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Since 2021, Axian Group has backed 7 African startups across 9 disclosed funding rounds totaling $37.7M, most heavily in Morocco and Fintech.
AXIAN Group is a pan-African group based in Madagascar with activities across telecom, energy, fintech, real estate, and financial services. Its official materials describe AXIAN Investment as the group’s investment arm, combining fund investments with venture capital investments in young technology companies on the continent. In Africa, AXIAN Investment says it pursues a long-term investment strategy focused on supporting innovation and building a resilient, diversified portfolio. The investor data provided shows activity from January 2021 through September 2025 across nine rounds, mainly at Seed, Pre-Series A, Series A, and Venture stages. Recorded sectors include fintech, health tech, cybersecurity, AI and analytics, and agri tech, with geographic activity in Morocco, Cameroon, Egypt, Côte d’Ivoire, Tanzania, and Kenya.
Data updated · Aug 21, 2026
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Axian Group has backed 7 African startups across 9 disclosed funding rounds tracked on Liners, totaling $37.7M since 2021.
Mostly Seed: 4 of its 9 tracked rounds are at that stage, followed by Pre-Series A (2).
Its tracked rounds lean toward Fintech (3), Health Tech (3), Cybersecurity (1), and 2 more sectors.
Axian Group most often shares rounds with CDG (2 shared deals), LoftyInc Capital Management (2 shared deals), AfricInvest (2 shared deals).
AXIAN Group’s investment activity is carried out through AXIAN Investment, which its official materials describe as covering fund investments and venture capital investments in young technology companies on the continent.
Companies in the recorded Africa portfolio include Nucleon Security, Paytic, WideBot AI, HUB2, Dawa Mkononi, Waspito, and Pula. These deals span software, payments, digital health, and agricultural risk technology.