FundedIQ

Recently Funded Startups in Baku

Updated Sep 2026

Funded startups in Baku number 7 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Baku, along with the 7 most recently funded startups there.

The median disclosed round is $240M, with the middle half of rounds falling between $120M and $360M. Software, Apps and Artificial Intelligence hold the most companies by sector. Startups in Baku closed 2 funding rounds over the last 24 months, 1 of them in the last 12 months, and raised $481M in disclosed capital.

Software and Apps dominate the mix, though AI and Energy presence adds technical depth. Seed stage activity defines the group. Small teams are the norm. Filtering for Software reveals the core of the segment, while Gaming entries provide a niche contrast. This composition favors those targeting early stage ventures with lean operations.

Baku funded startup statistics

Funded startups in Baku
7
tracked in the database
Funding rounds, last 12 months
1
2 over 24 months
Disclosed capital raised, 24 months
$481M
2 of 2 rounds disclosed an amount
Median round size
$240M
middle half $120M to $360M

Most recent funding round on record: Oct 2025.

7 most recently funded startups in Baku

7 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

P
Baku, Azerbaijan · Gaming, Virtual Reality
PolyDream Studio is a game studio that develops VR, Console, and PC Games.
Seed ·
$500k
S
Baku, Azerbaijan · Energy
The State Oil Company of Azerbaijan Republic (SOCAR) is the state-owned oil and natural gas corporation…
Series Unknown ·
$480M
M
MedInternet
Baku, Azerbaijan · Health Care
MedInternet is a digital health information project with a multi-step algorithm mirroring real medical…
Pre-Seed ·
Undisclosed
P
Push30
Baku, Azerbaijan · Apps
Push30 is a mobile fitness app that offers corporate perks to its users, granting them unrestricted entry to…
Seed ·
Undisclosed
P
Perkskit
Baku, Azerbaijan · Software
We believe now it is a great opportunity to transform the corporate benefits system and to help employees…
Seed ·
Undisclosed
G
Glorri
Baku, Azerbaijan · Software
Glorri covers the complete recruitment process, from start to finish. Say goodbye to cumbersome spreadsheets,…
Seed ·
Undisclosed
M
Baku, Azerbaijan · Artificial Intelligence (AI)
Myers Krause is an IT Marketing company that offers full cycle marketing, marketing cost optimization, market…
Pre-Seed ·
$100k

Industries with the most funded startups in Baku

Sector counts across all 7 tracked companies in Baku. A company assigned more than one industry is counted in each.

Industry
Funded startups

About the FundedIQ Baku startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 7 funded startups in Baku currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (0 of 2 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Baku is dated Oct 2025.

The table above shows the 7 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Baku?

FundedIQ tracks 7 funded startups in Baku. This page lists the 7 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Baku raised?

Startups in Baku tracked by FundedIQ have raised $481M in disclosed capital across 2 funding rounds over the last 24 months, including 1 rounds in the last 12 months. 2 of those 2 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Baku?

Software has the most, with 2 companies, followed by Apps (1), Artificial Intelligence (1) and Energy (1). Sector counts include every company assigned that industry, and a company can carry more than one.

What is a typical funding round size for startups in Baku?

The median disclosed round over the last 24 months is $240M, and the middle half of rounds fall between $120M and $360M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Baku startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Baku is dated Oct 2025. Counts and totals on this page are recomputed on every refresh.

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