Madica Invests $200,000 in Five African Startups, Enters Algeria and Cameroon

Madica invests $1 million in 5 African startups, including Nigeria’s ChipMango

Flourish Ventures-owned Madica, a structured investment programme for pre-seed African startups, has today announced investing roughly $1 million…

Madica Expands to Algeria and Cameroon, Adds Five Startups to Portfolio

The pre-seed program's latest five investments widen its map

How Madica Found Five Startups In Africa's Funding Blind Spots

Madica expands into Algeria and Cameroon with five pre-seed bets, backing founders in markets where venture capital has long been scarce.

Madica Makes Fresh Investments in Nigeria's ChipMango, Four Others

By Adedapo Adesanya Madica, a structured investment programme for pre-seed African startups, has announced five new investments, including Nigerian semiconductor startup ChipMango, as it expands its portfolio into Algeria and Cameroon for the first time. The latest investments cover four African markets and sectors including human resources technology, financial services, semiconductors and the circular economy. […]

Madica invests $200,000 in five African startups, enters Algeria and Cameroon

Madica has invested $200,000 each in five new African startups, including its first bets in Algeria and Cameroon, bringing this year's total to $1.6 million.