Pre-Seed

Nairobi

Emmanuel Adegboye

Madica

Madica VC is a pan-African, pre-seed investment program and accelerator affiliated with Flourish Ventures that provides up to $200,000 in equity funding alongside 18 months of bespoke venture-building support to early-stage startups led by underrepresented founders.

Dar es Salaam

Medikea

Healthcare

Healthtech

Hospitals and Health Care

Wellness

We make primary care accessible and affordable to over 500 million Africans who today struggle to access even basic healthcare services.

Casablanca

ToumAI

Customer Experience

Analytics

Artificial Intelligence

Artificial Intelligence (AI)

Software

ToumAI Analytics supports ventures willing to better understand their stakeholders no matter the language they use and improve their local impact across the EMEA region.

Cairo

Grant

Motherbeing

Education

Mobile Apps

Women's

Information Technology

Diagnostics

Medical

Mother Being is a women’s health company that empowers users through its app, Daleela, a personalized health assistant providing comprehensive women’s health information and instant, discreet access to doctors.

Cape Town

Newform Foods

Foodtech

Product Research

Biotechnology

Consumer Goods

Food Processing

Newform Foods is leveraging a continent-spanning research and development network to help food producers, retailers, and business owners develop and scale cultivated animal products at a significantly lower cost than the industry norm.

GoBEBA

E-Commerce

Retail & Wholesale

Deliveries

Grocery

Shopping

Retail

GoBEBA is the leading e-commerce utility platform providing safe, reliable, and convenient access to essential utilities like cooking gas and clean drinking water.

Medikea Health

Health Care

Motherbeing, an Egypt-based femtech startup founded by Nour Emam and Yousef Elsamaa, has received up to $200,000 in pre-seed funding from Madica as part of its latest investment round. The company offers AI-powered chat assistance, educational resources, and diagnostic services to support Arab women’s sexual and reproductive health. This funding marks Madica’s debut investment in North Africa and will provide Motherbeing with 18 months of mentorship, executive coaching, and global investor network access to accelerate its growth and long-term sustainability.

Madica Welcomes New Startups to its Investment Program, Expands North African Footprint

Motherbeing, an Egypt-based startup led by Nour Emma and Yousef Elsamaa, has secured $200,000 in pre-seed funding from Madica’s investment programme. The company leverages AI-driven technology to deliver health and wellness solutions tailored for Arab women, providing AI-assisted guidance, educational content, and diagnostic services, with the support aimed at helping the startup scale and attract follow-on funding.

Madica Invests in Four African Startups to Drive Innovation and Growth

Newform Foods, a South African startup founded by Brett Thompson and Tasneem Karodia, received up to $200,000 in pre-seed funding from Madica’s investment program to help food producers and retailers develop and scale affordable cultivated meat products.

Pre-seed Investment Programme, Madica Announces First Set Of African Tech Portfolio Companies

Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three startups today.

In line with Madica’s mandate, each startup has received an investment of up to $200,000 and is now a part of Madica’s comprehensive investment program which includes 18 months of dedicated company-building support tailored to the unique needs of each startup.

Madica’s first set of investments, selected from applications covering Africa, deliver tech-enabled solutions across growing and expanding verticals, include:

Kola Market (Ghana), founded by Marie-Reine Seshie, assists SMEs in enhancing sales, optimising inventory, and securing financing via a comprehensive B2B platform that simplifies business operations and improves efficiency.

Madica Announces First Batch of African Tech Portfolio Companies

Madica

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 6 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

Madica

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 6 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

Portfolio Companies
or Investments