Axel - Georgian Business Angel Network

Our mission is to accelerate the development of Georgia’s tech startup ecosystem by facilitating Smart Money investments in the most promising Georgian entrepreneurs.

About us
Axel is a joint initiative by Startup Büro and Kedari Ventures.

Startup Büro is the key supporter of Georgia's startup ecosystem. The Büro works closely with the private and public sectors to design and implement hackathons, business bootcamps, incubation, pre-acceleration and acceleration programs, community meetups, trainings, and conferences, in addition to other skill-building and capacity development programs for entrepreneurs, innovators, and creatives.

Kedari Ventures is a Georgian VC fund established to invest in and to develop startups with scalable business models. Currently, Kedari’s fast growing portfolio includes 15 companies.

Our Team
Sister Networks
We are cooperating with Business Angel Networks from the Baltic and Nordic regions.
Partners and Sponsors
In the framework of the European Union's and the World Bank's joint program “Georgia: Increasing Capacity for Innovation (GICI)”, Axel’s members are participating in a 9-month-long “Learn-by-doing” program to deepen the network’s expertise in key aspects of investing in startups.
Georgia's Innovation and Technology Agency's (GITA) main role is to support high-value added job creation, innovative and tech startup establishment and development, enhancing private sector competitiveness through ICT absorption, innovation integration and promotion of R&D commercialization.

Grant Thornton Georgia, a member of Grant Thornton International, is a multi-professional group of public accountants and auditors, specialist advisers in finance, business and management, as well as tax and legal advisers.

Kudos Georgia is a member of Kudos International Network that unites firms with a strong interest in audit quality and is represented in 40 countries.
As a leading auditing company, Kudos offers a full range of services related to financial review performed in accordance with the established rules of auditing of financial statements.
EBAN is the pan European association for business angels and other early-stage investors uniting over 150 member organizations in more than 50 countries. Since December 2021, Axel is a member of EBAN and part of EBAN's Central & Eastern Europe (CEE) community.
Media Partners
Our Members
Axel brings together over 70 members from Georgia and other European countries.
Here are some of them.
  • Vasil Khodeli
    Former CEO
    Liberty Bank
  • Dimitry Kumsishvili
    Managing Partner
    Kedari Ventures
  • Nino Masurashvili
    Deputy CEO, Chief Risk Officer
    TBC Bank
  • George Simongulashvili
    GEC Consulting
  • Giga Kerkadze
    Former General Manager
    Glovo Georgia
  • Ekaterine Malazonia
    Lead Expert
    IPC - Internationale Projekt Consult
  • George Arveladze
    Moped Depot
  • Gigi Ghlonti
    Founder & CEO
  • Irakli Mirzikashvili
  • Erekle Zurmukhtashvili
  • Paata Shurghaia
    Co-Managing Partner
    Grant Thornton Georgia
  • Giorgi Samkharadze
    Partner, Audit Quality
    Nexia TA
  • David Khosroshvili
    Co-founder & CEO
  • Nodo Ivanidze
    Co-founder & CEO
  • Vako Gegidze
    Gegidze CA
  • Dimitri Dekanozishvili
    Head of Strategy & Operations
  • Giorgi Lominadze
    Co-founder & CEO
  • Nasser Oudjidane
    Co-founder & CEO
  • Anton Nikitin
    Real Estate & Angel Investments
  • Maia Verdzadze
    Hill Inn Luxury Camping

Become a member
Let us know if you're interested in joining Axel, and we'll get back to you.