Georgia's technology sector witnessed unprecedented growth in Q1 2025, attracting $450 million in venture capital across 127 startups, marking a 340% increase from the previous year.
Tbilisi-based fintech companies captured 42% of total investments, with digital payment platforms and blockchain solutions leading the charge. International investors from the UAE, Turkey, and European Union participated actively in funding rounds.
The Georgian government's tech-friendly regulatory environment and zero corporate tax policy for IT companies continue to attract global talent. Over 3,200 software developers relocated to Georgia in 2024, doubling the previous year's figures.
Major investments include a $85 million Series B round for TbiliPay, a cross-border payment platform serving 8 Caucasus and Central Asian markets, and $62 million for CloudCaucasus, an AI-powered cloud infrastructure provider.
Industry analysts project Georgia's tech ecosystem valuation to exceed $3.2 billion by year-end 2025, establishing the country as a strategic technology hub connecting European and Asian markets.
The National Bank of Georgia reports that tech sector exports reached $280 million in Q1 alone, with software development services and IT consulting comprising 68% of export revenues.