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Madica gets US$6m from Flourish Ventures to back more African startups

Madica has secured an additional US$6 million from Flourish Ventures to extend its pre-seed investment programme by three years. It plans to invest in 25 to 30 more African start-ups and expand support for founders who are often overlooked by traditional VC networks. The funding builds on Madica’s initial investment…

TechTrendsKEBy By Caroline Wavinya
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Madica gets US$6m from Flourish Ventures to back more African startups
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Original headline: “Madica gets US$6m from Flourish Ventures to back more African startups”

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