Madica Raises $6 Million From Flourish Ventures to Back Up to 30 More African Pre-Seed Startups

Madica has raised $6 million from Flourish Ventures to extend its pre-seed investment programme, targeting between 25 and 30 additional African startups overlooked by traditional investors over the next three years. The raise is being described as a sustained commitment to Africa's most underserved funding stage, with Flourish's backing directly shaping early-stage VC access on the continent.