Azerbaijan's first venture capital fund "Caucasus Ventures" was presented. The fund, which is of great importance for the development of the innovation ecosystem, was created with the participation of the Innovation and Digital Development Agency, "PASHA Holding" Group of Companies and individual investors. In the coming years, the fund will invest in the development of startups both in Azerbaijan and in neighboring countries. "Caucasus Ventures" has a financial fund of 11.3 million manats. The head of "Caucasus Ventures" fund is Mammad Karim. With long-term experience, Mr. Mammad is a professional expert in working with start-ups. In his statement to Tech.az Media, Mr. Mammad informed about the future plans of the fund.