This article examines the modern trends in the formation and development of venture funds within the economy. The study highlights the growing importance of venture capital as a financial mechanism for supporting innovation, startups, and high-technology sectors. It analyzes global and national tendencies in venture fund development, including investment growth, startup ecosystem expansion, and the increasing role of digital technologies in venture financing. Particular attention is given to institutional frameworks, government support mechanisms, and investment policies that influence the effectiveness of venture capital markets. The research also explores the challenges faced by developing economies in attracting venture investments and integrating into global financial systems. The findings indicate that the expansion of venture funds contributes significantly to innovation-driven economic growth, job creation, and the diversification of national economies. The article concludes that strengthening financial infrastructure, improving regulatory frameworks, and encouraging public-private partnerships are essential for sustainable development of venture financing systems.
Gulnoza Tolliyevna Karajanova (2026) studied this question.