Discover Products, Get Discovered.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2024, Madica has backed 10 African startups across 12 disclosed funding rounds totaling $3.1M, most heavily in Tunisia and AI & Analytics.
Madica is a structured investment program for pre-seed-stage companies in Africa and is affiliated with Flourish Ventures. The program was launched in 2022 and provides investment alongside an 18-month support program for founders. Madica invests in African startups at the pre-seed and seed stages. Its portfolio and recent investments show activity across AI and analytics, legal and compliance, health tech, travel and mobility, creator economy, quick commerce, and e-commerce and retail, with geographic focus in Tunisia, Kenya, Morocco, Egypt, Tanzania, and Ghana. Confirmed portfolio companies include Hakimu, Hypeo AI, Anavid, Pixii Motors, Motherbeing, Medikea, GoBEBA, and Kola Market.
Data updated · Aug 7, 2026
Sign in to see all 10 portfolio products
Free account — full portfolios, timelines, and the weekly funding digest
Sign in to see all 12 rounds
Free account — full portfolios, timelines, and the weekly funding digest
Madica has backed 10 African startups across 12 disclosed funding rounds tracked on Liners, totaling $3.1M since 2024.
Mostly Seed: 6 of its 12 tracked rounds are at that stage, followed by Venture Round (3).
Companies Madica has backed operate in Tunisia (5), Côte d'Ivoire (2), Kenya (2), and 6 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward AI & Analytics (2), Travel & Mobility (2), HR & Talent (1), and 7 more sectors.
Madica most often shares rounds with Catalyst Fund (1 shared deal), Jambaar Capital (1 shared deal), Flourish Ventures (1 shared deal).
Madica is a structured investment program focused on pre-seed-stage companies in Africa. It is affiliated with Flourish Ventures and was launched in 2022.
Confirmed portfolio companies include Hakimu, Hypeo AI, Anavid, Pixii Motors, Motherbeing, Medikea, GoBEBA, and Kola Market. These companies cover legal tech, AI, health tech, mobility, logistics, and retail.
Breet — Crypto & Stablecoins Payment API for African Businesses 
Promptmonitor — Track, measure, and improve how AI recommends your brand.