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The Venture Codex

Madica

Nairobi, Nairobi County, Kenya

Overview

Structured investment program for pre-seed-stage companies.

Deals · 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Cameroon
Egypt
Kenya
United States

Sector focus

—

Investment portfolio

4rounds
NAMEDATESIZE
Bekia
Sep 2026Led
$0.77 MSeed
PaySika
Sep 2026Led
$0.20 MSeed
ChipMango
Sep 2026Participated
$2 MSeed
Madica
Apr 2026Led
$0.60 MSeed
Bekia
Sep 2026Led
$0.77 MSeed
PaySika
Sep 2026Led
$0.20 MSeed
ChipMango
Sep 2026Participated
$2 MSeed
Madica
Apr 2026Led
$0.60 MSeed
4
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Madica: 4 funding rounds are recorded in the selected participation categories.All available history.
Madica: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed31

Monthly Deal Activity

Madica: 4 deals are recorded across 7 months.All available history.
Madica: 4 deals are recorded across 7 months. All available history
MonthDeals
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '263
Oct '260

Sector Breakdown

Madica: Fintech is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Madica: Fintech is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Fintech2
Networks, Cloud & Communication1
Marketing & Advertising1
Enterprise Software1
Manufacturing1
Professional Services1
Clean Energy & Sustainability1
Space & Frontier Tech1
Developer Tools1

Deal Size Distribution

Madica: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Madica: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Madica: United States has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Madica: United States has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
United States1
Kenya1
Cameroon1
Egypt1
Madica: 7 co-investors are shown, with Atlantica Ventures sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Madica: 7 co-investors are shown, with Atlantica Ventures sharing 1 recorded deals. All available history
Co-investorShared deals
Atlantica Ventures1
Catalyst Fund1
DFS Lab1
Jambaar Capital1
Kaleo Ventures1
Malta Government Venture Capital1
Trilinear Technologies1

Investment Strategy

Madica: Led accounts for 75% and participating for 25% of round participation.All available history.
Madica: Led accounts for 75% and participating for 25% of round participation. All available history
CategoryDeals (count)Share (%)
Led375%
Participating125%
Madica: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Madica: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3100%
Co-led00%

Team

Efayomi Carr

Co-Founder and Board Member

Emmanuel Adegboye