We back exceptional early stage ventures that are made in Africa
Employees: 1-10
Investment Stage: Pre-Seed; Seed; Series A
Portfolio 3
| Date | Name | Website | Total Raised | Location |
| - | Kola Marke... | kola.market | - | United Sta... |
| - | Newform Fo... | newformfoods.com | - | South Afri... |
| - | GoBeba | gobeba.com | - | Kenya, Nai... |
Persons 9
| Date | First Name | Last Name | Title | Location | |||
| - | Emmanuel | Adegboye | Head of Ma... | linkedin.c... | - | - | - |
| - | Shamsa | Mohamed | Communicat... | linkedin.c... | - | - | - |
| - | Isis | Nyong'o | Partner, A... | linkedin.c... | - | - | - |
| - | Francis | Vesta | Investment... | linkedin.c... | - | - | - |
| - | Ameya | Upadhyay | Board Memb... | linkedin.c... | - | - | - |
| - | Brenda | Wangari | Head of Po... | linkedin.c... | - | - | - |
| - | Efayomi | Carr | Board Obse... | linkedin.c... | - | - | - |
| - | Arjuna | Costa | Board Memb... | linkedin.c... | - | - | - |
| - | Wendy | Hoffman | Capital Le... | linkedin.c... | - | - | - |
Mentions in press and media 6
| Date | Title | Description |
| 24.04.2024 | Madica, a program by Flourish Ventures, steps up pre-seed investing in Africa | Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial deals... |
| 12.12.2022 | Madica Ventures wants to bridge the financial gap in Africa’s technology ecosystem TechCabal’s 2021 Year-End report Success! | Funding in Africa’s tech industry has its favourite destinations. The Big 4—Nigeria, South Africa, Egypt, and Kenya—accounted for more than 70% of the $5.2 billion raised by startups in Africa last year, according to Partech’s 2021 report. ... |
| 28.11.2022 | Pre-seed investment platform for mission-driven start-ups | Mission-driven and underrepresented start-up founders in Africa are set to benefit from a new pre-seed investment programme announced by Flourish Ventures, a global venture capital firm. The sector-agnostic programme will invest capital in ... |
| 28.11.2022 | Pre-seed investment platform for mission-driven start-ups | Mission-driven and underrepresented start-up founders in Africa are set to benefit from a new pre-seed investment programme announced by Flourish Ventures, a global venture capital firm. The sector-agnostic programme will invest capital in ... |
| 24.10.2022 | Flourish Ventures Launches Africa-Focused Pre-Seed Investment Platform Madica | Emmanuel Adegboye, head of Madica (pictured on the left) launches new pre-seed Africa fund spun out from Flourish Ventures. He celebrates with new Board members, Efayomi Carr, principal, Flourish Ventures, Ameya Upadhyay, venture partner, F... |
| 24.10.2022 | Global VC Flourish launches Madica, an Africa-focused program to back pre-seed-stage startups | Access to funding and lack of support systems are some of the greatest challenges faced by startup founders in sub-Saharan Africa. And while venture capital and founder support programs within the continent are growing, a lot still remains ... |