eBay founder Pierre Omidyar-backed Flourish commits $6 million to as many as 30 African startups
Flourish Ventures, the US investment firm funded by eBay founder Pierre Omidyar, has committed an additional $6 million to Madica to finance as many as 30 African startups. The new commitment will extend Madica’s early-stage investment programme for another three years.
By Ayodeji AdegboyegaSouth Africa
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Pierre Omidyar, Chairman and Founder of eBay. Flourish Ventures has committed another $6 million to extend Madica’s African investment programme. [Ramin Talaie/Getty]
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About this article
- Length
- 22 words · 1 min read
- Published
- October 28, 2026
- Byline
- Ayodeji Adegboyega
- Source
- Business Insider