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Technovate

Technovate

Overview

Technovate is a global venture studio and early-stage investment vehicle focused on technology startups in developing countries, particularly Azerbaijan, Georgia, and Central Asia.

Year Founded

2020

Portfolio Companies

1

Investments

Technovate investments
CompanyDateStageLead
Elven TechnologiesMay 2023Pre SeedCo-investor

Key People

Farid Ismayilzada

Founder and President

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is Technovate based?

Technovate is headquartered in Baku, Azerbaijan.

When was Technovate founded?

Technovate was founded in 2020.

How many portfolio companies does Technovate have?

Technovate has 1 portfolio company in Caplight's dataset.

What are some companies in Technovate's portfolio?

Portfolio companies visible on Caplight include Elven Technologies.

What was Technovate's most recent investment shown here?

Technovate's most recent investment in this portfolio sample was in Elven Technologies in 2023.

What sectors does Technovate focus on?

Technovate focuses on Frontier & Industrial Tech, Energy & Sustainability.

What company stages does Technovate focus on?

Technovate typically invests at the Early stage.

Firmographic Details

HeadquartersBaku
Year Founded2020

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