Mammad Karim

About

Mammad Karim is the General Partner and head of Caucasus Ventures, Azerbaijan's first venture capital fund. He is considered a professional expert in working with startups, possessing long-term experience. Karim has played a pivotal role in shaping the legal framework for venture investments. **Caucasus Ventures:** * **Establishment:** Caucasus Ventures was founded in November 2022. * **Capital:** The fund has a financial fund of 11.3 million manats. * **Investment Size:** Their investment ticket size typically ranges from $50,000 to $200,000. * **Investment Stage:** The firm primarily invests in seed and pre-seed rounds. However, Caucasus Ventures also focuses on investing in post-seed growth and Series A startups. * **Geographic Focus:** The fund invests in startups from Azerbaijan, Turkey, Kazakhstan, Georgia, Central Asia, and Eastern Europe. They also consider startups wanting to establish an office or conduct B2B sales in Azerbaijan. * **Investment Strategy:** Caucasus Ventures targets high-potential companies in emerging markets. * **Portfolio:** As of July 2025, Caucasus Ventures has invested in 7 companies. Some notable portfolio companies include: * Platma: A cloud-based platform that uses natural language and existing components to develop applications without coding. * Polygraf: An AI-powered solution. * Push30. * Tass Vision. * Money Industries. * Turan. * Clopos: Restaurant POS system * Gofar: EV ch