Madica receives $6 million from Flourish Ventures to back up to 30 African startups

Madica secured an additional $6 million commitment from Flourish Ventures to extend its pre-seed investment program for three years. The capital is intended to support 25 to 30 early-stage African startups whose founders are often underserved by traditional venture networks.

• madica
• flourish ventures
• african startups
• pre-seed funding