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Flourish Ventures' Madica Program Boosts Pre-Seed Investing in Africa 🚀

Flourish Ventures' Madica Program Boosts Pre-Seed Investing in Africa 🚀

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#venture capital
#investments
Flourish Ventures' Madica program intensifies its investment efforts in Africa, targeting up to 30 startups by the end of its three-year program, with a focus on underrepresented founders and diverse sectors.

Flourish Ventures' Madica program, aimed at pre-seed startups in Africa, plans to invest in up to 10 ventures by year-end, with three initial deals already sealed, including Kola Market, GoBEBA, and Newform Foods.


Madica sets itself apart by prioritizing investments in diverse sectors and underrepresented founders, offering tailored hands-on support and mentorship alongside upfront investments of $200,000, with a vision to catalyze more investments in Africa's pre-seed stage and attract global VC interest. 🌍💼

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