Madica
AcceleratorPre-Seed · 14 people tracked
Find your way into Madica
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Ask Yewande Adewusi to introduce you to Arjuna Costa
You →Yewande · together at Pagatech Limited →Arjuna
Ask Jamie Chen to introduce you to Efayomi Carr
You →Jamie · together at Madica →Efayomi
Ask Sam Okafor to introduce you to Isis Nyong'o
You →Sam · together at MumsVillage →Isis
- Emmanuel Adegboye399 people can intro you
- Shamsa Mohamed178 people can intro you
- Francis Vesta103 people can intro you
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Investment thesis
Madica invests in pre-seed-stage, mission-driven founders across Africa, aiming to close the structural gaps that hold back innovation and entrepreneurship on the continent. Each startup receives an investment of up to $200,000 plus 18 months of individualized (non-cohort) support including mentorship, executive coaching, peer learning, immersion trips, and access to global networks and investors. Target companies have an MVP, ideally some paying customers, have raised little or no institutional capital, operate in Africa, and are led by full-time local founders. By backing underrepresented and underfunded founders, Madica seeks to lower risk perception, attract more capital, and inspire more entrepreneurs.
Source: firm website, verified Aug 3, 2026.
Team · 14 people
from the firm's website & curatedWhat they invest in
from 7 of 17 portfolio companiesAI & Machine Learning ×2Biotech ×2Cleantech ×2Energy ×2Logistics & Supply Chain ×2AgTech ×1Circular Economy ×1Consumer ×1
HQs:South Africa×2Egypt×1Kenya×1Netherlands×1Tunisia×1
Portfolio companies · 17 tracked
alumni founders can tell you what the program is really likeBy year:2026 · 12025 · 32024 · 15 dated
BioVana structures clinical data and biospecimen collections across African health institutions to meet international standards for biomedical research and precision medicine.
BiotechData & InfrastructureHealthtech
Estelle Dogbo(CEO)inDr. Jumi Popoola(Chief Scientific Officer)
Motherbeing offers a women's health app that combines an AI assistant ("Daleela") for medically-verified health guidance, cycle and period tracking, remote consultations with specialists in gynecology, dermatology, nutrition, and sexual health, and expert-led educational video programs.
AI & Machine LearningDigital HealthFemTech
Yousef ElSammaainNesma ElFarin
Co-investors500 GlobalFalak StartupsFive35 Ventures
Delta Oil is an Egyptian waste oil management company that collects used cooking oil from households, shops, and food-and-beverage businesses through pickup services and collection points, paying suppliers in exchange.
Circular EconomyCleantechEnergyCairo, EG
Co-investorsFalak Startups
Motherbeing is an Egyptian femtech startup offering women's sexual and reproductive health services in MENA via its Daleela app and a Cairo clinic, including AI health guidance and virtual/in-person consultations.
Co-investorsIngressive Capital
Newform Foods is a South African food technology company focused on food and biotech research, including cultivated meat and agri-innovation.
AgTechBiotechFoodTech
Co-investorsAnza CapitalBrincSustainable Food Ventures
Shadow is an electric two-wheeler designed for urban commuters, offering an eco-friendly alternative to gas-powered vehicles with a focus on reducing traffic congestion and carbon emissions for last-mile transportation.
CleantechHardwareIoTLogistics & Supply ChainMobility & Transportation
ToumAI builds a multilingual voice AI platform for customer experience teams, offering speech analytics, autonomous voice agents, and an SDK for adding voice interaction to applications.
AI & Machine LearningEnterprise SoftwareSaaS
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AnavidBioVanaEarthbondHakimuHypeoKilimo FreshKola MarketMedikeaToumAI
Portfolio news
latest coverage across their companies
Delta Oil · waya.media · Sep 16, 2026
Frequently asked questions
- How many investments has Madica made?
- Madica has 17 tracked investments, including 4 dated in the last 24 months.
- What stage does Madica invest at?
- Madica invests at the Pre-Seed stage.
- What is Madica's typical check size?
- Madica typically writes checks of $200K.
- What sectors does Madica focus on?
- Madica focuses on Sector Agnostic.
- Who does Madica co-invest with?
- Madica most often shares deals with Anza Capital, Brinc, Sustainable Food Ventures, among 3 tracked co-investors.
Media · Podcasts & interviews
featuring the teamSimilar investors
4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.



























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