{"id":99516,"date":"2022-02-21T14:50:47","date_gmt":"2022-02-21T10:50:47","guid":{"rendered":"https:\/\/forbes.ge\/?p=99516"},"modified":"2023-05-18T19:20:56","modified_gmt":"2023-05-18T15:20:56","slug":"axel-georgian-business-angel-network-invests-in-theneo","status":"publish","type":"post","link":"https:\/\/dev.forbes.ge\/en\/axel-georgian-business-angel-network-invests-in-theneo\/","title":{"rendered":"Axel – Georgian Business Angel Network Invests in Theneo"},"content":{"rendered":"

Axel<\/a> – Georgian Business Angel Network has announced its first syndicated investment in Georgian tech startup Theneo.<\/p>\n

The investment happened as a result of Axel\u2019s<\/a> international business angel summit organized in collaboration with Tbilisi City Hall and with support from Bank of Georgia, Visa, and Grant Thornton Georgia, where Theneo was one of the 10 startups that pitched.<\/p>\n

Founded by Ana Robakidze and Maria Doliashvili, Theneo works to automate the content creation process for developers so they can quickly generate high-quality API (application programming interface) documentation. Earlier this week, Theneo announced that it is backed by Y Combinator as part of the 2022 Winter Batch.<\/p>\n

\u201cWe are excited to announce that we were able to give our members the opportunity to invest in an amazing API documentation tool that is making developers\u2019 and even non-technical team members\u2019 work much easier. Moreover, we strongly believe in wonderful Georgian founders Ana and Maria that are working hard to make Theneo a big success on a global scale,\u201d – says Tatuli Okriashvili, Managing Director at Axel.<\/p>\n

\u201cWe are grateful to Axel for collaborating with Cartooli and supporting Theneo in a collaborative effort. Axel, like Theneo, is still in its early stages, and we are excited to see what kind of community we can build together,\u201d says Ana Robakidze, Co-founder and CEO at Theneo.<\/p>\n

Axel\u2019s members and partners have already made a number of individual investments in other Georgian tech startups since June 2021, however, the investment in Theneo is the first deal when the check is written by a syndicate \u2014 a group of angel investors. This is an important milestone not only for Axel, but also for angel investing in Georgia \u2014 and for the country\u2019s tech startup ecosystem.<\/p>\n

Axel, the Georgian Business Angel Network, already unites over 50 local and international angel investors.<\/p>\n

Established in June 2021, the Network aims to accelerate the development of Georgia\u2019s tech startup ecosystem by facilitating Smart Money investments in the most promising Georgian entrepreneurs.<\/p>\n

Since December 2021, Axel is a member of EBAN (European Business Angel Network).<\/p>\n","protected":false},"excerpt":{"rendered":"

Axel – Georgian Business Angel Network has announced its first syndicated investment in Georgian tech startup Theneo. The investment happened as a result of Axel\u2019s international business angel summit organized in collaboration with Tbilisi City Hall and with support from Bank of Georgia, Visa, and Grant Thornton Georgia, where Theneo was one of the 10 […]<\/p>\n","protected":false},"author":615,"featured_media":99520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1747,1736],"tags":[],"class_list":["post-99516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-partner-en","has-thumb"],"yoast_head":"\nAxel - Georgian Business Angel Network Invests in Theneo • Forbes Georgia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.forbes.ge\/en\/axel-georgian-business-angel-network-invests-in-theneo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axel - Georgian Business Angel Network Invests in Theneo • Forbes Georgia\" \/>\n<meta property=\"og:description\" content=\"Axel – Georgian Business Angel Network has announced its first syndicated investment in Georgian tech startup Theneo. 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