A venture capital firm that invests in startups outside Africa's major hubs, emphasizing tailored support and governance.
Ask an Investor: Africa’s new-crop of investors have a few things to teach the continent
Silverbacks has achieved significant partial exits, including a 29x return on LemFi and a 5x return on OmniRetail, demonstrating the importance of patient investment strategies. Madica's investment strategy focuses on startups outside Africa's major hubs, challenging the traditional Silicon Valley p
Madica invests $800,000 in four African startups to spur growth
Madica has invested $800,000 in four African startups, each receiving $200,000. The investment program includes a personalized curriculum and hands-on mentorship.
Madica Backs Four African Startups in Latest Investment Round
Madica has invested $200,000 each in four tech-enabled startups: Medikea, Motherbeing, Pixii Motors, and ToumAI. This investment marks Madica's first foray into North Africa, reinforcing its mission to support underrepresented founders.
Madica invests $800,000 in four startups, expands footprint into North Africa
Madica has backed four African startups with a total of $800,000 in pre-seed funding. The selected startups include Medikea, Motherbeing, Pixii Motors, and ToumAI.
Madica invests $200,000 in Nigerian clean energy startup Earthbond
Earthbond secured $200,000 in pre-seed funding from Madica. The startup assessed solar power needs for over 100 businesses in Lagos.
