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Top 35 Startup Investors in Azerbaijan (September 2026)

The most active venture capital funds and angel investors investing in Azerbaijan startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Azerbaijan startup companies. Find investors to raise a Pre-Seed, Seed or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sup VC
VC Fund
16 Azerbaijan, United States Seed, Pre-Seed, Venture - Series Unknown Internet, Software, Social $5k–$70k
Caucasus Ventures
VC Fund
3 United States, Georgia, Azerbaijan Seed, Pre-Seed, Series B Artificial Intelligence, Software, Financial Services $50k–$2.5M
Backup Ventures
VC Fund
2 Azerbaijan Seed, Pre-Seed Internet, Software, Digital Marketing
SABAH INVESTMENTS LLC
VC Fund
2 Azerbaijan Pre-Seed
Hagan Haligzada
Angel
2 Azerbaijan Pre-Seed, Private Equity Banking, FinTech, Finance
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5.1M–$369M
Azerbaijan Airlines
VC Fund
1 Azerbaijan Debt Financing Shipping, Manufacturing, Product Design
Enabling Qapital
VC Fund
1 India, Uganda, Azerbaijan Debt Financing, Venture - Series Unknown Financial Services, Banking, Finance $4.9M–$267M
IT PARK Ventures
VC Fund
1 United States, Azerbaijan, Uzbekistan Seed, Venture - Series Unknown, Grant Software, SaaS, FinTech $100k–$4M
Flori Ventures
VC Fund
1 United States, United Kingdom, Israel Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, FinTech $100k–$11M
White Hill Capital
VC Fund
1 United Arab Emirates, Poland, Azerbaijan Seed, Pre-Seed SaaS, Artificial Intelligence, B2B $100k–$2M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
ICD-PS
VC Fund
1 Turkey, Uganda, Uzbekistan Debt Financing, Post-IPO Debt, Venture - Series Unknown Financial Services, Banking, Finance $10M–$100M
Marek Olszewski
Angel
1 United States, Canada, Nigeria Seed, Pre-Seed, Convertible Note Cryptocurrency, Blockchain, Software $150k–$7M
Aalto Startup Center
VC Fund
1 Azerbaijan Angel
Rene Reinsberg
Angel
1 United States, Canada, Israel Seed, Pre-Seed, Series A Cryptocurrency, Blockchain, Software $400k–$11M
The International Islamic Trade Finance Corporation
VC Fund
1 Uzbekistan, Turkey, Nigeria Debt Financing Banking, Financial Services, Finance $12M–$100M
Allegory Labs
VC Fund
1 United States, United Kingdom, Estonia Pre-Seed, Seed, Series A Blockchain, Cryptocurrency, Energy $400k–$4.2M
John Hawkins
Angel
1 Azerbaijan, United States, United Kingdom Pre-Seed, Series A, Series C SEO, Video, Shopping
BlueOrchard Finance S A
VC Fund
1 India, Nigeria, Vietnam Debt Financing, Series A, Post-IPO Debt Financial Services, Finance, FinTech $3.1M–$220M
UNEC Startup Incubator
VC Fund
1 Azerbaijan, United States Pre-Seed B2B, SaaS, Health Care $2k–$2k
Ethan O'Brien
Angel
1 Azerbaijan Pre-Seed Marketing, Lead Generation, Digital Marketing
James McCarthy
Angel
1 Azerbaijan Pre-Seed Marketing, Lead Generation, Digital Marketing
Asian Development Bank
VC Fund
1 India, Indonesia, Vietnam Debt Financing, Post-IPO Debt Financial Services, Energy, Finance $14M–$820M
OPEC Fund
VC Fund
1 Armenia, Vietnam, Uzbekistan Debt Financing, Post-IPO Debt, Grant Financial Services, Banking, Finance $20M–$692M
Azeo Ventures
VC Fund
1 France, Azerbaijan Series A, Series C Software, Marketing, 3D Technology
responsAbility Investments AG
VC Fund
1 India, Indonesia, Singapore Debt Financing, Series B Financial Services, Finance, FinTech $1.2M–$80M
Advent Venture Partners
VC Fund
1 United Kingdom, United States, Switzerland Series B, Series A Biotechnology, Health Care, Software $6.6M–$50M
Activat VC
VC Fund
1 United States, Kazakhstan, Uzbekistan Seed, Pre-Seed Software, Artificial Intelligence, SaaS $80k–$2M
Presight
VC Fund
1 United States, Singapore, Azerbaijan Seed, Venture - Series Unknown Artificial Intelligence, Software, Analytics
Carl O'Brien
Angel
1 Azerbaijan Private Equity Banking, FinTech, Finance
Orange DAO
VC Fund
1 United States, Singapore, Spain Pre-Seed, Seed, Private Equity Cryptocurrency, Blockchain, Software
Daimler Investments
VC Fund
1 Azerbaijan Private Equity Banking, FinTech, Finance
Janine Carter
Angel
1 Azerbaijan Private Equity Banking, FinTech, Finance
Black Sea Trade & Development Bank
VC Fund
1 Greece, Ukraine, Turkey Debt Financing, Post-IPO Debt Financial Services, Banking, Energy $5.5M–$370M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Sup VC
VC Fund · 16 investments in Azerbaijan startups

