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Top 25 VC Funds & Investors in Azerbaijan (August 2026)

The most active venture capital funds 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
8 Azerbaijan Seed Internet, Social, Apps $5k–$12k
Caucasus Ventures
VC Fund
3 United States, Georgia, Azerbaijan Seed, Pre-Seed, Series B Artificial Intelligence, Software, Financial Services $50k–$2.5M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5M–$320M
SABAH INVESTMENTS LLC
VC Fund
2 Azerbaijan Pre-Seed
Backup Ventures
VC Fund
2 Azerbaijan Seed, Pre-Seed Internet, Software, Digital Marketing
Advent Venture Partners
VC Fund
1 United Kingdom, United States, Switzerland Series B, Series A Biotechnology, Health Care, Software $6.6M–$50M
DAAL
VC Fund
1 Egypt, Tunisia, United Arab Emirates Seed, Series A, Convertible Note Software, E-Commerce, Information Technology $100k–$5M
UNEC Startup Incubator
VC Fund
1 Azerbaijan, United States Pre-Seed B2B, SaaS, Health Care $2k–$2k
Activat VC
VC Fund
1 United States, Kazakhstan, Uzbekistan Seed, Pre-Seed Software, SaaS, Artificial Intelligence $80k–$2M
OPEC Fund
VC Fund
1 Armenia, Vietnam, Uzbekistan Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $20M–$692M
The International Islamic Trade Finance Corporation
VC Fund
1 Uzbekistan, Turkey, Nigeria Debt Financing Banking, Financial Services, Finance $12M–$100M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
Daimler Investments
VC Fund
1 Azerbaijan Private Equity Banking, FinTech, Finance
IT PARK Ventures
VC Fund
1 United States, Azerbaijan, Uzbekistan Seed, Venture - Series Unknown, Grant Software, SaaS, FinTech $150k–$4M
Asian Development Bank
VC Fund
1 India, Indonesia, Vietnam Debt Financing, Post-IPO Debt Financial Services, Energy, Finance $15M–$820M
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
responsAbility Investments AG
VC Fund
1 India, Indonesia, Singapore Debt Financing, Series B Financial Services, Finance, FinTech $1.2M–$80M
Allegory Labs
VC Fund
1 United States, United Kingdom, Estonia Pre-Seed, Seed, Series A Blockchain, Cryptocurrency, Energy $400k–$4.2M
Enabling Qapital
VC Fund
1 India, Uganda, Azerbaijan Debt Financing, Venture - Series Unknown Financial Services, Banking, Finance $4.9M–$267M
Presight
VC Fund
1 United States, Singapore, Azerbaijan Seed, Venture - Series Unknown Artificial Intelligence, Software, Analytics
Azeo Ventures
VC Fund
1 France, Azerbaijan Series A, Series C Software, Marketing, 3D Technology
BlueOrchard Finance S A
VC Fund
1 India, Nigeria, Vietnam Debt Financing, Series A, Post-IPO Debt Financial Services, Finance, FinTech $3.1M–$220M
ICD-PS
VC Fund
1 Turkey, Uganda, Uzbekistan Debt Financing Financial Services, Banking, Credit $10M–$145M
AloqaVentures
VC Fund
1 Tajikistan, Uzbekistan Seed, Pre-Seed SaaS, FinTech, Artificial Intelligence
Access all 38 VC funds in Azerbaijan startups.

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

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Investor list

Sup VC
VC Fund · 8 investments in Azerbaijan startups

Investment focus

  • Industry: Internet, Social, Apps
  • Stage:Seed
  • Geography: Azerbaijan

Investor stats

  • Total investments: 9
  • Round size: Seed $5k–$12k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
  • TaskPal — Taskpal is a task management tool
  • Customar LLC — CustomAR is a professional team with a straight vision and innovative touch, deeply-rooted in the digital community. They go beyond the development process to ensure product success. They help their clients to market, scale and improve their product ideas. They are technological craftsmen.
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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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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: 472
  • Round size: Post-IPO Debt $17M–$320M; Debt Financing $5M–$211M; Private Equity $11M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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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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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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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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DAAL
VC Fund · Al Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Azerbaijan startups

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Egypt, Tunisia, United Arab Emirates

Investor stats

  • Total investments: 19
  • Round size: Seed $100k–$5M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Pulppo — Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).
  • Kamioun — Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory.
  • Paper.id — Atur tempo pembayaran bisnis serta kirim & terima pembayaran dengan kartu kredit, invoice juga langsung sah dengan e-Meterai. Coba Sekarang!
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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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Activat VC
VC Fund · 1 investments in Azerbaijan startups

