The Tech and Caucasus Ventures signed a memorandum on strategic cooperation

The Tech and the Azerbaijani venture fund Caucasus Ventures signed a Memorandum of Understanding in Baku. On behalf of Caucasus Ventures, Associate Samir Hajibeyli participated in the signing; on behalf of The Tech, Zarina Uspanova, Director of Development at WE Media Group, took part. The agreement aims to develop cooperation between the technological ecosystems of Azerbaijan and Central Asia, support startups and technology companies, and facilitate their entry into new markets.

Caucasus Ventures is a venture fund from Azerbaijan that supports technology companies and founders associated with Azerbaijan and the Caucasus region. The company runs the Gate994 program, which helps Azerbaijani technology professionals and founders gain access to international opportunities, capital, clients, mentorship, and foreign markets, while also supporting the international technology diaspora.

Under the agreement, the parties agreed to support technology professionals and founders, exchange information about international opportunities, hold joint events, and strengthen ties with the Azerbaijani technology diaspora in Central Asia.

The Tech is a media outlet covering venture investments, startups, and technology entrepreneurship in Central Asia and the Caucasus.

The signing of the memorandum marks a new stage in cooperation between the technology communities of Azerbaijan and Central Asia. The parties intend to develop joint initiatives that will help startups and technology companies discover new opportunities for international growth, establish partnerships, and enter the markets of both regions.