Investment focus

  • Industry: Internet, Software, Social
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Azerbaijan, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $5k–$12k; Pre-Seed $50k–$70k
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Botbox — Botbox helps small and medium-sized businesses to onboard customers seamlessly and automate marketing via the most popular messaging apps
  • D’arzi — D’arzi is a social platform for tailors and dress-makers to create appropriate model in few clicks measuring body sizes for clothing by using designer-constructor software. In addition, it allows customers to place an order for that tailored product.
  • Nextsale — Boost website sales with social proof & urgency tools. Nextsale makes users feel the experience of shopping in a dynamic website.
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Caucasus Ventures
VC Fund · Baku, Baki, Azerbaijan · 3 investments in Azerbaijan startups

Caucasus Ventures is a venture capital firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Georgia, Azerbaijan

Investor stats

  • Total investments: 40
  • Round size: Seed $106k–$1.9M; Pre-Seed $50k–$2.5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
  • Fromfolio — Fromfolio offers an online platform for creating, managing, and sharing professional portfolios to showcase work, projects, and skills.
  • TASS Vision — Our AI cameras analyse incoming traffic with staff excluded automatically. That gives you advanced analytics and AI-driven insights.
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Backup Ventures
VC Fund · Baku, Baki, Azerbaijan · 2 investments in Azerbaijan startups

BackupVC is a forward-thinking venture capital firm dedicated to empowering early-stage startups and visionary entrepreneurs. We go beyond traditional funding, providing a comprehensive suite of essential services including strategic capital investment, expert accounting guidance, crucial legal support, and cutting-edge software developmentresources. Our mission is to act as the ultimate "backup" for your venture, ensuring you have the robust foundation, expert counsel, and technical capabilities needed to navigate challenges, accelerate growth, and achieve long-term success. At BackupVC, we invest in your potential and build alongside you.

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Investment focus

  • Industry: Internet, Software, Digital Marketing
  • Stage:Seed, Pre-Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • KoliPlus — KoliPlus offers a freight forwarding service in Azerbaijan. They deliver cargo from 7 countries, namely Turkey, America, Germany, China, England, and UAE(Dubai), Spain to Azerbaijan.
  • Relink — Create Relink for all app platforms and track downloads
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SABAH INVESTMENTS LLC
VC Fund · 2 investments in Azerbaijan startups

SABAH.lab is a startup acceleration center focused on helping startups get through idea validation, MVP production, and fundraising. We aim to establish a flourishing startup ecosystem in Azerbaijan and the region.

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Investment focus

  • Stage:Pre-Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • AzAstro Technologies — We program drones to gain the most accurate aerial data intelligence for both private and public sector organizations
  • Perkskit — Perkskit believe now it is a great opportunity to transform the corporate perks system and to help employees feel more appreciated. We empower businesses to create a streamlined employee experience to maximize HR investments and drive core business results.
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Hagan Haligzada
Angel · 2 investments in Azerbaijan startups

COO @ Aquaaz ltd CEO @ Myers Krause

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Pre-Seed, Private Equity
  • Geography: Azerbaijan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Myers Krause — We build brands! We transform ordinary companies into global brands, improving their corporate identity, corporate design, adjusting the business model, focusing on continuous improvement.As a new type of agency, a “customer experience agency,” we help bridge the gap between brand promise and customer expectation by creating new experiences thatdeliver meaningful business outcomes for brands.
  • Grayson Fargo — Grayson Fargo LLC is a new type of investment company. We analyze DeFi industry in detail, to select and invest in the most liquid and growing assets. By diversifying our portfolio, we reduce risks and stabilize yield rate. DeFi is the future of the modern financial and banking system.We effectively manage investor money by investing indecentralized finance technologies: DeFi Pulse Index, DEX (UniSwap, Curve Finance, Balancer), decentralized lending platforms (Maker, Compound, Aave) and the most promising decentralized financial companies.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Azerbaijan startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 485
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$215M; Private Equity $15M–$100M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • European Metals Holdings — European Metals Holdings is a mineral exploration and development company engaged in the exploration of tin and base metals. The Company is primarily involved in the development of a lithium and tin project in the Czech Republic.
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Azerbaijan Airlines
VC Fund · Baku, Baki, Azerbaijan · 1 investments in Azerbaijan startups

Azerbaijan Airlines is a major air carrier and one of the leaders of the aviation community of the CIS countries.

