Madica Secures $6m from Flourish Ventures to Back More African Startups
Madica, a structured pre-seed investment program for African startups, has raised $6 million in additional capital from Flourish Ventures to extend its investment pilot by three years. The new injection will allow Madica to back up to 30 additional companies and deepen its company-building support for exceptional founders underserved by established venture capital networks. The […] The post Madica Secures $6m from Flourish Ventures to Back More African Startups appeared first on Naijaonpoint.com
AI summary
Madica, a structured pre-seed investment program for African startups, has raised $6 million in additional capital from Flourish Ventures to extend its investment pilot by three years. The new injection will allow Madica to back up to 30 additional companies and deepen its company-building support for exceptional founders underserved by established venture capital networks. The […]
The post Madica Secures $6m from Flourish Ventures to Back More African Startups appeared first on Naijaonpoint.com.ng.
Follow the story
About this article
- Length
- 74 words · 1 min read
- Published
- October 27, 2026
- Byline
- naijaonpoint
- Source
- Naijaonpoint.com.ng