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Since 2021, Axian Group has backed 7 African startups across 9 disclosed funding rounds totaling $37.7M, most heavily in Fintech.
AXIAN Group is a pan-African conglomerate headquartered in Antananarivo, Madagascar. Its investment activities are organized under AXIAN Investment, which manages private equity and venture capital fund investments and makes direct investments in African technology startups through its corporate venture capital arm. The supplied investment records show activity from seed through venture and Series A rounds, with investments across fintech, health tech, cybersecurity, AI and analytics, and agri tech. The recorded portfolio spans Morocco, Cameroon, Egypt, Côte d’Ivoire, Tanzania, and Kenya, with Morocco appearing most often.
Data updated · Sep 30, 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).
Companies Axian Group has backed operate in Cameroon (3), Côte d'Ivoire (3), Morocco (3), and 17 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 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).
The supplied records name Nucleon Security, Paytic, WideBot AI, HUB2, Dawa Mkononi, Waspito, and Pula. The listed companies work across cybersecurity, fintech, AI and analytics, health tech, and agri tech.
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