INMerge Fund (IVF)

INMerge Venture Fund is a USD 4 million early-stage investment fund established through a partnership between the Innovation and Digital Development Agency, Azerbaijan Investment Company, PASHA Innovation and Türkiye’s DSM Group. The fund was founded within the framework of the INMerge Innovation Summit held in Baku. IVF invests in promising startups across the South Caucasus, Central Asia, Eastern Europe, the Middle East and North Africa. Its investment strategy focuses on technology-driven ventures operating in SaaS, FinTech, artificial intelligence, DeepTech, AgriTech and EdTech, supporting innovative ideas at the early stages of their development.