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/News/Madica invests $600,000 across three African pre-seed startups

Madica invests $600,000 across three African pre-seed startups

Madica is putting up to $200,000 each into Kilimo Fresh, Hakimu, and Biovana, and enrolling them in its 18-month support program.

In short

Madica, an Africa-focused pre-seed investment program, has invested a total of $600,000 in three startups.

Each company can receive up to $200,000, plus an 18-month support program.

What happened

Madica announced new cheques for Kilimo Fresh in Tanzania, Hakimu in Kenya, and Biovana in Nigeria.

Kilimo Fresh connects smallholder farmers to urban markets through a tech-enabled produce supply chain, meaning it uses software and coordination tools to move fresh food from farms to cities.

Hakimu is building pan-African legal infrastructure using AI, which means software that can automate parts of legal work like searching, summarising, and drafting. Biovana is a health data harmonisation platform, which means it helps standardise messy health data so pharmaceutical and clinical research teams can use it across systems.

Madica said the investments align with its goal to back founders who are often excluded from Africa’s concentrated venture capital flows.

Why it matters

Most venture funding in Africa still clusters in a few markets and networks. TechCabal data shows Nigeria, Kenya, Egypt, and South Africa took 80% to 85% of total funding in 2025.

By backing startups in Tanzania, Kenya, and Nigeria, Madica is signalling interest in earlier-stage teams and in sectors beyond the usual fintech-heavy deal flow.

The 18-month program is also part of the bet. Mentorship, executive coaching, and funded immersion trips can help founders tighten strategy, meet investors, and build partnerships faster, especially when they are outside the main funding hubs.

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