A venture capital firm that invests in startups outside Africa's major hubs, emphasizing tailored support and governance.
Madica Expands to Algeria and Cameroon, Adds Five Startups to Portfolio
Madica announced five new investments in Algeria and Cameroon, expanding its portfolio to 18 companies across 10 African markets. Talenteo, an HR and payroll platform for Francophone Africa, received funding from Madica.
Madica Expands Portfolio With $600K Investment in Three Startups
Madica has launched a pre-seed investment program to address the geography problem in African venture capital. The firm announced $600,000 in investments across three startups: Kilimo Fresh, Hakimu, and Biovana.
Madica backs three startups, launches fundraising guide for first-time founders
Madica has added three new startups to its portfolio, committing up to $600,000 in total funding. The selected startups are Kilimo Fresh, Hakimu, and Biovana, each receiving up to $200,000.
Madica grows portfolio with $600,000 investment in three African startups
Madica has invested in three startups, deploying up to $200,000 in each. The startups include Kilimo Fresh from Tanzania, Hakimu from Kenya, and Biovana from Nigeria.
Madica Invests Up to $200K in AI Startups Anavid (Tunisia) and Hypeo AI (Morocco)
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.
