# Axmed

**Source:** https://www.startuphub.ai/startups/axmed
**Profile type:** Startup

> Distributing affordable medicines.

## About

Axmed is a startup focused on the distribution of affordable medicines. The company received €5 million in funding from the Gates Foundation to support its operations.

## Key facts

- **Slug:** axmed
- **Location:** Basel, Switzerland
- **Operating status:** Active
- **Total funding:** $5M
- **Sectors / tags:** Healthcare, Logistics, Pharmaceuticals

## Frequently asked

### What does Axmed do?

Axmed is a startup focused on the distribution of affordable medicines. The company received €5 million in funding from the Gates Foundation to support its operations.

### What is Axmed's revenue?

StartupHub estimates Axmed's annual revenue at $1.9M (range $974K to $3.6M, 31% confidence), based on comparable companies in the sector.

### What is Axmed's valuation?

StartupHub estimates Axmed's effective valuation at $19.0M (range $12.5M to $30.0M, 21% confidence), based on comparable companies in the sector.

### How much funding has Axmed raised?

Axmed has raised a total of $5M in funding. The most recent round on record is Unknown.

### Where is Axmed headquartered?

Axmed is headquartered in Basel, Switzerland.

### What industry does Axmed operate in?

Axmed operates in Healthcare, Logistics, Pharmaceuticals.

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