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Investment focus

  • Industry: Shipping, Manufacturing, Product Design
  • Stage:Debt Financing
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Baku Shipyard — We take engineering seriously. Your new project is more than just the material used to construct it. Whether a residential or commercial project, we ensure that we offer the best in industry standards and professionalism
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Enabling Qapital
VC Fund · 1 investments in Azerbaijan startups

Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: India, Uganda, Azerbaijan

Investor stats

  • Total investments: 7
  • Round size: Debt Financing $4.9M–$267M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Rabitabank — Rabitabank offers comprehensive digital banking and financial services to individuals and businesses for development in the future.
  • Premier Credit — We are a Microfinance Institution offering loans to Civil Servants, Logbook Owners, Salary earners, School Proprietors & SME Business Owners in Uganda.
  • Samunnati — Driven by a passion to become enablers of the value chain of the agricultural finance sector, Samunnati offers advisory support and agriculture loans.
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IT PARK Ventures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Azerbaijan startups, 7 in the past 12 months

Venture fund for startups in Central Asia. AI-powered evaluation.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Venture - Series Unknown, Grant
  • Geography: United States, Azerbaijan, Uzbekistan

Investor stats

  • Total investments: 9
  • Round size: Seed $100k–$4M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Joymee — Joymee, a digital real estate marketplace, is revolutionizing how people search for and find property.
  • Makon AI — We are an EdTech company fixing fragmented SAT/ACT Prep
  • Domo — Domo is a community management platform designed for residential communities,It brings payments, announcements, maintenance requests, messaging, and financial transparency into one platform.
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Flori Ventures
VC Fund · San Francisco, California, United States · 1 investments in Azerbaijan startups

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 106
  • Round size: Seed $250k–$11M; Pre-Seed $100k–$3.5M; Series A $2.8M–$11M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Mento Labs — Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
  • Learn.xyz — Learn.xyz’s is a mixture of Duolingo and Wikipedia, powered by AI, creating bite-sized “Curiosities” which feature slides and a quiz, in mere seconds just from taking in a user’s question. Find the app on iOS and Android.
  • Thrive Protocol — Thrive Protocol's vision is to maximize value creation for all people and communities.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
White Hill Capital
VC Fund · Astana, Astana, Kazakhstan · 1 investments in Azerbaijan startups

We invest in fast-growing technology companies at various stages around the world

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Investment focus

  • Industry: SaaS, Artificial Intelligence, B2B
  • Stage:Seed, Pre-Seed
  • Geography: United Arab Emirates, Poland, Azerbaijan

Investor stats

  • Total investments: 11
  • Round size: Seed $300k–$2M; Pre-Seed $100k–$1.2M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Clopos — Clopos provides next-generation solutions that simplify and automate work in restaurants and other food businesses, making management more convenient and efficient
  • Push30 — Push30 is a mobile fitness application which provides corporate benefits to its users providing unlimited access to gyms and fitness venues with a single membership. The goal of the application is to restructure the fitness industry, encourage fitness culture in Azerbaijan and become a household name for fitness across the country.
  • AILA — AILA is an innovative ed-tech startup dedicated to reshaping the landscape of education by harnessing the transformative power of artificial intelligence. Its mission is to create dynamic and personalized learning experiences that cater to the unique needs of each student. By integrating advanced AI technologies, we aim to enhance educationaloutcomes, foster engagement, and empower learners to reach their full potential. Through our solutions, we seek to bridge gaps in accessibility and provide educators with the tools they need to inspire and motivate the next generation
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Azerbaijan startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 73
  • Round size: Series B $5M–$41M; Debt Financing $4M–$137M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Bank Respublika — Bank Respublika builds its relations with customers on the principle of maximum benefit to them. It is to constantly improve the quality of customer service, expand services and improve conditions. It cooperates with various international and foreign financial institutions, and one of the main directions of this cooperation is the implementationof various programs for business lending and trade finance.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
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ICD-PS
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Azerbaijan startups, 7 in the past 12 months

The Islamic Corporation for the Development of the Private Sector (ICD)

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: Turkey, Uganda, Uzbekistan

Investor stats

  • Total investments: 13
  • Round size: Debt Financing $10M–$100M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Asaka bank — Aksaka bank is a financial organization that provides curated banking solutions to meet the personal, business, and corporate needs in the vicinity. The organization also offers personal loans and commercial credit facilities for individuals and local businesses.
  • Al Salam Bank-Bahrain — Al Salam Bank-Bahrain is an Islamic bank headquartered in the Kingdom of Bahrain.
  • Applied Plastic Industries Company — Applied for Plastics Industries, a major manufacturer in Jordan and a major participant in the non-woven industry in the Middle East. The company manufactures non-woven reusable bags, calcium carbonate, masterbatch, disposable medical apparel, and non-woven fabrics.
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Marek Olszewski
Angel · San Francisco, California, United States · 1 investments in Azerbaijan startups

