Fund size is 6.6 million USD, and the expected life cycle is 5-7 years. 

What we look for when we invest in startups:

- Needs to solve a problem
- Certain traction is required
- Domain expertise
- Fully commited team
- Post MVP products, no idea stage
- Strong engineering background
- Project needs to be scalable within specific niche
- Global appetite is a must

Our main focus regions are Caucasus, Turkey, Eastern Europe, Central Asia, but we also invest globally.

Our VC invests in two tickets. In the first round, our initial investment ticket size can vary from $50,000 to $100,000. The follow-on investment can be up to $200,000. 

Soft commitment is a term that describes an investor's intention to invest in a specific project. This shows the project owner that a potential investor is interested in investing in his project but does not guarantee it as it is not a firm commitment.

Of course, there are certain investors, mainly known as Angel Investors who are investing in the early stages and do not require the same financial traction as we do. We like to invest in startups that need the capital to scale quickly, rather than spending it on building the product itself.