XA Network, a renowned investment network founded by tech alumni in Southeast Asia, has announced its expansion into Africa with the launch of XA Africa. This expansion marks the network’s commitment to fostering innovation in the continent’s vibrant startup ecosystem, aiming to provide both capital and expert support to African tech founders.
XA Africa is co-founded by three highly experienced tech professionals, Nitin Gajria, former Managing Director of Google Sub-Saharan Africa Jason Scott, venture capitalist and architect of the Black Founders Fund at Google, Marek Dawidowicz, current Marketing Director at YouTube and South African native.
According to Gajria, “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 the foray of XA Network into Africa as a natural progression, allowing us to connect amazing founders to experienced and expert operators from the tech industry.”
XA Africa aims to connect exceptional African tech founders with seasoned investors and industry experts, primarily from global and regional technology companies. In doing so, XA Africa will not only provide funding but also offer guidance, mentorship, and strategic support to help scale startups across the continent.
The network has already made notable investments in African startups, including Crop2Cash (Nigeria)BuuPass,(Kenya)Kaya, (South Africa), Talamus Health (Ghana)
Speaking on their experience with XA Network, BuuPass founders Sonia Kabra and Wycliffe Omondi expressed their excitement: “We are excited to have XA Network on board because of their strong network of experts open to listening and helping. They’ve introduced us to advisors from Expedia and truly understand the dynamics of emerging markets.”
XA Network has built a solid reputation in Southeast Asia over the past six years, with nearly 100 regional investments. The network, known for its support from senior leaders and industry experts, ranks as the top investment network in Southeast Asia. This expertise and guidance from experienced operators make XA Network a unique player in the investment ecosystem.
XA Africa’s co-founder, Nitin Gajria, highlighted the potential of building bridges between African and Southeast Asian ecosystems. “We also see an opportunity to build a stronger bridge between ecosystems in Africa and Southeast Asia. This investment hypothesis has already been proven across some of the African founders we are currently supporting,” he said.
XA Africa will host its first Demo Day webinar on Thursday, November 7, from 1 to 2 p.m. GMT+1. This event will introduce Africa-focused investors to four founding companies, providing an opportunity to invest and learn more about XA Africa’s vision.
XA Network is a leading investment network founded by technology professionals from Southeast Asia. The network supports early-stage startups with funding and expert guidance, helping to drive innovation and growth in emerging markets. XA Network has made nearly 100 investments across Southeast Asia and is expanding its impact into Africa with the launch of XA Africa.