STATUS: ONGOING

"Azerbaijan Business Development Fund" OJSC invested in the Israeli "C2A Security" start-up project within the framework of cooperation with Israel's OurCrowd Fund.

This project focuses on the development of a cyber security platform that provides reliable security solutions to protect internal systems in electric vehicles from cyber-attacks.

C2A Security aims to minimize cyber risks in this area by providing innovative and modern approaches to increase the security of electric vehicles. This investment is important in terms of modernization of Azerbaijan's automobile industry and strengthening of international cooperation in the field of cyber security.

Total cost of the project: USD 32.8 million

ABDF’s share: USD 670 thousand

Number of workplaces: 50

Investment year: 2023