Marek Olszewski is the President at Valora.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Software
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 13
  • Round size: Seed $150k–$7M; Pre-Seed $400k–$700k
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Remox — Simplified and Collaborative Treasury Management for DAOs
  • Predicate — Policy for blockchain applications
  • Capsule Wallets — At Capsule, we thrive on challenging the design of products we use every day. In doing so, we hope to introduce you to a simpler way of living.
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Aalto Startup Center
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Azerbaijan startups

Aalto Startup Center runs a Business Generator program for startups in Espoo, Finland. They offer their services to startups at the beginning of their journey. Business Generator model “From Ideas to Impact” lasts 12 + 12. It is Program Journey. Program provides startups with support, coaching, tools and modern, communal workspaces, as well asnetworks for fundraising.

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Investment focus

  • Stage:Angel
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skolyn — Skolyn is a clinical-stage computational imaging and artificial intelligence company architecting the foundational technologies for the next era of diagnostic medicine. The company's core mission is to resolve the systemic inefficiencies confronting modern radiology, including unsustainable workloads, high clinician burnout rates, andpersistent diagnostic error rates.Skolyn's key technological differentiator is its "Clarity Engine," a suite of deep learning models trained on vast datasets of raw k-space data (from initiatives like the fastMRI+ project), which enables the reconstruction of medical images from undersampled data. This technology can significantly reduce MRI scan times while simultaneously improving image quality.Built upon this foundation, the Skolyn Diagnostic Suite provides clinicians with a universal, multi-modal analysis platform with an initial focus on Musculoskeletal (Knee), Neurology (Brain), and Oncology (Prostate, Breast) MRI. Every module is built upon the inviolable principle of Explainable AI (XAI), providing a complete dossier of evidence for each finding to foster warranted clinical trust.The company operates on a tiered, B2B Software-as-a-Service (SaaS) model, providing annual licenses to hospitals and clinical centers. Skolyn is strategically aligned with national digital health initiatives and is positioned to become a leader in the rapidly growing field of AI-augmented, high-performance medicine.
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Rene Reinsberg
Angel · San Francisco, California, United States · 1 investments in Azerbaijan startups

Rene Reinsberg is the Co-Founder and President of Celo.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 25
  • Round size: Seed $950k–$3.5M; Pre-Seed $400k–$5M; Series A $7.5M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Predicate — Policy for blockchain applications
  • Fountain — Fountain operates in the finance industry, providing a wallet platform specifically designed for teams. The platform allows users to create permission-controlled wallets in a matter of seconds, offering a centralized location for managing all transactions and treasury. In addition to its wallet services, Fountain also offers a unique way to enjoypodcasts, further diversifying its product offerings. With a team of six, Fountain continues to innovate in the realm of finance and entertainment.
  • Capsule Wallets — At Capsule, we thrive on challenging the design of products we use every day. In doing so, we hope to introduce you to a simpler way of living.
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The International Islamic Trade Finance Corporation
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Azerbaijan startups, 10 in the past 12 months

The International Islamic Trade Finance Corporation operates as a trade solutions provider.

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Investment focus

  • Industry: Banking, Financial Services, Finance
  • Stage:Debt Financing
  • Geography: Uzbekistan, Turkey, Nigeria

Investor stats

  • Total investments: 13
  • Round size: Debt Financing $12M–$100M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hamkorbank — Hamkorbank is a universal bank that provides a wide range of banking services such as credit, deposit taking, cash and money transfer.
  • Asia Alliance Bank — Asia Alliance Bank provides savings, deposits, loans, credit, leasing, finance and online banking services.
  • Orient Finans Bank — Orient Finans Bank is a financial institution that offers banking, lending, and financial services to individuals and companies.
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Allegory Labs
VC Fund · New York, New York, United States · 1 investments in Azerbaijan startups

Allegory Labs is an investment company that invests and builds at the intersection of web3 and climate.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Energy
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 10
  • Round size: Seed $2.5M–$4.2M; Pre-Seed $400k–$2.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Thallo — Thallo is a Carbon Credit Marketplace that is run on the blockchain. We offer businesses and individuals a place to purchase carbon credits.
  • React Network — React Network aims to modernize the national power grid by creating a community owned network connecting energy storage assets.
  • Return Protocol — Stake your crypto for perpetual climate impact. Show the world with a dynamic Soulbound Token.
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John Hawkins
Angel · San Francisco, California, United States · 1 investments in Azerbaijan startups

