🚗⚡🇦🇿 Investment Announcement

We’re excited to announce our investment in GOFAR a local startup building a smarter and more sustainable future for electric mobility in Azerbaijan.

GOFAR enables electric vehicle drivers to charge their cars seamlessly across a growing network of locations — tackling one of the key infrastructure gaps in EV adoption. Their vision aligns closely with our own: accelerating innovation that has a measurable, long-term impact on people, cities, and the planet.

With this investment, we’re proud to increase our ESG-aligned portfolio to 25%, reaffirming our commitment of 20% during hashtag#COP29 to backing solutions that contribute to environmental responsibility and smarter urban infrastructure.

At Caucasus Ventures, we remain deeply loyal to our mission of supporting ambitious founders from the region. As the ecosystem evolves, we will continue to stand behind startups that not only generate economic value but also help drive systemic, sustainable change.

This is just one step on our journey — and we’re looking forward to sharing more good news soon.