Weekly DigestOctober 28, 20260

Madica Secures $6 Million from Flourish Ventures to Back 30 More African Startups

Madica has secured an additional $6 million from Flourish Ventures to extend its African pre-seed investment pilot by three years, giving the programme capacity to back another 25 to 30 startups as it tests whether early-stage capital and hands-on support can produce venture-scale businesses across

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Madica Secures $6 Million from Flourish Ventures to Back 30 More African Startups

Source: TechMoran  ·  Kenya

Madica has secured an additional $6 million from Flourish Ventures to extend its African pre-seed investment pilot by three years, giving the programme capacity to back another 25 to 30 startups as it tests whether early-stage capital and hands-on support can produce venture-scale businesses across …

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Part of the Africa Dev Week of October 28, 2026 weekly digest.

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