John Hawkins is a Managing Partner and Co-founder of Generation Partners, a private equity firm that provides growth capital to technology-enabled services companies through buyout and minority equity investments. Through Generation and predecessor firms, John has 25 years of experience in private equity investing. Prior to founding Generation in1995, John was a General Partner of Burr, Egan, Deleage & Co., a venture capital firm which he joined in 1987. At Burr, Egan, Deleage, John invested mainly in telecommunications, data communications, software, and business services companies. Prior to this, John worked in the Corporate Finance Department of Alex Brown & Sons, Inc. in San Francisco, where he advised information technology companies in the areas of financial strategy, public offerings and mergers & acquisitions. Earlier, John was a publishing research analyst covering information technology companies for Woodman, Kirkpatrick & Gilbreath an investment bank which was subsequently purchased by Hambrecht & Quist. In addition to Captivate Network, John has served on the Board of Directors of over 20 companies including: HotJobs (NASDAQ: HOTJ) – a pioneer in online recruiting; P-Com (NASDAQ: PCOM) – a communications infrastructure equipment supplier; Demand Media (NYSE: DMD) – a leading online media company; thePlatform – a developer of digital content software solutions; Agility Recovery Solutions – a leading disaster recovery provider; High End Systems – a premier manufacturer of intelligent lighting; ShopWiki – an advanced comparison shopping search engine; Donuts – a domain registry where he is a board observer; and iCrossing – a large independent, global interactive advertising agency. John graduated with a Bachelor of Arts in English with honors from Harvard College in 1982, where he was a John Harvard Scholar. John received his MBA from the Harvard Graduate School of Business in 1986. John is a member of the World Presidents’ Organization.

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Investment focus

  • Industry: SEO, Video, Shopping
  • Stage:Pre-Seed, Series A, Series C
  • Geography: Azerbaijan, United States, United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Remox — Simplified and Collaborative Treasury Management for DAOs
  • ShopWiki — Buying anything? ShopWiki has stores, products, and buying guides to help you find what and where to buy at the best price.
  • iCrossing — iCrossing is a global Digital Marketing Agency with top talent and technologies. Learn more about our digital marketing services, work, and capabilities.
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BlueOrchard Finance S A
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Azerbaijan startups

BlueOrchard leads in Global Impact Investing, empowering people and protecting the planet through innovative, purpose-driven solutions.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Series A, Post-IPO Debt
  • Geography: India, Nigeria, Vietnam

Investor stats

  • Total investments: 50
  • Round size: Series A $6.7M–$46M; Post-IPO Debt $5M–$220M; Debt Financing $3.1M–$38M
  • Lead/follow: 72% lead, 28% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • JUMO — Enabling infrastructure for banking. We build enabling technology so that you can reach more customers, save money, achieve higher returns and greater scale.
  • Previsico — Discover Previsico's real-time flood forecasting solutions, designed to mitigate risks for businesses and communities worldwide.
  • QNB Finansleasing — QNB Finansleasing company provides domestic and international financial leasing.
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UNEC Startup Incubator
VC Fund · Baku, Baki, Azerbaijan · 1 investments in Azerbaijan startups

Our mission is to inspire UNEC talents to start their entrepreneurial journeys here. We aim to bring new breath to student entrepreneurship with a set of activities. The UNEC INC are holding complex set of startup initiatives such as hackathons, Incubation activities, competitions and etc in order to settle this culture within the university andstudent mindsets.

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Investment focus

  • Industry: B2B, SaaS, Health Care
  • Stage:Pre-Seed
  • Geography: Azerbaijan, United States

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $2k–$2k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hirpo — Hirpo is an innovative HRTech enables you to easily automate 70% of the Employee performance process (designing consultant) and managing it with AI. With Hirpo, you can effectively carry out the performance evaluation process of your employees.
  • 4You — Introducing a groundbreaking online platform, this website serves as a crucial bridge between children, teenagers, and their parents seeking mental health support and professional psychologists. In today's digital age, where mental well-being is a top priority, this platform offers a safe and accessible space for individuals of all ages toconnect with licensed psychologists in a secure online environment. Designed with the unique needs of kids and teens in mind, the platform ensures a user-friendly interface, engaging content, and age-appropriate resources. Parents can actively participate in the process, fostering a collaborative approach to their child's mental health. The platform's innovative features facilitate confidential virtual sessions, secure messaging, and progress tracking, empowering families to address emotional challenges and nurture a supportive and healthy environment for the younger generation. With a commitment to enhancing accessibility and reducing the stigma associated with seeking psychological support, this website revolutionizes the way families access professional mental health services tailored specifically to the needs of children and teenagers.
  • FeedHub — In today's dynamic business landscape, interactive communication between companies and customers has become paramount, especially in industries where customer engagement is integral to success. Sectors such as technology, retail, and service-oriented businesses are witnessing a transformative shift towards fostering real-time, two-waycommunication. This evolution is driven by the advent of digital platforms, social media, and advanced customer relationship management tools. Companies in these industries recognize the need to establish a seamless and responsive dialogue with their customers, not only to address queries and concerns promptly but also to actively seek feedback and preferences. This interactive communication loop not only enhances customer satisfaction but also enables companies to adapt swiftly to evolving market trends, tailor products and services to meet customer expectations, and ultimately build lasting, mutually beneficial relationships.
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Ethan O'Brien
Angel · London, England, United Kingdom · 1 investments in Azerbaijan startups

