CVC Executive Arm
Strategic corporate investment and management of the holding's technology portfolio.
MoreAs the executive arm and specialized broker of Ahdaf Holding's innovation ecosystem, Novaco leads technological transformation across the group's subsidiaries. We manage the full innovation chain — from precisely identifying industrial pain points and needs to transferring advanced technologies and localizing credible licenses.
Making Ahdaf Holding a model of innovation in Iran's petro-refining industry by systematically connecting its subsidiaries to the country's knowledge-based and technological ecosystem.
A smart innovation hub for Iran's industry — a leading broker that secures financing, accelerates strategic projects, grows technological standing and diversifies the holding's investment portfolio.
Problem-first thinking, accountability, co-creation with the ecosystem, and continuous learning. These four principles shape our culture and professional approach.
Start from a real need, not an available technology.
A commitment to measurable results.
Projects advance together with the ecosystem.
Monitor, get feedback, refine.
Novaco is an independent yet specialized company that centrally delivers innovation services to the subsidiaries.
From capital brokerage to AI operations — Novaco delivers distinct yet complementary missions within one integrated structure.
Strategic corporate investment and management of the holding's technology portfolio.
MoreA smart hub steering innovation across the holding and its subsidiaries.
MoreLeading AI infrastructure, data and applications across the holding.
MoreIntegrating and directing the subsidiaries' research and development units.
MorePurposeful connections with knowledge-based firms, startups and university cores.
MoreInnovation activities began at the holding's staff level.
A technology-localization project at Shazand Petrochemical.
A financial arm established for strategic investment.
The staff unit became an independent company.
A formal platform to manage technology needs.
Novaco became the holding's AI operator.
Expanded to 28 subsidiaries.
A technology-development horizon to 2029.
A blend of industrial experience, specialized education and an interdisciplinary outlook.
Direct access to 28 leading petro-refining companies.
From in-house CVC to innovation funds and crowdfunding.
Deep experience with Articles 11 and 13 and first-build projects.
Connections with 92+ knowledge-based firms and 16 universities.
A standard process from need identification to commercialization.
Experience transferring technology from global partners.
3 min · May 2, 2025
Our specialist team is by your side - from identifying the need to technology transfer and commercialization.