Funded Startups in Baki
The six most recent funded rounds in Baki all trace to Baku, Azerbaijan's capital and commercial center.
The six most recent funded rounds in Baki all trace to Baku, Azerbaijan's capital and commercial center. The dataset is defined by one outlier: SOCAR, the state energy company, closed a Series Unknown round at $480M in November 2024 — dwarfing every other entry by several orders of magnitude. The remaining five companies are early-stage, with three Seed rounds (Push30, Perkskit, and Glorri, spanning apps and software) closing between June and December 2023, and two Pre-Seed rounds — MedInternet in health care (February 2024) and Myers Krause in AI (February 2021).
Four of the six rounds carry undisclosed amounts, making SOCAR the only major disclosed deal and Myers Krause's $100K Pre-Seed the only other figure on record. Software and apps account for three of the six companies, and the second half of 2023 represents the densest cluster of activity, with three rounds closing within a six-month window.
Most recent rounds
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Frequently asked
What is the largest disclosed funding round among recently funded Baki startups?
SOCAR's November 2024 round is the largest at $480M, recorded as Series Unknown. It is the only major disclosed figure in the dataset. The only other disclosed amount is Myers Krause's $100K Pre-Seed from February 2021.
How much of the funding data for Baki startups is publicly available?
Only two of the six rounds have disclosed amounts — SOCAR at $480M and Myers Krause at $100K. The remaining four rounds (MedInternet, Push30, Perkskit, and Glorri) are all undisclosed, which is typical of Pre-Seed and Seed deals in this market.
Are most recent funding rounds in Baki early-stage?
Five of the six rounds are Pre-Seed or Seed. Three Seed rounds closed between June and December 2023 — Glorri (June), Perkskit (November), and Push30 (December) — and two Pre-Seed rounds are on record: Myers Krause (February 2021) and MedInternet (February 2024). SOCAR is the only exception with a Series Unknown classification.
Which sectors are represented among recently funded companies in Baki?
The six companies cover energy (SOCAR), health care (MedInternet), apps (Push30), software (Perkskit and Glorri), and AI (Myers Krause). Software is the most represented sector, with two companies. Energy commands the largest single round by a wide margin.
When was the most active period for startup funding in Baki based on this data?
The second half of 2023 saw the highest concentration, with Glorri closing in June, Perkskit in November, and Push30 in December — all Seed rounds. Activity continued into early 2024 with MedInternet's Pre-Seed in February, before SOCAR's large round closed in November 2024.
Which Baki startup represents the AI sector and what stage is it at?
Myers Krause is the only AI-sector company in the dataset, having closed a $100K Pre-Seed in February 2021. It is also the earliest-dated round in the set, predating the 2023–2024 cluster of software and apps deals by roughly two years.
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