Ethan O'Brien

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Investment focus

  • Industry: Marketing, Lead Generation, Digital Marketing
  • Stage:Pre-Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Myers Krause — We build brands! We transform ordinary companies into global brands, improving their corporate identity, corporate design, adjusting the business model, focusing on continuous improvement.As a new type of agency, a “customer experience agency,” we help bridge the gap between brand promise and customer expectation by creating new experiences thatdeliver meaningful business outcomes for brands.
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James McCarthy
Angel · 1 investments in Azerbaijan startups

James McCarthy

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Investment focus

  • Industry: Marketing, Lead Generation, Digital Marketing
  • Stage:Pre-Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Myers Krause — We build brands! We transform ordinary companies into global brands, improving their corporate identity, corporate design, adjusting the business model, focusing on continuous improvement.As a new type of agency, a “customer experience agency,” we help bridge the gap between brand promise and customer expectation by creating new experiences thatdeliver meaningful business outcomes for brands.
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Asian Development Bank
VC Fund · Mandaluyong, Cavite, Philippines · 1 investments in Azerbaijan startups

Asian Development Bank (ADB) is an international development finance institution that provides developing nations with loans, advice, policy dialogue, technical assistance, and equity investments, and grants for a broad range of development activities. It partners with member governments, independent specialists, and other financial institutions todeliver projects that create economic and development impact. In addition, its triple-A credit rating helps clients mobilize funds for development. It raises funds through bond issues on the world’s capital markets.The institution is focused on making improvements on areas such as agriculture and food security; education; energy; environment, climate change, and disaster risk management; finance sector development; gender and development; governance and public management; health; information and communications technology; regional cooperation and integration; social development and poverty; transport; urban development; and water.ADB is also a knowledge institution that spreads information through regional fora; a growing online presence; social media channels; and the publication of specialized papers, periodicals, and books.Asian Development Bank is headquartered in Manila, Philippines with 29 resident missions across the Asia and Pacific region, and 3 representative offices in Washington, Frankfurt, and Tokyo.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Indonesia, Vietnam

Investor stats

  • Total investments: 113
  • Round size: Post-IPO Debt $30M–$820M; Debt Financing $14M–$452M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely actively investing — fresh fund, raised $10M in 2026

Portfolio highlights

  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
  • FSM Development Bank — FSM Development Bank offers business, consumer, and home energy loan services.
  • Fosun United Health Insurance — Fosun United Health Insurance provides a wide range of medical insurance, disease insurance, disability income loss insurance, nursing care insurance, and accident coverage. The company is dedicated to providing high-quality products throughout their lifecycle and developing a comprehensive service system to support them.
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OPEC Fund
VC Fund · Vienna, Wien, Austria · 1 investments in Azerbaijan startups, 11 in the past 12 months

The OPEC Fund for International Development is the development finance institution established by the Member States of OPEC in 1976 as a channel of ...

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Grant
  • Geography: Armenia, Vietnam, Uzbekistan

Investor stats

  • Total investments: 26
  • Round size: Post-IPO Debt $25M–$692M; Debt Financing $20M–$570M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • SeA Bank — SeA Bank is a banking institution that provides services like preferential loans, tax service, online transaction solutions and more.
  • Ameriabank — Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. They carve out paths for improvement of your business and lifestyle, via both traditional and alternative, hyper-advanced banking technologies.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
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Azeo Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Azerbaijan startups

As of October 2002, Azeo Ventures was acquired by Alven Capital Gestion. Azeo Ventures is a venture capital investment subsidiary of Eurazeo, a French investment company born of the merger between Eurafrance (Groupe Lazard) and Azeo (formerly known as Financiere & Industrielle Gaz et Eaux). The fund is dedicated to investing in the new economyfor the total amount of $55 million. Azeo Ventures invests in start-up and early venture companies in Internet services, technology and telecommunications. Their typical investment is between $1 million and $7 million per portfolio company (from the 1st round of financing until the introduction to the Stock Exchange). AZEO Ventures team generally requests a seat on the board of directors of the companies in which it invests. Founded in 2000, the company is headquartered in Paris, France. Azeo Ventures was formerly a subsidiary of Eurazeo.

