Fundz

Axmed Secures $6M Grant Funding to Scale Healthcare Access. This funding will help expand its B2B procurement platform across low- and middle-income countries.

PRIVATEFeb 17, 2026

Amount Raised

$6 Million

Round Type

Grant

Health CareMarketplace

Investors

Founderful VenturesGates Foundation

Description

Axmed has been awarded $6 million in non-dilutive grant funding from the Gates Foundation to expand access to medicines in low- and middle-income countries. The new funding will accelerate its expansion across Africa and support various therapeutic procurement programs. This grant builds on previous support from the Foundation and reflects their confidence in Axmed's model. To date, the company has raised a total of $13 million.

Quick answer

Axmed raised $6 Million in a Grant round, dated February 17, 2026. Investors: Founderful Ventures and Gates Foundation.

How much did Axmed raise?
Axmed raised $6 Million in a Grant round on February 17, 2026.
Who invested in Axmed?
Founderful Ventures and Gates Foundation are named as investors in this round.
What does Axmed do?
Axmed is a medicines marketplace that unlocks access to life-saving therapeutics by aggregating demand across healthcare providers (governments, INGOs, private providers).
Who are the decision-makers at Axmed?
Fundz holds 1 contact at Axmed. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Marketplace and Health Care around the same time

Companies in the same sectors as Axmed that raised within 45 days of this round, from Fundz verified event records.

  • Recare raised $44M (Funding Round) on January 29, 2026.
  • CosmoInnovations raised $3.5M (Seed) on April 3, 2026.
  • Jimini Health raised $17M (Seed) on April 3, 2026.
  • Healthier Choices Management Corp. raised $500K (Debt Financing) on April 3, 2026.
  • Insight Health AI raised $11M (Series A) on April 3, 2026.
  • Shanghai StairMed Technology Ltd raised $78M (Funding Round) on April 2, 2026.

Who to call at Axmed, and when

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Company Information

Company

Axmed

About

Axmed is a medicines marketplace that unlocks access to life-saving therapeutics by aggregating demand across healthcare providers (governments, INGOs, private providers). Our business model strengthens purchasing power with manufacturers to ensure the supply of cost-effective, high-quality medicines to patients at transparent prices. We partner exclusively with authorized, high quality pharmaceutical companies and certified caregivers to accelerate sustainable access to medicines .

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