Madica

Madica

FintechVenture CapitalB2B📍 Africa

Madica is a structured pre-seed investment program for African startups, aiming to back early-stage companies in neglected markets, sectors, and networks. They have raised $6 million from Flourish Ventures to extend their investment pilot by three years, funding 25-30 additional companies. The program pairs patient funding with hands-on support, focusing on majority African-owned businesses, with over half having at least one female co-founder.

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Total raised
Undisclosed
tracked to date
Latest round
Pre-seed
Oct 27, 2026
Known investors
1
led by Flourish Ventures
Press coverage
8
outlets tracked

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Funding history

  1. 1
    $6 millionPre-seedOct 27, 2026

    Led by Flourish Ventures

    Announcement ↗

Founder

Emmanuel Adegboye
Emmanuel Adegboye
Chief Executive Officer

Investors in Madica

Backers from this company's tracked funding rounds.

  • FFlourish VenturesLead investorVC firm

Madica in the news

Coverage of this company's funding, tracked by Datapile.

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