# Madica: portfolio, investments and team

> Madica is an accelerator based in United States. 6 investments on record, 3 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/madica (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Madica

Last cheque observed Oct 2026; 6 cheques on record.

Email

Deploying now Accelerator

Pre-seed Venture Building

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Deploying now

**100%** of best year **3** **cheques in 12 months**, 6 on record

Since the last cheque **6** days **00** hrs **00** min **00** sec

Median round **$883K** Rounds led **3 of 6** Sole investor **1 rounds** Mostly in **Nigeria, 40%**

Pitch Madica

## Madica highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Pre-seed and Seed: 100% of its rounds
- 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 first **6 appearances**

- **2026** 3 rounds
- **Oct** **[Medikea](https://millionrounds.com/company/medikea)** Pre-seed · TZ · Disrupt Africa **$1.2M** With 8 others
- **Sept** **[Bekia](https://millionrounds.com/company/bekia)** Seed · EG · Wamda **$765K** *Led*
- **Sept** **[ChipMango](https://millionrounds.com/company/chipmango)** Seed · NG · Google News search **$1.9M** With 5 others
- **2025** 2 rounds
- **Oct** **[Anavid and Hypeo AI](https://millionrounds.com/company/anavid-and-hypeo-ai)** Pre-seed · Disrupt Africa **$200K** *Led*
- **Feb** **[ToumAI](https://millionrounds.com/company/toumai)** Pre-seed · MA · Disrupt Africa **$1.0M** With 5 others
- **2024** 1 round
- **Oct** **[Earthbond](https://millionrounds.com/company/earthbond)** Pre-seed · NG · Disrupt Africa **$200K** *Led*

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](https://millionrounds.com/company/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.

## The cheque

Pre-seed

Median round joined **$883K** the round, not its cheque Alone, median **$200K**

Led 3 of 6 rounds **50%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Pre-seed said *4*
- Seed *2*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) 2

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## 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.

[**Catalyst Fund** Growth equity **2** rounds together](https://millionrounds.com/fund/catalyst-fund-2)

## Recently backed

The latest companies Madica put money into.

[**Medikea** $1.2M · Oct 2026](https://millionrounds.com/company/medikea)[**Bekia** $765K · Sept 2026](https://millionrounds.com/company/bekia)[**Earthbond** $200K · Oct 2024](https://millionrounds.com/company/earthbond)

## 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).

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