Startup working to address global medicine supply chain challenges—improving procurement, logistics and availability of essential medicines in low- and middle-income countries.
Investment Rounds
Capital activity and funding progression
| Amount | Date | Round |
|---|---|---|
| $6 M | Feb, 2026 | grant |
Frequently Asked Questions
Where is Axmed located?
Axmed is located in Basel, Switzerland.
What industries does Axmed operate in?
Axmed operates in the following industries: healthcare, supply chain, healthcare logistics.
How much total funding has Axmed raised?
Axmed has raised a total of $6,000,000.
Who are the investors in Axmed?
The investors in Axmed are: Bill & Melinda Gates Foundation, Founderful Ventures.
What is the primary mission of Axmed?
Axmed is dedicated to transforming healthcare access in low- and middle-income countries by using a digital B2B marketplace to connect pharmaceutical suppliers with healthcare providers, making essential medicines more affordable and reliable.
How does the Axmed marketplace reduce costs for medicine procurement?
The platform aggregates demand from various healthcare procurers to create larger order volumes, which provides greater leverage to negotiate lower prices directly with manufacturers and bypasses expensive intermediaries.
What unique financial commitment does Axmed make to the health systems it serves?
The company operates with a transparent pricing model that caps markups at 10% and reinvests 30% of its profits back into local health systems to support long-term sustainability and growth.
What role does Axmed play in managing the supply chain for healthcare providers?
Beyond connecting buyers and sellers, the platform coordinates end-to-end logistics, including regulatory compliance and customs clearance, to ensure that critical medical supplies reach their destination safely and efficiently.
What is the purpose of the Axmed Revolving Inventory Financing Facility (RIFF)?
This facility provides integrated trade financing to help healthcare procurers in emerging markets access the capital needed to maintain steady stocks of life-saving medications and health products.
Who founded Axmed and what is their professional background?
The company was founded by a team of healthcare and finance experts, including former senior executives from major pharmaceutical firms like Novartis and GSK, who bring over 30 years of collective industry experience.