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Madica secures $6m from Flourish Ventures to extend African pre-seed investment pilot

Disrupt Africa · Tom Jackson

Published by the source: Thu, 29 Oct 2026 06:00:02 +0000

From Disrupt Africa

Madica, a structured pre-seed investment programme for African startups, has secured US$6 million in additional capital from Flourish Ventures to extend its investment pilot by three years. Launched in 2022, Madica is an Africa-focused pre-seed investment programme empowering underrepresented and underfunded mission-driven founders on the continent. The sector-agnostic platform, affiliated with Flourish Ventures, aims to [...] The post Madica secures $6m from Flourish Ventures to extend African pre-seed investment pilot appeared first on Disrupt Africa .

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