{"id":162,"date":"2025-02-12T18:31:30","date_gmt":"2025-02-12T17:31:30","guid":{"rendered":"https:\/\/techstream.getdev.co\/?p=162"},"modified":"2025-02-12T18:31:30","modified_gmt":"2025-02-12T17:31:30","slug":"madica-invests-800000-in-four-startups-expands-footprint-into-north-africa","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=162","title":{"rendered":"Madica invests $800,000 in four startups, expands footprint into North Africa"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/techstream.getdev.co\/wp-content\/uploads\/2025\/02\/img_4468-1-1024x683.jpg\" class=\"wp-image-161\" srcset=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4468-1-1024x683.jpg 1024w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4468-1-300x200.jpg 300w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4468-1-768x512.jpg 768w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/02\/img_4468-1.jpg 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"p1\">Madica, an Africa-focused early-stage investment firm, has invested $800,000 in four startups as part of its efforts to support high-growth businesses. This move aligns with a broader trend of investors prioritizing startups with strong revenue potential, following a 9% share of total venture funding going to early-stage African startups in 2024.<\/p>\n\n\n\n<p class=\"p1\">The four startups receiving $200,000 each are Medikea (Tanzania), Motherbeing (Egypt), Pixii Motors (Tunisia), and ToumAI (Morocco). These companies operate in healthtech, femtech, e-mobility, and AI-powered analytics, respectively. Alongside funding, they will benefit from mentorship and immersion trips to key global tech ecosystems.<\/p>\n\n\n\n<p class=\"p1\">This latest investment expands Madica\u2019s footprint into North Africa, adding to its previous focus on Southern and West Africa. The firm, launched by Flourish Ventures in 2022, has now invested $1.6 million in eight startups and plans to deploy $6 million across 30 startups by 2025.<\/p>\n\n\n\n<p class=\"p1\">Read the full news here: <a href=\"https:\/\/techcabal.com\/2025\/02\/12\/madica-invests-in-four-startups\/\">TechCabal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madica, an Africa-focused early-stage investment firm, has invested $800,000 in four startups as part of its efforts to support high-growth businesses. This move aligns with a broader trend of investors prioritizing startups with strong revenue potential, following a 9% share of total venture funding going to early-stage African startups in 2024. The four startups receiving&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-162","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=162"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/162\/revisions"}],"predecessor-version":[{"id":163,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/162\/revisions\/163"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}