Investor Lists

Investors based in Azerbaijan

Updated 7 November 2026

Firms headquartered in Azerbaijan, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Azerbaijan.

See all 40 →The top 25
40investors on the listNo change this week
1cheques in 12 monthsToo few cheques to tell
$100Kmedian round they joined-99% against the market median
3%wrote a cheque in 12 months
0%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (1)

  1. 1Caucasus VenturesDeploying nowVC firm · Azerbaijan1$2.5Mmedian roundApr 2026last seen
  2. 2Infipro IncquietVC firm · Azerbaijan1$100Kmedian roundMar 2013last seen
  3. 3QU TechnoParkquietVC firm · Azerbaijan1$12Kmedian roundMay 2014last seen
  4. 4AIHunknownInstitutional LP · Azerbaijannone observed-median round-last seen
  5. 5Allin FundunknownInvestment firm · Azerbaijannone observed-median round-last seen
  6. 6Azerbaijan Deposit Insurance FundunknownInvestment firm · Azerbaijannone observed-median round-last seen
  7. 7BackupVCunknownVC firm · Azerbaijannone observed-median round-last seen
  8. 8GeneziunknownInvestment firm · Azerbaijannone observed-median round-last seen
  9. 9HBDCunknownPrivate equity · Azerbaijannone observed-median round-last seen
  10. 10Hubble l VENTURE STUDIOunknownVC firm · Azerbaijannone observed-median round-last seen
  11. 11INMerge VenturesunknownVC firm · Azerbaijannone observed-median round-last seen
  12. 12Integrity GroupunknownInvestment firm · Azerbaijannone observed-median round-last seen
  13. 13International Eurasia Press Fund (IEPF)unknownInvestment firm · Azerbaijannone observed-median round-last seen
  14. 14KhazarunknownVC firm · Azerbaijannone observed-median round-last seen
  15. 15Lotfi Zadeh Technology Center (LTC)unknownAccelerator · Azerbaijannone observed-median round-last seen
  16. 16Moonwake Investment LLCunknownPrivate equity · Azerbaijannone observed-median round-last seen
  17. 17NEXT STEP Angel NetworkunknownAngel network · Azerbaijannone observed-median round-last seen
  18. 18NewSpace Business AcceleratorunknownAccelerator · Azerbaijannone observed-median round-last seen
  19. 19Next Step Innovation and Incubation CenterunknownIncubator · Azerbaijannone observed-median round-last seen
  20. 20PASHA CapitalunknownFund of funds · Azerbaijannone observed-median round-last seen
  21. 21PASHA Holding LLCunknownCompany · Azerbaijannone observed-median round-last seen
  22. 22PASHA Investments LLCunknownPrivate equity · Azerbaijannone observed-median round-last seen
  23. 23PASHA Ventures CompanyunknownCompany · Azerbaijannone observed-median round-last seen
  24. 24Plato Capital & Co. Investment Company OJSCunknownInvestment firm · Azerbaijannone observed-median round-last seen
  25. 25Republic Innovation ChallengeunknownInvestment firm · Azerbaijannone observed-median round-last seen
15 more on this list

All 40 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

Quick answers about investors based in Azerbaijan

Who are the most active investors based in Azerbaijan?

By cheques observed, the most active are Caucasus Ventures, Infipro Inc, QU TechnoPark, AIH and Allin Fund.

How many investors based in Azerbaijan are there?

40 are on record. 3% made an investment in the last 12 months.

Which stages do investors based in Azerbaijan back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (100%).

Which sectors do investors based in Azerbaijan back most?

In the last 12 months, mostly AI, E-commerce and Retail.

What have investors based in Azerbaijan invested in recently?

Recent rounds include Replenit (Pre-seed, Apr 2026, with Caucasus Ventures).

How is this list of investors based in Azerbaijan ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Can I see all 40 investors based in Azerbaijan?

The top 25 are here. All 40 are in the app, with filters for stage, sector, market and cheque size. A free account shows 10 per search, Pro up to 1,000.

Built from the rounds we watched, refreshed every night. How we count · Report a correction