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Madica Welcomes New Startups To Its Investment Program, Expands North African Footprint - Brand Spur

Summary by Brand Spur

Pan-African VC program Madica invests ~$800k in Four New Companies in Egypt, Morocco, Tanzania, and Tunisia San Francisco, California – 12 February 2025 – Madica, a structured investment program designed for pre-seed stage startups in Africa, has announced its latest round of investments in four tech-enabled startups which include Medikea, Motherbeing, Pixii Motors and ToumAI. Each startup has received an investment of up to $200,000 and will pa…

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WeeTracker

Madica Invests USD 800 K In Four African Startups, Debuts In North Africa

Madica, the Africa-focused pre-seed investment program, has announced an USD 800 K investment in four tech-enabled startups from Egypt, Morocco, Tunisia, and Tanzania. Each startup has received up to USD 200 K and will benefit from Madica’s 18-month investment program, which includes hands-on mentorship, executive coaching, and global networking opportunities. The new portfolio includes Medikea (Tanzania), a digital healthcare platform enhancing…

10 days ago

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Brand Spur

Madica Welcomes New Startups To Its Investment Program, Expands North African Footprint - Brand Spur

11 days ago

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Techpoint.Africa

Madica invests $800,000 in four African startups to spur growth

Madica has invested $800,000 in four African startups through its investment programme, offering funding, mentorship, and support to enhance the continent's entrepreneurial ecosystem.

11 days ago

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PC Tech Magazine - Uganda Technology News, Analysis, Software and Product Reviews from Africa's Olde

Madica backs 4 African tech-startups with up to $200k investments

Madica, a structured investment program designed for pre-seed stage startups in Africa, has announced its latest round of investments in four (4) tech-enabled startups; Medikea, Motherbeing, Pixii Motors, and ToumAI. Each startup has received an investment of up to US$200,000 (approx. UGX735.9 million) and will participate in Madica’s comprehensive investment program. The reward goes beyond monetary value, the four (4) startups are also receivin…

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techeconomy.ng

Meet the Four African Startups Joining Madica’s Portfolio - Tech

Madica, an Africa-focused early-stage investment firm, has expanded its portfolio with four new startups, as it expands its goal to support mission-driven founders across the continent. The selected startups—Medikea from Tanzania, Motherbeing from Egypt, Pixii Motors from Tunisia, and ToumAI from Morocco—will receive a combined $800,000 in pre-seed funding. Each company will receive $200,000, along with mentorship and opportunities for global n…

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TechCabal

Madica invests $800,000 in four startups, expands to North Africa

Madica, an Africa-focused early-stage investment firm, has backed four African startups with $800,000 in pre-seed funding. The investment comes as investors shift their focus toward businesses with strong revenue traction after early-stage African startups secured 9% of total venture funding in 2024. The selected startups include Medikea, a Tanzanian startup that provides access to instant healthcare services through its first-line clinics; Moth…

11 days ago

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