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Farid Ismayilzada

Farid Ismayilzada

Founder, investor and venture studio leader

Sacramento, United States
theorg+1
Joined March 2026
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Summary

Serial founder and fintech pioneer from Azerbaijan who built and scaled online payments platforms. eu4business+1
Operates a venture studio (Technovate) that builds, invests in and supports early-stage technology startups across Azerbaijan, Georgia, Central Asia and the United States. technovateinvestments+1
Investor and CEO focused on commercializing advanced fireproof composite materials and related technology (Elven Technologies), with patent activity supporting product development. elventech+1
Active in ecosystem-building and angel investing: founded / led SABAH Angels-related initiatives and runs investor education programs to grow angel investor capacity in the region. angelinvestor+1
Maintains a cross-border footprint, operating from Sacramento while engaging with startup ecosystems in the Caucasus and Central Asia. theorg+1

Work

Education

Projects

Writing

Flameproof material for wearables, personal protective equipment, lithium-ion battery flame protection, and general flame protection (WO2024072717A1)

April 1, 2024

International patent application describing layered flameproof composite materials (combinations of oxidized PAN fiber, P-aramid fiber, FR-rayon, silica aerogel and fibrous glass) for use in wearables, PPE, lithium-ion battery protection and related applications. Farid Ismayilzada is listed as an inventor and Elven Technologies Inc is the assignee.

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Author archive and articles by Farid Ismayilzada (Entrepreneur Europe)

Author page and articles (including commentary on entrepreneurship and building tech businesses in developing countries) authored by Farid Ismayilzada.

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