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Investment focus

  • Industry: Software, Marketing, 3D Technology
  • Stage:Series A, Series C
  • Geography: France, Azerbaijan

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 404 Found! — 404 Found offered customer relationship management services and software, and online marketing. The company ended its operations in 2002 in the aftermath of the bubble burst. At its peak, 404 Found! operated in France, Italy, Spain, Germany and the UK.The company helped start ups to define their Internet strategy and operational deployment byconducting sectoral studies, competing positioning, schedule of conditions, etc. In 2001, the consulting division of 404 Found! was acquired by Deloitte & Touche.
  • Realviz SA — REALVIZ develops and markets interactive 2D image processing and 3D modeling tools for computer graphics professionals in the television advertising and programming, feature films, and corporate presentation market. REALVIZ applications enable users to easily and cost-effectively process 2D photos, video and cinematic images into computer-generatedimages, sequences, 3D camera tracks and 3D models for use in the creation of 3D animation and special effects.
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responsAbility Investments AG
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Azerbaijan startups

Impact investment products - fight climate change, drive sustainable food systems & create a more inclusive world without compromising returns.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Series B
  • Geography: India, Indonesia, Singapore

Investor stats

  • Total investments: 78
  • Round size: Series B $1.2M–$46M; Debt Financing $5.6M–$80M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely actively investing — fresh fund, raised $86M in 2026

Portfolio highlights

  • Bike Bazaar — Bike Bazaar is a two-wheeler life cycle company where you can buy, sell, exchange any two-wheeler or avail finance for your vehicle. The company provides a range of affordable solutions and hassle-free experience along the two wheeler lifecycle, which include financing to purchase new and pre owned two wheelers, access to green bikes, insurance,and a transparent marketplace for buying and selling of preowned two wheelers.Bike Bazaar was founded in 2017 and is located in Pune, Maharashtra, India.
  • Battery Smart — India's largest battery swapping network for electric two and three wheelers. Pay-per-use battery-as-a-service via swap stations.
  • Robust International — Robust International the company initially dealt in plantation logs. It has gradually and steadily expanded into the Agribusiness industry while concurrently reducing and eliminating its profile in the timber logs segment.
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Advent Venture Partners
VC Fund · London, England, United Kingdom · 1 investments in Azerbaijan startups

Advent Venture Partners is one of Europe's most successful growth and venture capital investors in market-leading tech and life sciences businesses. They have designed their strategy, teams and funds so they can focus on backing a select few companies. They pride their selves on establishing true partnerships with entrepreneurs in order tobuild valuable businesses together.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series A
  • Geography: United Kingdom, United States, Switzerland

Investor stats

  • Total investments: 91
  • Round size: Series A $6.6M–$26M; Series B $7M–$50M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2019

Portfolio highlights

  • Wiz — Organizations of all sizes and industries use Wiz to rapidly identify and remove the most critical risks in AWS, Azure, GCP, and Kubernetes so they can build faster and more securely.
  • OpenCloud — Our cloud native software solutions dramatically improve operator business models and help quickly create new revenue-generating services.
  • Acutus Medical — Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. The company's platform displays the heart’s true activation pattern, turning the chaos of a complex arrhythmia into a clear vision for electrophysiologists.Acutus Medical is a privately funded company founded in 2011 and based in Carlsbad, California. Itsproducts are co-developed in the U.S. and Europe with an exceptional team of medical scientists, biomedical engineers, and other professionals.It was founded in 2011 and headquartered in Carlsbad, California.
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Activat VC
VC Fund · 1 investments in Azerbaijan startups

Venture Fund

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, Kazakhstan, Uzbekistan

Investor stats

  • Total investments: 28
  • Round size: Seed $250k–$2M; Pre-Seed $80k–$2M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Behype — Behype is a marketplace platform that help the creators to create content, promoting and advertising projects.
  • Aino — AI-powered spatial analytics platform for architecture, urban planning and development teams. Site analysis, GIS-free mapping and location intelligence. 400+ cities covered.
  • MoonAI Inc — MoonAI enables businesses to deploy no-code AI agents—referred to as “AI salespersons”—within one day, with no installation cost. These agents automate lead qualification, escalate warm leads to managers, schedule meetings, and integrate with CRMs, messaging platforms.The solution operates 24/7, supports multiple languages (includingRussian, English, and informal Kazakh), and processes customer interactions in just seconds. It has helped companies double the volume of processed inquiries, reduce response times from minutes to seconds, and even autonomously close a portion of leads—all while reducing sales team workload and improving customer satisfaction.
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Presight
VC Fund · Al Ain, Abu Dhabi, United Arab Emirates · 1 investments in Azerbaijan startups, 7 in the past 12 months

We combine big data analytics and AI expertise to serve multiple sectors, of every scale, to enable lifelong human advancement

