Madica Invests Up to $200K in AI Startups Anavid (Tunisia) and Hypeo AI (Morocco)
Tech In Africa | Grace Ashiru - Oct 20, 2025
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African Business Angel Network (ABAN)Flourish VenturesMadicaAnavidHypeo AI
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AI OverviewThe most relavant information from the article.
  • Madica has unveiled new investments in two AI-powered startups, Anavid and Hypeo AI.
  • Both startups will receive up to USD 200K and join Madica’s 18-month growth program.
  • Anavid uses AI to reduce shoplifting through real-time monitoring with retail cameras.
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Madica's investment strategy is commendable as it addresses critical gaps in funding and support for African startups. By focusing on underrepresented founders and leveraging partnerships, Madica is not only fostering innovation but also contributing to the sustainable growth of the tech ecosystem in Africa. This approach could serve as a model for similar initiatives globally.
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