots share skills instantly (like learning a language in seconds).

• Goal: Make robots interact more naturally with humans at home and work.

• First fleet of robotic dogs ships in September for real-world testing.

• Investors include Pantera Capital, Coinbase Ventures, and Ribbit.

✔️Straight to the Point:
If Android changed your phone, OpenMind wants OM1 to change your robot, and they’re starting with dogs that can “think” together.

Global SaaS Innovation Summit 2025
This event gathers SaaS innovators, investors, and thought leaders to discuss the future of software and service delivery.
Date: December 2025 | Location: Dubai, UAE

Check out here

SaaS AI Summit 2025
A conference at the intersection of SaaS and AI, exploring how artificial intelligence is shaping the future of SaaS businesses.
Date: October 2025 | Location: London, UK

Check out here

Big SaaS Europe 2025
An international SaaS event featuring keynotes from industry leaders, focusing on B2B SaaS solutions and innovations.
Date: November 2025 | Location: Amsterdam, Netherlands

Check out here