Madica news
Madica appears in 2 stories we have published in October 2026, mostly in our Funding and AI coverage. It is most often reported alongside Askya Investment Partners, Atlantica Ventures and AXIAN Investment.
Latest development
Madica secures $6 million to invest in 25-30 African startups
Madica, a pre-seed investment programme backed by Flourish Ventures, has received $6 million in new funding to support 25 to 30 African startups over the next three years. The move aims to counteract the sharp decline in early-stage investment on the continent, particularly in markets outside Nigeria, Kenya, Egypt, and South Africa.
28 October 2026
Covered alongside
Madica secures $6 million to invest in 25-30 African startups
Madica receives $6 million from Flourish Ventures to invest in pre-seed and seed-stage African startups, aiming to bridge funding gaps outside dominant markets.
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