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Pre-Seed investment programme Madica announces first set of African tech portfolio companies

Pre-Seed investment programme Madica announces first set of African tech portfolio companies
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PRE-SEED INVESTMENT PROGRAM MADICA ANNOUNCES FIRST SET OF AFRICAN TECH PORTFOLIO COMPANIES

Pan-African Program Adds New Hires, Kicks Off Founder Immersion Networking Trips, Ecosystem Collaboration

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Three African tech start-ups receive Madica kick-start

The Pan-African pre-seed investment vehicle finds its first set of portfolio companies to invest in, including SA start-up Newform Foods.

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Kenya's GoBeba, Ghana's Kola Market & SA's NewForm Foods raise $200K each from Madica, a Flourish Ventures-backed pre-seed fund

Kenya's GoBeba, Ghana's Kola Market & SA's NewForm Foods raise $200K each from Madica, a Flourish Ventures-backed pre-seed fund
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Madica, a program by Flourish Ventures, steps up pre-seed investing in Africa

It has invested in Kola Market, which helps SMEs grow their sales; GoBEBA, an e-commerce platform; and cultivated meat startup Newform Foods.

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