Pioneering Environmental Startup Shakhnazar LLP is raising $5M with FasterCapital

Dubai, UAE, 2024-Nov-10 — /EPR Network/ — FasterCapital is thrilled to announce the inclusion of Shakhnazar LLP, a pioneering environmental startup, into its LaunchUp Program. The company is based in Kazakhstan and is led by the visionary General Director Meirambekov Eldos.
The company is dedicated to revolutionizing the coal industry by implementing cutting-edge technologies and sustainable practices that reduce environmental impact and promote a cleaner future.

Bashar Hamood, Managing Director of FasterCapital, highlighted the significance of Shakhnazar LLP’s mission. “Shakhnazar LLP’s focus on reducing the negative environmental impact associated with the coal industry is commendable. Through the program, we aim to provide the necessary resources and guidance to help them achieve their goals and make a meaningful difference in the industry.”

Meirambekov Eldos, the Founder of Shakhnazar LLP, emphasized the importance of collaboration in achieving their vision. “We are thrilled to collaborate with FasterCapital and leverage their expertise in reviewing and raising capital. Together, we aim to bring about positive change in the coal industry and contribute to a cleaner and more sustainable environment for future generations.”

Through FasterCapital’s LaunchUp program, Shakhnazar LLP will receive comprehensive support in refining their business model, accessing a global network of investors, and accelerating their growth trajectory. The collaboration between FasterCapital and Shakhnazar LLP marks a significant step towards fostering innovation and sustainability in the coal industry.