For Startups

Access to early-stage financing for tech startups

Explore investment opportunities: discover our criteria and the valuable financing opportunities available to entrepreneurs through Axel.

Apply to pitch

Access to early-stage financing for tech startups

Explore investment opportunities: discover our criteria and the valuable financing opportunities available to entrepreneurs through Axel.

Apply to pitch

For startups, Axel is the bridge to securing vital funding and the support needed to grow. Through partnerships with EBAN, GBAN and Sister Business Angel Networks from all over the world, we offer international cross-border investment opportunities. We require founders to undergo pre-screening, screening, and pitching stages before presenting their startups for investment.

Our Members

Axel unites up to 100 members Angel Investors from Georgia and other European countries.

Check our members' list

Startup selection process

Here are the key criteria that we prioritise when evaluating startups to pitch to our members:

Team Strength

We evaluate the expertise, experience, and motivation of the startup's founding team and other team members, considering their capability to execute the strategy effectively and overcome challenges.
Market opportunity

We carefully access the startup's vision to determine its potential for global markets. We also look for founders with a strong commitment to international success – are they truly determined to make it big globally? Does the global market need them?
Tech & innovation

We consider whether the technology can adapt and grow as the market evolves. We assess how innovative the startup's technology or approach is. Does it use new and/or exciting ways to solve problems?

Startup Journey at Axel

We close deals in just 3–4 weeks, ensuring swift investment decisions and a streamlined, easy process for startups.

Apply via
Dealum

Application
evaluation

Pre-screening

Screening

Pitching to
member
investors

Q&A meeting
and due
diligence

Collecting investors'
interests

Achieving min.
ticket size of 25k

Signing the
contract

Transferring
amount

Maintaining
continuous support

Our portfolio

DataMind

Datamind will help you with your data transformation with their top-quality enterprise solutions.
Company enables smarter, faster, automated decision-making across all company processes: automatic reporting, BI analysis, and data UniStream.

QuickShipper

QuickShipper is a SaaS platform that helps businesses manage and boost their deliveries of orders from various channels more efficiently through: route planning, order batching, automated dispatching, transparent communication, and BI.

TelAgri

TelAgri is the marketplace where farmers connect with top specialists for online consultations.
With TelAgri, one can get consultations from top specialists or consult and earn additional
income.

CrystalMuse

CrystalMuse uses AI and blockchain to simplify NFT creation and trading within Bitcoin and TON ecosystems. It offers a 5D marketplace and supports multiple Bitcoin subchains for cross-network assets.

Interstellar Lab

Interstellar Lab develops and commercialises bio-farming platforms combining AI, advanced hardware, and bioscience to supply plant-based ingredients at scale on Earth and in Space.

Theneo

Unlock the full potential of AI-powered API documentation: create stunning, low-maintenance, and engaging docs with a single upload in Theneo and generate Stripe-like API docs in seconds.

Pharmaco

Pharmaco allows B2B and B2C customers to order drugs directly from manufacturers or international distributors, for 50% cheaper.

Klipy

Klipy is an API and AdTech for GIFs, clips, stickers, and more.
It is the first platform of Clips & Memes where you can find 3–10 second moments from popular movies, TV shows, or videos that can be shared directly with any messenger.

Promofy

Promofy believes that promotions should be fun and engaging. Their unique gamification approach motivates audience and increases brand loyalty. Their clients are able to customize promotions that are tailored to company's needs and goals.

Kernel

Kernel builds intuitive financial management tools for SMBs. The company helps businesses digitise invoicing and billing, collect cash from clients faster, automate accounting workflows, and get access to financial services.

Omofox

Omofox has a SaaS solution that allows manufacturing, retail, and production organizations to automate their logistics operations by sourcing, planning, and monitoring transportation shipments.

Elven Technologies

Elven builds fireproof enclosures for the electric vehicle/transportation, and battery energy storage industries, solving the unpredictable and devastating lithium-ion battery fire problem. Material withstands 2000°C and direct flames, allowing enclosures to safely manage EV battery fires.

Ally

Ally lets you connect with anyone worldwide through personal introductions by your trusted contacts. The company leverages the 'six degrees of separation' theory and transforms connections with warm introductions and visualized networks.

Medik

Medik is the first transparent and independent medical ecosystem in the region. That enables patients to schedule/manage any type of doctor appointments and to store all medical information in one place.

Helio.ai

Helio.AI helps companies hire the best candidates with a few clicks.
The company creates the world’s first AI-powered platform with ATS, local language AI, and gamified personality tests.

Printomato

Printomato revolutionises advertising with its network of smart photo booths. Offering free photo prints for users, the platform delivers targeted brand campaigns seamlessly, creating memorable experiences while driving powerful marketing results for brands.

Amadeo

Amadeo connects to the existing accounting software data and based on it generates state of the art financial analytics tailored to specific business, generates regulatory reporting and reports for banks to disburse loans easily.

Kings International

Kings Olympiads provides an online platform for academic competitions, streamlining the entire process from registration to personalized feedback. It eliminates the need for physical space, automates administrative tasks, and enables digital testing.

Get to know our members

Axel brings together over 90 members from Georgia and other European countries.
Here are some of them.

Nino Masurashvili

Deputy CEO, Chief Risk Officer
TBC Bank
Erekle Zurmukhtashvili

CEO
Leavingstone
Giga Kerkadze

Former General Manager
Glovo Georgia
Vasil Khodeli

Former CEO
Liberty Bank
George Simongulashvili

Partner
GEC Consulting
Ekaterine Malazonia

Lead Expert
IPC - Internationale Projekt Consult
Giorgi Samkharadze

Partner, Audit Quality
Nexia TA
Vako Gegidze

Founder
Gegidze CA
George Arveladze

Owner
Moped Depot
Zurab Lalazashvili

Managing Partner
BDO Georgia
Maia Verdzadze

Founder
Hill Inn Luxury Camping
Guram Rukhadze

Chief Technology Officer
DevLab Georgia
George Gvazava

Chief Crypto Officer
Bank of Georgia
Giorgi Abramishvili

Managing Director
Energy Solutions
Nodo Ivanidze

Serial Entrepreneur
Nikoloz Kevkhishvili

Managing Partner
Shinwood
Rectus Development
Levan Shalamberidze

Asia Equity Investments Lead
Financial Institutions
IFC
Guram Varshanidze

Senior Software Engineering Manager
EPAM
Lika Tsitsuashvili

Head of Reporting, Analysis and Budgeting
Sun Petroleum Georgia
Julia Schwarz

CEO & Co-Founder
December32
Miles Lalor

CGO & Co-Founder
December32
Anton Nikitin

Real Estate & Angel Investments
Lasha Andronikashvili

Owner
Sali Stone
Beka Tchulukhadze

COO, Partner
De.Fi
Alex Aleksishvili

Founder and General Director
PMCG
Ana Surmanidze

Projects Manager
Diplomat Georgia
Mikheil Janelidze

Founding Partner
EGE
George Shamugia

Managing Director
Singular
Giorgi Jvaridze

Co-founder at MaxinAI
Guka Khimshishvili

Regional Sales Manager
Sika A.G.
Davit Tsitskishvili

Serial Entrepreneur, Founder & CEO
Tsitsko Holding