Caucasus Ventures
Caucasus Ventures is Azerbaijan's first venture capital fund, established in November 2022 and based in Baku. With an authorized capital of 11.3 million AZN, the fund aims to foster a joint innovation ecosystem by collaborating with the Innovation and Digital Development Agency, PASHA Holding, private investors, and individual entrepreneurs. It focuses on early-stage investments, particularly targeting tech entrepreneurs with a five-year investment horizon. The fund invests in post-seed growth and Series A startups, with initial ticket sizes ranging from 50,000 to 200,000 AZN. It primarily ta
Investing activity
Caucasus Ventures appears in 2 AI deals tracked by the AI Lounge deals desk. The rounds are mostly Pre-seed, with a median round size of $3M. The most recent are MagicPort (Pre-seed, $3M, Jul 2026) and Replenit (Pre-seed, €2.1M, Apr 2026).
Caucasus Ventures most often invests alongside Hustle Fund, Sturgeon Capital, INMerge Ventures and Scorpa Pranedya, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Caucasus Ventures
What AI companies has Caucasus Ventures invested in?
Caucasus Ventures's AI investments include MagicPort and Replenit. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Caucasus Ventures based?
Caucasus Ventures is based in Baku, Azerbaijan.
What stage does Caucasus Ventures invest at?
In the rounds tracked on AI Lounge, Caucasus Ventures has invested at Pre-seed, with a median round of $3M.
Who does Caucasus Ventures co-invest with?
Caucasus Ventures's most frequent co-investors on AI Lounge are Hustle Fund (1 deal), Sturgeon Capital (1 deal), INMerge Ventures (1 deal), Scorpa Pranedya (1 deal) and Everywhere Ventures (1 deal).
How can founders reach Caucasus Ventures?
Founders on AI Lounge can see Caucasus Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Caucasus Ventures to their Investor Pipeline to track the conversation.