Business
Launch of First Ever VC Fund Between Central Asia and MENA and Largest Azerbaijan HQ-ed VC Fund - $25 Million SABAH.fund to Empower Startups
SABAH.HUB proudly celebrates the launch of SABAH.fund, a $25 million venture capital fund dedicated to accelerating the growth of early-stage startups created by founders from or with operations in the South Caucasus, Central Asia, and MENA regions.
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Baku, Azerbaijan - September 6, 2024 —
SABAH.HUB proudly celebrates the launch of SABAH.fund, a $25 million venture capital fund dedicated to accelerating the growth of early-stage startups created by founders from or with operations in the South Caucasus, Central Asia, and MENA regions. SABAH.fund is the first ever VC fund between the Central Asian and MENA regions and is the largest Azerbaijan headquartered VC fund already, having successfully achieved their first close of $11 million. Led by co-founding General Partners Rahim Bayramli and Abbas Kazmi, prominent LP investors in SABAH.fund include SOCAR, AIC, Moonwake Investment, Integrity Group, and others.