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Since 2022, AXIAN has backed 7 African startups across 8 disclosed funding rounds totaling $29.7M, most heavily in HR & Talent.
AXIAN Investment is the investment arm of AXIAN Group, a pan African conglomerate active in telecoms, energy, financial services, and real estate. According to the group’s official materials, AXIAN Investment pursues a long term strategy focused on building a resilient and diversified portfolio that aligns with AXIAN’s vision of positive impact and shared value creation. AXIAN Group is headquartered in Antananarivo, Madagascar, with its corporate office located at Siege AXIAN Group Kube D, Zone Galaxy, Andraharo. In line with its mandate to support innovation and technology driven businesses on the African continent, AXIAN Investment backs entrepreneurs and companies that can sustainably transform key industries. Its portfolio spans multiple asset classes and stages, including seed, Series A, venture, and private equity investments. Based on available investment data, AXIAN has participated in eight funding rounds between November 2022 and September 2025, investing approximately 29.7 million dollars across startups in Côte d’Ivoire, Algeria, Egypt, Morocco, and Cameroon. These investments include sectors such as HR and talent, health tech, cybersecurity, insurtech, logistics and supply chain, and fintech. Within this activity, AXIAN has backed companies such as Nucleon Security, WiASSUR, Workpay, i’SUPPLY, Bosta, Waspito, and Djamo, supporting solutions that range from AI powered endpoint protection and digital insurance comparison to multi country payroll, health care marketplaces, e commerce logistics, telemedicine, and mobile money management. AXIAN Investment’s approach combines the pursuit of financial returns with measurable impact and the empowerment of visionary African entrepreneurs who are building the next generation of technology led businesses on the continent.
Data updated · Aug 31, 2026
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AXIAN has backed 7 African startups across 8 disclosed funding rounds tracked on Liners, totaling $29.7M since 2022.
Mostly Seed: 4 of its 8 tracked rounds are at that stage, followed by Venture (Round not Specified) (2).
Companies AXIAN has backed operate in Côte d'Ivoire (3), Ghana (3), Egypt (2), and 6 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward HR & Talent (2), Health Tech (2), Cybersecurity (1), and 3 more sectors.
AXIAN most often shares rounds with Saviu Ventures (3 shared deals), Acadian Ventures (2 shared deals), P1 Ventures (2 shared deals).
AXIAN Investment is the investment arm of AXIAN Group, a pan African conglomerate active in telecoms, energy, financial services, and real estate. Official information from AXIAN states that AXIAN Investment focuses on long term investments in funds and venture capital supporting young technology companies on the African continent. The group is headquartered in Antananarivo, Madagascar.
AXIAN Investment has backed a number of notable African technology companies. These include Nucleon Security, WiASSUR, Workpay, i’SUPPLY, Bosta, Waspito, and Djamo. The investments span use cases such as AI powered cybersecurity, digital insurance comparison, multi country payroll, health care marketplaces, e commerce logistics, telemedicine, and mobile money management.