Azerbaijan's first venture fund Caucasus Ventures has invested in three more startups. The fund's current investments are in foreign startups. So, one of the 3 startups is based in Ukraine, one in Turkey (Netherlands) and one in America. Caucasus Ventures invested in startups PLATMA, Inversion Art, Agcurate.
Among the invested startups, the co-founders of the Agcurate startup are our compatriots Metin Amrullahi and Osman Baytaroglu. Agcurate, an agribusiness intelligence platform, uses satellite imagery and machine learning algorithms to observe agricultural fields throughout the year and detect crop yields and crop yields. The platform provides this information in various details such as district, state, country and in an easy to understand manner.
PLATMA is a Ukrainian startup. Startup is an Extreme No-Code Development software that offers a simple English coding system and ready-made templates, allowing you to get results in seconds.
Inversion Art combines an investment accelerator program with an artist services agency to give artists the knowledge, connections and operational support they need to focus on creating their greatest work. The startup is based in Los Angeles.
With these investments, the number of startups in the Caucasus Ventures portfolio has increased to 18. Also, the total investment amount of the fund exceeded 1 million manats.