Madica operates a pre-seed investment programme that pairs capital with an 18-month support platform including mentorship, coaching, global investor access, and immersion trips across key tech ecosystems. The programme is focused on early-stage African startups and recently deployed $200K each to Kilimo Fresh Foods Africa Inc., Hakimu, and BioVana Research. Madica is backed by Flourish Ventures and has deployed roughly $2.6 million across a 14-company portfolio since launch. In addition to direct investments, Madica provides founders with resources such as the Zero to Funded fundraising guide for first-time founders. The organisation emphasizes addressing structural gaps in Africa's early-stage funding ecosystem through consistent support and network access. Emmanuel Adegboye serves as Head of Madica and has publicly articulated the programme's commitment to building a diverse African portfolio.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2026