Madica
AcceleratorPre-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.
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 5 of 15 portfolio companiesBiotech ×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 likeBuilds national health-data infrastructure across Africa, harmonizing biobank, registry, and clinical datasets into research-ready assets for discovery and precision medicine.
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)
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
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 companiesGoBEBA · tech-ish.com · Apr 10, 2026
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 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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