Fundraising Fox

Madica

Accelerator

Pre-Seed · 14 people tracked

Find your way into Madica

2,489 people in our graph share verified history with the Madica team — schools, employers, funds. One of them is your warm intro.

Wesley Chanunlockedknows Isis Nyong'o · together at Google (overlapped)
×7knows the team · via Harvard Business School
knows the team · via Google
knows the team · via University of Pennsylvania
knows the team · via Corporatefinanceinstitute
knows the team · via Viacom
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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.

Invests inSector AgnosticAfrica

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed
Check
$200K
Instruments
Equity
Founded
2022
Portfolio companies
15

Team · 14 people

from the firm's website & curated

What they invest in

from 5 of 15 portfolio companies

Biotech ×2Logistics & Supply Chain ×2AgTech ×1AI & Machine Learning ×1Cleantech ×1Consumer ×1Data & Infrastructure ×1E-commerce ×1

HQs:South Africa×2Kenya×1Tunisia×1

Portfolio companies · 15 tracked

alumni founders can tell you what the program is really like
Anavid
BioVana

Builds national health-data infrastructure across Africa, harmonizing biobank, registry, and clinical datasets into research-ready assets for discovery and precision medicine.

Biovanaresearchbiovanaresearch.comin

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)

Daleela
Earthbond
GoBEBAgobeba.comin𝕏Apr 2024

Beba is an EPRA-licensed LPG retailer that sources cooking gas directly from brands and delivers gas and drinking water on subscription.

ConsumerE-commerceEnergyLogistics & Supply Chain

Co-investorsDFS LabPraxis

Hakimu
Hypeo
Kilimo Fresh
Kola Market
Medikea
Newform Foodsnewformfoods.comin

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

Pixii Motorspixiimotors.comin

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

Toumtoum.ai

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

ToumAI

AI-powered multilingual customer engagement platform using NLP and sentiment analysis to deliver personalized interactions across voice, text, and chat for African markets.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Madica made?
Madica has 15 tracked investments.
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 team

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