3 investments·3 products on Liners
Madica is a structured investment program for pre-seed stage companies in Africa. It is part of Flourish Ventures and describes a founder-friendly process built around an 18-month program, with investments made through a SAFE and support that can include mentorship and strategic guidance. Madica invests in African startups across pre-seed and seed stages. Based on the provided investment record, it has backed companies in Kenya, Tunisia, Tanzania, and Ghana, with activity spanning legal and compliance, AI and analytics, cybersecurity, health tech, and e-commerce and retail. Reported investments include Hakimu, Anavid, Medikea, and Kola Market, each at $200,000. Madica’s official materials say it reviews applications on a rolling basis and makes investments of up to $200,000. The program runs for 18 months and is designed to support founders building technology companies across the continent.