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Venture studio · Baku, Azerbaijan

We buildcompanies.

Naqqash Ventures is a venture studio building independent companies from ideas, teams and capital.

The path every venture takes

  1. 01
    Idea
  2. 02
    Team
  3. 03
    Build
  4. 04
    Grow
  5. 05
    Capital
  6. 06
    Independence

The studio

We don't just invest in companies.
We build them.

We start before the company exists.

We identify opportunities, test ideas, bring together the people needed to build them, and provide the environment required to move from zero to traction.

When a venture proves itself, we help it become independent.

The venture building system

From opportunity to independence.

  1. 01

    Discover

    Find a problem worth solving.

  2. 02

    Validate

    Test whether the opportunity deserves resources.

  3. 03

    Assemble

    Bring together the people needed to build it.

  4. 04

    Build

    Create the product and put it into the market.

  5. 05

    Grow

    Find customers, revenue and repeatability.

  6. 06

    Back

    Bring in additional capital when the evidence supports it.

  7. 07

    Independence

    Build an independent company, team and identity.

Independent teams

The goal isn't to build a bigger Naqqash.
The goal is to build independent companies.

Every venture needs people who can own it.

We build small, focused teams around individual opportunities and give them the autonomy to turn those opportunities into companies.

Small teams. Real ownership.

Diagram: Naqqash starts three ventures. Each venture has its own team and product, and each becomes an independent company.

Inside the studio

Ventures in motion.

We build in the open where we can. Each venture is shown here once it is ready to be public. A stage is shown only when it is confirmed.

Follow the studio journal →
  • Söz layihəsi

    Dilimizin dijitallaşma dövründə qarşılaşdığı çətinlikləri aradan qaldırmaq məqsədilə qurulan startap layihəsi. Layihənin əsasında söz bazası dayanır.

How we describe a venture's stage

Early build
The first version is being made.
Validating
We are testing whether it deserves more.
Growing
Customers and revenue are being found.
Raising
Outside capital is being brought in.
Independent
It stands on its own.

Capital

Capital follows evidence.

We support ventures through the earliest stages and work with aligned investors and strategic partners as opportunities mature.

  1. Studio support01
  2. Early validation02
  3. Traction03
  4. External capital04
  5. Scale05
  6. Independence06

Focus areas

Where we build.

  • B2B and corporate solutions
  • Social impact projects
  • Artificial intelligence and DeepTech
  • Games, VR and 3D
  • EdTech and FinTech
  • E-commerce

Apply

Build something that can become its own company.

We're looking for builders, operators, founders and people with ideas worth exploring.