XA Network, a leading investment network founded by tech alumni in Southeast Asia, today announced its expansion into Africa with the launch of XA Africa. The move underscores the network’s vision and commitment to fostering innovation and supporting promising startups globally.
XAAfricaisfoundedbyatrioofexperiencedtechprofessionals:
NitinGajria,formerMDofGoogleSub-SaharanAfrica
JasonScott,venturecapitalistandanarchitectoftheBlackFoundersFundatGoogle
MarekDawidowicz,currentMarketingDirectoratYouTubeandSouthAfricannative
“Founders of technology startups in Africa are uniquely placed to solve some of Africa’s most profound challenges and unlock its greatest opportunities. We see theforayofXANetworkinto Africa as a natural progression, allowing us to connect amazing founders to experienced and expert operators from the tech industry”, says Nitin Gajria, Co-Founder of XA Africa.
XA Africa aims to connect exceptional African tech founders with seasoned investors and industry experts, primarily from global and regional technology companies, to provide not just capital but also theguidanceandsupportneededtoscaletheirventures.Thenewlyestablished XA Africa has already made notable investments in promising African startups, including:
Crop2Cash(Nigeria)
BuuPass(Kenya)
Kaya(SouthAfrica)
TalamusHealth(Ghana)
“We are excited to have XA network on board because of their strong network of experts who are open to listening and helping. They’ve introduced us to advisors from Expedia and truly understandthedynamicsofemergingmarkets,makingthemavaluableinvestor.”-SoniaKabra & Wyclife Omondi – Founders of BuuPass
“Partnering with XA Network has been a game-changer for our company. Their strategic guidanceandnetworkhaveopeneddoorstonewopportunities,andwe’reexcitedtoseethe impact of our collaboration continue to unfold. We’re grateful for their trust in our vision.” – Michael Ogundare – CEO of Crop2Cash
Since its inception six yearsago,XANetworkhasestablisheditselfasasignificantplayerinthe Southeast Asian startup ecosystem, making nearly 100 investments in the region, and consistent rankedas#1investmentnetworkintheregion.XANetworkcomprisesseniorleaders from prominent global and regional technology companiesandnotablecompanyfounders.This approach distinguishes XA Network, enabling it to offer portfolio companies unparalleled guidance and support from experienced industry operators.
We also see an opportunities to build a stronger bridge between ecosystems in Africa and Southeast Asia along the way. In fact, this investment hypothesis has already been proven across some of the African founders we are currently supporting.”, Mr Gajria added.
The XA Africa team will be hosting their first public Demo Day webinar on Thursday November 7, 1-2pm GMT+1, where Africa focused investors can meet and invest in four founding companies and learn more about XA Africa. Click hereto register for the event.