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Investment focus

  • Industry: Artificial Intelligence, Software, Analytics
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, Azerbaijan

Investor stats

  • Total investments: 7
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Resync — An Intelligent Energy Cloud Platform for smart cities and systems with distributed energy sources. Resync uses AI based edge computing and machine learning optimisation to aggregate, analyse and optimize energy generation, distribution and consumption.
  • NodeShift — Use Claude, ChatGPT, Gemini, and 100+ other AI models compliantly by anonymizing sensitive data before it ever leaves your org.
  • AlphaGeo — AI-powered geospatial predictive analytics for a volatile world. Enterprise SaaS platform with risk and resilience data to guide future-proof investing.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Carl O'Brien
Angel · 1 investments in Azerbaijan startups

Carl O'Brien

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Private Equity
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grayson Fargo — Grayson Fargo LLC is a new type of investment company. We analyze DeFi industry in detail, to select and invest in the most liquid and growing assets. By diversifying our portfolio, we reduce risks and stabilize yield rate. DeFi is the future of the modern financial and banking system.We effectively manage investor money by investing indecentralized finance technologies: DeFi Pulse Index, DEX (UniSwap, Curve Finance, Balancer), decentralized lending platforms (Maker, Compound, Aave) and the most promising decentralized financial companies.
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Orange DAO
VC Fund · San Francisco, California, United States · 1 investments in Azerbaijan startups, 14 in the past 12 months

A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Software
  • Stage:Pre-Seed, Seed, Private Equity
  • Geography: United States, Singapore, Spain

Investor stats

  • Total investments: 141
  • Lead/follow: no public data

Portfolio highlights

  • Kiki World — KIKI World is at the heart of this evolution, a virtual-led beauty brand at the intersection of gamified commerce.
  • Lumino — Lumino is an AI infrastructure startup whose mission is to enable the power of AI for every human.
  • Nest Wallet — Nest Wallet is a wallet created exclusively for traders, and all wallets are linked across mobile and extension.
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Daimler Investments
VC Fund · 1 investments in Azerbaijan startups

We invest in promising projects.

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Private Equity
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grayson Fargo — Grayson Fargo LLC is a new type of investment company. We analyze DeFi industry in detail, to select and invest in the most liquid and growing assets. By diversifying our portfolio, we reduce risks and stabilize yield rate. DeFi is the future of the modern financial and banking system.We effectively manage investor money by investing indecentralized finance technologies: DeFi Pulse Index, DEX (UniSwap, Curve Finance, Balancer), decentralized lending platforms (Maker, Compound, Aave) and the most promising decentralized financial companies.
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Janine Carter
Angel · Auckland, Auckland, New Zealand · 1 investments in Azerbaijan startups

Janine Carter

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Private Equity
  • Geography: Azerbaijan

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Grayson Fargo — Grayson Fargo LLC is a new type of investment company. We analyze DeFi industry in detail, to select and invest in the most liquid and growing assets. By diversifying our portfolio, we reduce risks and stabilize yield rate. DeFi is the future of the modern financial and banking system.We effectively manage investor money by investing indecentralized finance technologies: DeFi Pulse Index, DEX (UniSwap, Curve Finance, Balancer), decentralized lending platforms (Maker, Compound, Aave) and the most promising decentralized financial companies.
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Black Sea Trade & Development Bank
VC Fund · Thessaloníki, Thessaloniki, Greece · 1 investments in Azerbaijan startups, 6 in the past 12 months

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries in the Black Sea region.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Greece, Ukraine, Turkey

Investor stats

  • Total investments: 56
  • Round size: Post-IPO Debt $5.5M–$339M; Debt Financing $7.1M–$370M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • OKKO Group — OKKO Group operates fuel retail and is expanding into renewable energy generation in Ukraine.
  • Metinvest Group — Metinvest is an international, vertically integrated mining and metals company. The Group comprises mining and metallurgical assets in Ukraine, Europe and the US, complemented by a global sales network. Metinvest manages the complete production chain, from extracting iron ore and coal to manufacturing semi-finished and finished steel products. Withassets close to key railway lines and ports, Metinvest can supply raw materials and steel products anywhere in the world.
  • Econergy Renewable Energy — Econergy to create, own, and manage utility-scale renewable energy projects, guided by in-depth knowledge of the industry, regulations, and technology at each crucial stage, from creation to supply
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Investor funding in Azerbaijan at a glance

Stats across 65 deals from 51 investors.

51
investors
in Azerbaijan startups
65
deals
in Azerbaijan startups
$50k
median round
in Azerbaijan startups
51%
lead investors
lead at least one round
35%
Pre-Seed
most common funding stage
80/20
VC / Angel
share of investor count

Access all 51 investors in Azerbaijan startups.

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