United States · Investor

Madica

Last cheque observed Oct 2026; 6 cheques on record.

Deploying nowAccelerator

Pre-seedVenture Building

Deploying now
100%of best year3cheques in 12 months, 6 on record
Since the last cheque6days00hrs00min00sec
Median round$883KRounds led3 of 6Sole investor1 roundsMostly inNigeria, 40%
Pitch Madica

Madica highlights

  1. 01

    3 cheques in the last 12 months

  2. 02

    Mostly Pre-seed and Seed: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $200K

What they do

Madica is a structured investment program for pre-seed stage companies in Africa.From their own website
Type
Accelerator
Cheque size
Not stated
Stages
Pre-seed
Sectors
Venture Building
Based in
San Francisco, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first6 appearances

  1. 2026

    3 rounds

  2. Oct
    MedikeaPre-seed · TZ · Disrupt Africa$1.2MWith 8 others
  3. Sept
    BekiaSeed · EG · Wamda$765KLed
  4. Sept
    ChipMangoSeed · NG · Google News search$1.9MWith 5 others
  5. 2025

    2 rounds

  6. Oct
  7. Feb
    ToumAIPre-seed · MA · Disrupt Africa$1.0MWith 5 others
  8. 2024

    1 round

  9. Oct
    EarthbondPre-seed · NG · Disrupt Africa$200KLed

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

What they claim to have backed

From their own portfolio page (on their website)

1 of 1 we have independently watched raise

Guidebook

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Madica. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Madica put money into.

Quick answers about Madica

What does Madica invest in?

Madica invests most often at Pre-seed and Seed (100% of the rounds on record), in sectors such as Venture Building.

How active is Madica?

6 investments on record, 3 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

What has Madica invested in recently?

Its most recent investments on record: Medikea (Pre-seed, Oct 2026), Bekia (Seed, Sept 2026) and ChipMango (Seed, Sept 2026).

How big are Madica's cheques?

The median round it joins is $883K.

Does Madica lead rounds?

Yes: it led 3 of its 6 investments on record (50%).

Where does Madica invest?

Most of the companies it backs are in Nigeria (40%), Tanzania (20%) and Egypt (20%).

Is Madica investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

Who does Madica invest alongside?

Most often Catalyst Fund (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it