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
Member of the Advisory Board
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.
Our Members
Axel brings together over 60 members. Here are some of them.
Nodo Ivanidze
Co-founder & CEO
Irakli Vekua
Founder & CEO
Lupi AI
Vako Gegidze
Gegidze CA
Levan Akhvlediani
Board Chairman
UN Global Compact Network Georgia
Nina Kobakhidze
Chair of the Board
Women for Tomorrow
Nino Zambakhidze
Georgian Farmers’ Association
Dimitry Kumsishvili
Managing Partner
Kedari Ventures
David Khosroshvili
Levan Diasamidze
Snap Fitness Georgia
Paata Shurghaia
Deputy Managing Partner
Grant Thornton Georgia
Irakli Chikava
Agro Solutions Group
Giga Kerkadze
Former General Manager
Glovo Georgia
George Arveladze
Moped Depot
George Simongulashvili
GEC | systemic business consulting
Nasser Oudjidane
Co-Founder & CEO
Anton Nikitin
Real Estate & Angel Investments
Tiko Magradze
CEO of Commercial Directions
Hualing Group Georgia
Matti Kawecki
Scandinavian Business Hub
Become a member
Let us know if you're interested in joining Axel, and we'll get back to you.