Venture Fund

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $250k–$2M; Pre-Seed $80k–$2M
  • Lead/follow: 8% lead, 92% 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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OPEC Fund
VC Fund · Vienna, Wien, Austria · 1 investments in Azerbaijan startups, 10 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
  • Geography: Armenia, Vietnam, Uzbekistan

Investor stats

  • Total investments: 24
  • Round size: Post-IPO Debt $25M–$692M; Debt Financing $20M–$460M
  • 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.
  • 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.
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Access 48,091 investors

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

Browse database — It's Free!
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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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: 72
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$137M; Venture - Series Unknown $2.1M–$15M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • 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.
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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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IT PARK Ventures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Azerbaijan startups, 6 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: 8
  • Round size: Seed $150k–$4M
  • Lead/follow: 63% lead, 37% 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
  • Ayan — At Ayan, we offer Halal, ethical and transparent car financing solutions across the UKOur financing model is built on fairness and clarity. No interest, no hidden costs, and no confusing terms- just Shariah-compliant finance tailored to real needs. We’re committed to supporting individuals and businesses with solutions that align with theirprinciples.As we continue to grow across the UK, our mission remains simple: to provide accessible, ethical financial options that help our customers secure the vehicles they need- while staying true to their values.Credit is subject to status and affordability checks.Ayan Capital 1 Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 1021505)
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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: 109
  • Round size: Post-IPO Debt $30M–$820M; Debt Financing $15M–$450M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Serentica Renewables — Serentica Renewables is an end-to-end energy management solution company enabling large scale energy intensive industries to make a clean energy transition.
  • 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.
  • HDBank — HDBank was established in 1990, is one of the first joint-stock commercial banks in the country. Over 30 years of operation, HDBank is now one of the leading banks in Vietnam and is expanding internationally.HDBank has strong financial potential and modern technology, providing a wide range of financial and banking services to individuals,businesses, and investors.
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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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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

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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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: 76
  • Round size: Series B $1.2M–$46M; Debt Financing $5.6M–$80M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2023

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 — Battery Smart provides advanced Li-ion batteries to e-rickshaws. Battery Smart develops a retrofittable 48V Li-ion twin battery system that is compatible with all major electric rickshaw (e3w) models.
  • Fourth Partner Energy — Top renewable energy company in India offering solar, wind, and hybrid solutions for commercial & industrial sectors.
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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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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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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 — NodeShift is a cloud service provider that enables companies to create and run safe applications on a budget.
  • 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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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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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: 49
  • Round size: Series A $6.7M–$46M; Post-IPO Debt $5M–$220M; Debt Financing $3.1M–$38M
  • Lead/follow: 71% lead, 29% 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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ICD-PS
VC Fund · Jeddah, Makkah, Saudi Arabia · 1 investments in Azerbaijan startups, 6 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, Credit
  • Stage:Debt Financing
  • Geography: Turkey, Uganda, Uzbekistan

Investor stats

  • Total investments: 10
  • Round size: Debt Financing $10M–$145M
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Anorbank — ANORBANK is a digital banking institution based in Uzbekistan, offering a wide range of financial services tailored to both individual and corporate clients. Established in 2020, ANORBANK employs around 90 professionals dedicated to providing innovative banking solutions. The bank's services include but are not limited to, digital bankingthrough its mobile app, financial consulting, and various loan options. ANORBANK also emphasizes the importance of customer feedback in enhancing its services, as evidenced by its active engagement in customer surveys and its commitment to using client input to drive improvements. With a focus on digital innovation, ANORBANK aims to make banking more accessible and convenient for its users in Uzbekistan.
  • 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.
  • 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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AloqaVentures
VC Fund · Tashkent, NA - Uzbekistan, Uzbekistan · 1 investments in Azerbaijan startups

AloqaVentures is corporate venture fund of Aloqabank that invests in pre-seed and seed stage startups

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Investment focus

  • Industry: SaaS, FinTech, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Tajikistan, Uzbekistan

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • 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.
  • Delever — Delever is an automation platform for delivery that assists businesses of various sizes in efficiently managing resources, scaling up, establishing quality communications with customers, increasing profits, and delivering orders as quickly as possible right to the doors of their consumers.
  • Unitlab — Accelerate your data annotation process by 15x faster with auto-annotation tools and improve quality through collaborative annotation. Unitlab Annotate is a collaborative and AI-powered data annotation platform, offering on-premises solutions and integrated labeling services.
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VC funding in Azerbaijan at a glance

Stats across 59 deals from 38 investors.

38
investors
in Azerbaijan startups
59
deals
in Azerbaijan startups
$60k
median round
in Azerbaijan startups
61%
lead investors
lead at least one round
32%
Pre-Seed
most common funding stage

Access all 38 VC funds in Azerbaijan startups.

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VC (Venture Capital) Funds in Azerbaijan by industry