Non-dilutive grant of 6,000,000 USD from the Gates Foundation. Builds on prior support of 5,000,000 USD; together with capital from Founderful Ventures the company has raised a total of 13,000,000 USD to date. Reported operational metrics include >1,800 tons of medical goods delivered in 2025 and 4.2 million patients reached.
About Axmed
Startup working to address global medicine supply chain challenges—improving procurement, logistics and availability of essential medicines in low- and middle-income countries.
Basel, Switzerland
Read Company ProfileFrequently Asked Questions
What type of funding round did Axmed raise?
Axmed raised a grant round.
How much did Axmed raise in its grant?
Axmed raised $6,000,000 USD in its grant.
When did Axmed raise its grant?
Axmed raised its grant on 2026-02-18.
Who invested in Axmed's grant?
The investors in Axmed's grant are: Bill & Melinda Gates Foundation, Founderful Ventures.
What type of investment was Axmed's grant?
Axmed's grant was a equity investment.
How will Axmed use the funds from its grant?
Axmed plans to use the funds for: International scaling of B2B procurement and logistics platform, Expansion into additional markets, Support procurement programs across therapy areas (including family planning and malaria), Strengthen procurement systems and supply chain infrastructure.